Fannie Mae and Freddie Mac have both increased their monthly origination forecasts for the year slightly.Both government-sponsored enterprises increased their projections to about $2.4 trillion from $2.3 trillion. Fannie Mae said in its report Wednesday that this would be a decline of 39% from last year's record level but would still make 2004 the third strongest origination year ever. Fannie Mae can be found online at http://www.fanniemae.com and Freddie Mac can be found online at http://www.freddiemac.com.
-
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









