Until Congress decides how to wind them down, they remain in limbo. Shareholders of Fannie Mae and Freddie Mac meanwhile are eager to. mortgage borrowers rather than taxpayers. The Protecting.
Most common was the idea that it was time to simply shut them down. However, none of the plans offered found enough political support to advance, and today, Fannie Mae and Freddie Mac today are buying and securitizing home loans just as they did before. But they still need to be reformed.
Fannie Mae FNMA Stock Message Board: [b][color=blue]Hensarling Says Administration Doesn’t Favor His GSE Wind Down[/color][/b]
1 – Last Friday’s Dinner & a Movie client event was a blast. Many clients had not seen Back to the Future because they thought it was an ’80s teen flick — and they were pleasantly surprised at how much fun it was. In Pat Strother’s absence (away on vacation), Shane Blackwell of Mountain View BBQ filled in admirably with fabulous Angus burgers and out-of-this-world homemade apple pie a la mode.
JPMorgan analysts see housing prices falling until mid-2011 Treasury doesn’t want former Fannie CFO in GSE investor lawsuit FHA mortgage insurance premiums won’t be going down in 2015 · Unlike private mortgage insurance (pmi), which has a range of costs depending on the borrower’s credit score and down payment, FHA Mortgage Insurance Premiums (MIP) go by down payment only. Borrowers with less than a 5% down payment are charged 0.85% of the outstanding loan amount each year, while borrowers with more than a 5% down payment are.Todd Mobraten announces resignation from USRES, RES.NET The agreement between RE/MAX and RES.NET, announced in February, provides RE/MAX agents direct access to RES.NET’s cloud-based platform and enables them to better cultivate relationships and manage transactions, dramatically improving the experience for consumers.Pending home sales hit two-year high: NAR Contracts to buy previously owned U.S. homes rose to their highest level in three years in April, but a shortage of properties for sale could slow down the momentum. Pending home sales hit three.