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Privatize Fannie Mae and Freddie Mac: the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation make mortgage markets inefficient,
Fannie Mae and Freddie Mac are excellent investments because they have tax exemptions and exclusions from securities regulations. These create an advantage ......(Continue Reading)Decision may derail mortgage-backed securities - National Association of Insurance Commissioners' ruling on Taubman Realty Group bond issue - Financing
A recent ruling by the National Association of Insurance Commissioners (NAIC) requires that insurance companies that invested in a 1993 Taubman Realty Group mortgage-backed bond issue must reserve for...(Continue Reading)First-time home buyer's guide: money management - 25th Anniversary of the B.E. 100s - Cover Story
US Blacks seeking to buy homes face the usual major outflow of cash for years, as well as discrimination in mortgage lending and insurance. Tips are offered ......(Continue Reading)Six New York banks form home mortgage coalition - Republic National Bank of New York, Banco Popular, National Westminster Bank U.S.A., Manhattan Bank,
In a continued commitment to increase the availability of home mortgages in low and moderate income communities, six major New York banks today announced ......(Continue Reading)Expanded HMDA data on residential lending: one year later - Home Mortgage Disclosure Act - includes related article on lender education
Home Mortgage Disclosure Act data from both 1990 and 1991 showed that black and Hispanic applicants for mortgage loans were denied credit more often than ......(Continue Reading) |
