Judge throws out Fannie and Freddie investors’ lawsuit

More signs of a sliding housing market

Affordability has issues, too

Fannie: Millennial housing demand declines further

Fall comes even as housing affordability for young improves
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Items Tagged with 'Fannie Mae'

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Judge throws out Fannie and Freddie investors’ lawsuit

Decision favors Federal government
Jacob Gaffney
According to the Washington Post: The decision arrives more than a year after hedge fund Perry Capital sued the Treasury Department and the Federal Housing Finance Agency, which oversees the government-owned mortgage companies.
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Fannie: Millennial housing demand declines further

Fall comes even as housing affordability for young improves
Trey Garrison
As has been extensively documented, Millennials face an uphill battle in homebuying owing to everything from higher unemployment rates and student debt to affordability challenges.
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Fannie Mae COO to step down

Plans to leave first half of 2015
Brena Swanson
Fannie Mae chief operating officer Terence Edwards plans to leave the company in the first half of next year, with some of his responsibilities already being transferred over.
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Fannie: Housing still trying to get traction amid consumer caution

GSE says near-term outlook steady on promising economic news
Trey Garrison
Fannie Mae predicts the second half of 2014 will pick up steam, according to the September Outlook report compiled by its Economic & Strategic Research Group.
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Home prices come in below analyst expectations at a mere 0.1% growth

July’s disappointing numbers come on the heels of a downward June revision
Trey Garrison
House prices in July came in at just 0.1% up from the June printing, well below analyst expectation of 0.5% and continuing the slowdown in the second half of 2014. Here's how and why.
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Single GSE bond is coming, but when?

FHFA, GSEs provide update at ABS East
Ben Lane
“The CSP is a very important goal of the enterprises,” FHFA Senior Associate Director Robert Fishman said. “We have made real progress on the software build, but development will continue for quite a while. This is not a done deal.”
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3 burning appraisal questions for the CEO of Veros

This is what Darius Bozorgi means
Jacob Gaffney
During a recent panel at the Bipartisan Housing Summit, Darius Bozorgi, the CEO of Veros, indicated that he felt the technological approach of Fannie Mae, Freddie Mac and the Federal Housing Administration should be extended to the rest of the housing industry. Here's what he meant.
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FHFA reps and warrants policies have “significant and unresolved” risks

Watchdog: FHFA’s implementation was rushed and flawed
Ben Lane
In a new report from the FHFA’s Office of the Inspector General, the OIG said that the FHFA mandated a new representation and warranty framework for the GSEs and implemented it “despite significant unresolved operational risks to the Enterprises.” Among those is processes that may not be in place at Fannie Mae until late 2015, for example.
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Treasury doesn’t want former Fannie CFO in GSE investor lawsuit

Claims despite his expertise Howard would be biased
Trey Garrison
A week ago HousingWire first reported that former Fannie Mae CFO J. Tim Howard was hired by Fairholme Funds in their lawsuit against the U.S. Treasury, and now the government is arguing against allowing Howard access to 800,000 pages of discovery documents.
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Should mortgage technology and data be universally shared?

Yes, and no
Jacob Gaffney
The sharing of what works seems to be an agreed-upon process. But when it comes to mortgage technology and/or data, there is no clear consensus that advances should be universally shared.
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