CLICK BELOW TO REDISCOVER HUMANITY

A DECADE+ OF STORYTELLING POWERED BY THE BEST WRITERS ON THE PLANET

Tag: Fannie Mae

Banking On Failure: Junk Banks (Continued)

Editor’s Note: This is the next in a Continuing Series of Articles by Joe, as excerpted from his Book; “Banking on Failure” co-authored by...

Give Lenders More Time to Implement New Borrower Disclosure Rules

The Consumer Finance Protection Bureau (CFPB) will soon implement new rules to better inform borrowers about their mortgage loans and give them more accurate...

Revisiting ‘Subprime’ Mortgages

“Subprime” has been a dirty word since the freewheeling mortgage lending spree that ultimately brought down the economy and propelled millions of homeowners into...

Mortgaging the Future?

Leverage is risky. Purchasing assets with borrowed money can amplify small movements in prices into extraordinary gains or crippling losses, even default. From the...

What Is Live Mortgage Pricing?

“I have read statements by you regarding ‘live mortgage pricing’, but I am not sure what it means, or why it is important?” A live...

Would Eliminating the GSEs Doom the 30-year Mortgage?

Most people recognize the GSEs should be eliminated because their implied government backing is now explicit. These entities are not private entities, although many...

Requirements for Mortgages are Easing

A closely watched index that tracks mortgage credit availability — lender requirements on credit scores, down payments and other key loan terms — has...

FHA Looks to Ease Banks’ Worry on Mortgage Mistakes

A U.S. housing regulator is considering limiting one of the most powerful tools federal attorneys have to punish banks for making mistakes in mortgage...

After the Housing Crisis, a Cash Flood and Silence

On Aug. 17, 2012, the federal government began expropriating all the earnings of Fannie Mae and Freddie Mac, the mortgage finance giants that succumbed...

The Great American Dream, Still Deferred

The housing market has shown signs of life recently. Prices have risen, mortgage rates are very attractive and construction is reviving. But recall where the...