Tag Archives: Fannie Mae And Freddie Mac

Why Fannie Mae Shot Up 400 Percent in 3 Months

Since both Fannie Mae and Freddie Mac were put in government conservatorship during the housing and mortgage market crashes, they are required to pay all profits to the U.S. Treasury department in the form of dividends. Shareholders get nothing. (Read … Continue reading

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Why Fannie Mae Shot Up 400 Percent in 3 Months

Since both Fannie Mae and Freddie Mac were put in government conservatorship during the housing and mortgage market crashes, they are required to pay all profits to the U.S. Treasury department in the form of dividends. Shareholders get nothing. (Read … Continue reading

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California Realtors Confirms That New FHFA Rep Will Ensure Liquidity to the …

(Source: CAR) – The following is a statement made today by the CALIFORNIA ASSOCIATION OF REALTORS® President Don Faught: “The CALIFORNIA ASSOCIATION OF REALTORS® applauds the appointment of Representative Mel Watt as the new director of the Federal Housing Finance … Continue reading

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California REALTORS® applaud new FHFA appointment

Los Angeles, CA – May 2, 2013 – (RealEstateRama) — The following is a statement made today by the CALIFORNIA ASSOCIATION OF REALTORS® President Don Faught: “The CALIFORNIA ASSOCIATION OF REALTORS® applauds the appointment of Representative Mel Watt as the … Continue reading

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McNerney Introduces the Home Act to Help Homeowners Avoid Forclosure

WASHINGTON, D.C. – April 25, 2013 – (RealEstateRama) — Congressman Jerry McNerney (D-Stockton) introduced the Housing Opportunity and Mortgage Equity (HOME) Act of 2013 to help underwater homeowners avoid foreclosure. The HOME Act will help lower homeowners’ monthly mortgage payments, … Continue reading

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Housing’s Recovery Means Fewer Can Afford Homes

Rising home prices are not the only factors hitting home affordability. Fees charged to lenders by Fannie Mae and Freddie Mac (known as “guarantee fees” for bundling and selling mortgages) began rising dramatically in the past month and are now … Continue reading

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Bulk REO sales have California Realtors calling for FHFA leadership change

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Housing Still Precarious in Obama’s Second Term

The housing market is on the slow road to recovery. Home prices in the last three months rose in 120 out of 149 metropolitan markets surveyed by the National Association of Realtors. Compare that to just 39 rising metros a … Continue reading

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Recent California Real Estate Survey Finds Mixed Results in Market

(Source: CAR) — Lenders have made incremental improvements in closing short sale transactions since last summer, but still have a long way to go, according to findings from the latest Lender Satisfaction Survey conducted by the CALIFORNIA ASSOCIATION OF REALTORS® … Continue reading

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Why Home Refinancing Boom Is Different This Time

U.S. home owners are refinancing their mortgages at the fastest clip since 2005, but the difference now is they are putting cash in, not taking it out. At the going rate, 25 percent of all first-lien U.S. mortgages will be … Continue reading

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