Thu, May 5 2016, 9:45 AM
May is Older Americans Month. Underwriters probably know that about 21% of the labor force is comprised of men 65 and older and only 13.5% of women in...
Wed, May 4 2016, 9:11 AM
Freddie Mac said today that the company had a net loss in the first quarter of 2016, the first time in four years that it has failed to show a pro...
Fri, Apr 1 2016, 4:59 PM
Freddie Mac predicted in its monthly Outlook on Thursday that 2016 might be the best year for housing in a decade with most sectors, sales, constr...
Fri, Mar 11 2016, 9:48 AM
Regarding the darned time change Sunday, from Georgia Jim Bedsole writes, “Which is why I continue to advocate that, if we are going to be forced to ‘...
Wed, Feb 24 2016, 10:44 AM
Here's your IT lesson for the day. The NSA's Skynet program utilizes metadata to identify suspected terrorists. The system uses mass surveillance of...
Thu, Feb 18 2016, 10:43 AM
Freddie Mac is announcing changes to its Single-Family Seller/Servicer Guide which the company says will provide expanded homeownership opportuniti...
Wed, Feb 3 2016, 9:08 AM
I
spent some time at the Texas Mortgage Banker's event earlier this week
in Houston, and some of the discussion revolved around another refi
bo...
Wed, Feb 3 2016, 6:24 PM
Freddie Mac's economists are expressing concerns about what
they see as economic headwinds revealed by some recently released
indicators. In thei...
Wed, Jan 6 2016, 10:15 AM
The Wall Street Journal reports banks are beefing up cybersecurity defenses
by taking actions that include banning employees from using USB drives...
Tue, Jan 5 2016, 11:43 AM
Freddie Mac is dismissing concerns of some analysts that the
change in the Federal Reserve's monetary policy may bode ill for the housing
industry. ...
Fri, Nov 27 2015, 11:28 AM
There
are 50 states in the U.S., and 3007 counties in those states. (The
numbers of counties per state ranges from the 3 in Delaware to 254 in
T...
Tue, Nov 24 2015, 10:45 AM
Nonbank online lender CashCall
has paid $2 million in restitution and fines to settle California state
allegations that the company duped consum...
Mon, Nov 9 2015, 2:35 PM
Freddie Mac is counting on an approach to delinquent borrowers
it developed during the foreclosure crisis to forestall any new problems some
of thos...
Wed, Nov 4 2015, 9:06 AM
No
sooner does the commentary (once again) mention cyberattacks than the
FFIEC comes out with a bulletin yesterday on the escalating number of ...
Thu, Oct 22 2015, 10:46 AM
If
anyone out there wants to be buy a big office building, Fannie has one:
the company is preparing to move to its new HQ downtown and is selling...
Thu, Oct 22 2015, 2:31 PM
In the midst of what has been a rather interesting several
weeks for housing finance reform Donald H. Layton published a column in Freddie
Mac's Ex...
Thu, Oct 8 2015, 10:14 AM
Who
says that financial reporters don't have a sense of humor? I caught
this recent headline about a story on Alcoa Aluminum splitting into
mini...
Wed, Oct 7 2015, 9:43 AM
How
long has your staff been on their jobs? The Fed has kept short term
rates unchanged for 6 years and 9 months at this point. Does your senior
...
Wed, Sep 23 2015, 10:48 AM
How bad is the housing market in San Francisco, California? Well, here's a "beauty" that is on the market for $350,000 . Run that one by any investor...
Wed, Sep 23 2015, 2:26 PM
Twenty-nine states and the District of
Columbia have now moved within their own range of stable housing activity
according to Freddie Mac's Multi-...
Thu, Sep 17 2015, 10:40 AM
Freddie
Mae has unveiled another round of changes to its Single-Family
Seller/Servicer Guide. There are more
than a half dozen changes effecting m...
Thu, Sep 3 2015, 4:00 PM
Freddie Mac's long-time chief economist Frank Nothaft
departed some months ago to take the same role at CoreLogic and that vacancy at
the mortgage c...
Thu, Jul 23 2015, 9:36 AM
It is different this time.
At least that's the contention of the writers of this month's Economic
and Housing Outlook regarding new low downpayment...
Thu, Jul 16 2015, 10:16 AM
A number of selling updates to Freddie Mac's
Single-Family Seller/Servicer Guide are slated to go into effect over the next
several months. The lar...
Tue, Jul 14 2015, 10:28 AM
June marked the beginning of hurricane season , as the North Atlantic hurricane season began on June 1 st and ends November 30 th .
The last time ...
Wed, Jul 8 2015, 4:08 PM
Another milestone was reached on Wednesday as the government
sponsored enterprises (GSEs) and their conservator the Federal Housing Finance
Agency m...
Tue, Jul 7 2015, 12:23 PM
Are you in debt? You're not alone - and check out this United States debt clock - enough to make your stomach turn over.
Back in February the Col...
Wed, Jun 24 2015, 1:37 PM
Freddie Mac said on Wednesday that it
Multi-Indicator Market Index (MiMi) shows that the U.S. housing market is
continuing to stabilize and those ...
Mon, May 4 2015, 9:53 AM
By
now the remains of the pizza lunches for everyone working OT to deliver
a successful April have been cleared away, and lenders are optimistic
...
Thu, Apr 23 2015, 10:20 AM
Freddie Mac's Multi-Indicator Market Index (MiMi) for
February shows that the U.S. housing market continues to stabilize and has
recovered from a ...
Fri, Apr 10 2015, 10:36 AM
In its Economic and Housing Outlook
for April Freddie Mac's economists point out that the spring homebuying season has
become familiar territory. ...
Wed, Mar 25 2015, 10:02 AM
Don't
think the gap between the haves and have-nots is widening? USA Today
reports the world's richest 1% of people control over 50% of total
gl...
Wed, Mar 25 2015, 2:45 PM
Freddie Mac said today that housing
market stability "stumbled a bit" due to the cold winter weather and softening
economic growth. The company's...
Thu, Mar 19 2015, 2:18 PM
In
2013 Fannie Mae and Freddie Mac (the GSEs) both essentially bankrupt five years
earlier, posted huge profits. For Fannie
Mae it was $84 billi...
Wed, Mar 18 2015, 10:40 AM
What is the Willis Tower? I don't know, but the $1.3 billion Sears Tower , complete with a $775 million loan, was sold to Blackstone.
The WSJ repor...
Thu, Mar 12 2015, 3:16 PM
Freddie Mac's economists restated their February forecast in
their Economic and Housing Outlook just
released for March, that 2015 could be the b...
Thu, Mar 5 2015, 4:38 PM
In a speech on Thursday the director of the Federal Housing
Finance Agency (FHFA) emphasized one of the three familiar goals of his agency's
2015 ...
Wed, Feb 25 2015, 9:27 AM
Although
the focus of this 6-day a week commentary is residential, it is good to
have an awareness of commercial lending - especially as it compet...
Fri, Feb 20 2015, 1:20 PM
Freddie Mac said today that full-year net income and
comprehensive income, $7.7 billion and 9.4 billion respectively, made 2014 the
company's third ...
Thu, Feb 19 2015, 4:02 PM
Freddie Mac's economists have revised many of their earlier
estimates for the 2015 U.S. economy. In
terms of overall economic growth the revisions ...
Wed, Jan 28 2015, 5:19 PM
Freddie Mac's Multi-Indicator Market
Index (MiMi) rose nationally this month for the third consecutive time. This,
along with improving three month...
Thu, Jan 8 2015, 1:14 PM
Once again, bond markets find themselves in weaker territory simply due to the corrective forces that follow strong rallies, and once again, resilient...
Fri, Jan 2 2015, 10:27 AM
The U.S. Census Bureau projected the United States population to be 320.1 million as of yesterday.
(And no, not all of them contribute to NAR.) Th...
Wed, Dec 24 2014, 10:52 AM
Just under one third of the states plus the District of
Columbia are now in what is considered a "stable" range on Freddie Mc's
Multi-Indicator Mark...
Tue, Dec 23 2014, 10:34 AM
Let's talk about the $26 billion in equity gain
in Colorado in 2014 - Rocky Mountain High! What are not gaining are the
stock prices of non-ban...
Wed, Dec 17 2014, 10:53 AM
For
folks who like paper and documentation, in 2015 nearby Iowa (I am in
Kansas for a few days) will become the first state to offer an official
...
Fri, Nov 21 2014, 10:44 AM
In New York, the New York Mortgage Bankers Association's website
is now live. The group is functioning and has already had meetings with
DFS, so...
Wed, Nov 19 2014, 10:56 AM
Seattle's Zillow has published good news for the real estate industry . Its report
regarding hidden households and future housing activity indica...
Thu, Nov 6 2014, 1:43 PM
Both Freddie Mac
and Fannie Mae released third quarter financial results on Thursday. The government sponsored enterprises (GSEs)
each reported tha...
Fri, Oct 31 2014, 11:03 AM
Gaps of all kinds are widening out, and they are impacting business. In a story about " New Homes' Problem: Price " the
gap between the more exp...
