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Next Week Could be Crazy (Obviously); Fannie/Freddie Report Higher Profits; Forbearances Increasing or Just Reinstating?
Both GSEs reported financial results for the third quarter of 2020 that were significantly higher than both their Q2 2020 and their 2019 numbers . Fannie Mae’s net and its comprehensive incomes were $ 4.2 billion and Freddie Mac’s net and comprehensive incomes came in at $ 2.5 billion and $ 2.4 billion, respectively. Fannie […]
‘Massively concerning’ jobs report sends a signal that the economic recovery could be fading – CNBC
‘Massively concerning’ jobs report sends a signal that the economic recovery could be fading CNBC…(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it. Around The Web
New Refinancing Fee Could Roil Mortgage Market
New Refinancing Fee Could Roil Mortgage Market This fee could cost homeowners thousands of dollars, which will destabilize the market and take away opportunity. Media Contact: Patrick Newton 202-383-1290 Fannie Mae & Freddie Mac (GSEs)
Coronavirus relief stalemate could drag on for weeks
Progress toward a coronavirus aid deal in Washington is nonexistent as millions wait to see whether they can afford food and housing….(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it. Around The Web