Hints and tips:
...The interest rate risk on US Treasuries is similar for both the Fannie Mae 3 and the Fannie Mae 6. What must be the difference? The call component — it’s highly priced. Six points!...
...Email us: robert.Armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Where to find deals in US CRE As the great commercial real estate valuation reset rolls on, the ominous headlines keep coming....
...Though inspired by the great documentarians then holding sway — Robert Frank, Henri Cartier-Bresson — Weems decided that documentary itself was not her form....
...The speaker, Robert Olivo, is an actor, now generally forgotten, but who has marginal immortality for being at the centre of Andy Warhol’s Factory studio scene....
...Letter in response to this obituary: Editor resists temptation to riff on Turner’s hit song / From Robert Hopkins, Former Editor, The Zug Post, Müstair, Switzerland...
...Nellie Mae Rowe’s “Pocketbook” (1982), in paint and pencil, was her final drawing after a cancer diagnosis, its indigo purse aglow with memories....
...This was followed by similar deals by other US mortgage agencies such as Freddie Mac and Fannie Mae, to little fanfare....
...Crude, rude and grotesque, Robert Colescott’s paintings beguile from a distance....
...Sculpted by Amy Mae’s eloquent lighting, Annabelle Comyn’s mesmerising staging (presented in partnership with Dublin’s Abbey Theatre) draws you into a claustrophobic household seething with desire, damage...
...The approach contrasts with competitor Vista Equity Partners, headed by billionaire Robert Smith, which for years sought to replace management and impose rigid change....
...Fannie Mae, the federal housing association that guarantees some mortgages, argues that unlike during the 2000s prices will feed into rents and, eventually, general inflation....
...“Education finance firms such as Navient, Sallie Mae and Discover Financial will almost certainly face heightened supervisory scrutiny and greater enforcement risk,” said Isaac Boltansky of Compass Point...
...The current average rate for a 30-year fixed-rate mortgage is now under 2.7 per cent, according to Fannie Mae, a full percentage point lower than a year ago....
...Doug Duncan, chief economist at Freddie Mac’s sister company, Fannie Mae, said that given the big drop in US Treasury yields, mortgage rates had more room to fall....
...Additional reporting by Robert Armstrong *This article has been amended to correct Bill Emerson’s title...
...The four-month limit will only provide new relief to servicers of loans backed by Fannie Mae, the larger of the two....
...The 50-year-old lawyer — whose career includes roles at OneWest Bank and Fannie Mae as well as, most recently, as chief legal officer at the cryptocurrency exchange Coinbase — was appointed acting head of...
...The non-bank lenders typically make loans that they then bundle and sell into bond markets, once the bundles have been insured by Fannie Mae and Freddie Mac, which are backed by the government....
...Michael Roberts, a longstanding Citigroup executive, was drafted in as US chief executive in October 2019 to lead the drive....
...The dealmaking continued with the New York Stock Exchange owner Intercontinental Exchange’s $11bn purchase of US mortgage data provider Ellie Mae in August....
...While the Federal Reserve moved to shore up the residential mortgage market, agreeing to buy any of the securities guaranteed by Fannie Mae and Freddie Mac, it did not go so far as to backstop the entire...
...The central bank said on Monday it would buy “agency” mortgage bonds — which are guaranteed by the government-backed Fannie Mae and Freddie Mac — “in the amounts needed to support smooth market functioning...
...Most lenders sell the loans they originate on to the government-backed agencies Freddie Mack and Fannie Mae, who insure them and sell them on to bondholders....
...About half the time, that financial institution is one of the so-called government “agencies,” Fannie Mae and Freddie Mac....
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