Industrial and Multi-family Loans Drive Annual CRE Increase
Tuesday, February 7th, 2012 Posted in Uncategorized | No Comments »The Mortgage Bankers Association (MBA) reports that commercial and multifamily loan originations were down 7 percent in the fourth quarter of 2011 compared to the third quarter but were 13 percent higher than originations in the fourth quarter a year ...
FHFA Sues UBS to Recover GSE Mortgage Losses
Friday, July 29th, 2011 Posted in Uncategorized | No Comments »UBS Americas Inc., several of its subsidiaries, and four former executive officers were sued Wednesday morning in U.S. District court for the Southern District of New York. The Federal Housing Finance Agency (FHFA) brought suit charging violations of securities laws ...
ALERT: Lenders Add Margin to Rate Sheets. Reprices Due
Monday, July 11th, 2011 Posted in Micro News | No Comments »We've enjoyed a healthy interest rate rally following a surprisingly stagnate read on the labor market in June. And although mortgages have generally lagged the "flight to safety" in benchmark Treasuries, production MBS coupons are benefiting from ...
Mortgage Options
Saturday, July 2nd, 2011 Posted in Uncategorized | No Comments »We’re happy to help you with all of your mortgage needs, from home purchasing to refinancing and debt consolidation. Use the Mortgage Calculators on the right of the page to help you determine how much you can borrow, what your payments ...
Bonds Slightly Stronger as Market Awaits ISM Data
Saturday, July 2nd, 2011 Posted in Micro News | No Comments »Fannie Mae 4.0 Coupons are 5/32nds better vs yesterday's closing levels, suggesting slightly improved rate sheet offerings this morning.
Mortgage Lender Definition
Saturday, June 25th, 2011 Posted in Uncategorized | No Comments »A mortgage lender will be an institution or an authorized individual that extend housing loans to people who cannot buy property with their own funds. Mortgage lenders will vary in size and type. Mortgage bankers are a type ...
Government Stays Glued to Mortgage Market!
Tuesday, June 21st, 2011 Posted in Uncategorized | No Comments »Falling prices are eroding consumer confidence and hindering job mobility by leaving millions of borrowers trapped in homes worth less than what they owe. A glut of bank-owned foreclosures has slowed residential construction, damping a major source of job growth. ...
Fannie, Freddie cost government more due to housing ills
Sunday, June 19th, 2011 Posted in Uncategorized | No Comments »Mortgage losses and a still-sour housing market could drive the cost of taxpayer support for Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) above the previous estimate of $291 billion, the Congressional Budget Office said on Thursday.
Fannie, Freddie foreclosure prevention eases in 2011!
Sunday, June 19th, 2011 Posted in Uncategorized | No Comments »The number of loan modifications and mortgage repayment plans completed by Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) declined in the first quarter of 2011 as fewer borrowers were eligible for help, their federal regulator said on Monday.
The End of the Crisis in Mortgage Credit Markets?
Thursday, June 10th, 2010 Posted in Uncategorized | No Comments »From Global Insight: The ailing U.S. mortgage credit market and housing market is poised to get a lift from a significant potential boost in lending activity by the GSEs (Fannie Mae and Freddie Mac). The ability of the GSEs to respond ...
