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Freddie Mac

Wall Street's "Legacy" Problem

Joel Sucher | Posted 06.13.2016 | Business
Joel Sucher

In Orwell's dystopic 1984 Winston Smith - working at the Ministry of Truth - finds it easy to dispose of the past: simply take an old news story that ...

The Vultures' Vultures: How A New Hedge-Fund Strategy Is Corrupting Washington

The Huffington Post | Ryan Grim | Posted 05.16.2016 | Politics

WASHINGTON - Take Robert Shapiro. A Harvard-trained political economist, Shapiro is the head of a consulting firm called Sonecon. That business card d...

We've Fixed Fannie and Freddie; It's Time to Release Them

Eva M. Clayton | Posted 05.02.2016 | Politics
Eva M. Clayton

Since the 2008 financial crisis, the twin housing giants Fannie Mae and Freddie Mac have been in a conservatorship. Yet, the status quo in Washington seems to be dug into keeping them hamstrung in permanent confusion.

Record Mortgage Volume in 2015, in Spite of US Treasury

Harlan Green | Posted 04.15.2016 | Business
Harlan Green

In addition to very large Consumer credit borrowing that rose $17.2 billion in February (but excludes mortgage lending), the number of new first mortgages increased markedly in 2015, according to new data from credit rating company Equifax.

Shift Control of Appraisals to Mortgage Borrowers: Some Further Thoughts

Jack M. Guttentag | Posted 04.06.2016 | Business
Jack M. Guttentag

In our current housing finance system, appraisals are issued in the name of the lender to whom a prospective borrower has applied for a loan, and it i...

New Study Finds Lack of Housing for 7.2 Million Lowest Income Renters

Malik Siraj Akbar | Posted 03.25.2016 | DC
Malik Siraj Akbar

NLIHC enthusiastically supports this bold new bill because it tackles the unacceptably high levels of homelessness in this country and will increase the supply of affordable housing for the country's lowest income households.

The Fannie-Freddie Debacle Continues

Harlan Green | Posted 03.02.2016 | Business
Harlan Green

We are already seeing the results of Obama Administration attempts to kill Fannie Mae and Freddie Mac, the Government Sponsored Entities that guarante...

Taxpayers and Homeowners Share the Same Risk Regardless of Politics

Garrick T. Davis | Posted 02.03.2016 | Business
Garrick T. Davis

Almost two thirds of taxpayers are homeowners. Why should they be OK with the government experimenting with their tax dollars to benefit the government controlled GSEs? How about benefiting the taxpayer homeowner instead?

The Garbage Collectors...

Joel Sucher | Posted 11.10.2015 | Politics
Joel Sucher

The article focused on Fortress Investment's Peter Briger, a/k/a "king of debt" a/k/a "junkyard dog," a man who scored big by buying up the so-called "distressed assets" that banks didn't want and were willing to sell off cheap. So, if you're one of millions of struggling homeowners be afraid, be very afraid.

America's Homebuyers Being Targeted as Washington's Latest 'Pay-For' Piggy Bank

Garrick T. Davis | Posted 08.26.2016 | Business
Garrick T. Davis

Prospective new homeowners have all sorts of pressing concerns to consider. Strapping the cost of a federal highway spending bill onto their backs by way of artificially inflated loan guarantee fees paid over the life of a 30-year mortgage shouldn't be one of them.

Will Fannie and Freddie's Investors Finally Succeed?

Harlan Green | Posted 07.22.2016 | Business
Harlan Green

The White House, U.S. Treasury, and Federal Housing Finance Authority have been stonewalling discovery requests by investors who want to know exactly why the GSEs were put into conservatorship in the first place.

Ben Hallman

At One Florida Housing Agency, The Foreclosure Crisis Lives On

HuffingtonPost.com | Ben Hallman | Posted 05.26.2015 | Business

Sylvia Alvarez didn't grasp the enormity of the crisis about to engulf her community until she returned to her office in Tampa, Florida, after a long ...

Fannie and Freddie Didn't Do It!

Harlan Green | Posted 05.19.2016 | Business
Harlan Green

As if further confirmation was needed that Fannie Mae and Freddie Mac were not even a minor cause of the housing bubble and consequent bust, the latest judgement against Nomura Securities for selling fraudulent mortgages to Fannie and Freddie should be icing on the cake.

The Undeniable Benefits of Housing Counseling Are Worth Every Cent

Garrick T. Davis | Posted 05.04.2016 | Business
Garrick T. Davis

The case for the widespread use of housing counseling in America's residential housing marketplace is both simple and straightforward.

Why Doesn't US Government Want Fannie, Freddie to Succeed?

Harlan Green | Posted 05.26.2015 | Business
Harlan Green

Dissolving Fannie and Freddie makes no sense for several reasons. There is no financing model that has yet been created to replace their securitization structure that in effect guarantees almost all conforming and Hi-Balance conforming loans, and which account for more than 60 percent of loan originations today.

America's National Housing Policy in 2015: Destination Unknown

Garrick T. Davis | Posted 04.22.2015 | Politics
Garrick T. Davis

America's national housing policy seems, in a word, adrift: rudderless, following the whims of the prevailing political winds of the day, the ebb and flow of the ocean's tides, wherever they might take us.

Setting the Record Straight on 97 Percent LTV Mortgages -- They Work

Garrick T. Davis | Posted 03.31.2015 | Business
Garrick T. Davis

Mortgage guarantor giants Fannie Mae and Freddie Mac both recently announced their intent to once again begin purchasing mortgage loans at 97 percent loan-to-value (LTV) in the case of first-time homebuyers.

Fannie Mae And Freddie Mac May Help End Homelessness In America

The Huffington Post | Robbie Couch | Posted 02.02.2015 | Impact

Two organizations synonymous with the 2008 financial crisis could play vital roles in helping America's most vulnerable residents get off the streets....

Funding for National Housing Trust Fund a Reality

Deborah De Santis | Posted 02.17.2015 | Politics
Deborah De Santis

The Trust Fund is not the panacea. It will go a very long way, providing funds for bricks and mortar, creating more affordable housing for thousands of Americans, but the operational and service side so vital to affordable housing will continue to rely on other federal programs.

New Help for Low-Income Renters: Housing Trust Fund Gets Funding

Andre Shashaty | Posted 02.15.2015 | Politics
Andre Shashaty

Low-income Americans in search of rental housing they can afford got an early Christmas present Dec. 11 when it was announced that the National Housin...

Top Mortgage Firms To Offer Downpayments As Low As 3 Percent

Reuters | Posted 02.07.2015 | Business

The two top mortgage finance firms launched programs to allow more borrowers to make downpayments as low as 3 percent of a property's value.

As America Becomes More Diverse, Lending Barriers to Minority Homeownership Demand Serious Leadership

Garrick T. Davis | Posted 01.19.2015 | HuffPost Home
Garrick T. Davis

Recently released mortgage disclosure data findings indicate that a majority of future U.S. households could face significant challenges in achieving homeownership.

A Homestead Act for the 21st Century

Stephen G. Cecchetti | Posted 01.03.2015 | Business
Stephen G. Cecchetti

Mortgage subsidies through federal agencies are the modern-day version of the Homestead Act. But unlike the land grants of the 19th century, government loan subsidies have proven to be a rather bad idea.

Future Homebuyer Pockets Picked By Washington Lawmakers

Garrick T. Davis | Posted 12.15.2014 | Politics
Garrick T. Davis

The homebuyer of tomorrow should not be asked to pay for the fleeting temporary tax reduction and unemployment benefit extension of yesterday.

Why and How to Eliminate Mortgage Charges by Third Parties

Jack M. Guttentag | Posted 12.13.2014 | Business
Jack M. Guttentag

Third-party settlement costs could be eliminated by implementation of one simple rule: any service required by lenders as a condition for the granting of a home mortgage must be purchased and paid for by the lender.