by notesyndication.com | Dec 7, 2020 | Mortgage Industry, Note Industry
By Kelsey Ramírez In a hearing before the House Financial Services Committee Wednesday, Treasury Secretary Steven Mnuchin said no definite plans have been made for the future of Fannie Mae and Freddie Mac, but discussed the idea that they could be released from...
by notesyndication.com | Nov 3, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
Three GSE shareholders have filed a lawsuit against the Federal Housing Finance Agency (FHFA) and the U.S. Department of Treasury over the sweeping of GSE profits into Treasury, or the Net Worth Sweep. GSE shareholders J. Patrick Collins, Marcus J. Liotta, and William...
by notesyndication.com | Nov 3, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
Buyers looking to acquire a pool of non-performing loans have that opportunity, as a $106 million pool of non-performing loans is now on the market, according to MountainView, which is acting as the exclusive advisor for the sale. Per details provided by MountainView,...
by notesyndication.com | Nov 3, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
Mark Zandi is the Chief Economist with Moody’s Analytics, where he directs economic research. His broad research interests encompass macroeconomics, financial markets and public policy. His recent research has focused on mortgage finance reform and the determinants of...
by notesyndication.com | Oct 28, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
By Brian Honea Royal Bank of Scotland (RBS) may have to pay as much as $13 billion in a mortgage-backed securities lawsuit filed by the Federal Housing Finance Agency (FHFA), according to multiple media reports. FHFA made a filing in the U.S. District Court in...
by notesyndication.com | Oct 28, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
By Brian Honea Freddie Mac‘s total mortgage portfolio expanded at an annualized rate of 2.8 percent in June, marking the fifth consecutive month and the 10th time in the last 12 months the portfolio has grown, according to Freddie Mac’s June 2015 Monthly Volume...