U.S. Role in Mortgage Market Grows Even Larger
Wednesday, March 16th, 2011The U.S. government’s massive share of the nation’s mortgage market grew even larger during the first quarter.
A Surprise Tax Hit on Foreclosures
Wednesday, March 16th, 2011For People Who Lose or Walk Away From Their Homes, A Big Tax Bill May Loom.
Fannie Mae asks for more federal aid after Q1 loss
Wednesday, March 16th, 2011Fannie Mae (FNM.N), the largest U.S. residential mortgage provider, on Monday reported a net loss of $13.1 billion in the first quarter and said it tapped the Treasury for additional aid of $15.3 billion.
Hey, Mortgage Industry: Nobody Trusts You
Wednesday, March 16th, 2011The mortgage banking industry knows it’s not the most popular kid on the block right now, but it tried to put a positive face on the state of the industry during a convention in New York on Monday.
Oh, Canada! What We Could Learn From Your Mortgage Market
Wednesday, March 16th, 2011One of the biggest rounds of applause at a housing-policy conference sponsored by the Federal Reserve Bank of Cleveland this week was for Virginie Traclet, a soft-spoken researcher from the Bank of Canada. All the French-born Ms. Traclet had to do was describe Canada’s mortgage market.
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