LAS VEGAS — ACUMA panel says the loans offer a better deal than 30-year mortgages.
WASHINGTON—Freddie Mac CEO Donald Layton urged housing finance executives Oct. 28 to focus less on the fate of his company and Fannie Mae and more on the lending infrastructure the two have marshaled.
WASHINGTON—A panel of three housing finance executives and one regulator expressed strong confidence the 30-year, fixed rate mortgage will remain a key element of the U.S. housing finance market.
WASHINGTON — Sen. Elizabeth Warren says regs may be needed anew on bundled mortgage-backed securities.
WASHINGTON — Panel of bankers, regulators see no end in sight for 30-year, fixed-rate mortgage.
WASHINGTON — Freddie Mac CEO Donald Layton talks housing finance GSEs to mortgage bankers' confab.
WASHINGTON — FHFA's Edward DeMarco says agency will give market time to react.
ACUMA says declining use of mortgage preapprovals by banks is a gift to credit unions.
The U.S. housing finance market may be poised for a historic shift away from a long trend of primarily refinancing existing real estate loans to primarily funding new real estate purchases.
The bulk of credit union and CUSO mortgage programs will see minimal impact from Fannie Mae and Freddie Mac limiting the secondary market to only qualified mortgages, according to credit union and CUSO executives.