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GSEs

Fannie Mae and Freddie Mac Both Released Their Issuance Calendars Today

Today’s News Synopsis: Both Fannie Mae and Freddie Mac released their Issuance Calendars today, utilizing their plans for investors and debt notes respectively.  The latest Wells Fargo Housing Market Index and NAHB report showed a decrease in confidence in the housing market by two points in October.  More Chinese investors are looking for properties to […]

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foreclosure next stop

ATTOM Data Solutions Reported a 27% Increase in Foreclosure Filings in October

Sources: CoreLogic Reports 36,000 Completed Foreclosures in September 2016 U.S. Foreclosure Activity Increases 27 Percent in October Foreclosures See an Increase After Months of Decline 3 Qtr California Housing Affordability Banks continue to make commercial real estate loans tougher to get: Fed survey Housing Recovery Continues at Modest Pace 28 Things Donald Trump Promises To

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84 Employees of Goldman Sachs Have Just Been Named Their New Partners

Today’s News Synopsis: The Mortgage Bankers Association reported a 1.2% decrease in mortgage applications from last week.  A new multifamily K-Deal was just pricced by Freddie Mac at $1.2 billion.  84 employees of Goldman Sachs have just been named their new partners, the most in 6 years. In The News: Mortgage Bankers Association – “Mortgage Applications

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completed foreclosure

Latest CoreLogic Foreclosure Report Shows 36,000 Completed Foreclosures in September

Today’s News Synopsis: According to the latest foreclosure report from CoreLogic, 36,000 foreclosures were completed in September.  NAHB’s Leading Maret Index Report showed the housing market is continuing to gain steam with 162 out of 340 metropolitan areas at or above normal levels.  Towd Point Master Funding is the winnder of Fannie Mae’s Reperforming Loan

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Pay Increases Finally Happening as More Americans Return to Work

Sources: Commercial/Multifamily Originations Up 2 Percent from Last Year’s Pace CoreLogic US Home Price Report Shows Prices Up 6.3 Percent in September 2016 55+ Housing Market Has Strong Third Quarter Showing All the single ladies are shaking up this real estate market Mortgage Rates Head Up There Are 5.6 Million Cheap Apartments in America.  Not

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55 plus

Housing Market for 55+ Extremely Positive in Third Quarter

Today’s News Synopsis: The housing market for those 55+ was extremely positive in the third quarter, coming in at above 50.  Fannie Mae’s net income was $3.2 billion in the third quarter according to their latest income report.  Freddie Mac reported an increase in mortgage rates with 30-year rates now at 3.54% and 15-year rates

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home price gains

CoreLogic’s Latest Home Price Report Showed Prices Increased 6.3%

Today’s News Synopsis: The Mortgage Bankers Association said loan originations for commercial/multifamily properties increased 2% from last year.  Financial results for Freddie Mac were in this week, covering their third quarter earnings.  CoreLogic released their latest home price report, which showed home prices increased 6.3% in September. In The News: USA Today – “There’s nothing normal

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