Home Prices Surged in June, Led by the West

Home Prices Surged in June, Led by the West

(CN) — Home prices surged higher in June led by sizable increases in Seattle, Washington, Portland, Oregon, and Dallas, Texas, Standard & Poor's
See Original Article

CBS's Big International Acquisition

CBS's Big International Acquisition … 29 in Australia) that CBS (ticker: CBS) is buying Ten Network Holdings by repaying $123 million of debt is about
See Original Article

Per-loan profit rises back above $1000

Higher volumes and lower costs have helped revive the profitability of independent mortgage banks and bank mortgage units, despite a decline in
See Original Article

Freddie Mac: Portfolio is Growing

Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 1.8 percent in July. The portfolio balance at the end of
See Original Article

UWM Commits Additional Funding to NAMB's KickStart Program

“We are passionate about helping mortgage brokers grow and thrive, as we believe it is the best way for a consumer to get a loan and the best place
See Original Article

The regulatory years

Within a year, Lehman Brothers had filed for bankruptcy, the US government had bailed out Fannie Mae and Freddie Mac, and the investment bank,
See Original Article

Freddie Mac to Suspend All Evictions and Foreclosures in Hurricane Harvey Major Disaster Areas

MCLEAN, VA–(Marketwired – Aug 29, 2017) – Freddie Mac ( OTCQB : FMCC) is announcing that, effective today, it is suspending evictions and
See Original Article

Fannie Mae Will Provide Additional Assistance to Homeowners Impacted by Hurricane Harvey

If your loan is not owned by Fannie Mae, use this link to see if Freddie Mac owns your loan. Fannie Mae helps make the 30-year fixed-rate mortgage
See Original Article

Another Day, Another Record High Home Price Index

Yes, it happened again—another home price index has hit a new high. In this case, the S&P CoreLogic Case-Shiller National Home Price Index
See Original Article

Most homeowners affected by Hurricane Harvey don't have flood insurance

Federal financial regulators have reportedly told lenders to work with those affected by Harvey to accommodate their needs. Meanwhile, Freddie Mac
See Original Article

Industry Groups Press FHFA on Alternative Credit Scoring

A coalition of housing and mortgage trade associations has called on the Federal Housing Finance Agency (FHFA) to expand use of alternative credit
See Original Article

Berkadia Secures $38M in Refinancing for Apartment Community in Greenville Suburb

Mitch Sinberg and Matt Robbins of Berkadia arranged the 10-year, floating-rate loan through Freddie Mac's Green Up Program on behalf of the
See Original Article

Differences Between Conforming Loans and Nonconforming

The government-sponsored entities that drive the home loan market are Fannie Mae and Freddie Mac. These behind-the-scenes companies provide a
See Original Article

US home prices surge in June, led by Seattle

The average 30-year fixed rate mortgage was 3.86 percent last week, according to mortgage buyer Freddie Mac. Average rates have declined in
See Original Article

Why Use a Commercial Mortgage Broker?

A commercial mortgage broker typically deals with a wide array of local and national lenders every day. These include: banks, Wall Street investment
See Original Article

Credit default swaps are storing up trouble for China

In a parallel with the American obsession with home ownership that led to the formation of Fannie Mae and Freddie Mac, the federal housing finance
See Original Article

Is Your Home Really a Safe Investment?

While it's true that home prices steadily rise over time, what many people fail to realize is that this rise has more to do with inflation than anything else.
See Original Article

Irish People Lose Out On Crazy Money Every Year By Lending To Friends And Family

According to The Irish Examiner, money transfer app Circle carried out a countrywide survey and found that we lose up to €260 a year lending money
See Original Article

Marshall Wace North America LP Has $6.53 Million Stake in Choice Hotels International, Inc. (CHH)

Alliancebernstein L.P. raised its stake in Choice Hotels International by … BidaskClub upgraded shares of Choice Hotels International from a “buy”
See Original Article

Mortgage Assistance Options Available to Homeowners in Path of Hurricane Harvey

Homeowners in the path of Hurricane Harvey have mortgage assistance options available to them, Fannie Mae and Freddie Mac recently announced.
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.