Fannie Mae offers new suite of HomePath financing

Fannie Mae offers new suite of HomePath financing

Goodbye HomePath Mortgage and HomePath Renovation

CNBC video: Home shortage could be due to real estate agents

Pocket listings drag down inventory?

Happy 4th birthday Dodd-Frank! Everyone hates you

How effective has Dodd-Frank really been?
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Investments

Silver Bay Realty prepping $312M rental securitization

Here comes another one
July 22, 2014
Morningstar was the first of the ratings agencies to issue a presale report on the Silver Bay offering and awarded $147.75 million in AAA ratings to the class A tranche.
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Flagstar rebounds, posts income of $25.5M in 2Q14

Income up significantly from net loss of $78.9M in first quarter
July 22, 2014
The company cited improved net interest income and gain on loan sales, increased mortgage rate lock commitments and loan origination volume and a continued focus on expense management as drivers of the income growth.
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Credit Suisse scores again in second BlackRock RMBS sale

Pool was acquired from UBS in 2008
July 22, 2014
Credit Suisse on Tuesday won two separate bids for a combined $4.4 billion pool of legacy residential mortgage-backed securities sold by BlackRock.
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Fannie Mae offers new suite of HomePath financing

Goodbye HomePath Mortgage and HomePath Renovation
July 22, 2014
In the updated selling guide, Fannie Mae announced three financing “flexibilities” for investing in Fannie Mae-owned properties. And here they are.
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Most prospective buyers don’t know real cost of ownership

First-time homebuyers are overwhelmed by mortgage information
July 22, 2014
Almost half are unsure how to calculate their down payment and their monthly payment and most feel overwhelmed by the volume of information to absorb — especially those 30 and under.
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JPMorgan's $13B RMBS settlement progress...so far

Bank gives $6M in credited consumer relief
July 22, 2014
After reaching a $13 billion agreement to settle claims regarding the sale and issuance of faulty residential mortgage-backed securities, JPMorgan Chase is now being held accountable to make sure it is staying compliant on all of the requirements.
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Home price growth continued to cool in May

CoreLogic: Even higher-end homes showing weakness
July 22, 2014
Home prices rose just 0.4% in May from the previous month, the Federal Housing Finance Agency reported Tuesday, continuing the rapid cool down in price appreciation in the housing market.
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People who live in unhappy cities get better housing

Build a better castle to keep the unhappy out?
July 21, 2014
People stuck in unhappy cities get compensated in the form of better housing, or so says a new study. Considering that a large portion of New York housing is smaller than a typical Texas family room, it’s not clear what the compensation is for The Big, Unhappy Apple.
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Judge shoots down FHFA bid to limit discovery, keep docs secret

Judge Sweeney: FHFA cannot evade judicial review
July 21, 2014
A federal court handed Fairholme Funds a huge victory late last week, granting broad access in discovery to FHFA records going back years and reminding the FHFA that it is not above the law.
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Is this why 3.6 million ready homeowners aren’t selling in 2014?

One in three current mortgage holders have a rate below 4%
July 21, 2014
The problem for one in three homeowners is that selling and then buying means surrendering a dynamite mortgage interest rate, which means even if the home they want to buy is about the same price, they end up paying much more per month.
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