Will the new boss of Ginnie Mae, Ted Tozer, usher in an outstanding MBS balance that hits the thirteen-digit mark in 2010? Ginnie Mae holds the unique market position of supplying the only government-backed mortgage securities in the secondary market. And now it has a new boss. TED TOZER sits down with HousingWire to talk strategy in this EXCLUSIVE INTERVIEW. TO READ THE FULL STORY, SUBSCRIBE NOW.
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Domestic home prices increased 2.3% from May to June, and 17.2% year-over-year, per CoreLogic. Twin Falls, Idaho had the highest annual increase at 40.2%.
Title firm Fidelity National reported $3.9 billion in total revenue for the second quarter, up from $2.4 billion year over year and $2 billion in the first quarter.