Freddie Mac: Here are the top 5 improving metro markets for housing

The Census Bureau is cooking the new home sales numbers

You can’t make bricks with imaginary straw

The 12 hottest housing markets right now

And the biggest losers in the price growth race
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Articles by Jacob Gaffney

Credit Suisse settles Assured Guaranty mortgage lawsuit

Terms remain undisclosed
Jacob Gaffney
Assured Guaranty said in a statement posted on its website that it had reached an agreement to resolve the dispute without disclosing the terms.
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Royal Bank of Scotland pulls petty mortgage stunt

Here's why we shouldn't be surprised
Jacob Gaffney
In fact, the disdain banks and their branch workers have toward their customers is even the subject of one bank's marketing campaign — that's testament to just how widely accepted it is that customer service is terrible. Well, RBS reportedly did something to top it all.
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RealScout raises $6 million for superior real estate searches

Hopes to take market share from Zillow, Trulia
Jacob Gaffney
Most big real estate web portals are consumer-friendly, but are they service-oriented? One startup out of San Francisco says not enough so, and they think they have the solution for those who are more into the latter business model when it comes to buying a home.
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4 reasons mortgage insurers support low down payment home loans

It just makes more sense
Jacob Gaffney
Firefighters and teachers could take decades to save up a 20% down payment, presumably renting in the interim. C'mon, what is this, Europe? These people need HOMES.
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Freddie Mac CEO: We’re studying alternatives to FICO

This, and 3 other exciting developments
Jacob Gaffney
One quote from Donald Layton's third quarter earnings call arouses curiosity. Layton said Freddie Mac was “upgrading critical infrastructure.” Here's what that means and why these changes are so critical.
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WATCH: Trulia stages haunted house for unsuspecting homebuyers

'Tis the season. For screaming.
Jacob Gaffney
Trulia proves that when it comes to real estate, it's what's inside that counts. Here's the video of Trulia scaring a bunch of poor, innocent people who just want a better place to live.
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Fannie Mae will buy 97% LTV mortgages

Credit improvements lead to mortgage product
Jacob Gaffney
Fannie Mae CEO Timothy Mayopoulos said the government-sponsored enterprise will soon begin offering a 97% loan-to-value mortgage. Speaking at the Mortgage Bankers Association annual convention & expo, Mayopoulous said the government-sponsored enterprise is working “closely” with the FHFA to offer this product to all Fannie associates.
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Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
Jacob Gaffney
The CEO from the government-sponsored enterprise, Freddie Mac, said that his firm is increasingly becoming more competitive in the mortgage market and will look to see how its "credit box could be more fully utilized.”
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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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Fannie Mae: 4 ways new regulation deeply impacts mortgage lending

Here's why new mortgages are so hard to come by
Jacob Gaffney
The Consumer Financial Protection Bureau is not alone in passing new rules, as we all know. The Federal Reserve and the Federal Deposit Insurance Corp. also have new rules, for example. And now it's just a fact; these rules stymie mortgage lending in four distinct ways.
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