Tag Archives: FHFA

Why Home Sales Rising Fast, Construction Lagging?

The Mortgage Corner We are once again in a housing conundrum. May Existing-home sales just surged 1.1 percent to 5.62 million units, after falling for several months. And housing starts fell for the third straight month an unexpected 5.5 percent … Continue reading

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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. The … Continue reading

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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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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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GDP Growth Higher, Case-Shiller Prices Steady

The Mortgage Corner The economy in the second and third quarters posted its best back-to-back growth in 11 years, And the Conference Board’s Index of Leading Economic Indicators showed strong growth over the next six months. offering fresh evidence that … Continue reading

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Fannie/Freddie, Home Prices in Good Shape

The Mortgage Corner Government-sponsored enterprises Fannie Mae and Freddie Mac brought in a combined second-quarter net income of $5 billion, nearly half of the $9.3 billion the two made in the first quarter of 2014, the Federal Housing Finance Agency’s … Continue reading

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New Fannie, Freddie Regulator Won’t Cut Loan Limits

The Mortgage Corner WASHINGTON (MarketWatch) — This headline just out.  Mortgage-finance giants Fannie Mae and Freddie Mac won’t be directed to lower the limits for mortgages that they back, the new head of their federal regulator said Tuesday. In a … Continue reading

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So Fannie and Freddie Weren’t the Problem…

Popular Economics Weekly We are learning just how much mortgage fraud was committed by 17 national and international banks and other financial entities that the Federal Housing Finance Authority (FHFA) originally sued to recover some $200 billion in losses to … Continue reading

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New-Home Sales Soaring

The Mortgage Corner There aren’t enough new homes being built, apparently, as new U.S. homes sold at an annual rate of 444,000 in October, up 25.4 percent from 354,000 in September, the U.S. Census Bureau said Wednesday. And the inventory … Continue reading

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