Tags: freddie
New York Fed Pres. Dudley: Mortgage Market Too Concentrated
October 16th, 2012
in econ_news, syndication
Econintersect: New York Federal Reserve Bank president William C. Dudley said that the U.S. mortgage market is from competitive. Dudley addressed the National Association for Business Economics Annual Meeting, New York City, Monday 15 October 2012. Dd… more »
Investors Hit the Housing Market
April 5th, 2012
in econ_news
Econintersect: Investors have always been bottom fishers in beaten down real estate markets, buying up bargains to use for rental properties until selling after the market recovers to also book a capital gain. This activity has traditionally been indiv… more »
Democrat Questions GSE Role in Forcing Foreclosure Processing Abuses
November 17th, 2011
in econ_news
Econintersect: U.S. Rep. Elijah Cummings (D, MD) has been tracking the actions of FHFA (Federal Housing Finance Agency), acting on behalf of Fannie Mae and Freddie Mac, and has released a letter dated November 16, 2011 which requests specific information… more »
Mortgage Mess Liabilities Sap Banks
September 21st, 2011
in econ_news
'Mortgage Mess' Costs Banks Nearly $66 BillionDaily Real Estate News | Monday, September 19, 2011 Mortgage and foreclosure abuses have costs the country’s five largest lenders nearly $66 billion — and that number will likely double by the… more »
Housing: More Foreclosure and Mortgage Issuance Problems
September 20th, 2011
in econ_news
Econintersect: Congress appears to be in the process of making mortgages more difficult and expensive. This is not because of something being done; it is because of inaction, which will be discussed later in this article. At the same time, The Wall St… more »
