Industry News - Residential Lending
| 03-10-2010
- A Balance Sheet Solution to the Economic Crisis |
| The following is commentary by Dr. Tom McPeak, Ph.D., regarding private transfer fee covenants.
Real estate projects across the country have stalled, resulting in widespread unemployment.(1) It |
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| 03-04-2010
- Mortgage Rates Drop |
| Last week, mortgage rates have dropped, lowering borrowing cost. |
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| 01-14-2010
- Mortage Rates Drop |
| For the second week straight, U.S Mortgage rates dropped making borrowing cost low and home more affordable. |
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| 12-29-2009
- Fannie Mae Redemption |
| Fannie Mae (FNM, Trade ) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
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| 11-24-2009
- Home Values during the Third Quarter Dropped |
| During the third quarter home prices continued to decrease. Home values dropped 3.8 percent from last year and is the smallest drop since the first quarter of 2008. Foreclosures have affected home values to continue to decrease. |
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| 09-30-2009
- Fewer Americans Planning to Buy Homes |
| In September fewer Americans reported to the Conference Board they were going to buy a home within six months signaling the governments first time home buyer credit may be fading. |
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