by confoundedinterest17 The FHFA Purchase-only home price index rose at an 11% YoY pace in November 2020, even a faster pace than the dreaded house price bubble of 2005. Oddly, the
by confoundedinterest17 President-elect Joe Biden’s team has held preliminary talks on how it could oust Fannie Mae and Freddie Mac’s regulator (Mark Calabria), a move that would let the new administration
by confoundedinterest17 The question about Fannie Mae’s and Freddie Mac’s futures is solved: nothing. They are remaining in conservatorship under Mark Calabria and FHFA. (Bloomberg) -By Joe Light- Fannie Mae and Freddie
by confoundedinterest17 (Bloomberg) — Common shares of Fannie Mae and Freddie Mac pared double-digit percentage losses in Tuesday trading as Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell discussed the government’s control over the
by confoundedinterest17 This may be one of the most ridiculous letters I have ever seen. Pimco warns FHFA’s Fannie-Freddie plan threatens housing finance. Bond investors want Congress to pass legislation providing explicit
by confoundedinterest17 The proposed capital rules for Fannie Mae and Freddie Mac will like drive up guarantee fees (or g-fees). Fannie Mae said fees would likely rise 0.2 percentage points on
www.fhfa.gov/Media/PublicAffairs/Pages/Adverse-Market-Refinance-Fee-Implementation-Now-December-1.aspx The Federal Housing Finance Agency (FHFA) today directed Fannie Mae and Freddie Mac (the Enterprises) to delay the implementation date of their Adverse Market Refinance Fee until December 1,
by outwiththenoise www.marketwatch.com/story/refinancing-your-mortgage-will-cost-more-thanks-to-a-new-fee-from-fannie-mae-and-freddie-mac-2020-08-13 Quick snippet from the first paragraph in the article: Fannie Mae and Freddie Mac announced Wednesday evening that they will now be charging a 0.5% adverse
The Federal Reserve has literally become the new version of the worst of Fannie Mae / Freddie Mac…. except for stock markets🤦♂️ 👇@ericrosengren @judyshel @neelkashkari @RaphaelBostic @marydalyecon @RobSKaplan @steveliesman @NickTimiraos
by confoundedinterest Mortgage giant Fannie Mae recently released their Q3 2018 loan acquisition data base. And it revealed that Fannie Mae is seeing a spike in risk-taking. First, the average
WASHINGTON — The Trump administration has taken a long-awaited stance on how it envisions a future housing finance system, and it resembles legislative proposals enabling Ginnie Mae to back multiple
The gatekeepers of the American mortgage market are increasingly backing loans to borrowers who have heavy debt loads, highlighting questions about mortgage risk as policy makers debate ways to change the system.
via housingwire: While it appears that the Federal Housing Administration may not be backing mortgages for Deferred Action for Childhood Arrivals recipients, Fannie Mae declared recently that it supports (and will continue to support) mortgages for DACA
by confoundedinterest The Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie were placed into conservatorship with their regulator back in 2008 after housing prices declined and mortgage defaults spiked. But since
Fannie and Freddie 10 years later from CNBC. When the housing market began its epic and historic free-fall in 2008, mortgage giants Fannie Mae and Freddie Mac faced imminent collapse.
From Joe Light at Bloomberg: Fannie Mae will request an infusion of taxpayer money for the first time since 2012 because of an unintended but anticipated side effect of the corporate tax