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  • New Business Tumbles at Freddie


    Authority Authority:
    New business sank to the lowest level since last summer at the Federal Home Loan Mortgage Corp., and the book of business has fallen by more than $100 billion during the past year. While there was no change in the rate of residential delinquency, performance on apartment loans deteriorated. The McLean, Va.-based ...
    2 days ago
  • 30-Year Establishes New Record as Volatility Lurks


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    Fixed mortgage rates were little changed from their record-low levels, though the long-term mortgage did set a new record. Interest rates are poised to maintain their current lows, but a looming European sovereign debt crisis remains a lingering threat to global financial markets. It was another new low for the ...
    3 days ago
  • CoStar’s People of Note (May 20-26)


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    This week’s People of Note includes the following markets: Atlanta, Austin, Kansas City, National, New York City, San Antonio, San Francisco, South Bay and Washington,DC. NEW YORK CITY Harkins Rejoins Cushman as Executive Director By Laurie Forbes Industry veteran Joseph … Related posts: CoStar’s ...
    3 days ago
  • News That Matters


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    Ft.com Some of Europe’s biggest fund managers have confirmed they are dumping euro assets amid rising fears over a possible Greek exit from the eurozone and single currency turmoil. The euro’s sudden fall this month caught many investors by surprise. Europe’s single currency has lost 5 per cent in the ...
    3 days ago
  • News That Matters


    Authority Authority:
    Ft.com Some of Europe’s biggest fund managers have confirmed they are dumping euro assets amid rising fears over a possible Greek exit from the eurozone and single currency turmoil. The euro’s sudden fallthis month caught many investors by surprise. (Read more…) Europe’s single currency has lost 5 per cent in ...
    3 days ago
  • Our German TV Special | Gambled – And the Good Gaeschfte Sued Deutsche Bank – Ackermann & Co. Crooks (Featuring Lynn Szymoniak)


    Foreclosure Fraud - Fighting Foreclosure Fraud by Sharing the KnowledgeAuthority Authority: 529
    Foreclosure Fraud goes to Germany! Lynn, Lisa and 4closureFraud.org appear in the first five minutes of the piece. Then at about the 17 min mark it goes back to Lynn, the 60 minutes piece and robo-signing. After that we have John O’Brien. Pretty neat even though I have no idea what they are saying except … ...
    3 days ago
  • Not Much of a Change, but Average Mortgage Interest Rates Dip a Bit Lower Again!


    Authority Authority:
    Today, 5/24/2012 , Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.78% , down from 3.79% last week. The average interest rate for 15 year fixed-rate mortgages was 3.04%,  unchanged from last week. A year ago the 30 year rate was 4.60%. Even though the ...
    3 days ago
  • What You Have To Understand When Working With PHH On A Short Sale


    Authority Authority:
    short sale shift Hello everybody my name is Josh Pomerleau with Short Sale Shift, Minnesota’s premiere short sale staff, thank you for taking a minute to check out my blog today. I work with Keller Williams Realty in the Minneapolis area and blog on daily basis from the short sale trenches to offer owners with [...]
    3 days ago
  • NY Mortgage Trust issues stock to buy Fannie, Freddie bonds


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    New York Mortgage Trust is offering four million shares of common stock as part of its investment strategy to acquire agency residential mortgage-backed securities. read more
    3 days ago
  • MORTGAGES: Mortgages - Speeding Up Short Sales


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    3 days ago
  • Freddie Mac: 30-Year Mortgage Rates Drop To 3.78%


    Authority Authority:
    Freddie Mac released its newest survey on Thursday which showed 30-year fixed-rate mortgages slipping from 3.79% to 3.78% The survey also revealed that new home sales have been on the rise as low rates make those purchases more affordable for millions of homebuyers. The biggest concern still remains the millions of ...
    4 days ago
  • Real Estate News: Buyback of Loans Forced on BofA


    Authority Authority:
    Here is a look at real-estate news in Thursdays WSJ:
    4 days ago
  • Senate Republicans may be on board with more HARP expansions


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    Democrats want to expand HARP yet again, and Senate Republicans showed some support in a hearing Thursday. "Im open to this. I hope that well have a real mark-up on this bill," said Sen. Bob Corker, R-Tenn. read more
    4 days ago
  • Freddie Mac to allow e-signatures, other changes


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    Freddie Mac has released a new servicer bulletin announcing changes to its underwriting requirements that expand the use of electronic signatures and reduce duplicative borrower information verification. The bulletin announces the following changes: Allowing electronic signatures for certain loan application ...
    4 days ago
  • 4th straight record low for mortgage rates


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    What’s happening with mortgage rates? We’ve asked Jeff Lazerson, of Mortgage Grader in Laguna Niguel, to give us his weekly take … So, Jeff … RATE NEWS SUMMARY: From Freddie Mac’s weekly survey, for a fourth week in a row, the average 30-year fixed rate hit a new all-time record low of 3.78 ...
    4 days ago
  • CHART : Freddie Mac 30-Year Fixed Rate Mortgage Rate Falls To 3.78%


    Authority Authority:
    Freddie Mac reports the 30-year fixed rate mortgage rate at an all-time low of 3.78% this week, down from last weeks 3.79%. Click for the complete post : CHART : Freddie Mac 30-Year Fixed Rate Mortgage Rate Falls To 3.78% .
    4 days ago
  • Record low mortgage rates hold steady


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    Fixed-rate mortgages held steady from the prior week’s record lows, helping to drive homebuyer affordability across the nation. read more
    4 days ago
  • Commercial real estate price recovery slows


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    read more
    4 days ago
  • May 2012 U.S. Economic and Housing Market Outlook


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    MCLEAN, Va., May 23, 2012 ( PRNewswire ) Freddie Mac (OTC:FMCC) released today its U.S. Economic and Housing Market Outlook for May showing for the most part encouraging signs with the release of several first-quarter 2012 economic indicators. Outlook Highlights ...
    4 days ago
  • $0.3 Billion in Repurchases from Freddie


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    More than $0.3 billion in mortgages are being repurchased from the Federal Home Loan Mortgage Corp.The secondary home-loan lender disclosed the upcoming transaction Tuesday.According to Freddie Mac, the repurchases are "the result of the resolution of certain contractual matters."Related posts:Q1 Repurchases Top $3 ...
    4 days ago

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