April 24, 2015

Fannie & Freddie and Multifamily

By David Reiss

The Urban Institute has posted a Housing Finance Policy Center Brief, The GSEs’ Shrinking Role in the Multifamily Market. It opens, Though the two government-sponsored enterprises (GSEs)—Fannie Mae and Freddie Mac—are best known for their dominant role in the single-family … Continue reading

Friday’s Government Reports Roundup

By Shea Cunningham

The Federal Housing Finance Agency (FHFA) released its results to the Fannie Mae and Freddie Mac Guarantee Fee Review. Following the release, the FHFA announced that the fees would remain the same with modest adjustments. HUD released the 2009-2011 National … Continue reading

April 20, 2015

Reiss on Low Interest Rates & Down Payments

By David Reiss

MainStreet quoted me in How to Get the Lowest Mortgage Rates Without a Large Down Payment. It reads in part, Low mortgage rates can play a large factor whether homeowners are able to save tens of thousands of dollars in interest. Even a … Continue reading

Monday’s Adjudication Roundup

By Shea Cunningham

Former Freddie Mac executives, who were accused of lying about Freddie’s exposure to subprime mortgages before the financial crisis, settled with the SEC. Citibank shareholders slam the Bank’s motion to dismiss a case over mortgage-backed securities worth more than $17 … Continue reading

April 15, 2015

Reiss on FHA Mortgages for First Timers

By David Reiss

MainStreet quoted me in FHA Loans Can Be A Good Option for First-Time Homebuyers. It opens, FHA loans can be an attractive option for consumers purchasing their first home, because they require much smaller down payments. First-time homebuyers often consider these Federal Housing Administration … Continue reading

April 13, 2015

Reiss on Mortgage Lingo

By David Reiss

MainStreet.com quoted me in 10 Terms of Mortgage Industry Lingo for Potential Homeowners to Learn. It reads, in part, The mortgage industry is no different from the rest of the financial or tech world and is fraught with odd terminology, tons … Continue reading

Monday’s Adjudication Roundup

By Shea Cunningham

Bankrupt Washington Mutual settles in class action suit for $10 million after duping plaintiffs into taking out mortgages with low “teaser rates.” Goldman Sachs asks NY Federal Judge not to certify class action suit over its Abacus collateralized debt obligation, … Continue reading