Several key players have rung in on the decision by the Office of Federal Housing Enterprise Oversight (OFHEO) to retain limits on the mortgage portfolios owned by Freddie Mac and Fannie Mae. The two government sponsored enterprises (GSEs) had petitioned OFHEO, its regulator, last week asking to be allowed...
Posted to
MND NewsWire
by
Glenn Setzer
on
Mon, Aug 20 2007
Filed under:
Filed under: national association of realtors, NAR, Freddie Mac, ofheo, Fannie Mae, national association of home builders, Mortgage Bankers Association, MBA, credit crunch, countrywide, NAHB, gse, charles schumer, subprime crisis, rate reset
Two days, two economic forecasts; the first which we reported on earlier from the National Association of Realtors (NAR) showed a rapid deterioration in the confidence that association's economic advisors have in the near future of the housing industry . Now we have the June Economic Outlook from Freddie...
One of the most vocal proponents of the Chicken Little philosophy of real estate is John R. Talbott, who in 2003 wrote the best selling book The Coming Crash in the Housing Market . His new book Sell Now! The End of the Housing Bubble was published this year and has occasioned a lot of press and a certain...
So, why has appraisal fraud gained the foothold that it apparently has in the mortgage granting process ? Is anyone watching the store? According to the Demos Report, there are a lot of people who might be or maybe even are watching, but few who have both the power and the motivation to crack down on...
Posted to
MND NewsWire
by
Glenn Setzer
on
Mon, May 2 2005
Filed under:
Filed under: FBI, national association of realtors, Freddie Mac, ofheo, Fannie Mae, Justice Department, Federal Reserve, office of federal housing enterprise oversight, appraisal fraud, mortgage granting process, Demos Report on Appraisal Fraud, Federal Deposit Insurance Corporation, Office of the Controller of the Currency, banking regulation, appraiser training, appraiser standards