FHFA Director DeMarco: No Silver Bullet for the GSEs

No mortgage mods for many of the jobless.. fhfa director demarco: No "Silver Bullet" for the GSEs.. With the recent turnover in leadership at the Federal Housing Finance Agency, we may be.

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FHFA Director DeMarco: No Silver Bullet for the GSEs FHFA Director DeMarco: No "Silver Bullet" for the GSEs.. He said that streamlined and transparent loss mitigation is "critical" to saving the GSEs. In the Q&A, DeMarco told an attendee that the FHFA believes the area of principal forgiveness remains "fraught with difficulty,"

RealtyTrac reports foreclosure filings rise 3% in January Property foreclosure filings in US down slightly in the first half of 2010 property foreclosure filings in the US dropped 5% over the first half of 2010 as lenders continue to delay proceedings to focus on short sale and loan modification efforts, according to a new report.

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The problem is that FHFA director Ed DeMarco is resisting the realization that all three of these options maximizes the interests of the GSEs and thus the US taxpayer. A bit of background: Fannie and Freddie a) are currently 80% owned by taxpayers and b) hold or insure millions of mortgages, many of which are underwater.

FHFA Director DeMarco: No Silver Bullet for the GSEs FHFA Director DeMarco: No Silver Bullet for the GSEs 7 cities not foreign to the words twister, cyclone, tornado AppraiserLoft closes its doors, workers told firm insolvent: Sources According to the 2010 US Census data and the Survey of Income and Participation Program, working from home is on the rise: back in 1999, 9.5 million reported working from home for at least one day per week, and that number has increased to 13.4 million, equal.

FHFA Director DeMarco: No Silver Bullet for the GSEs 7 cities not foreign to the words twister, cyclone, tornado AppraiserLoft closes its doors, workers told firm insolvent: Sources According to the 2010 US Census data and the Survey of Income and Participation Program, working from home is on the rise: back in 1999, 9.5 million reported.

Foreclosure shadow inventory will take more than 40 months to clear: Fitch ioning of the nation's housing finance system, the Enterprises would be unable to. and loan demand has slowed, advances have been steadily. FHFA also issued more than a half-dozen HERA-man.. three-month treasury bill rate (the TED spread, a.. evidence of “shadow inventory,” and mortgage.