Tag Archives: Fannie Mae

Updated December 2012 Residential Lending Forecast

So many of you responded to a blog last week on forecast residential lending forecasts by Fannie Mae, Freddie Mac and the Mortgage Bankers Association (MBA), with the updated forecasts today from the MBA and Fannie Mae, attached are the latest tables, charts and the respective forecasts from December 2012. Since October 2011, the total …Read more

Housing Markets Improving — As Are Lending Profits

Foreclosures dropped in July 2012 to 58,000 from 69,000 in July 2011 (and 62,000 in June 2012) according to CoreLogic. Half of all foreclosures were from five states: California, Florida, Michigan, Texas and Georgia. Homes tallied 1.3 million in some form of foreclosure (3.2 percent of all homes with a mortgage) compared to 1.5 million …Read more

HARP 2.0

Fannie, Freddie & MBA Forecast Changes Oct 2011 to Nov 2011 The President announced a change to the HARP program (essentially loan modifications to borrowers with loans that are currently held by Fannie Mae and Freddie Mac that are performing but underwater).  The real key to these modifications is that now the lender is no …Read more