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A service for music industry professionals · Friday, February 21, 2025 · 788,014,837 Articles · 3+ Million Readers
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Freddie Mac News Monitoring

  • Published on Feb 20, 2025

    Big Country Chateau owner fined $11 million in civil penalties

    An Arkansas court has ordered the former owner of the Big Country Chateau apartment complex, foreclosed upon in 2023 after years of code violations and unpaid utility bills, to pay over $11 million in civil penalties for more than 5,000 violations of …

    Source: Arkansas Times - Left-wing
  • Published on Feb 20, 2025

    FHA Layoff News; Non-Del, SAM, Onboarding, Default Solutions; Training Opportunities; Inflation in the News

    FHA Layoff News; Non-Del, SAM, Onboarding, Default Solutions; Training Opportunities; Inflation in the News “Inflation is really getting out of hand... But that's just my 5 cents.” Inflation impacts the prices of fixed-income securities, like the kind …

    Source: Mortgage News Daily - Neutral
  • Published on Feb 20, 2025

    Mortgage Rates Decrease Slightly, Remain Just Under 7%

    Percentage and house sign symbol icon wooden on wood table. Concepts of home interest, real estate, investing in inflation. Mortgage rates continued their downward trend, as the average 30-year mortgage rate decreased from 6.87% last week to 6.85% this …

    Source: RIS Media - Connecticut - Neutral
  • Published on Feb 20, 2025

    Average US Rate on a 30-Year Mortgage Slips to 8-Week Low

    By ALEX VEIGA AP Business Writer The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, a welcome boost for prospective homebuyers in what’s traditionally the busiest time of the year …

    Source: Business Journal - Ohio - Neutral
  • Published on Feb 20, 2025

    Why adjustable-rate mortgages might be better bargain than fixed

    Every dollar counts, especially during inflationary times. That’s why homebuyers or owners should consider cheaper, adjustable rates when shopping for mortgages. Today, a well-qualified borrower can get an adjustable-rate mortgage or ARM at under 6%, …

    Source: The Pasadena Star News - California - Neutral
  • Published on Feb 20, 2025

    Greystone Provides $30 Million Bridge Loan for Connecticut SNF Facility

    NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $33,000,000 bridge loan to refinance a skilled nursing facility in Connecticut. The financing was originated by Fred Levine, …

    Distribution channels:
  • Published on Feb 20, 2025

    US mortgage rates tick lower: What this means for homebuyers

    US mortgage rates move lower this week, the 30-year fixed rate mortgage ticking down from 6.87% to 6.85% as reported by Freddie Mac. Yahoo Finance senior housing reporter Claire Boston joins Wealth host Brad Smith to talk more about the mortgage data and a …

    Source: Yahoo Finance - Label Pending
  • Published on Feb 20, 2025

    Mortgage Rates Trend Down

    MCLEAN, Va., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.85%. “Mortgage rates decreased slightly this week,” …

    Distribution channels: Environment ...
  • Published on Feb 20, 2025

    Average US rate on a 30-year mortgage slips to 8-week low after fifth-straight weekly decline

    The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, a welcome boost for prospective homebuyers in what’s traditionally the busiest time of the year for home sales. The average rate …

    Source: Associated Press - Neutral
  • Published on Feb 20, 2025

    Biz2Credit leans in to AI underwriting

    Convinced small business lending is on the cusp of a funding boom, CEO Rohit Arora is seeking to position Biz2Credit to handle higher levels of activity. So, 18 years after its start as a platform to match small business borrowers with alternative fintech …

    Source: American Banker - New York - Neutral
  • Published on Feb 20, 2025

    What happens to a mortgage when the house is razed?

    The recent wildfires in Los Angeles destroyed more than 16,000 structures, including thousands of residences. In addition to the personal tragedy of losing a home, the crisis raises a difficult financial question: What happens to a mortgage when the house …

    Source: American Banker - New York - Neutral
  • Published on Feb 20, 2025

    The Founding Fathers Funded Government Through Tariffs

    President Donald Trump calls tariff "the most beautiful word in the dictionary." This refutes the orthodoxy of unilateral free trade championed for hundreds of years beginning with the 1776 "Wealth of Nations" author Adam Smith, widely …

    Source: Townhall - Right-wing
  • Published on Feb 20, 2025

    Breakfast briefing: American instability takes another turn

    Here's our summary of key economic events overnight that affect New Zealand with news foreign investors, both friends and foes, are quitting their exposure to the new Russified US. But first up, the Redbook tracking of American retail sales shows they …

    Source: interest.co.nz - Neutral
  • Published on Feb 20, 2025

    HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cuts

    One of Ginnie Mae’s core functions in the reverse mortgage industry is providing liquidity through its Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program. After challenges caused by a major lender and HMBS issuer’s bankruptcy in 2022, …

    Source: Housing Wire - Neutral
  • Published on Feb 20, 2025

    Fair housing nonprofit sues Scott Turner, HUD over ‘DEI’ orders

    In addition to violations of free speech and due process, the plaintiffs say the administration is violating the Fair Housing Act and other longstanding civil rights protections by deeming any DEI effort as illegal. The National Urban League and the AIDS …

    Source: Housing Wire - Neutral
  • Published on Feb 20, 2025

    Homebuilders are concerned about new tariffs and effect on material costs

    FOX Business correspondent Gerri Willis reports on the impact of tariffs on homebuilders and breaks down the latest housing data.  Tariffs recently announced by President Donald Trump causing worry among U.S. homebuilders. Those concerns, which FOX …

    Source: FOX Business - Right-wing
  • Published on Feb 20, 2025

    Elevated mortgage rates drag down January home sales, C.A.R. reports

    Existing, single-family home sales totaled 254,110 in January on a seasonally adjusted annualized rate, down 10.0 percent from 282,490 in December and down 1.9 percent from 259,160 in January 2024. January's statewide median home price was $838,850, …

    Source: San Mateo Daily Journal - Uncategorized
  • Published on Feb 19, 2025

    Wilbraham Planning Board debates requirements for accessory dwelling units

    WILBRAHAM — Accessory dwelling units, such as tiny homes and in-law apartments, were again a topic of discussion at the Feb. 12 Wilbraham Planning Board meeting. During the public hearing, continued from Jan. 8, the board discussed which provisions would …

    Source: The Reminder - Massachusetts - Neutral
  • Published on Feb 18, 2025

    What's the mortgage rate forecast for March 2025?

    Mortgage interest rates in March will likely remain steady, with the potential for small fluctuations.  Getty Images/iStockphoto A mix of high home prices, low inventory and steep mortgage rates has caused homebuying activity to drop. At the end of …

    Source: CBS News - Neutral

03 days 14:39:53

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