Cyprexx: Discrimination charges “frivolous”

Cyprexx: Discrimination charges “frivolous”

Fannie Mae contractor responds to charges from National Fair Housing Alliance

Hey CNBC, shut up about millennials already

Your advice is patronizing, contradictory and just plain wrong

Morgan Stanley finally pays $275 million for subprime RMBS fraud

SEC charged company with misrepresenting loans

Items Tagged with 'Freddie Mac'


Freddie Mac: Mortgage rates push buyers to market

Despite slight rises, rates still low
July 24, 2014
"Mortgage rates have entered the summer doldrums, showing very little movement one way or another. The benchmark 30-year fixed mortgage rates has fluctuated within a very narrow range – one-tenth of a percentage point – since mid-May," Bankrate said.
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Freddie Mac: Housing growth remains stagnant

...But it's not all bad news
July 23, 2014
"We remain cautiously optimistic the housing recovery will continue, albeit slowly, until we see more tightening in the labor markets to give personal incomes a much-needed jolt,” Freddie Mac Chief Economist Frank Nothaft said.
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Existing home sales in June down 2.3% YOY

Slight uptick from May brings pace to highest since October 2013
July 22, 2014
Existing home sales declined 2.3% in June 2014 from June 2013, reaching an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market, according to the National Association of Realtors.
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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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KBW, FBR relatively bullish on mortgage originations

Expectations down from start of 2014 but optimistic on 2Q bounce
July 21, 2014
Despite a rough start to 2014, two major research and analysis firms are bullish on mortgage banking despite diminished expectations for overall volumes in 2014.
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Freddie Mac: Paying the mortgage isn’t enough

Reminds homeowners of their financial responsibilities
July 18, 2014
Freddie Mac does great blogs. They’re simple, educational and sometimes so obviously necessary you wonder why there isn’t more of this kind of thing out there.
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GIF: 4 charts, 1 changed housing market

Purchase vs. refinance
July 17, 2014
Although rates have managed to stay surprisingly low, this is the first time since 2000 that the purchase market is dominating the mortgage market.
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Freddie Mac: Mortgage rates dip closer to historic lows

For now…
July 17, 2014
Mortgage rates stayed relatively quiet amid light economic reports; however, don’t expect it to stay like this forever.
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FHFA watchdog raises concerns about nonbanks

Explosive growth of nonbank lenders comes with risks to GSEs
July 17, 2014
The increase of nonbank and smaller lenders has its positives and negatives, according to the FHFA-OIG. Nonbanks reduce the concentration of the financial exposure to the GSEs' largest counterparties, but there are credit, operational and reputational risks.
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Freddie Mac: 3 ways to improve your credit score right now

Next year's homebuyers need to start today
July 11, 2014
So signs point to a gradual loosening of credit standards for potential mortgage borrowers, but most people still think they won’t qualify, which is a large part of the reason people aren't trying to get a mortgage in the first place.
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