The Oldest and Most Trusted Real Estate News Magazine

Posts Tagged ‘ Fannie ’

Fannie Mae: Mortgage Serious Delinquency rate decreased slightly in February

By
Fannie Mae: Mortgage Serious Delinquency rate decreased slightly in February

Fannie Mae reported that the Single-Family Serious Delinquency rate decreased to 1.22% in February, down from 1.23% in January. The serious delinquency rate is up from 1.19% in February 2017. These are mortgage loans that are “three monthly payments or more past due or in foreclosure”.  The Fannie Mae serious delinquency rate peaked in...
Read more »

Tags: , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Fannie Mae: Mortgage Serious Delinquency rate increased in November

By
Fannie Mae: Mortgage Serious Delinquency rate increased in November

Fannie Mae reported today that the Single-Family Serious Delinquency rate increased to 1.23% in November, up from 1.21% in October. The serious delinquency rate is down from 1.58% in November 2015. These are mortgage loans that are “three monthly payments or more past due or in foreclosure”.  The Fannie Mae serious delinquency rate peaked...
Read more »

Tags: , , , , , ,
Posted in Mortgage Brokers | No Comments »

Fannie Mae: Mortgage Serious Delinquency rate declined in March, Lowest since June 2008

By
Fannie Mae: Mortgage Serious Delinquency rate declined in March, Lowest since June 2008

Fannie Mae reported today that the Single-Family Serious Delinquency rate declined in March to 1.44%, down from 1.52% in February. The serious delinquency rate is down from 1.78% in March 2015. This is the lowest rate since June 2008. The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%. Note: These are...
Read more »

Tags: , , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Fannie Mae: “Millennials … Are the Driving Force Behind the Recent Surge in Apartment Demand”

By
Fannie Mae: “Millennials … Are the Driving Force Behind the Recent Surge in Apartment Demand”

From Patrick Simmons at Fannie Mae: Housing Myths, Debunked: Millennials, Not Baby Boomers, Are the Driving Force Behind the Recent Surge in Apartment Demand By far, the most important generational driver of apartment demand growth between 2009 and 2014 was the Millennials. Millennials have been reaching adulthood and entering the housing market in large...
Read more »

Tags: , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Fannie and Freddie: REO inventory declined in Q4, Down 34% Year-over-year

By
Fannie and Freddie: REO inventory declined in Q4, Down 34% Year-over-year

Fannie and Freddie reported results this week. Here is some information on Real Estate Owned (REOs). From Fannie Mae: Fannie Mae Reports Net Income of .0 Billion and Comprehensive Income of .6 Billion for 2015 Fannie Mae reported annual net income of .0 billion and annual comprehensive income of .6 billion in 2015. For...
Read more »

Tags: , , , , ,
Posted in Mortgage Brokers | No Comments »

Fannie Mae: Mortgage Serious Delinquency rate declined slightly in August, Lowest since August 2008

By
Fannie Mae: Mortgage Serious Delinquency rate declined slightly in August, Lowest since August 2008

Fannie Mae reported today that the Single-Family Serious Delinquency rate declined slightly in August to 1.62% from 1.63% in July. The serious delinquency rate is down from 1.99% in August 2014, and this is the lowest level since August 2008. The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%. Note: These...
Read more »

Tags: , , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Fannie and Freddie Results in Q1: REO inventory declines, “Lower demand for foreclosed properties”

By
Fannie and Freddie Results in Q1: REO inventory declines, “Lower demand for foreclosed properties”

From Fannie Mae: • Fannie Mae reported net income of .3 billion, the company’s ninth consecutive quarterly profit, and comprehensive income of .7 billion for the first quarter of 2014.• Fannie Mae’s financial results for the first quarter of 2014 included .1 billion in revenue from legal settlements relating to private-label securities lawsuits.• Fannie...
Read more »

Tags: , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Fannie Mae, Freddie Mac Mortgage Serious Delinquency rates mostly unchanged in December

By
Fannie Mae, Freddie Mac Mortgage Serious Delinquency rates mostly unchanged in December

Fannie Mae reported that the Single-Family Serious Delinquency rate declined in December to 3.29% from 3.30% in November. The serious delinquency rate is down from 3.91% in December 2011, and this is the lowest level since March 2009. The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%. Freddie Mac reported that...
Read more »

Tags: , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Report: Bailout Costs for Fannie and Freddie expected to decline

By
Report: Bailout Costs for Fannie and Freddie expected to decline

From Nick Timiraos at the WSJ: Cost of Bailing Out Fannie and Freddie Expected to Fall Sharply Fannie Mae and Freddie Mac are expected to begin repaying taxpayers for their bailout faster than initially projected, in part because of an improving housing market. The Federal Housing Finance Agency, the companies’ federal regulator, released a...
Read more »

Tags: , , , , , ,
Posted in Mortgage Brokers | No Comments »

BofA to Stop Selling Mortgages to Fannie Mae

By
BofA to Stop Selling Mortgages to Fannie Mae

From Jacob Gaffney at HousingWire: Bank of America stops selling mortgages to Fannie Mae Bank of America is faced with numerous reps and warrants challenges on the mortgage front, and as a result of growing uncertainty, it will no longer sell certain mortgage refinances into Fannie Mae mortgage-backed securities. “The issue is tied to...
Read more »

Tags: , , , ,
Posted in Mortgage Brokers | No Comments »

Sitemap Madbadcat Graphics