Freddie Mac CEO: We will help increase mortgage lending

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition

MBA forecasts 7% origination jump in 2015

Predicts unemployment at 5.4% by end of next year

Fitch: Two-year run of home price growth is over

“Several markets are still overvalued”
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Lending / The Ticker

Mortgage lending demand picks up as housing improves

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In the boom time of housing, there were an abundance of lenders spreading funds to all sorts of borrowers.

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But with major mortgage lenders including BofA, Citigroup (C) and Morgan Stanley (MS) today burdened by MBS liability and tough mortgage memories, there may be a shortage of willing lenders, especially at the margin of borrower qualification.

Source: Seeking Alpha
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