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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Homes Millbrae Pages
Tag Archives: 1 Billion
Fannie Mae’s New CEO: ‘Comfortable’ With Decision Not to Slash Mortgage Balances
Fannie Mae is no longer bleeding cash, at least for now. After devastating losses since 2008, the mortgage giant reported its second straight quarter of positive net income, even after making a $2.9 billion dividend payment to the U.S. Treasury. … Continue reading
Posted in Real Estate News
Tagged 1 Billion, Balance Sheet, Bottom Line, Cnbc, Dividend Payment, Fannie Mae, First Quarter, Foreclosures, Guaranty, homes millbrae, Housing Market, Improvements, Improving Home, Loan Loss Reserves, Mortgage Delinquencies, National Housing, Net Income, Second Quarter, Single Family, Straight Quarter, U S Treasury
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Government Mortgage Bailout Numbers Still Weak
Page 1 of 3 | Next PageShow Entire Article The US Treasury just released its latest “scorecard” on the state of the government’s housing bailout. The numbers are still weak, compared to the overall picture. In May, 32,398 borrowers got … Continue reading
Posted in Real Estate News
Tagged 1 Billion, Borrowers, Boston Red Sox, Cyclicals, Foreclosure, Forgiveness, Government Mortgage, homes millbrae, Housing Bailout, Hurdle, Mortgage Bailout, New Numbers, New York Times, Pittance, Principal Balance, Principal Reduction, Scorecard, Stake, Trial Period, Us Treasury, Web Firm
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New Push to Unload Bank-Owned Properties Squeezes Out Investors
Page 1 of 4 | Next PageShow Entire Article As big banks and Fannie Mae and Freddie Mac [ FMCC 0.373 +0.0145 (+4.04%) ] push foreclosures through the pipeline, the inventory of REO (bank-owned) properties is rising. That pushes distressed and … Continue reading
Posted in Real Estate News
Tagged 1 Billion, Bank Owned Properties, California Median Home Prices, Closing Costs, Debt Limit, Distressed Sales, Fannie Mae, Fannie Mae And Freddie Mac, Fmcc, Fnma, Freddie Mac, Great Depression, homes millbrae, Incentives, June 14, Median Home Prices, Note However That, Oct 31, Owner Occupant, Owner Occupants, Single Family
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