Tag Archives: Fannie Mae

TRID: Into the Great Unknown

Amid all the consternation about the looming TILA-RESPA Integrated Disclosure (TRID) Rule effective date of October 3, one analyst believes that the biggest unknown about TRID is just that—unknown. Until October 3, buyers will use the HUD-1 Settlement Statement containing a good faith estimate for closing the loan that has been in use for 40 years; […]

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FHA to lower cost of mortgage insurance

In an effort to make owning a home more affordable, the Federal Housing Administration will dramatically cut the costs associated with the mortgages it backs. Premiums for FHA mortgage insurance, which is designed to protect the agency in case a borrower defaults on a loan, will be cut from 1.35% of a loan’s value to […]

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Overall Economic Outlook Positive, But Housing Loses Momentum

A second quarter housing rebound combined with an upward movement in economic activity in the first quarter has seemingly given a boost to 2014 full-year economic expectations, according to the August 2014 Economic Outlook put together by Fannie Mae’s Economic and Strategic Research Group. The housing market lost momentum in this same time period, however, […]

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Housing Confidence Up but there is Room to Grow

Consumers believe that their outlook is getting better. But they are not necessarily ready to participate in the housing market just yet. The June Housing Survey released by Fannie Mae shows that consumer sentiment toward the housing market is continuing to improve as the overall economic outlook improves but it still sits well below the […]

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Housing Recovery Unmoved by Rising Interest Rates

Mortgage rates may be rising, but the housing market doesn’t seem to mind. In fact, several indicators have improved alongside rising rates, according to the HousingPulse Tracking Survey released by Campbell Surveys and Inside Mortgage Finance this week. The lending atmosphere is becoming friendlier, especially to first-time buyers. Simultaneously, the average time on market for […]

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Consumer Confidence Surges with Recent Home Price Gains

http://www.dsnews.com/articles/confidence-in-home-price-gains-reaches-record-level-2013-05-07 According to Fannie Mae’s Monthly National Housing Survey, optimism over the health of our Nation’s Housing Market, based on increasing home values, saw a continued growth in the month of April.  This was the first month in over 3 years that more than half the surveyed home owners responded that they anticipated future price […]

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