One of the most nagging issues in the housing industry since the recession has been the dearth of young homeowners. And the news is staying bad for now.
Read More »Freddie Mac Updates Updated Home Possible Tool for Lenders
Freddie Mac is offering an updated Home Possible Income & Property Eligibility Tool which allows lenders to determine if a borrower meets the income requirements for a low down payment mortgage on a specific property.
Read More »Stress Tests Show GSEs Would Need Another Bailout
Under severely adverse economic conditions applied by the Dodd-Frank Stress Tests, Fannie Mae and Freddie Mac are projected to need another taxpayer-funded bailout.
Read More »Fannie Mae’s Q2 Earnings are Solid Despite Profit Decline
Despite a year-over-year decline in profitability, Fannie Mae's Q2 earnings report still contained several positives, among them liquidity provided to the mortgage market and credit risk transfer.
Read More »Is Freddie Mac Back or is the Q2 Profit a Mirage?
Depending on what number Freddie Mac's Q2 net income is compared to, it’s either a significant gain or a sign of further financial trouble for the GSE.
Read More »G-Fees Level Off After Years of Rising Sharply
The FHFA's annual report on the progress of the GSEs' guarantee fees found that the fees are more stable due to lower credit risk on new acquisitions.
Read More »Freddie Mac: The South is Where It’s At
As national indicators moved further into the stable range for housing, Freddie Mac reported the most substantial gains occurred in southern markets.
Read More »Voters Believe Housing in America Needs Serious Fixing
Voters are widely dissatisfied with access to housing and mortgages and they believe the system is rigged against those who can't borrow money, according to a recent survey.
Read More »Freddie Mac: Lessons Learned from the Crisis
The mortgage servicing industry has become stronger and more efficient in a post-crisis world, according to Freddie Mac.
Read More »FHFA Reports Progress on Single Security Initiative
According to the FHFA, the GSEs intend to begin implementing the Common Securitization Platform software later this year.
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