BREAKING: Fannie Mae will buy 97% LTV mortgages

BREAKING: Fannie Mae will buy 97% LTV mortgages

Credit improvements leads to mortgage product

MBA leaders challenge federal regulators to take action

MBA: It's time for the penalty phase to end

5 things you absolutely need for the MBA convention in Las Vegas

Every one of these is totally necessary
W S

Investments

Find out which four housing markets CoreLogic says are overvalued

Texas takes half the list
Trey Garrison
Market Condition Indicators designed by CoreLogic identified only four of the top 50 markets in the U.S. as currently overvalued, based on data through August 2014.
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Fannie Mae to make proprietary appraisal tool available to lenders

Lenders can use Collateral Underwriter in 2015
Ben Lane
Beginning in early 2015, Fannie will make Collateral Underwriter available to lenders as part of its industry tools package, which also includes Desktop Underwriter and Early Check.
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Nope, tiny houses are not the next big thing

Sorry, man – size matters
Trey Garrison
"There's a new, huge craze sweeping the United States... and it's tiny houses." No. No there's not. Just stop it.
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5 things you absolutely need for the MBA convention in Las Vegas

Every one of these is totally necessary
Jacob Gaffney
Here are the 5 things you absolutely need for the MBA, and heck, for other conventions as well, in order of least necessary, to “you will probably die if you do not do this” order of importance.
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Morgan Stanley profits surge 83%

Beats analyst estimates
Brena Swanson
Morgan Stanley’s third-quarter profits surged 83% driven by broad-based strength across trading, investment banking and wealth management.
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Housing starts up 6.3% but gains all concentrated in multifamily

More signs of slowing market in permits, starts after August plunge
Trey Garrison
It's a mild September rebound, and a slowing housing market, with almost all gains in multifamily housing, and single-family starts and permits virtually flat after August's huge plunge. Is this a sign of growing volatility?
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Blackstone third-quarter profit misses

But still sees opportunity
Brena Swanson
"With one of the largest pools of available dry powder capital and the broadest alternative investment platform, we are well-positioned to capitalize on the dislocation in asset values created by greater market volatility," Blackstone co-Founder and CEO Stephen Schwarzman said.
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Home value loss and recovery starkly different by race

EPI: Hispanic gains outpace blacks, whites
Trey Garrison
A recent report by the Federal Reserve shows that from 2010 to 2013, the inflation-adjusted median home value for all homeowners declined 7%.
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Goldman Sachs records strong 3Q earnings

Net income rises 48%
Brena Swanson
Goldman Sachs Group was next on the earnings calendar, with its third-quarter net income surging 48% and posting the first revenue gain in over a year.
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Judge denies former Fannie CFO access in GSE lawsuit

Access to two-year-old records would “damage” economy
Trey Garrison
The federal judge overseeing the Fairholme Fund’s lawsuit against Treasury has denied former Fannie Mae CFO J. Tim Howard admission as an expert to view the material from discovery.
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