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WSJ: "No Exit In Sight" For Mortgage Crisis
on 02/10/10
The Wall Street Journal paints a rather bleak picture for the current U.S. mortgage crisis and the health of Fannie Mae and Freddie Mac in particular.  According to the piece in yesterday's...

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FHFA: Home Prices Rise for the First Time Since 2007
on 01/27/10
According news released yesterday by the the Federal Housing Finance Agency (FHFA), "U.S. house prices rose 0.7 percent on a seasonally adjusted basis from October to November."  In addition, for "...

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High-End Mortgage Holders Defaulting at Higher Rate Than National Average
on 12/28/09
With the downturn in the economy resulting in layoffs and other negative impacts, those with mortgages of $1 million and higher are defaulting at nearly twice the rate of the U.S. average. Accord...

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Freddie Mac Suspends Evictions Over the Holidays
on 12/19/09
I guess even Freddie Mac can be bitten by the Christmas Spirit.  According to a press release from the company, they announced on Thursday that they are instructing their attorneys "to suspend all ...

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Taylor Bean Mortgage Company Collapse Impacts Freddie Mac
on 11/30/09
When Taylor Bean & Whitaker filed for bankruptcy last August, "it was the 12th largest mortgage originator in the United States, and a Freddie Mac servicer," according to DSNews.com.  Freddie Mac h...

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Fannie and Freddie Forecast Modest Declines In Housing Prices for 2010
on 11/23/09
Freddie Mac estimates that housing prices will continue to decline in 2010 by 1.5% while Fannie Mae pegs the retreat at 1.7%, according to Bloomberg News.  One expert predicts in the article that W...

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Fannie Mae: Those in Foreclosure Can Lease Back Their Homes
on 11/09/09
Fannie  Mae announced last week that homeowners facing foreclosure can now lease back their homes at market value for up to a year, according to the Los Angeles Times.  The move was done in part to...

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