| Mar 22, 2012 9:28AM This is the third of three evaluation reports released today by the Federal Housing Finance Agency's (FHFA) Office of Inspector General (OIG) regarding the oversight of activities of the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac by FHFA. This evaluation concerns the GSEs participation in the 2011 Mortgage Bankers Association (MBA) Convention and Exposition. MBA's event was held at the Hyatt Regency Hotel in Chicago from October 9 to 12, 2011. The annual convention was attended... Mar 22, 2012 3:44PM Mortgages Rates enjoyed a second day of doing something other than frantically rising or merely holding sideways. Rate offerings at most lenders improved just slightly though some lenders recalled initial rate sheets for moderate increases late in the day. This keeps Best-Execution at 4.0% but yesterday's thoughts on Best-Ex being more subjective at current levels remain in effect: 4.0% is advantageously priced at most lenders in terms of the relative cost or savings to move down or up in rate respectively...
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