This is what justifies Texas economic pride

This is what justifies Texas economic pride

Happy Independence Day, Texas

Morgan Stanley expects mortgage bond lawsuit from New York AG

Subprime securitizations at the center of lawsuit

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news
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Items Tagged with 'Fannie Mae'

ARTICLES

BBVA Compass launches zero-percent down mortgage program

HOME Program designed to boost homeownership
Ben Lane
For some prospective borrowers, saving up 3% for a down payment on a home is still a hurdle they can’t quite clear. However, a new program from BBVA Compass will allow borrowers to put down even less for a down payment.
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From HW Magazine

Fannie Mae's Collateral Underwriter gets a mixed reaction

Appraisers and AMCs weigh in
Fannie Mae released its Collateral Underwriter program to lenders in January, and the industry reaction has been varied and intense.
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From HW Magazine

Hot Seat: Darius Borzogi

President and CEO of Veros discusses the latest in automation
Sarah Wheeler
The recently announced FHA premium reductions would lead one to reasonably anticipate an increase in volume. EAD will give FHA 100% diligence on all submitted appraisals, which allows FHA to engage in these types of policies, knowing it has the systems and tools in place to identify and manage risk.
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Fannie Mae: Strong job growth could boost economy

Hiring and wage growth will boost housing market
Trey Garrison
Despite the slate of bad news that’s started off 2015, Fannie Mae’s analysts predict that the economy is poised for a pickup in growth in 2015. Here's why.
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FHFA: House prices edge up 1.4% in December

Smaller inventories provide upward pressure
Trey Garrison
Smaller inventories helped push house prices slightly higher in December. Here's the rundown on what happened.
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Dick Bove: Mortgage lending won’t exist without Fannie, Freddie

Who would buy 30-year, fixed-rate mortgages?
Brena Swanson
The government has been talking about the future of Fannie Mae and Freddie Mac for some time now, but without these organizations, what buyers will be there to fill in the gap?
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Where are the non-bank servicers?

Non-bank servicers should follow Ocwen's example
Craig Nickerson
While the economic recovery is well underway in many parts of America, not all local markets are participating. Many communities that were hard hit by the housing and economic crisis, particularly in the Midwest and Southeast, are being left behind.
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Mortgage Risk Index hits series high in January

Risk rises for fifth straight month
Trey Garrison
Mortgages are getting riskier. QM is not helping. Here’s what’s happening.
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Redwood Trust plans to increase loan acquisitions by 67% in 2015

Net income drops $18 million in 4th quarter
Ben Lane
Despite a "challenging" 2014, Redwood Trust plans to greatly increase its loan acquisition activity in 2015. In a letter to shareholders, Redwood CEO Marty Hughes and President Brett Nichols, said that the REIT plans to acquire $15 billion in loans in 2015, an increase of 67% over 2014.
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Fannie Mae and Freddie Mac are better than ever

Despite negative earning reports
Brena Swanson
Although it may look like Fannie Mae and Freddie Mac are in financial trouble again, both government-sponsored enterprises have emerged from the financial crisis churning out more profits before taxes than they ever have before.
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