Most everyone agrees that the conservatorships need to end, but cannot agree on how. What did a conservative coalition propose as the solution?
Read More »Mortgage Round Up: Rates and Applications Data Synchronizes
Following an imbalance in data last week, mortgage rates hit a new low for the year, and borrowers took advantage of this with an uptick in mortgage applications this week.
Read More »Mortgage Repurchases Say Farewell at Freddie Mac
Mortgage repurchases, a seemingly taboo subject in the housing market, are down significantly from their peak at Freddie Mac. What benefits does this phenomenon pose for the mortgage industry?
Read More »Servicers, Get Ready for Record Low Mortgage Modification Rates
Fannie Mae and Freddie Mac recently announced a big change to the benchmark mortgage modification interest rate that will help servicers.
Read More »Delving into Fannie Mae, Freddie Mac Earnings
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 »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 »Digging Deeper into GSE Mortgage Portfolios
The GSEs’ mortgage portfolios are being reduced at a rapid rate with the impending total loss of their capital buffer. What does this mean for Fannie Mae and Freddie Mac in terms of a financial bailout?
Read More »The Week Ahead: Will the GSEs Need a Bailout This Week?
Fannie Mae and Freddie Mac are set to release its first quarter earnings statement this week, and after rough weeks of earnings so far, many in the industry are fearing the worst concerning the profitability of GSE. Is yet another taxpayer-funded bailout upon us?
Read More »A House Win For State Insurers
The House Financial Services Committee unanimously passed a bill this week that lifts certain restrictions placed on insurance companies by the federal government and gives states more flexibility to license and regulate private flood insurance.
Read More »Mortgage Roundup: What is the Deal With Rates, Applications?
Mortgage rates and applications had been on a continuous trend of low rates and high applications, but they have now changed course and are heading in an opposite direction.
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