by ritasimpson
January 9, 2012
Real Estate News
The Fed’s moves in the last few months suggest it may be worthwhile to pursue more aggressive actions in terms of loan modifications, mortgage refinancing and sales of foreclosed properties even if they cause greater short-term losses at Fannie and Freddie, and so by extension to taxpayers. A possible policy option would be for the …
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by ritasimpson
January 4, 2012
How's The Market
“We believe housing is at a turning point, not just because of affordability and improving demographics,” says Darren Richman, a senior managing director at GSO. “The inventory picture has cleared meaningfully. It’s more in balance than it’s been in a long time.”
Behind the investor optimism: Pent-up housing demand, say industry observers. Record-low mortgage rates and …
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