Wed, May 28 2014, 12:02 PM
Freddie Mac's new Multi-Indicator Market
Index (MiMi) continues to show a weak housing market overall. The national MiMi value is flat compared to...
Mon, May 19 2014, 1:24 PM
Freddie
Mac's economists used this month's Economic and Housing Market Outlook to look
at three areas of supply and demand.
Analyzing each, they s...
Tue, May 13 2014, 1:00 PM
The Federal Housing Finance Agency
(FHFA) will not use its conservatorship authority to reduce current conforming
loan limits. FHFA Director Melv...
Thu, Apr 24 2014, 10:18 AM
It
is "bring your kid to work" day. Some kids are fascinated with how much
others make. They grow up to be underwriters . Others are fascinated
...
Fri, Apr 18 2014, 9:52 AM
Tommy
LaSorda supposedly said, "I found out that it's not good to talk about
my troubles: 80% of the people who hear them don't care and the other...
Thu, Mar 27 2014, 9:50 AM
Bank of America bought Countrywide and Merrill Lynch in 2008 and 2009 respectively. How is that investment paying off? Well, it just cost BofA anoth...
Tue, Mar 25 2014, 9:46 AM
The current plan to wind down Fannie Mae and Freddie Mac would result in lower housing prices for everyone. It would harm the United Stat...
Tue, Mar 18 2014, 10:27 AM
What
is the MBA applications number going to tell us tomorrow? My bet, given
stories from lock desks around the nation, is that we'll see an
imp...
Wed, Mar 12 2014, 10:37 AM
Problems can be created by differences in education,
nationality, or age. For example, the ICBA reports 90% of community
bankers say their averag...
Mon, Mar 10 2014, 10:21 AM
Every lender & servicer, and therefore borrower, is influenced by the price of servicing .
And in recent months we have all seen large blocks of se...
Thu, Mar 6 2014, 11:01 AM
The venerable Freddie Mac Primary Mortgage Market Survey
(PMMS™) is a cornerstone of mortgage rate data. It is both
longstanding and highly acc...
Mon, Mar 3 2014, 9:16 AM
Zelman & Associates
invites readers to join them for an informative conference call to
discuss their outlook on the housing market and mortgage ...
Thu, Feb 27 2014, 12:59 PM
Freddie
Mac posted its ninth consecutive quarter of positive net and comprehensive
income on Thursday as well as a substantial profit for Fiscal 2...
Fri, Feb 21 2014, 10:44 AM
Tongues are wagging
about Wells Fargo' s extending credit to borrowers with lower credit
scores (600 FICOs) and thus, on the surface, perceive hi...
Tue, Jan 28 2014, 6:48 PM
Adjustable
rate mortgages remain at historic lows Freddie Mac said today as the company
released results of its 30 th Annual
Adjustable-Rate Mort...
Wed, Jan 22 2014, 5:21 PM
A Treasury Department official said
today that despite arguments that Fannie Mae and Freddie Mac (the GSEs) are
financially flush and that, with the...
Fri, Jan 17 2014, 10:42 AM
"The
check's in the mail!" Hah! The Fed reports the number of checks paid
has declined from close to $50B in the 1990s to about $20B. With tax...
Thu, Jan 16 2014, 3:14 PM
The housing market turned the corner in 2012 Freddie
Mac's economists said today, and the recovery was fully underway in 2013. But despite the posit...
Tue, Jan 7 2014, 9:43 AM
"Teach your children about taxes: eat 30% of their ice cream."
They'll also learn something about percentages. If 30% of cities have
rebounded to ...
Mon, Dec 16 2013, 10:39 AM
A Freddie Mac senior vice president is using
the company's blog to debunk a few myths she says may be keeping homeowners
from refinancing through ...
Fri, Dec 13 2013, 10:11 AM
The
old saying goes, "If there is only one attorney in a town, he'll starve to
death. If there are two attorneys in a town, they'll both get rich." ...
Mon, Dec 2 2013, 12:42 PM
Fannie Mae and Freddie Mac have
completed a major overhaul of their master policy requirements for private
mortgage insurance the Federal Housin...
Mon, Dec 2 2013, 9:41 AM
Bank of America has settled another
claim for loans it either originated during the housing boom or acquired
through its purchase of another lender....
Mon, Dec 2 2013, 9:25 AM
Planning
on giving out a few things for the holidays to special clients? Think
twice about it! Ken Perry writes, “Hey Rob, as we get closer to the...
Mon, Nov 25 2013, 1:45 PM
The Office of Inspector General
(OIG) of the Federal Housing Finance Agency (FHFA) has
released its sixth Semiannual Report to the Congress. The re...
Thu, Nov 21 2013, 3:34 PM
Mortgage rates may have managed to hold steady to slightly lower ,
but it's important to understand that today's rates are still
significantly ...
Wed, Nov 20 2013, 9:51 AM
The coming year should bring an
emergence of the first purchase-dominated market the U.S. has seen since 2000
Freddie Mac has predicted. The
s...
Tue, Nov 12 2013, 10:21 AM
Generally speaking, home values are going up, and we receive plenty
of statistics every month slicing and dicing sales and values. The
latest is f...
Tue, Nov 12 2013, 1:01 PM
Freddie Mac has signed a risk sharing
agreement with Arch Reinsurance Ltd. Which will cover up to $77.4 million in
possible credit losses from a...
Thu, Nov 7 2013, 1:44 PM
Freddie Mac has priced its second
Structured Agency Credit Risk (STACR) offering.
The debt notes are priced at $630 million and follow its initial ...
Thu, Nov 7 2013, 1:29 PM
Freddie Mac and Fannie Mae each
reported strong third quarter financial results today. For Freddie it was the eighth consecutive
profitable quarte...
Tue, Oct 22 2013, 4:05 PM
In a move some borrowers and
originators might consider "too little, too late" both Fannie Mae and Freddie
Mac announced today they are expanding t...
Tue, Oct 15 2013, 3:08 PM
There may be life in those old GSE bones yet. At least that is one
conclusion that can be drawn from an article in Bloomberg on Tuesday.
Writers...
Tue, Oct 8 2013, 11:27 AM
Freddie Mac has issued guidance to its
lenders and servicers in an effort to keep the mortgage market flowing during
the lengthening government shu...
Wed, Oct 2 2013, 10:18 AM
Freddie Mac has tentatively settled
three more claims with financial institutions over representations and
warranties related to single family loa...
Tue, Oct 1 2013, 1:07 PM
Freddie Mac wants its customers and business
partners to know they are open for business and largely unaffected by the
government shutdown. Despite...
Thu, Sep 26 2013, 5:21 PM
Freddie Mac's total mortgage portfolio
ended August with a principal balance of $1.93 trillion. This represented a 5.0 percent reduction from
the...
Tue, Sep 17 2013, 12:56 PM
As it did following the devastation of Hurricane
Sandy, Freddie Mac has made the full menu of its mortgage relief policies available
to borrowers ...
Tue, Sep 17 2013, 10:41 AM
Late Monday Freddie Mac issued a bulletin for its
Single-Family Servicer Guide ( Bulletin
2013-17) which covers changes to the Home Affordable Modi...
Mon, Sep 9 2013, 1:32 PM
A senior Freddie Mac executive
suggested today that policymakers consider his company's model for securitizing
multifamily loans as they grapple wit...
Fri, Aug 30 2013, 10:52 AM
Radian announced it has entered into an agreement with Freddie Mac
on a pool of delinquent loans which eliminates credit risk on 9,756
delinque...
Thu, Aug 29 2013, 11:47 AM
Freddie Mac's Total Loan Portfolio now has an outstanding
balance of $1.94 trillion dollars. The
balance at the end of July represents a reduction...
Wed, Aug 21 2013, 11:05 AM
There is a lot of continued controversy and focus over the various
compensation plans for loan officers and regulatory audits. Obviously,
these c...
Wed, Aug 14 2013, 9:51 AM
Per the recent post regarding the STRATMOR Group's mid-year survey,
over 50 lenders have responded to the STRATMOR Survey on what actions
lenders ...
Wed, Aug 7 2013, 12:04 PM
Freddie
Mac has again reported strong quarterly financial results with net
income in the second quarter of 2013 coming in at $5.0 billion, $0.6
bi...
Wed, Aug 7 2013, 10:54 AM
President
Barack Obama, speaking to an audience in Phoenix yesterday, tied his
proposal reforming the U.S. housing system to both his on-going theme...
Wed, Aug 7 2013, 4:20 PM
Freddie Mac fired a warning shot in the
direction of the City of Richmond California today, threatening to
sue if the city moves forward with its ...
Mon, Jul 29 2013, 9:38 AM
I am visiting Montana, and Butte just wrapped up "Evil Knievel Days"
over the weekend. (I had an acquaintance who was married to his sister -
thei...
Thu, Jul 25 2013, 10:40 AM
About
50 broadly diversified investors are participating in a $500 million
offering by Freddie Mac of Structured Agency
Credit Risk (STACR SM ) D...
Thu, Jul 25 2013, 2:43 PM
Freddie Mac reported today that its
total mortgage portfolio increased at an annualized rate of 0.5
percent in June. The portfolio balance at t...
