Articles Tagged with ''Fannie Mae''

Fannie Mae: Most Americans can't afford to live in thriving neighborhoods

Lack of affordable housing forces 6 in 10 Americans to sacrifice economic opportunities
Housing affordability has been a tremendous concern for Americans across the country, especially as affordability conditions now sit at a 10-year low. In order to identify innovative solutions to the nation’s affordability crisis, Fannie Mae has launched the third and final phase of its Sustainable Communities Initiative.
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Bloomberg: Morgan Stanley and JPMorgan improve views of mortgage bonds as spreads widen

Morgan Stanley tells investors to “go long” on Agency MBS
Morgan Stanley is telling investors to “go long” on mortgage bonds and JPMorgan has raised its view of agency MBS, according to an article by Bloomberg News. The investment banks cited a wider spread between the 30-year Fannie Mae current coupon and various measures of Treasury bonds to back up their recommendations, Bloomberg reporter Christopher Maloney wrote.
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Urban Institute: It hasn’t been this easy to get a government-backed mortgage for 10 years

Mortgage credit availability for government loans rises to highest level since 2009
The government has made mortgage credit more readily available in the last few months than it has been at any point over the last 10 years, a new report from the Urban Institute shows. According to the report, the level of mortgage credit available for loans backed by the FHA, VA, and USDA was higher during the fourth quarter of 2018 than it was during any quarter since 2009.
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Marketer Intel: Keosha Burns with Chase Home Lending on reaching new buyer groups

Mortgage marketers should be consumers of their own content if they expect it to resonate
In this installment of Marketer Intel, we talk with Keosha Burns, head of public relations at Chase Home Lending, on the challenges of reaching new buyer groups, specifically Millennials. Keosha built her career in Washington, D.C., joining the industry at the Financial Services Roundtable, then working for nearly five years as the senior manager of media and external relations at Fannie Mae. In her current role at Chase, she leads PR strategy and has an extra passion for first-time homebuyers.
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Mark Calabria takes over as FHFA director, begins push for housing finance reform

Calabria: We must not let this opportunity for reform pass
After being confirmed by the Senate earlier this month, Mark Calabria officially took over Monday as the director of the FHFA, the federal agency charged with overseeing Fannie Mae, Freddie Mac, and much of the U.S. housing finance system. And in remarks delivered at his swearing in ceremony at the FHFA, Calabria emphasized the pressing need for housing finance reform.
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This homeownership investment startup wants to help teachers buy homes

Landed helps teachers afford down payments so they can live near their work
The homeownership investment category has been picking up steam lately thanks to solid home price appreciation nationwide. Now, one startup is taking the concept further – creating an investment program designed specifically to help educators afford homes in the communities in which they work. It's called Landed, and it has some major backers.
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Hispanics now lead the charge in U.S. household growth

In 2018, the Hispanic homeownership rate climbed to 47.1%
According to a recent report from the National Association of Hispanic Real Estate Professionals, America's Hispanic population now accounts for more than 60% of the growth of the nation’s homeownership rate within the last 10 years.
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Merchants Capital expands mortgage team, creates two new VP roles

Lundeen and Gilbert both have more than a decade of experience in the finance industry
Merchants Capital recently announced it expanded its mortgage banking division, appointing Lisa Lundeen and Toni Gilbert to newly created roles. Working out of the company's Saint Paul, Minnesota, office, Lundeen has been appointed to the position of vice president of government-sponsored enterprise portfolio management and Gilbert joins as the vice president of insurance compliance.
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