Tag Archives: Fhfa

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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Bulk REO sales have California Realtors calling for FHFA leadership change

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REAL ESTATE: CAR calls for new FHFA leaders – Press

Posted on | November 5, 2012 | Comments The Federal Housing Finance Agency’s decision to proceed with REO bulk sale transactions in California through private investors led California Association of Realtors to issue a call for a change of leadership … Continue reading

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Regulator Claims New Rules Will Loosen Mortgage Lending

Ask any real estate agent, home builder or home buyer what is the biggest barrier to entry in today’s housing market, and the likely answer will be: tight credit. The lax lending of the latest housing crash is no more, … Continue reading

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Florida group complains about federal bulk foreclosure sales

Florida real estate agents contacted the National Association of Realtors, noting that 775 “real estate owned,” or repossessed, houses had come under contract during July as part of the program. That included 190 in central and northwest Florida, 418 in … Continue reading

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REAL ESTATE: FHFA steering toward REO bulk sales – Press

Real estate professionals are accusing the Federal Housing Finance Administration and Fannie Mae of moving in a “secretive” way to test a bulk-buying house program in the Inland Empire that will squeeze out consumers, shutter viable businesses and harm an … Continue reading

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3 More Bullish Real Estate Charts

It defies all logic. Gloomy economic data continues to pour in, raising the specter of another recession. The Chicago Fed National Activity Index and the ISM Manufacturing Index are two of the latest to disappoint. Yet the most recent data … Continue reading

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Refi Boom Benefits Borrowers and Big Banks

Millions of Americans are saving billions of dollars in monthly mortgage payments, thanks to record-low interest rates. The refinance market is booming, now at 78 percent of residential mortgage activity, according to the latest read from the Mortgage Bankers Association. … Continue reading

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CAR commends California congressional members for introducing bill to stop …

LOS ANGELES, CA – May 21, 2012 – (RealEstateRama) — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds California Congressmen Gary Miller (R-Brea) and seven other California congressional members for introducing legislation that calls for the Federal Housing Finance Agency (FHFA) … Continue reading

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