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Ginnie Mae MBS Outstanding Issuance Approaches $2 Trillion

On Thursday, Ginnie Mae—the government-owned corporation that attracts global capital into the housing finance system—announced that issuance of its mortgage-backed securities (MBS) totaled $36.41 billion in January 2018. This brings Ginnie Mae’s total outstanding principal balance to $1.924 trillion, up ...

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FEMA Aid for Some Displaced Puerto Ricans Running Out

hurricane maria

At the beginning of February, HUD announced that $1.5 billion in aid was being allocated toward Puerto Rico’s recovery from a brutal hurricane season, designed to “support long-term recovery of seriously damaged housing and local businesses in Puerto Rico,” according ...

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Freddie Mac Takes Q4 Hit

Like its sister agency, Freddie Mac this week reported large Q4 losses that will require government bailout money for the first time since 2012. The major difference is that Freddie won't need as much money as Fannie Mae. On Thursday, ...

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Exploring Ethics in REO

homebuyers

On Thursday, February 15, from 2:00 p.m. to 3:00 p.m. CST, the Five Star FORCE (The Federation of REO Certified Experts) will host the “Ethics Matter” webinar. The presentation will focus on the value of ethics in real estate as ...

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Is the Sky Falling Over the Housing Market?

Editor's note: This story was originally featured in the February issue of DS News, out now. As we go deeper into 2018, it’s safe to say the housing industry is poised for further growth. More first-time homebuyers are reported to be flooding ...

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Best Housing Rental Investment Markets for 2018

According to CoreLogic Chief Economist Dr. Frank Nothaft, single-family rental stock has been booming in recent years, with CoreLogic reporting an increase by more than one-third over the past decade. But like the old saying goes, rental investment is all ...

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Fannie Posts Q4 Losses, but Remains Optimistic

On Wednesday, Fannie Mae released its Q4 2017 financial statement, and as expected, the GSE posted major losses for the quarter. It also posted an annual revenue in 2017 that was nearly $10 billion down from 2016. By the end ...

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