The Federal Housing Administration is on the brink of the next big government bailout. Potentially. Yet Commissioner Carol Galante insists there is strength ahead.
Fannie Mae and Freddie Mac are working with the Federal Housing Finance Agency to align their disaster relief response in the midst of a massive tornado outbreak in Oklahoma and surrounding states.
The relief mechanisms deployed for homeowners with GSE loans stem from existing guidelines...Read More
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...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