Posts filed under Real Estate Market News
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...
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 "...
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...
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 ...
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...
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...
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...
