Mortgage Loan Originations Expected To Increase
Bank of America Securities mortgage-bond strategists estimate that mortgage loan originations could double to $3.1 trillion this year.
Read the rest of this entry »
Your Mortgage Search Ends Here
Apply for a free, no-obligation quote from Mortgage Foundation
Mortgage Foundation offers the best interest rates on mortgages
with outstanding customer service to give you a pleasant
experience with your refinance, home equity loan, or new home purchase.
That is the Mortgage Foundation difference.
Give us a chance to prove it to you by clicking "Get Started"
with outstanding customer service to give you a pleasant
experience with your refinance, home equity loan, or new home purchase.
That is the Mortgage Foundation difference.
Give us a chance to prove it to you by clicking "Get Started"
Archive for the 'Fannie Mae' Category (Chronologically Listed)
Government Launches Site designed to Help Mortgage Troubles
Yesterday the Obama administration launched a new website that is designed to help troubled homeowners see if they qualify for relief under the new loan modification or refinancing programs.
Read the rest of this entry »
Regulation Needed For Underwater Borrowers
James Lockhart, the Federal Housing Finance Agency Director, said that homeowners with Fannie Mae and Freddie Mac mortgages where the loan is more than the house is worth will have to wait for regulation to refinance.
Read the rest of this entry »
Fannie Mae May Need $16 Billion
Fannie Mae announced today that it will likely need between $11 and $16 billion from the Treasury Department.
Read the rest of this entry »
Freddie Mac Asks For $35 Billion
Yesterday Freddie Mac disclosed that it would need up to $35 billion in additional taxpayer dollars out of the $100 billion pledged by the government last year. This disclosure comes after the original government outlays to bolster AIG, Bank of America, and Citigroup have been deemed insufficient.
Read the rest of this entry »
Posted by Ryan Fiore on Jan 24 2009 under Fannie Mae, Freddie Mac
New Fannie Mae & Freddie Mac Rules
The federal regulator for Fannie Mae and Freddie Mac will be setting new rules early next week for the mortgage finance companies’ portfolios, which play a major roll in the nation’s housing market.
Read the rest of this entry »
Posted by Ryan Fiore on Jan 23 2009 under Fannie Mae, Freddie Mac
Federal Reserve Purchases Another $19 Billion in Mortgage Backed Securities
This week the Federal Reserve purchased more Mortgage Backed Securities from Freddie Mac, Fannie Mae & Ginnie Mae. This additional $19.01 billion purchased brings the total that the Federal Reserve has spent on Mortgage Backed Securities to $52.6 billion.
Read the rest of this entry »
Posted by Ryan Fiore on Jan 23 2009 under Fannie Mae, Federal Reserve, Freddie Mac, Mortgage Lending
House to Vote on Stimulus Bill Today
The Senate approved a revised version of the 170 billion dollar economic stimulus package created by Bush and Congress a few weeks back.
Read the rest of this entry »
Freddie Mac to Sell 5 Billion in Bills
Freddie Mac announced today that it plans to sell 5 billion dollars in reference bills next week.
Read the rest of this entry »
Fannie Mae Prepared for 2008
Fannie Mae’s Chief Executive Officer Daniel Mud announced today that they had enough capital to weather a negative housing market through 2008.
Read the rest of this entry »
Posted by Ryan Fiore on Dec 11 2007 under Fannie Mae, Housing Market