The Federal Housing Administration is on the brink of the next big government bailout. Potentially. Yet Commissioner Carol Galante insists there is strength ahead.
Advisory firm MountainView Servicing Group is managing the sale of a $755 million Fannie Mae servicing portfolio along with another portfolio comprised of $395 million in Fannie Mae and Freddie Mac loans.
About 99.8% of the Fannie Mae servicing portfolio is made up of fixed-rate first-lien products...Read More
The housing sector may finally become a direct and meaningful contributor to U.S. economic growth in 2013 and beyond, according to NewOak CEO and Co-Founder Ron D’Vari.
D’Vari expects the sector to provide an estimated...Read More
The lull in April’s volatility proved to be the calm before the storm, particularly in agency mortgage-backed securities, analysts suggested.
Thus, investors should take advantage of the agency MBS weakness, but remain...Read More
All the buzz on Capitol Hill is trying to find various outlets to bring private capital back into the mortgage market that benefits both taxpayers and consumers.
One way to entice investors back into the market would be for...Read More