Tag Archives: Federal Housing Finance Authority

Conforming Mortgage Limits Rise for 2017

Financial FAQs The Federal Housing Finance Authority, or FHFA, just announced it is increasing the limit for conforming mortgages from $417,000 to $424,100 in most regions of the United States starting Jan. 1, 2017—the first such increase since 2006. This … Continue reading

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Fannie-Freddie Debacle Continues

The Mortgage Corner We are already seeing the results of Obama Administration attempts to kill Fannie Mae and Freddie Mac, the Government Sponsored Entities that guarantee more than 60 percent of all mortgages originated in the U.S. housing market these … Continue reading

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Will Fannie and Freddie’s Investors Finally Succeed?

Financial FAQs It is welcome news for Fannie Mae and Freddie Mac investors that Judge Margaret Sweeney in the Federal Claims Court in Washington Tuesday granted a motion that will force the U.S. Treasury to release all discovery document materials … Continue reading

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Fannie and Freddie Didn’t Do It!

Financial FAQs As if further confirmation was needed that Fannie Mae and Freddie Mac were not even a minor cause of the housing bubble and consequent bust, the latest judgment against Nomura Securities for selling fraudulent mortgages to Fannie and … Continue reading

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CFPB Releases Borrower Guidelines

The Mortgage Corner The Consumer Protection Financial Bureau, set up as part of the Dodd-Frank Wall Street and Consumer Protection Act, has just published guidelines for mortgage borrowers to help them get the best possible terms. Knowing mortgage guidelines and … Continue reading

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Saving Fannie and Freddie—Part II

Financial FAQs The Federal Housing Finance Authority that supervises the so-called Government Supervised Enterprises (GSE), now including Fannie Mae and Freddie Mac, just announced restrictions that not only weaken Fannie and Freddie’s mandate, but the mortgage and housing markets in … Continue reading

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HARP 2.0 Leads Mortgage Refinance Higher

The Mortgage Corner There is growing optimism that the real estate bust is finally at an end. The cause is a combination of record low interest rates leading to more refinance activity and increasing confidence of consumers in the economic … Continue reading

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