The financial results for Q1 2016 released by both Freddie Mac and Fannie Mae this week, particularly for Freddie Mac, have resulted in even more questions as to whether or not the current GSE model is sustainable.
Read More »HUD Addresses Affordable Housing Crisis
HUD made its first allocations through the National Housing Trust Fund this week. How much was allocated and where will the money be going?
Read More »What Does the Disappointing Jobs Report Means for Housing?
A mostly disappointing April jobs report from the Bureau of Labor Statistics on Friday, combined with recent turbulence that includes a 0.5 percent GDP estimate for the first quarter, has many wondering whether another economic slowdown is on the way.
Read More »Fannie Mae Brings Good News to Earnings Table
The Q1 financial results for Fannie Mae contained much better news than the report of its fellow GSE, Freddie Mac, earlier this week.
Read More »Trott Law Celebrates 40th Anniversary
Trott Law, a real estate finance law firm based in Farmington Hills, Michigan, has announced that it is celebrating its 40th anniversary this year.
Read More »Another Non-Bank Servicer Counts its Losses
Nationstar was the only one of the three largest non-bank servicers rated by Moody's to turn a profit in 2015, but the Dallas-based servicer couldn't keep it up in the first quarter of 2016. What caused the net loss for Nationstar, and which segments of the company performed well in Q1?
Read More »Fannie Mae Enhances Credit Risk-Sharing Disclosures
To date, Fannie Mae's CAS program has resulted in the transfer of credit risk on single-family loans totaling more than a half trillion dollars. What enhancements did Fannie Mae make to the program?
Read More »Regulators Want Banks to Be Ready for a Crisis
Federal financial regulators on Tuesday proposed a rule that require the largest banks to be ready in case of another financial crisis. What are the agencies proposing that banks do to be ready?
Read More »Freddie Mac Dodges A Bailout Bullet
The good news from Freddie Mac’s Q1 2016 Financial Results: Freddie Mac will not need a draw on Treasury for the time being. Now the bad news: Freddie Mac reported a multi-million dollar net loss for the first quarter.
Read More »The CFPB’s Tough Month of April
Between attempts made by lawmakers to reform the Bureau to the PHH trial, the CFPB is probably glad to see April in the rear view mirror.
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