Monthly Archives: May 2012

Mortgage Delinquency Rate Falls To 2008 Levels, And Other Good Housing News

Declining Delinquency Rates According to a report, released May 16th from the Mortgage Bankers Association (“MBA“), the U.S. mortgage delinquency rate declined in the first quarter of 2012 to the lowest level since 2008. Specifically, the delinquency rate for residential mortgage loans decreased to a seasonally adjusted rate of 7.40 percent as of the end … Continue Reading

Future With Fannie and Freddie Lesser Evil Than With Wall Street?

A Rare Point of Agreement Margaret Chadbourn of Reuters recently reported {April 23} that both Republicans and Democrats have “found a rare point of agreement.” They want to phase out or at least substantially reduce the role of the Federal National Mortgage Association (Fannie Mae ) and the Federal Home Loan Mortgage Corporation (Freddie Mac … Continue Reading
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