Fannie Mae

Why the hunt for yield is so desperate for bond investors, in 2 charts - MarketWatch

The lot of a bond fund manager is a tough one.<p>Asset buying by global central banks is blamed for pressing bond yields to historic lows, while leaving …

Finance

Annaly Capital And CYS Investments: MBS Pricing For First Half Of Q4 2017

Following continued requests by readers, this article analyzes fixed-rate agency MBS price movements during the fourth quarter of 2017 (through …

Business

How the Trump Tax Cuts Would Reshape (and/or Break) Our Economy

The Trump tax cuts are zipping through Congress at the legislative version of light speed. House Republicans unveiled their plan for overhauling …

Economics

Everything You Need to Know about Assigning Blame for the Great Depression, Captured by a Cartoon

The Great Depression was an unimaginably miserable period in American history. Income fell, unemployment rose, and misery was pervasive.<p>But there was …

Great Depression

“It’s a Ponzi Scheme”: Wall Street Fears Trump’s Deranged Tax Plan Could Kick Off Economic Euthanasia

Wall Street vets say an attack on blue states could start a chain reaction in the housing market. “Will this be the first tax cut in American history that actually results in a recession?”<p>“It’s a Ponzi scheme,” a Wall Street executive told me, dismissing the idea that a multi-trillion dollar tax …

Economy

Keep Calm And Carry On

What happens if no Brexit agreement is reached?<p>The Bank of England recently hiked interest rates for the first time since the financial crisis …

Economy

GOP eager for Trump shake-up at consumer bureau

They say the resignation of Richard Cordray is an opportunity for reforms.

Government

Trump Considers Naming Mulvaney Interim CFPB Director

Mick Mulvaney once called the Consumer Financial Protection Bureau “a sad, sick joke.” Now, he may get to oversee Elizabeth Warren’s favorite …

Business

Through Fannie Mae, US taxpayers provide backing for some rental home giants

Some renters of homes owned by the “billion-dollar landlords” highlighted in an ABC News investigation might be surprised to learn that they, as …

Mortgages

Mortgage Insurance Program Knocked by GOP Slips But Doesn't Fall

The financial health of a top U.S. mortgage program worsened this year, which could make it harder for affordable-housing advocates to persuade a key …

Mortgages

Market Crashes: Conclusion

The High Bar for Future Crashes<p>Since the 2007-2009 Global Financial Crisis, there have been some market events that were widely reported as crashes …

Trading

Calling No Legislative GSE Reform In 30 Days A Failure

The government has 30 more days to deal with GSE reform before GSE Jumpstart expires. Congress/Senate leave December 14/15. GSE Jumpstart expires …

Business

What Realtors Need To Know About Mortgages Today

It must be acknowledged that you can be the best-selling Realtor time has ever known, but if buyers don’t have access to money, it doesn’t matter one iota how many spots you can sell to a Dalmatian.<p>You’ve heard money makes the world go around, and maybe that’s true. One thing I know for sure is …

Mortgages

Carriage houses and casitas could help fight Denver gentrification

Miguel Ramirez has no problem paying the mortgage on his Westwood home right now, but he’s facing a major property tax increase next year — and it …

Housing

Development near Commuter Rail Stations in Suburban Areas Key to Regional Affordability

NEW YORK, NY – Skyrocketing home prices and traffic are two of the primary factors decreasing the quality of life across the region–and a new study …

Urban Design

Compare Today's Mortgage Rates and Home Loans | NerdWallet

Top rated national lenders<p>Lender<p>At a glance<p>Full line of fixed and adjustable rate mortgages, including FHA and VA loans.<br>• Good for: People comfortable …

Mortgages

4 Reasons Even People With Excellent Credit Get Rejected

If you're "gaming" the system for more miles, points and perks, you may get declined for additional credit.<p>When talking myths and legends, it’s easy to lump a perfect credit score in with the likes of unicorns, Atlantis and the Fountain of Youth. But in actuality, over 20 percent of the U.S. …

Business

Hurricanes could bring another disaster: Foreclosures

As life slowly returns to normal in hurricane-ravaged parts of Texas, Florida and Puerto Rico, housing experts and consumer advocates worry another crisis is on the horizon: Foreclosures.<p>Already, legal aid groups are working with people who arestruggling to make mortgage payments on homes made …

Hurricane Harvey

Can't afford mortgage down payment? Flagstar Bank might pay it for you

CLOSE<p>Whether it’s figuring out where you want to live, or narrowing down the houses you want to see, there’s plenty of ways to do it all from the …

Mortgages

As U.S.'s Lack of Homebuilding Nears Crisis, Fannie Offers Help

Fannie Mae helps borrowers buy homes. Soon it might help build them too.<p>The mortgage-finance giant is considering a series of pilot programs to …

Mortgages

How Trump Stiffed the Bankers With His Federal Reserve Appointment

When the president announced the appointment of Jerome “Jay” Powell as the new chairman of the Federal Reserve, the prestige newspapers responded …

Economy

How Republicans and Wall Street Put the Economy at Risk Again

It was 10 years ago that our financial system began to unravel after years of recklessness on Wall Street and neglect by regulators and policymakers, …

Business

Arbor Realty - An Undervalued Dividend Machine Poised For Growth

Continued discount in price to book value makes ABR an attractive investment opportunity.<p>Recently increased the quarterly dividend by 5.5%.<p>Revenue …

Stocks

ZILLOW: America's red-hot housing market is a bit of a problem

• <b>The rise in US house prices since the recession has created a market favorable for sellers.</b>• <b><br>Although the recovery has also been good to buyers, they're faced with fewer non-luxury choices in major cities.</b>• <b><br>Zillow CEO Spencer Rascoff said Tuesday that this difference is "a bit of a headwind" for the</b> …

Real Estate

Bean counters: Lost in Paradise

<i>Long before the Paradise Papers, or the Panama Papers, the Enron scandal, Savings and Loan crisis, WorldCom, and the Global Financial Crisis,</i> …

The City

Multifamily Building in Brooklyn Secures $217.5 Million Loan

The Ashland, developed by the Gotham Organization, also has 11,500 square feet of office space and a food hall on the ground floor<p>The Ashland, a 53-story rental apartment building in Brooklyn’s Cultural District in Fort Greene, has refinanced its debt with a $217.5 million loan from Wells Fargo …

Real Estate

U.S. mortgage activity flat as loan rates fall: MBA

NEW YORK (Reuters) - The weekly volume of U.S. mortgage applications was stuck at its lowest level since mid-February, even as 30-year home borrowing costs retreated from highest in three months, the Mortgage Bankers Association said on Wednesday.<p>The Washington-based group's seasonally adjusted …

Economy

Mortgage demand unchanged even as interest rates fall

The interest rate on the popular 30-year fixed mortgage moved lower last week for only the second time since September, but that was not enough to entice consumers to call their lenders.<p>Mortgage application volume was unchanged last week from the previous week, according to the Mortgage Bankers …

Mortgages

More housing markets are overvalued, and consumers feel the pain

The steady rise in home prices is so far showing no boundaries, and that is turning up the heat on some already overheated housing markets.<p>Home prices rose 7% nationally in September, compared to September 2016, a higher annual increase than was seen in August, according to CoreLogic, a real estate …

Business

Did You Know…How Lenders Test the Performance of Credit Scoring Models?

Credit scores have been a ubiquitous and valuable component of the underwriting process for decades. Credit bureau risk scoring models have been …

Determine