Cart

Inside Mortgage Finance

February 29, 2008

View Archived Issues

GSEs Tighten Delivery Requirements Further As Housing Market Continues to Deteriorate

Freddie Mac late last week announced a new round of pricing increases and tighter product eligibility rules designed to compensate the government-sponsored enterprise for taking on riskier loans in a market that has yet to reach bottom. Separately, both... Read More

Fannie Takes Another Beating in 4Q07, Losing $3.6 Billion; OFHEO to Lift GSE Portfolio Caps

Fannie Mae announced a jumbo-sized $3.56 billion loss in the fourth quarter of 2007 but investors bid up its stock price on Wednesday after federal regulators announced a relatively cosmetic plan to lift portfolio growth restrictions for the government-sponsored... Read More

Freddie Loss At $3.1 Billion

Freddie Mac reported a net loss of $2.5 billion for the fourth quarter of 2007, bringing its full-year results to a $3.1 billion loss. Most of the company’s fourth quarter loss stemmed from mark-to-market... Read More

Lenders Expected to Face Increased Scrutiny As Subprime-Related Litigation Spreads

Litigation related to recent troubles in the subprime market will outweigh the massive legal bloodletting that came from the savings and loan crisis of the 1980s, analysts suggest. The length litigators will go to nab lenders looks to be vast, and courts are... Read More

Alternative Mortgage Market Isn’t Dead Yet, Though Its Pulse Is Getting Hard to Read

Alternative mortgage products that helped drive the market in 2005 and 2006 rapidly fell from favor last year, but several innovations appear to have rooted themselves in the business. According to a new Inside Mortgage Finance ranking and... [Includes three charts] Read More

Bush Administration Voices Opposition to Cramdown Bill As Senate Begins Consideration of Controversial Measure

The Bush administration chimed in with the mortgage industry this week in expressing strong opposition to legislation pending in the Senate that would facilitate mortgage cramdowns for struggling borrowers. At issue is a provision of S. 2636, the Foreclosure... Read More

Government, Private Sector Get More Creative in Offering Solutions to Foreclosure, Housing Crisis

Mounting concerns about the nation’s housing crisis and rising foreclosures have induced additional proposals from government and the private sector, including one from the Office of Thrift Supervision that would involve tradable “negative equity” coupons... Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results