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Wednesday, March 11, 2015

#Fanniegate Goes Viral on Twitter

#Fanniegate goes viral on Twitter

There’s little middle ground in Fannie Mae, Freddie Mac war of words

by Trey Garrison in HousingWire
http://www.housingwire.com/articles/33177-fanniegate-goes-viral-on-twitter
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Freddie Mac: Mortgage rates at 21-month low

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Shared and taken by Valentina Cirosola, Puglia Italy

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The CFPB needs a regulator of its own

Why is it OK for the bureau to violate the standards it imposes on others?

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The January 2015 international trade deficit decreased 8.4 percent or $3.8 billion from December, to $41.8 billion. 

Exports decreased
 2.9% percent to $189.4 billion, and imports decreased 3.9 percent to $231.2 billion.
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Shared and taken by John Brody, Chapel in Small Village South of Paris  -  A beautiful rainy day about 200 miles into the countryside. Don't even know the town's name.
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The national foreclosure inventory declined 33.2% and completed foreclosures declined 22.5% from January 2014, according to the latest report from CoreLogic (CLGX). -- Trey Garrison in HousingWire http://www.housingwire.com/articles/33198-corelogic-foreclosure-inventory-drops-332-over-last-january
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Nat'l Real Estate Post:
The CFPB coming disaster. http://thenationalrealestatepost.com/new-cfpb-disaster-coming-soon/?
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Shared by Nhu Phuong Pham, Peleș Castle, Romania
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Consumers who believe it would be easy to get a mortgage today jumped to a record-high 54%, Fannie Mae’s February 2015 National Housing Survey found. -- Brena Swanson in HousingWire http://www.housingwire.com/articles/33187-fannie-mae-consumers-think-its-easier-than-ever-to-get-a-mortgage
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The End of the Pre-Approval

Under the new rules, a lender would not be able to require a borrower to submit any information verifying income prior to issuing a pre-approval. -- Ari Karen in NationalMortgageNews.com
http://www.nationalmortgagenews.com/news/origination/the-end-of-the-pre-approval-1046241-1.html?
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Shared and taken by Pasi Hortoma, somewhere in Finland
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