Fact Check: Does The Federal Reserve Own 21 Percent Of All Mortgage Bonds, Fueling Housing …

Fact Check: Does The Federal Reserve Own 21 Percent Of All Mortgage Bonds, Fueling Housing …

Fannie Mae and Freddie Mac are government-sponsored entities. The Fed has been aggressively buying MBS (mortgage backed securities). Another
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Construction Spending Edges Up in April: Top 5 Stocks to Buy

Per the latest report from Mortgage buyer Freddie Mac, the average rate for a 30-year fixed-rate mortgage fell to 2.95% for the week ended May 27,
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Lyons National Bank

Lyons National Bank (LNB) earned the Home Possible RISE Award in the Home Possible RISE Award for Greatest Volume from Freddie Mac.
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Texas State Legislators Looks To Protect Reverse Mortgage Borrowers

For the reverse mortgage industry, lenders are under the microscope for false, misleading or deceptive advertising. The Texas House Bill 1129 is looking
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Hilton falls off Fortune 500 as another DC-area company makes the cut for the first time

Here's the full breakdown of Greater Washington companies on the Fortune 500 for this year: No. 25: Fannie Mae (D.C.), $106.4 billion, DOWN ONE; No.
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Many central banks have formal safeguards over firing governors

Most respondents to Central Banking's governance benchmarking exercise have a framework setting out well-defined methods both for appointing
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Monument Capital Management Acquires Apartment Community in Metro St. Louis for $67.3M

Brad Williamson and Wesley Moczul of Berkadia originated $52 million in acquisition financing through Freddie Mac. The six-year loan features a
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Today's National Mortgage Rates, June 2, 2021 | Rates Climbed

Both 30-year fixed and 15-year fixed mortgage rates moved higher. We also saw a hike in the average rate of 5/1 adjustable-rate mortgages (ARM). The
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For Swiss Banking, Digitization Is More Cost Than Benefit

An ominous trend is emerging in Swiss banking – gross earnings are falling and IT costs are rising, a study shows. The financial benefits to Swiss
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Tyson Replaces CEO Dean Banks After Eight Months on the Job

Company veteran Donnie King to take top post after Banks leaves for personal reasons. Tyson Foods has been contending with production constraints
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Xome® Xpert Seller Launches to Provide Mortgage Servicers with a Tool to Empower Borrowers …

While Xpert Seller benefits homeowners who choose to participate, it also benefits buyers, mortgage servicers, real estate agents as well as the
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Demand for mortgages lowest since before the pandemic

Demand for mortgages lowest since before the pandemic. After adjusting for seasonal patterns, requests for purchase loans were down 3% from the
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PSD2 and the Challenges It Poses to Banks and Customer Relationships

Much virtual ink has been spilled on the topic of how the PSD2 and SCA will affect the banking sector. By contrast, the Directive's effects on consumers
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Showcase IDX, #1 IDX Plugin for Real Estate Websites Adds Coverage for Canada

This is one of the very few companies (SaaS delivered through a WordPress Plugin) that allows real estate agents and brokers to add a home search on
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Mortgage tech firm Volly scoops up Home Captain

Volly, a mortgage tech company that offers customer relationship management and point-of-sale services for lenders, announced Wednesday the
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Mortgage and refinance rates today, June 2, 2021

Average mortgage rates inched higher again yesterday. But only by the smallest measurable amount. So far this morning, there are signs things might
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What You Need to Know Before Taking Out a Joint Mortgage

Before applying for a joint mortgage, you'll want to evaluate both people's credit histories, credit scores, existing debt and income. Most lenders look
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Europe's Digital Banking Industry Enters Its First Restructuring Wave

In recent years, Europe has witnessed a frantic arms race between its new generation of digital challenger banks. The number of platforms offering
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MedCraft Healthcare Real Estate Expands Across Arizona to Serve Rapidly Growing Southwest …

From creative financing options, providing TMC and physicians with real estate investment opportunities in both facilities, and highly skilled facility
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GSE Scramble to Comply with FHFA, CFPB Changes

Fannie Mae and Freddie Mac (the GSEs) are trying to sort out ways to implement several major changes imposed on them from outside sources.
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