Jeb Bush: Current housing and debt situation unsustainable

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance
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Items Tagged with 'Fannie Mae'

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Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?
Trey Garrison
Presidential candidates are stepping into the national limelight as the race for the White House in 2016 edges closer, and now, finally, the topic of housing is creeping into the conversation.
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Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance
Trey Garrison
The Senate Committee on Banking, Housing and Urban Affairs passed “The Financial Regulatory Improvement Act of 2015” on Thursday, which will, if it makes it through the bill-making grinder and gets passed into law, bring big changes to the red tape the mortgage finance industry is tied up in.
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Fannie Mae predicts strong spring homebuying season

Economy looking weaker, but housing is improving
Ben Lane
The economy may not grow at the previously expected rate, but that shouldn’t stop housing from improving in 2015, according to Fannie Mae’s May 2015 Economic Outlook. “Housing is one sector that appears to be building momentum, with leading indicators suggesting the market will experience a strong spring season,” Fannie said.
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Fannie and Freddie set new financial rules for mortgage servicers and sellers

Specifically targets nonbanks
Ben Lane
The GSEs announced Wednesday that they are issuing new operational and financial requirements for all current and potential sellers and servicers that do business with the government sponsored enterprises, making official the proposed rules issued in January.
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FHFA Inspector General details future profitability of Fannie and Freddie

Study on the future of the GSEs
Trey Garrison
In the last six months the FHFA-OIG has focused on policies driving the nation’s housing finance system, plus the present and future of the GSEs. Here’s a look at the report.
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Fannie Mae’s latest risk-sharing transaction prices tight

Carries $45B in unpaid principal balance
Brena Swanson
Fannie Mae announced that it priced its latest credit risk-sharing transaction under its Connecticut Avenue Securities series. This one carried an unpaid principal balance of approximately $45 billion and is different than the previous six. Here's how.
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FHFA, Fannie, Freddie say single securitization still years away

Secondary market gets much-awaited update
Ben Lane
Despite being asked pointedly during the “Update on the GSE Single Security and Common Securitization Platform” panel at the Mortgage Bankers Association’s National Secondary Market Conference, representatives from the Federal Housing Finance Agency, Fannie Mae, Freddie Mac, and Common Securitization Solutions all said that the development of single security is still years way from implementation, without specifying just how many years that might be.
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Fitch: Fannie Mae risk-transfer deal more advantageous for mezzanine investors

Still similar to prior risk transfer transactions
Brena Swanson
Fannie Mae’s seventh risk transfer transaction, Connecticut Avenue Securities, Series 2015-C02, is similar to its prior risk transfer transactions and is about to be rated by Fitch Ratings. There is one feature, however, that offers investors a different kind of competitive benefit.
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Fannie, Freddie, MBA economists predict interest rate hike in 2015

Fannie Mae economist: Demand weakness is a bigger issue than tight credit
Ben Lane
During a high-level discussion about the outlook of the housing economy at the Mortgage Bankers Association’s National Secondary Market Conference, economists from Fannie Mae, Freddie Mac and the MBA all predicted that the Federal Reserve will begin raising the Federal Funds Rate at some point this year, most likely in September, which will drive an increase in interest rates.
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The Mortgage Collaborative announces partnership with Fannie Mae

New program designed to help small, mid-sized mortgage originators
Ben Lane
The Mortgage Collaborative, an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, announced a partnership with Fannie Mae that will bring enhanced benefits to the group’s members.
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