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Freddie Remains Upbeat on Housing Market Despite Q1 Challenges

by devteam April 10th, 2015

In its Economic and Housing Outlook for April Freddie Mac's economists point out that the spring homebuying season has become familiar territory. And not in a good way. For the third year in a row the nation entered the New Year "with great expectations

20 Percent Surge in Q1 New Home Purchase Apps

by devteam April 10th, 2015

Sales of new homes appeared to have surged in March. According to the Mortgage Bankers Association (MBA) mortgage applications for new home purchases were up 17 percent from February. The data is not seasonally adjusted. Lynn Fisher, MBA's Vice President

Viable Principal Reduction Plan Would Likely Have Limitations -CoreLogic

by devteam April 10th, 2015

Among the most contentious issues at the Federal Housing Finance Agency (FHFA) when Edward J. DeMarco was its acting director was his refusal to allow Fannie Mae and Freddie Mac (the GSEs) to adopt a principal reduction (or PR) program, citing FHFA's

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