Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

LandCastle Title’s operations will not be affected

8 avoidable mistakes first-time homebuyers keep making

Stop doing these things

Trending Thursday: CFPB data collection worse than the NSA?

Slowly but surely GSE shareholders cutting into Treasury, FHFA secrecy
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Items Tagged with 'Freddie Mac'

ARTICLES

Freddie Mac: Mortgage rates increase to 2015 highs

Rise moving into holiday
Brena Swanson
Mortgage rates increased to new 2015 highs moving into the holiday weekend, with the 30-year, fixed-rate mortgage averaging 4.08% for the week ended July 2. Here's why.
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Fannie, Freddie CEOs awarded $3 million raises

Granted compensation of $4 million each
Brena Swanson
Both Fannie Mae and Freddie Mac CEOs were granted multimillion-dollar paydays by the Federal Housing Finance Agency. A move that comes with great objection from lawmakers and the White House.
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Fannie, Freddie CEOs get a well-deserved huge boost in pay

It's about time
Jacob Gaffney
Early last month, the wheels were set in motion to increase CEO compensation of the government-sponsored enterprises to a level similar to CEOs doing the same jobs at other companies. The FHFA director wants this but the White House doesn't. The FHFA is right. Here's why.
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From HW Magazine

Smoking gun?

What a Treasury memo reveals about its intentions for GSEs and investors
Trey Garrison
The Treasury document also contradicts statements made a number of times by Treasury officials about the capital ratios that Fannie Mae and Freddie Mac would have to maintain. The document claims the percent is 3% to 4%, while statements since then have claimed 10%.
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From HW Magazine

Veros: Connecting to the FHA

Providing a seamless connection to government appraisal portals
Sarah Wheeler
At the turn of the market, while other valuation technology companies were struggling to keep the doors open, Veros had diversified its focus to include the development of valuation management software services, as well as two landmark industry innovations.
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Treasury sweep of Fannie, Freddie shareholder profits "costly for housing"

National Law Review: FHFA in “breach of its duties under HERA”
Trey Garrison
Yale Law School lecturer Logan Beirne examined a lawsuit recently filed by three Fannie Mae and Freddie Mac investors accusing the federal government of exceeding its authority as a conservator, and in a National Law Review article, he supports their contention.
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Mortgage rates tick up slightly

Strengthening housing news doesn’t exert pressure
Trey Garrison
Average fixed mortgage rates are little changed from the previous week amid reports of the U.S. housing market strengthening, according to Freddie Mac.
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Freddie Mac’s second actual loss STACR deal prices wide

Previous deal upsized due to market demand
Ben Lane
After market demand caused Freddie Mac to increase the size of its first Structured Agency Credit Risk series offering featuring actual loss positions, Freddie Mac announced the pricing of its second actual loss STACR deal, with STACR Series 2015-DNA2 pricing wide compared to STACR Series 2015-DNA1.
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Freddie agrees with Fannie: The economy is improving

Freddie Mac outlook indicates mortgage debt will increase in 2015
Ben Lane
A new report from Freddie Mac suggests that improving household balance sheets will make it more enticing for Americans to take on mortgage debt in 2015, echoing the sentiment of a report from Fannie Mae.
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U.S. Conference of Mayors: Don’t sell non-performing loans to Wall Street

Mayors tell HUD, Fannie and Freddie to sell to non-profits instead
Ben Lane
The U.S. Conference of Mayors is joining a growing chorus calling on the U.S. Department of Housing and Urban Development, Fannie Mae and Freddie Mac to stop selling pools of non-performing loans to “Wall Street speculators,” and requesting that the pools be sold instead to non-profits interested in keeping homeowners in their homes.
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