Freddie Mac Archive

No Federal Guarantee, No 30-Year Mortgage

The looming debt ceiling crisis and the federal government shutdown have pushed aside pretty much every other issue in Washington today, but it won’t be too long before one of the major real estate issues facing the federal government...
October 16, 2013

Fannie, Freddie No Longer Have to Borrow from the U.S. to Pay the U.S.

The country’s two secondary mortgage market companies Fannie Mae and Freddie Mac will no longer have to borrow money from the U.S. Treasury to make their quarterly dividend payments to the federal government (in effect borrowing from the Treasury...
August 17, 2012

GOP Debate Sidesteps Fannie, Freddie Reform

By Brian Summerfield, Online Editor, REALTOR® Magazine A subject we’ve talked about a great deal here on the Speaking of Real Estate blog got some play during the Republican presidential debate last night in Jacksonville. (Transcripts are available here.)...
January 27, 2012

Lawmakers Expected to Look at Fannie, Freddie Reform This Spring

Since the market downturn several years ago lawmakers in Washington have been talking about reforming the secondary mortgage market but nothing has come out of Congress yet. This year, though, a lot of progress is expected to be made...
January 17, 2012

Short Sale Affidavit Tweaked to Curb Liability

By Robert Freedman, senior editor, REALTOR® Magazine The affidavit that Freddie Mac requires servicers to obtain in short sales has been changed at NAR’s request to reduce what was seen as an unreasonable amount of liability risk to practitioners....
November 23, 2011

Volcker Speaks: Are the Right People Listening?

By Stacey Moncrieff, Editor in Chief, REALTOR® Magazine In “How Mr. Volcker Would Fix It,” New York Times business writer Gretchen Morgenson examines Paul Volcker’s speech at a Group of Thirty meeting, in which he called for an eventual...
October 23, 2011

Are Your Short-Sale Clients Colluding?

By Robert Freedman, Senior Editor, REALTOR® Magazine A few months ago we heard from real estate practitioners about a short-sale contract addendum that lenders were requiring of borrowers to curb fraud, so we talked with David Sunlin, Bank of America...
August 29, 2011

Yes, White Picket Fences

By Robert Freedman, Senior Editor, REALTOR® Magazine A group of academics writing in a New York Times opinion piece yesterday,  “White Picket Fence? Not So Fast” (Aug. 17, 2011), call for a phasing out of Fannie Mae and Freddie Mac...
August 18, 2011

Have We Learned Anything From the Financial Crisis?

By Brian Summerfield, Online Editor, REALTOR® Magazine When the Bourbon royals took over France again after the violent revolutions and Napoleonic wars that spanned more than two decades through the late 18th and early 19th centuries, the famous French...
May 24, 2011

Midyear Is Here!

By Brian Summerfield, Online Editor, REALTOR® Magazine REALTOR® Magazine’s editors are in Washington, D.C., this week for the 2011 Midyear Legislative Meetings & Trade Expo. Here’s a high-level look at some of what we’ll be covering here at Speaking...