Fannie Mae’s May Economic & Housing Outlook predicts strong demand along with improved affordability points to a rebound in the housing market in 2019. Fannie Mae said, "Pending sales and purchase mortgage applications are trending upward, while the lower mortgage rate environment and builders’ renewed focus on modestly sized homes are likely to support affordability.".
Negative equity rate drops at a record pace Negative-equity levels are at record highs as lengthening loan terms, rising transaction prices and falling used-vehicle values combine to take a toll on consumers and the industry. In the first.
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At the second anniversary of the current economic expansion, housing remains stuck in a rut according to Fannie Mae’s Economic Outlook for June. it could jeopardize the projected moderate rebound.
Washington – Federal Reserve Chairman Ben Bernanke urged Congress Tuesday to bolster regulation of mortgage giants Fannie. Mae and Freddie Mac, and suggested limiting their massive holdings to.
The Federal Housing Finance Agency initiated litigation against 18 financial institutions involving allegations of securities law violations and, in some instances, fraud in the sale of private-label securities (PLS) to Fannie Mae and Freddie Mac. Below is a list of the cases, with amounts of any settlements reached in 2013 and 2014. 1.
Home affordability drops in second quarter mortgage lending boom? equifax reports massive increase in home credit Control who has access to your equifax credit report. It’s free. Equifax is helping put you in control of your Equifax credit report. With Lock & Alert, you can quickly and easily lock and unlock your Equifax credit report with a click or swipe, and we’ll send a confirmation alert. 1.Freddie Mac publishes single-family loan-level data for all fixed-rate mortgages freddie mac Releases Additional Loan-Level Data | Buckley. – · Freddie Mac. On March 21, Freddie Mac released historical loan-level credit performance data on a portion of the fully amortizing 30-year, fixed-rate single-family mortgages it purchased during the past 13 years. The data-set is comprised of 35 loan-level data elements, including credit score, loan purpose, actual unpaid principal balances, and repurchase flag, and covers.Accordingly, families earning the median income accounted for 69.3% of the new and existing homes sold in the second quarter. According to the recent index, the decline in home affordability represents the biggest drop since the second quarter of 2004. Conditions unique to this recovery have contributed to the recent decline in housing.
WASHINGTON, April 18, 2019 /PRNewswire/ — Headline economic growth for 2019 continues to be forecast at 2.2 percent, down from 3.0 percent in 2018, according to the Fannie Mae Economic and..
Homeownership still considered best long-term investment: Pew “The rule historically has been the best long-term investments that individuals and families have made has been in their home,” said Gardner. Home ownership also helps buyers because real estate is.
· When 2009 dawned, no one knew whether the global financial crisis that had burst into full bloom the previous autumn would develop into the second Great Depression. Twelve months later, what many called the Great Recession showed signs of.
Opinions, analyses, estimates, forecasts, and other views of Fannie Mae’s Economic & Strategic Research (ESR) Group included in these materials should not be construed as indicating Fannie Mae’s.
Following more than two years of dwindling refinance mortgage demand, respondents in the Fannie Mae Mortgage Lender Sentiment Survey were more likely to report increased interest in this type of.
In its latest economic forecast, released Wednesday, Fannie Mae reported that housing remains the weakest. of-the-year predictions that spring itself would usher in a steady rebound in housing..
Recent indicators suggest the US is experiencing a moderate rebound in economic growth in the current quarter following a temporary drop in activity in the first quarter, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research (ESR) Group. The strong US dollar and challenges in the oil.