Judge throws out Fannie and Freddie investors’ lawsuit

More signs of a sliding housing market

Affordability has issues, too

Fannie: Millennial housing demand declines further

Fall comes even as housing affordability for young improves
W S
Lending / The Ticker

JPMorgan settlement hurts mortgages: BlackRock

boxing_punching bag
/ Print / Reprints /
| Share More
/ Text Size+

JPMorgan Chase & Co.'s (JPM) record $13 billion settlement with the U.S. government over past mortgage practices is undermining the current market, according to BlackRock Inc. (BLK).

Per Bloomberg:

“Washington has a public policy goal of reducing the role that the government plays in the housing-finance market, and at the same time we now have a series of settlements where no investors were at the table and where money toward the settlements may come from investors’ pockets,” said Barbara Novick, vice chairman of BlackRock. “It discourages the allocation of private capital to mortgage credit.”

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus