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Ginnie Mae Contemplates MBS Evolution

by devteam September 26th, 2014

At its second annual summit for stakeholders on Monday the Government National Mortgage Association (Ginnie Mae) issued a policy paper detailing how it intends to meet the challenges it currently confronts in the aftermath of the housing crisis. The central

New Home Sales Cross Half-Million Mark; 1st Time in 6 Years

by devteam September 24th, 2014

There was a significant jump in new home sales in August as the seasonally adjusted rate broke through the half million mark for the first time since May 2008 . The Census Bureau and the Department of Housing and Urban Development said this morning that

Mortgage Applications Retreat after One Week Rally

by devteam September 24th, 2014

Last week's rally in mortgage application activity was just that, last week's. The Mortgage Bankers Association (MBS) said today that the number of applications for both refinancing and purchase mortgages fell during the week ended September 19, erasing

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