The Federal Housing Finance Agency today issued the metrics on which it will assess the 2018 performance of Fannie Mae, Freddie Mac and their jointly owned securitization platform, which will be implemented for the âSingle Securityâ to be issued by both GSEs in the second quarter of 2019.
See Original Article
Fidelity National Financial, Inc. (FNF) is an interesting player in the Financial space, with a focus on Surety & Title Insurance. The stock has been active on the tape, currently trading at $39.12, down from yesterday's close by -0.15%. Given the stock's recent action, it seemed like a good time to take a
See Original Article
American businessman and investor Peter Schiff believes investors buying Bitcoin at current prices could lose everything. It's been an interesting, and for some frightening, past few days for Bitcoin. Last week, the price of the cryptocurrency reacted favorably to the launch of Bitcoin futures on the CBOE.
See Original Article
MUMBAI/KOLKATA: Reserve Bank of India has warned against further downside risk for the banking sector as asset quality concerns are far from over while it said the deleveraging in the heavily indebted parts of the corporate sector and slow credit growth may delay country's economic revival.
See Original Article
LendingQB and Hippo have partnered to integrate Hippo's Home Insurance solution mortgage app into LendingQB's Loan Origination Software (LOS). The integration provides lenders with a cloud-based user interface that enables borrowers to get compliant home insurance for customers at a better
See Original Article
According to Michigan Attorney General Bill Schuette, Shumake operated the business in 2009 and 2010, illegally collecting upfront fees to audit clients' mortgages and stated an attorney would renegotiate debt as needed. Understaffing and inexperienced employees resulted in clients being left in
See Original Article
As the real estate market continues to evolve, new trends are emerging for 2018. Real estate agents have the challenging task of changing with the market and being responsive to their clients' needs. Whether it is a buyer looking to purchase a new house or a seller looking to get the best price for their
See Original Article
WASHINGTON â The announcement Thursday that Treasury Secretary Steven Mnuchin and Federal Housing Finance Agency Director Mel Watt had agreed to let Fannie Mae and Freddie Mac each build a $3 billion capital buffer in many ways avoided a potential crisis. Without this deal, Fannie and
See Original Article
Syndicated financial columnist Terry Savage helped her dad get a reverse mortgage when he was in his early 80s and he was able to live in his own home until he passed away at 95. She recently shared his story in her column and in this video to explain why she supports the concept of a reverse
See Original Article
The integration will enable Loan Officers using Floify to streamline their mortgage process and automatically collect a borrower's credit report from Credit Plus upon submission of a loan application or on-demand directly from their Floify account. Credit Plus' integration with Floify also eliminates the
See Original Article
But Redfin, a tech-focused real estate startup, is challenging the status quo by expanding its one percent listing fee program into the Hudson Valley housing market, including Westchester and Rockland counties. In a traditional setting, sellers are typically responsible for a six percent commission on the
See Original Article
The U.S. Treasury Department has agreed to allow Fannie Mae and Freddie Mac to retain small capital buffers, reversing a plan to wind down the … That credit line collectively totals $258.1 billion, of which $117.6 billion is available to Fannie and $140.5 billion is available to Freddie. Once drawn
See Original Article
The moves come about five months after BMO appointed Dan Barclay and Peter Myers as co-heads of global investment and corporate banking. The three executives â John Armstrong, Ashi Mathur and Michael Neuberger â will report to Barclay and Myers. Since the financial crisis, BMO has invested
See Original Article
While London and Manchester used to be the hot favourites among investors, the city of Birmingham is rapidly emerging as the next property hotspot to look at in the UK. According to The Emerging Trends in Real Estate 2017 report, Birmingham was named the UK's top location for property investment,
See Original Article
Summary. On January 1, 2018, amendments to the rule that implements the Home Mortgage Disclosure Act (HMDA), Regulation C, issued by the Consumer Financial Protection Bureau (CFPB) in 2015, take effect. The Office of the Comptroller of the Currency (OCC) is issuing this bulletin to inform
See Original Article
âThe bill will have a significant impact on the housing market and overall economy, so it makes sense that people are wondering what it means to them,â Senior Economist Joseph Kirchner of realtor.com said in a statement. Republican lawmakers say the $1.5 trillion tax-code rewrite will put more money
See Original Article
Fannie Mae and Freddie Mac will each be allowed to maintain a capital buffer of $3 billion under a new agreement between the Treasury Department and the Federal Housing Finance Agency announced today. The GSEs' current capital buffer â put in place under the terms of the Senior Preferred
See Original Article
I'm concerned that the expected changes in the federal tax laws, particularly pertaining to capping the deductibility of real estate taxes and mortgage/loan interest, as well as the elimination of the deductibility of state and city taxes, will adversely affect the cooperative and condominium sales market.
See Original Article
One year after the 2016 elections, the U.S. affordable housing market continues to weaken. … Kevin Morris, South Florida member of the Colliers International Affordable Housing division, talked to Multi-Housing News about the affordable housing market during the first year of the Trump administration
See Original Article
The Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) for September slowed to its lowest level since January, 6.3 percent and the month-over-month increase of 0.3 percent was also a recent low. The October HPI, released on Thursday, probably erased any thoughts that the rate of
See Original Article