Economic News
The handwriting is on the wall. Fannie and Freddie failed as Government Sponsored Enterprises (GSEs) and are now wards of the State. Talk about your...
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The handwriting is on the wall. Fannie and Freddie failed as Government Sponsored Enterprises (GSEs) and are now wards of the State. Talk about your...
Recently, Fannie Mae began to actively seek out brokers listing more than 30 REO listings from any single Fannie Mae source which understandably is...
Major losses = more credit? Despite a first quarter loss of $13.1 billion, Fannie Mae requested an additional $8.4 billion, on the heels of...
Fannie Mae’s plan for interest only loans Fannie Mae has announced that it will be tightening requirements for the interest only loans they back...
Fannie Mae releases new rules In an effort to help distressed homeowners avoid foreclosure, effective July 2010, troubled homeowners that opt to voluntarily release...
Too many chiefs? With the housing crisis still heated and stabilization seemingly wishful thinking, 2010 will continue to be the year of finger pointing...
FHFA changing the game The Federal Housing Finance Agency (FHFA) aims to set goals for Fannie Mae and Freddie Mac that would target borrowers...
Fannie Mae makes their move The lending industry has had a historic year so far as the landscape changes, the government changes policies and...
Abolishing Fannie & Freddie? Barney Frank (D-MA), chairman of the House Financial Services Committee claims that new legislation is likely to propose elimination of...
The Obama Administration is under fire this week over their decision to remove the caps that limited the amount of available capital to Fannie...
The implementation of the Home Valuation Code of Conduct (HVCC) impacts a number of stakeholders in the real estate industry. And as with the...
Black Monday Black Monday: The end of the financial world as we know it…. If you watch any of the financial TV shows one...
Conventional Wisdom Conventional wisdom would seem to indicate that Fannie Mae and Freddie Mac being put into conservatorship by the government is an ominous...
Image Courtesy of creativecommons.org I’m in the Airport Tomorrow is the meeting of the Professional Standards Interpretations and Procedures subcommittee in Chicago. I arrived...
The Declining Market Debacle “Declining Markets” have been an increasing concern with practitioners in the past year, and it seemed to be getting worse....
If “subprime” was the word of the year for 2007 then I think “declining markets” has a fair shot for 2008. Granted it’s a...