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Freddie Mac

Will Fannie and Freddie's Investors Finally Succeed?

Harlan Green | Posted 07.22.2015 | 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 05.19.2015 | 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 05.04.2015 | 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.

Why Not Use Fannie and Freddie to Make a Better Primary Market, Instead of Scrapping Them?

Jack M. Guttentag | Posted 12.09.2014 | Business
Jack M. Guttentag

The phase-out of Fannie Mae and Freddie Mac, which have now been in conservatorship for 6 years, is on indefinite hold. Terminating them without an ef...

Zach Carter

Newt Gingrich And Julian Castro Explain Why America Can't Have Nice Things

HuffingtonPost.com | Zach Carter | Posted 09.17.2014 | Politics

WASHINGTON -- There's something disconcerting about watching Newt Gingrich take the stage to deliver a policy speech in 2014. To most Americans, ...

Needed: Housing Reform That Protects Property Rights

Ken Blackwell | Posted 10.04.2014 | Politics
Ken Blackwell

A monumental opportunity has presented itself as Julian Castro, former mayor of San Antonio, takes over as the new Secretary of Housing and Urban Development and Congress looks ahead on the critical issue of housing finance reform.

Zach Carter

Why Barney Frank Thinks Democrats Will Wrest Corporate America From The GOP

HuffingtonPost.com | Zach Carter | Posted 08.03.2014 | Politics

WASHINGTON -- Congressional battles over the Export-Import Bank and terrorism insurance are an opportunity for Democrats to win back corporate elites ...

Zach Carter

Warren's Mortgage Reforms Divide Progressives

HuffingtonPost.com | Zach Carter | Posted 07.14.2014 | Politics

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) is dividing Wall Street critics in Congress by leading talks regarding a controversial Fannie Mae and Fr...

Has Anyone Heard of the Uniform Law Commission?

Joel Sucher | Posted 09.08.2014 | Politics
Joel Sucher

I doubt many American know anything about this group composed mainly of business and real estate lawyers and now engaged in drafting something called the Home Foreclosure Procedures Act.

Big Press on Bank of America Treatment of Whistleblower Michael Winston -- But, You'll Have to Read German!

Jerry Ashton | Posted 09.07.2014 | Business
Jerry Ashton

Germany's respected Handelsblatt, that country's parallel to the Wall Street Journal, recently devoted an entire section and a featured interview to the deliberate and ongoing crushing of American Michael Winston's finances and spirit by one of our country's largest banks.

The Case for Restoring the 97% LTV Mortgage at Fannie Mae and Freddie Mac

Tino Diaz | Posted 09.01.2014 | Politics
Tino Diaz

Keep in mind, Fannie Mae and Freddie Mac already purchase 97% LTV mortgages from state housing finance agencies throughout America. Why not reinstate this policy to help restore sustainable homeownership for responsible everyday borrowers while also helping to jumpstart America's economy?

Send In the Clowns

D. Sidney Potter | Posted 08.03.2014 | Business
D. Sidney Potter

Since time memorial, man has been motivated by an easy buck and short skirts. The recent frenzy of mortgage lenders to repeat the mistakes of history may be upon us again, as some lenders are experiencing 'greed creep' all over again.

Underwater America: Will President Obama, Mel Watt and Wall Street Finally Do the Right Thing for Troubled Homeowners?

Peter Dreier | Posted 07.21.2014 | Politics
Peter Dreier

The Obama administration did too little, too late, to help troubled homeowners, who faced plummeting home prices and the risk of foreclosure. The most important thing they can do is get Fannie Mae and Freddie Mac to adopt principal reduction.