Items Tagged with 'mortgage loans'


  • Is Fannie, Freddie's role in the housing market beginning to shrink?

    A growing number of non-conforming loans are flowing to the private market as investors get in on the game
    Private investors are buying non-conforming mortgage loans – which are usually the domain of Fannie Mae and Freddie Mac – at a growing rate. According to The Wall Street Journal, the number of loans that meet Fannie and Freddie standards for purchase are instead flowing to the private market. Banks and financial institutions are pooling them into bonds and selling them to investors without government backing, the WSJ said, calling it a consequential sign of changing dynamics.
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  • Small Banks Worried by Increased Regulation

    The growing list of of new requirements generated by the Dodd-Frank Wall Street Reform and Consumer Protection Act on banks has some smaller institutions wondering if it is worth the effort to continue offering mortgage loans. In an article in USA Today, Alesia Harlan, a compliance officer with a small Iowa bank discussed a file for a mortgage loan that contained nearly 300 pages of documents.  She pointed out that the number of disclosures, notices and statements have merely added to the confusion for consumers. The report suggests the the Dodd-Frank act will result in as much as 5,000
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