FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Investments / The Ticker

Hedge fund offloads entire GSE portfolio

Passport Capital aimed to cut risk

Dollar in the sand
/ Print / Reprints /
| Share More
/ Text Size+

Passport Capital told investors it wanted to cut some risk from the hedge fund.

Therefore, the hedge fund sold off all of its Fannie Mae, Freddie Mac and Ginnie Mae holdings in the second quarter.

According to a letter to investors, obtained by Bloomberg, the decision turned a profit for the firm.

Source: Bloomberg
Read full story
Comments powered by Disqus