BLACKPRESSUSA.COM NEWSWIRE — In late May, Trump announced he is “giving very serious consideration” to taking Fannie Mae and Freddie Mac public again. These government-backed mortgage...
NNPA NEWSWIRE — Often misunderstood, title insurance is a product that comprehensively protects homeowners’ property rights and their lenders’ financial interest in a property. It is...
NNPA NEWSWIRE — Homeownership, historically a reliable building block to family wealth, is more of a challenge today for first-time homebuyers. As of 2022’s first quarter,...
NNPA NEWSWIRE — “Yet even today, with all those credentials and as one of the leading executives on Wall Street,” wrote Raymond J. McGuire, Citi’s Vice...
NNPA NEWSWIRE — “As we consider housing finance reform and work to address the structure of our housing finance system, it is a priority for me...
PASADENA JOURNAL — One of the biggest obstacles confronting low- and moderate-income home buyers is coming up with the 20 percent down payment that many financial...
MARCY GORDON, AP Business Writer WASHINGTON (AP) — Mortgage giant Freddie Mac reported net income of $4.2 billion for the second quarter, up sharply from the...
Nate Raymond and Jonathan Stempel, REUTERS NEW YORK (Reuters) — A U.S. judge on Monday ruled that Nomura Holdings Inc (8604.T) made false statements in...
(Politico) – Fannie Mae and Freddie Mac regulator Mel Watt will soon have to dive into the politically thorny debate over affordable housing, an issue that...
By Harry C. Alford NNPA Columnist My time in Washington has given me a real primer on the phrase “flavor of the week.” This week, all...
(Reuters) – The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a...
By William Reed NNPA Columnist Many Blacks are saying “shame on” the U.S. Senate Republicans for the recent blow they dealt to President Barack Obama’s...
(Reuters) – Bank of America Corp was found liable for fraud on Wednesday over defective mortgages sold by its Countrywide unit, a major win for the...
By Charlene Crowell NNPA Columnist As part of the 43rd annual Congressional Black Caucus Foundation Conference, the National Association of Real Estate Brokers (NAREB) unveiled new...
[REUTERS] Expectations the Federal Reserve will slow its economic stimulus program by the end of the year pushed mortgage rates higher last week, sapping demand from...
