Tag Archives: Fannie Mae And Freddie Mac

Why shut down Fannie and Freddie now?

After Fannie and Freddie were put into conservatorship, the Treasury began buying senior preferred shares of stock in the two, thereby keeping them afloat and fueling the nation’s mortgage market for the foreseeable future. During the next several years, as … Continue reading

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Fannie, Freddie are cash cows—why shut them down?

After Fannie and Freddie were put into conservatorship, the Treasury began buying senior preferred shares of stock in the two, thereby keeping them afloat and fueling the nation’s mortgage market for the foreseeable future. During the next several years, as … Continue reading

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Mortgage rates same for loans big and small

“It’s a confluence of events, really, and all of them help the spread between jumbo and conventional loans,” said Matthew Graham, COO of Mortgage News Daily. “Nonagency jumbo lenders began dipping their toes in the water as early as 2011, … Continue reading

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He’s not buying a house—why is Obama on Zillow?

The 30-minute interview touched on refinancing, reforming the mortgage market, including the dismantling of Fannie Mae and Freddie Mac, and helping low-income people who want to be homeowners. It seemed almost scripted by White House staffers, although a White House … Continue reading

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Rising Rates Scare Borrowers Into Action

Roughly 10 million refinances took place over the past two years, although that may include borrowers who have refinanced more than once, according to Inside Mortgage Finance. From mid-2011 to mid-2012, rates dropped by 100 basis points, making it worthwhile … Continue reading

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