Tag Archives: Fannie Mae

Fannie Mae: From Ward of the State to Cash Cow

When Fannie Mae was bleeding cash back in 2008, the government took it into conservatorship, which allowed Fannie Mae to draw funds from the Treasury to stay afloat. In return, the government took senior preferred shares of the company. Fannie … Continue reading

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Housing Recovery Shows Up In Job Gains

Residential construction jobs increased by just over 6,000 in April from the previous month, according to the Bureau of Labor Statistics, and residential specialty trade contracting jobs (plumbers, electricians, roofers, etc.) grew by over 7,000. Those workers need more trucks, … 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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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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Anian Tunney Piedmont CA Real Estate Agent: Alameda County is a Hot Real … – Virtual

Anian Tunney Piedmont CA real estate agent reports on current market conditions for Alameda County, the Bay Area and California. San Francisco, CA (PRWEB) March 24, 2013 Anian Tunney, Piedmont, CA Real Estate Agent with the Grubb Company reports that … Continue reading

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They Bailed on Their Homes—Now They Want Back In

While home ownership has fallen dramatically since the recent housing boom, from a high of 69.2 percent in 2004 to 65.4 percent at the end of 2012, according to the U.S. Census, the desire to own a home is still … Continue reading

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They Bailed On Their Homes

While home ownership has fallen dramatically since the recent housing boom, from a high of 69.2 percent in 2004 to 65.4 percent at the end of 2012, according to the U.S. Census, the desire to own a home is still … Continue reading

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Meet America’s New Landlords: REITs

To see that growth, look no further than Edelheit’s brand new Atlanta office space, where he now employs 150 workers full-time and hundreds more part-time. His REIT owns close to 2000 properties in Georgia, North Carolina and Florida, and they … 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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Grandbridge Real Estate Capital completes purchase of California commercial …

CHARLOTTE, N.C., Dec. 3, 2012 /PRNewswire/ – Grandbridge Real Estate Capital LLC, a wholly-owned subsidiary of BBT Corporation (NYSE: BBT), announced today it has completed the purchase of Dwyer-Curlett Co., a leading commercial real estate finance firm with three offices in … Continue reading

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