Aug 10, 2011 1:23PM Have a bright idea about how the government can best liquidate the current huge inventory of owned real estate (REO) currently held by FHA, Fannie Mae and Freddie Mac? Here is your chance to be heard. The Federal Housing Finance Agency (FHFA), the conservator of the two government sponsored enterprises (GSE) in conjunction with the Departments of Treasury and Housing and Urban Development (HUD) are requesting options for selling or otherwise putting the houses into useful service. The three issued... Aug 10, 2011 12:47PM The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending August 5th, 2011. On May 18th, 2011 we wrote: "Right now we're witnessing the beginnings of a mini-refinance boom in the primary mortgage market, but there has been little activity in the secondary market that would indicate increased rate locking by consumers." says MND's Managing Editor Adam Quinones. "However, if conventional 30-year rates reach 4.25%, we'd expect to see a mini-boom...
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