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Viable Principle Reduction Plan Would Likely Have Limitations -CoreLogic
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
Purchase Applications Hit 21-Month High
A healthy increase in purchase mortgage applications last week was met with shrinking refinance activity leaving the Mortgage Bankers Association's Market Composite Index for the week ended April 3 essentially unchanged. The Composite, a measure of application
Mortgage Credit Access Bodes Well for Spring Market
Several factors combined to improve access to mortgage credit last month with the greatest gains coming in conforming loans. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MCAI) rose to 121.4 in March, a month-over
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...