According to the FHFA, the initial goal was to assist in building a Common Securitization Platform (CSP) and support the statutory obligation to ensure the liquidity of the nation’s housing finance markets issued by the FHFA. Taxpayers would also not have to suffer the cost of subsidizing Freddie Mac’s securitization of single-family mortgage loans with the Single Security.
Read More »Real Estate Investors Expanding Property Searches, Broadening Strategies
Visio found that 63 percent more investors are considering purchasing properties over $200,000, while sub-$40,000 deal interest has decreased, compared with last year’s report. Investors are also seeking to enhance their investment return strategy by fixing and flipping homes and building their rental portfolios.
Read More »Aspen Grove Solutions Renews National Appraisal Congress Sponsorship
Aspen Grove’s renewal comes at a time when NAC members are spearheading initiatives designed to address issues impacting the valuations industry—namely barriers preventing entry into the appraisal profession, as well as a lack of standardization in regulations governing apprentice appraisers and routine background checks.
Read More »FHFA Director Watt Outlines Positive Developments for Federal Home Loan Banks
In his speech, Watt highlighted that the FHLBanks are an important part of home financing, in that they provide a source of funding and access to the secondary mortgage market and other services to member institutions, especially smaller institutions that have little access these services.
Read More »Millennials’ Credit Access Not Hindered by Student Loan Debt, Study Shows
The study also shows that both, consumers with student loans and without loans were affected by the changes in the economy and shifts in credit access. Consumers ages 18 to 29 with credit obligations like mortgages, credit card, and auto loans declined significantly between 2005 and 2012.
Read More »Green River Capital Hires New Chief Operating Officer
Provider of REO asset management and loss mitigation services for mortgage servicers, investment firms, and banking institutions, Green River Capital (GRC) recently named Katie Brewer as COO.
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