Category Archives: Secondary

FHFA Says Private Investors Will Fill Fed’s MBS Buying Role

The Federal Housing Finance Agency is determined to continue its mission of shrinking the balance sheets of Fannie Mae and Freddie Mac and plans only to add product when the two need to buy delinquent mortgages out of delinquent MBS pools.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_541/private-investors-mbs-buying-role-1028986-1.html

Expansion Plans Well Underway

All of the major mortgage industry economists are predicting that 2012 will see a decline in originations from 2011. Yet, instead of retrenching, several organizations are predicting increased volume and acting upon that by expanding their retail branch networks.

Article source: http://www.nationalmortgagenews.com/on_features/expansion-plans-underway-1028974-1.html

Fannie’s Multifamily REMIC Draws New Bidders

Fannie Mae’s second multifamily DUS REMIC of the year drew several new investors that one of its executives said were attracted by the deal’s relatively strong debt-service coverage ratio, LTV and diversified collateral pool.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_540/fannie-multifamily-remic-bidders-1028941-1.html

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