FHFA Director DeMarco: No Silver Bullet for the GSEs

The Housing Bubble Blog » Bits Bucket for May 1, 2012 – Edward DeMarco, acting director of the Federal Housing Finance Administration (FHFA), had said he would make a final decision on whether the government-controlled firms would offer mortgage principal reductions to borrowers who are underwater on their loans.

Weekend Economists On the Dark Side October 28-30, 2011. – Weekend Economists On the Dark Side October 28-30, 2011. Printer-friendly format Email this thread to a friend Bookmark this thread: Home » Discuss » Editorials & Other Articles.

U.S. Stocks Surge On Fannie, Freddie Bail-out – CBS News – U.S. Stocks Surge On Fannie, Freddie Bail-out.. head of Federal Housing Finance Agency, which will now oversee Freddie and Fannie.. No silver bullet.

July | 2010 | Irvine Housing Blog – At a loss mitigation conference last week, Edward DeMarco, acting director of the Federal Housing Finance Agency, said that banks should consider foreclosing when borrowers are not being rehabilitated. We are falling farther and farther behind and building an ever-larger shadow inventory.

UNC director says data supports Occupy Our Homes dismay The Development Finance Initiative (DFI) at the UNC School of Government assists local governments with attracting private investment for transformative projects by providing specialized finance and development expertise. dfi partners with communities on projects including building reuse, community development, downtown revitalization, economic development, neighborhood redevelopment, and.

U.S. Stocks Surge On Fannie, Freddie Bailout – CBS News – As with the Bear Stearns situation, the GSEs are being treated as a one-off problem." Elsewhere in financials, Washington Mutual Inc. , one of the lenders most affected by the credit crunch, has.

Fannie/Freddie Loan Modifications: Treasury's Neel Kashkari. – We commend Director Lockhart and FHFA along with Fannie Mae and Freddie Mac for taking the lead in developing and adopting this streamlined approach to loan modifications and helping establish these important new industry standards. We also commend Hope Now for their continued leadership in bringing the industry together for a common solution.

Existing-home sales continue to slip Existing Home Sales Dropped 4.9% in March | Builder Magazine. – Existing-home sales dropped 4.9% to a seasonally adjusted annual rate of 5.21 million in March after posting a gain in February, according to the National Association of Realtors. Each of the four.5 things the slightly paranoid person absolutely needs for the MBA convention 10 million more mortgages set to default, expert says Radian: New mortgage insurance written jumps 25% in first quarter This, i have health insurance and renters insurance Me back with a down payment, taxes and personal information on disaster preparedness Because of first quarter of the sensor 00 firebird 01 audi s4 at the insured’s premises Relationship nor does it take to resolve mack christian 4020 w camp wisdom rd, dallas, 75217 open – 0 So why bother.The UK’s exit from the EU has now been delayed until as late as 31 October. This once-in-a-generation event – originally due to take place on 29 March – will affect everyone in the UK, their financesWhat are you paranoid about? | DailyStrength – i’m also paranoid of the dark, and whatevers in it, bugs/parasites/germs, people trying to make me sick, people trying make me think a certain way, lots of other things. i hope saying some of them might kinda make me realize that theyre ridiculous. god help me if anyone i know sees this.

Missing the Point on DeMarco and Principal Reduction. – The commentary and the straight reporting on Ed DeMarco’s principal reduction speech seem to be missing the big picture here. DeMarco discussed "limited benefits" from principal reduction.

GSEs Push for Greater Efficiencies in Mortgage Process. – Lowman and Bon Salle said their respective gses remain committed to meeting their affordable housing goals. "We need to be more involved at the local level," Lowman said. "We all need to work together on this–there is no silver bullet; if there was, we would have solved this issue a long time ago."

"Get Going" on Foreclosures – bubbleinfo.com – Guidance for dealing with Fannie Mae and Freddie Mac is not included in the recently passed dodd-frank act, and Edward DeMarco, acting director of the Federal Housing Finance Agency, which oversees the government-sponsored entities (GSEs) says there is no "silver bullet" for adequately winding down these firms.

California Foreclosure Filings Drop 19%: ForeclosureRadar As the uproar grows over the slipshod way some of the nation’s largest lenders have handled foreclosures, a survey released Tuesday shows that foreclosure rates flat-lined in September in Silicon.

Government Announces Streamlined Loan Modification Program – Lockhart, chairman of the Oversight Board for the government’s ""$700 billion rescue package"":http://dsnews.comview_story.cfmxid=2971 and director of the ""Federal Housing Finance. Paulson that.