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Now, Carl Icahn has joined the group with important implications for Fannie and Freddie investors. Activist shareholders The big money investors behind Fannie and Freddie are not known for staying quiet on their opinions or waiting for the market to
Stevens told an audience recently that 56% of American blacks who applied for a conventional mortgage in 2012 were denied, he set off a firestorm. Shortly thereafter, a spokesman from Fannie Mae , the quasi-public entity that commonly purchases these
Fannie Mae and Freddie Mac , two corporations that purchase mortgages from lenders. The preponderance of Watt's remarks concerned issues of interest mainly to mortgage lenders and servicers. But the lengthy address also offered a few clues to policy
It's Spring, Interest Rates are Low, and Buyers Aren't Buying...That 0.5% compares to the blue-chip index's steady 24% climb higher in 2013. In early afternoon trading today, the Dow was down 21 points, poised to end the month about 0.75% higher...
U.S. house price rises will likely slow further over the next two years, curbed by tight lending standards, slow wage growth and a lack of first time buyers, a Reuters poll found. Home price gains, which have already begun to moderate, are seen
British Prime Minister David Cameron defended the home purchase Assistance initiative today as new data eased fears that it is conducive to the real estate bubble. The number of homes purchased with the support of the Government'
Risk-Sharing The ECB is seeking ways to help companies and households access credit to boost prices and sustain the euro area's gradual economic recovery. While the central bank's lending survey showed conditions for new loans stabilized in the first
An important point to note is that this volume is based on purchase money mortgages, not refinances. Although Wells Fargo held a commanding lead there as well, this is a shrinking market, at least for the near term: the Mortgage Bankers Association (
258 Comments: 0 File photo. Bulgarian banks continue to lower interest rates on savings products and to improve, mainly through new promotions, the consumer loans and credit cards conditions. According to an analysis of MoitePari.bg for April 2014,
ET Furman and Zients, top White House economists, argue that recent mortgage policy changes will make it easier for responsible home buyers to get loans. As construction and homebuyer activity in communities across the country demonstrate, the