Now that the U.S. Government (meaning US, the taxpayers) are on the hook for an “unlimited” amount of losses from Fannie Mae and Freddie Mac, how high might those losses go? Article from CNBC
Archive of posts tagged Freddie Mac
One Minor Oversight in the Financial Reform Legislation – Fannie Mae and Freddie Mac
If financial reforms are, in fact, going to have a solid impact on the likelihood of preventing another mortgage/financial crisis from occurring in the future, it would make sense that the two GSEs (Fannie Mae and Freddie Mac) would have been addressed in this legislation. Are the Democrats planning to abolish Fannie and Freddie in [...]
Freddie Mac Releases Their 26th Annual ARM Survey Report
In January of 2010, Freddie Mac released their 26th annual report on adjustable rate mortgages. The mortgage market has been clearly dominated by fixed rate products for obvious reasons–50 year record low interest rates. However, among buyers who preferred ARM products, the 5/1 hybrid ARM was the most popular. A hybrid ARM is fixed for [...]
Freddie Mac Reported Nationwide Home Prices Rose 0.9% in Q3 2009
Freddie Mac announced in December of 2009 that its Conventional Mortgage Home Price Index rose by 0.9% (3.8 percent annualized) NATIONWIDE during the third quarter 2009. They also stated an upward revised 2.0 percent pickup (8.2 percent annualized) in the second quarter. Their estimate reflected two consecutive quarters of national home price improvements. I believe [...]
Freddie Mac Reported Nationwide Home Prices Rose 1.7% in Q2 2009. Revised Q1 2009 To A 1.7% Decline
Freddie Mac reported on September 1, 2009 that their national home price index showed a 1.7% increase. They also revised their Q1 2009 to a 1.5% decline (-5.9 annualized). Original Article from Freddie Mac
Freddie Mac Reports Home Prices Only Fell 0.4% From Q4 2008 To Q4 2009
Here’s an interesting report from Freddie Mac that was just released in March of 2010 that says their data indicates home prices fall at a very small rate nationwide from the last quarter of 2008 to the last quarter of 2009. Their official number puts the NATIONWIDE PRICE DECLINE at just 0.4%. Compared to the [...]
