Category Archives: Fannie Mae
Fannie Mae: Industry Originations Up
June 22, 2011Fannie Mae has revised its mortgage origination outlook for 2011 upward by nearly 3 percent due to higher refinancing activity in the second quarter. In May, chief economist Doug Duncan estimated that $108 billion in home loans would be refinanced … Continue reading
IT'S THE LOAN PROGRAM, STUPID……
March 8, 2011As I listen to the talking heads and government policy experts in Washington discuss mandating 20% down payments for future mortgage programs I get sick to my stomach. Aren’t any of these people doing their research before suggesting such a … Continue reading
New-Home Recovery Seen as Post-Super Bowl Selling Season Starts
February 8, 2011New home sales may bounce back this spring, and the rebound could last through at least 2012, predict market watchers. The Mortgage Bankers Association forecasts a 10 percent jump in volume; while Fannie Mae and the National Association of Home … Continue reading
Realtors seek easing of loan standards as mortgage rates continue slide
November 9, 2010The nation’s chief real estate industry trade group, worried that even the most creditworthy borrowers are finding it hard to get loans, has called on the three big mortgage guarantors to ease underwriting standards for creditworthy borrowers. Those borrowers will … Continue reading
New Mexico Business Weekly talks Fannie Mae Hardship Breaks with Greg Frost
September 28, 2010Military families struggling with a mortgage payment because of the death or injury of a service member on active duty will get some assistance, under a new program backed by Fannie Mae. It includes a mortgage payment forbearance of up … Continue reading
'This is going to be the year for e-mortgages'
May 13, 2010National Mortgage News reports on the rise of ‘e-mortgages’ (subscription required), in which documents are stored and submitted electronically. The article focuses on Xerox Mortgage Services’ “e-vault” product, which “leverages industry standards and platforms, including the Mortgage Industry Maintenance Standards Organization and the MERS eRegistry, making … Continue reading
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Greg Frost's Corner
I recently attended the annual Mortgage Bankers Association lobbying day in D.C. with 5 of my industry colleagues from New Mexico. It was a very insightful experience.
It is apparent to me that there is a prevailing feeling in both the House and Senate, along with the Executive Branch, that our government should reduce [...]
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