Replies to our latest survey question are running strongly in favor of the idea that Fannie and Freddie should be allowed to increase their portfolios to enable them to provide liquidity to the subprime mortgage market.As of midday Friday, the tally stood at 149 yeas and 61 nays. To go to the survey, see the left column of the NMN home page.
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Title insurers, whose activity is highly correlated to mortgage production, wrote $15.1 billion in premiums during 2023, down from $21 billion in 2022 and $26.2 billion for the year before that.
9h ago -
The Federal Open Market Committee held the federal funds rate at current levels, citing "lack of further progress" toward meeting inflation goals.
10h ago -
Both quasi-public mortgage investors have new requirements for when borrowers question valuations. Freddie Mac is expanding use of title insurance alternatives.
10h ago -
A new policy directive aims to fortify critical infrastructure by enhancing collaboration between U.S. intelligence agencies and systemically important financial entities.
May 1 -
Mark Warren and Thom Tillis have introduced the Secure Artificial Intelligence Act of 2024 to address the unique risks of AI.
May 1 -
The April 26 update came two days after the group received preliminary approval for the Sitzer/Burnett agreement.
May 1