Friday , 25 September 2020

DS News

DS News

Senate Banking Committee Approves Financial Regulatory Relief Bill

By Brian Honea One provision of the bill prohibits increases in guarantee fees charged by Fannie Mae and Freddie Mac to offset losses or reductions in revenue, or for any other purpose besides business functions for the GSEs or housing finance reform. The bill also prohibits the sale of Treasury-owned senior preferred shares in the GSEs without approval from Congress. …

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Mortgage Delinquencies Experience Seasonal Rise in April

By Brian Honea Meanwhile, foreclosure inventory – the total number of mortgage loans in some state of foreclosure – continued its decline toward pre-crisis levels in April by falling 25.5 percent year-over-year down to 1.51 percent, about 764,000 properties. It is the lowest level for foreclosure inventory since January 2008 right at the beginning of the recessi The post Mortgage …

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Mortgage Delinquencies Experience Seasonal Rise in April

By Brian Honea Meanwhile, foreclosure inventory – the total number of mortgage loans in some state of foreclosure – continued its decline toward pre-crisis levels in April by falling 25.5 percent year-over-year down to 1.51 percent, about 764,000 properties. It is the lowest level for foreclosure inventory since January 2008 right at the beginning of the recessi The post Mortgage …

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FSOC Recommends GSEs Continue Spreading Mortgage Credit Risk Across Private Market

By Brian Honea In its annual report released earlier this week, the Financial Stability Oversight Council (FSOC) recommended that the Federal Housing Finance Agency (FHFA) continue to encourage Fannie Mae and Freddie Mac to spread mortgage credit risk across the private market. The post FSOC Recommends GSEs Continue Spreading Mortgage Credit Risk Across Private Market appeared first on DSNews. Via:: …

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DS News Webcast: Friday 5/22/2015

By Jordan Funderburk Consumers’ conservative financial behavior suggests modest economic growth for the remainder of the year, though the housing industry appears to be gaining momentum, according to Fannie Mae’s Economic and Strategic Research Group’s May 2015 Economic Outlook released Thursday. Following a weak economic first quarter, continued negative economic fundamentals including a strong U.S. dollar and the lingering effects …

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FSOC Recommends GSEs Continue Spreading Mortgage Credit Risk to Private Market

By Brian Honea In its annual report released earlier this week, the Financial Stability Oversight Council (FSOC) recommended that the Federal Housing Finance Agency (FHFA) continue to encourage Fannie Mae and Freddie Mac to spread mortgage credit risk to the private market. The post FSOC Recommends GSEs Continue Spreading Mortgage Credit Risk to Private Market appeared first on DSNews. Via:: …

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Forecast Calls for Moderate Economic Growth; Housing Gaining Momentum

By Brian Honea Leading indicators for the housing sector have shown that despite the moderate economic growth predicted, housing may experience a strong season in the spring, according to Fannie Mae. In March, existing home sales rose to their highest level in nearly two years, but for Q1 existing home sales were off slightly from the previous quarter’s total. Despite …

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FHFA Announces New Eligibility Standards for Sellers, Servicers to Work With GSEs

By Brian Honea The new requirements are expected to allow the GSEs to operate smoothly by providing greater transparency, clarity and consistency to industry participants and other stakeholders, and reflect feedback received over the past several months. The post FHFA Announces New Eligibility Standards for Sellers, Servicers to Work With GSEs appeared first on DSNews. Via:: FHFA Announces New Eligibility …

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