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Tag Archives: Fannie Mae

Five Star Conference Launches With Focus on REO Market

The annual Five Star Conference gathers mortgage servicing industry executives with government representatives, attorneys, service providers, and others. Sunday’s lineup included programming aimed at the agent membership of Five Star’s Federation of REO Certified Experts (FORCE).

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Erratic Mortgage Rates Jump Back Upward

After falling back toward the 5%-mark, Freddie Mac reports that mortgage rates rose more than 40-basis points this week, as continued slowdown in economic growth weighs on the housing market.

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Weak Growth Will Continue as Housing Slows

Despite mortgage rates pulling back over the past month, numbers are down 59 basis points from the recent peak of 5.22% according to the latest Fannie Mae survey, they continue to anticipate a slowdown in home sales activity.

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Survey: Lenders Tightening Budgets

Doug Duncan, SVP and Chief Economist at Fannie Mae, comments on the most recent Mortgage Lender Sentiment Survey, which found that major lenders are working on cutting costs amid a tumultuous real estate market.

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Fannie Mae Index Examines Refi App Activity

Fannie Mae’s new index provides two measures: volume of unpaid principal balance in dollars and a loan count. The RALI sources data from Fannie Mae’s Desktop Underwriter to show both the past week’s refinance application trends and prepayment projections.

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