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C. Lamar Myers Spent the Past Five Years as a Production Manager at Freddie Mac

The Upshots Of The New Housing Bubble Fiasco

02:20pm, Saturday, 04'th Dec 2021 Zero Hedge
The Upshots Of The New Housing Bubble Fiasco Authored by MN Gordon via EconomicPrism.com, The free market for all intents and purposes is dead in America. - Senator Jim Bunning, September 19, 2008 House Prices Go Vertical The epic housing bubble and bust in the mid-to-late-2000s was dreadfully disruptive for many Americans. Some never recovered. Now the central planners have done it again On Tuesday, the Federal Housing Finance Agency (FHFA) released its U.S. House Price Index (HPI) for September. According to the FHFA HPI, U.S. house prices rose 18.5 percent from the third quarter of 2020 to the third quarter of 2021. By comparison, consumer prices have increased 6.2 from a year ago. Thats running hot! But 6.2 percent consumer price inflation is nothing. House prices have inflated nearly 3 times as much over this same period. Here in the Los Angeles Basin, for example, things are so out of whack you have to be rich to afford a 1,200 square foot fixer upper in a modest area. Yet the clever fellows in Washington have just the solution.

Freddie Mac Prices $740 million Multifamily K-Deal, K-1522

07:06pm, Friday, 03'rd Dec 2021 Intrado Digital Media
MCLEAN, Va., Dec. 03, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates ( K Certificates ), which are multifamily mortgage-backed securities. The company expects to issue approximately $740 million in K Certificates (K-1522 Certificates), which are expected to settle on or about December 9, 2021.
MCLEAN, Va., Dec. 03, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. The company expects to issue approximately $1.2 billion in K Certificates (K-135 Certificates), which are expected to … The post Freddie Mac Prices $1.2 Billion Multifamily K-Deal, K-135 appeared first on ForexTV .

Are new loan limits for Fannie and Freddie too high?

09:22pm, Thursday, 02'nd Dec 2021 Los Angeles Daily News
The maximum for mortgages backed by Fannie Mae and Freddie Mac will jump to almost $1 million in high-cost markets like Los Angeles and Orange counties.

Trump comes to the aid of GSE investors

08:28pm, Thursday, 02'nd Dec 2021 HousingWire
Fannie Mae and Freddie Mac shareholders hoping to be made whole in Collins v. Yellen have a new champion: former President Donald Trump. The post Trump comes to the aid of GSE investors appeared first on HousingWire .
In Bulletin 2021-36 Freddie Mac addresses cryptocurrency in the mortgage qualification process. Freddie Mac indicated that it is providing guidance [d]ue to the high level of uncertainty associated with cryptocurrency. By: Ballard Spahr LLP

Mortgage Rates Remain Relatively Flat

03:00pm, Thursday, 02'nd Dec 2021 Intrado Digital Media
MCLEAN, Va., Dec. 02, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.11 percent.
The Supreme Court ruling from earlier this year where the preferred stock of Fannie and Freddie dropped 70% said that a President statement would be relevant in proving constitutional harm.
George Ratiu, Realtor.com Manager of Economic Research, joins Yahoo Finance's Jared Blikre and Zack Guzman to discuss Fannie Mae and Freddie Mac increasing lending limits. Don't Miss: Valley of Hype:
The Yahoo Finance Live panel discuss Fannie Mae and Freddie Mac backing home loans of nearly $1 million. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.b
Home prices across the US have seen stratospheric increases within the past year as demand for homes spiked and inventory tanked.
Fannie Mae and Freddie Mac surged after their regulator announced that the mortgage giants will be able to back loans worth nearly $1 million in some of the most expensive U.S. housing markets.
Fannie Mae (OTC: FNMA) and Freddie Mac (OTC: FMCC) has responded to the rising median home price levels by increasing the conforming loan limits for mortgages that they acquire for secondary market s
A recent letter sent by Donald Trump seems to have renewed some hope in Fannie and Freddie shareholders.
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