The devil is in the mortgage finance reform details

The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros
W S

Items Tagged with 'Freddie Mac'

ARTICLES

The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform
Barry Zigas
It now seems all but certain that 2014 will end without any further progress on comprehensive mortgage finance legislation. But the coming months will offer little comfort for those who rooted for such a stalemate in hope of avoiding hard decisions about fundamental parts of the current system.
Read More

Freddie Mac: Top 5 most improved housing markets

Despite weak market, still improving
Brena Swanson
While the housing recovery remains at a snail’s pace, it is still improving, with the markets that exhibit stronger local economies and favorable demographics on an even faster pace of improvement. And these 5 metros top the charts for most improved.
Read More

FICO changes could mean more credit access, MGIC says

More programs available for borrowers on the margin
Trey Garrison
FICO scores will ignore debts that have been paid off or settled, and a lesser weight will be assigned to medical bill collections, which account for about half of all unpaid collections on consumers’ credit reports, according to a note from MGIC.
Read More

Freddie Mac: Mortgage rates stay low heading into holiday

Rates barely move amid mixed housing news
Brena Swanson
Mortgage rates barely moved due to mixed news on the housing market heading into the holiday weekend, with the 30-year, fixed-rate mortgage averaging 4.10% for the week ended Aug. 28.
Read More

Here are the most active states for mortgage fraud schemes

Loan mod scams, short sale bait-and-switches, and REO “sales”
Trey Garrison
One of the most active mortgage fraud schemes going in these states - and across the country - lures borrowers into paying big fees to a "specialist" for a quick loan modification. But the scams don't stop there.
Read More

Are home prices the latest evidence housing is stalling, or bubbling?

It gets better? No, it gets worse – just like job growth and wage stagnation
Trey Garrison
The housing industry is not happy about recent housing data, including Tuesday’s home price releases, and it looks like it’s going to get worse before it gets better.
Read More

FHFA watchdog: GSEs still at risk of TBW-style scams

Counterparty risk still real threat
Ben Lane
In a new report, the FHFA’s watchdog warns that the government-sponsored enterprises and their government counterpart, Ginnie Mae, must make improvements in several areas to avoid a recurrence of the multi-billon dollar losses that were suffered at the hands of Taylor, Bean & Whitaker chairman Lee Farkas, who is now behind bars, and his co-conspirators.
Read More

Goldman Sachs agrees to pay $3.15B in FHFA suit

Settlement will resolve RMBS claims
Sarah Wheeler

The FHFA has now settled with 15 of the 18 banks that it brought suit against following the financial crisis. The regulator's lawsuit against Goldman Sachs was scheduled to go to trial in September.


Read More

Freddie Mac: 3 reasons lending will hit lows not seen since 2000

What’s the deal? Rates are at historic lows, but so are originations
Trey Garrison
Mortgage interest rates remain near historic lows and this past week they hit the lowest level of 2014. At this pace, originations will hit a 14-year low of $1.14 trillion for the year.
Read More

It's settled: Principal reduction is smart policy

How the BofA settlement opened the door
Christie Peale

For the first time, loans insured by the Federal Housing Administration will be eligible for principal reduction under the consumer relief menu in a major settlement. 


Read More