Freddie Mac Announces Offering of Guaranteed Structured Pass-Through K Certificates
March 18, 2010 Posted by Freddie Mac
McLean, VA - March 18, 2010 - (RealEstateRama) — Freddie Mac (NYSE: FRE) today announced a new offering of Structured Pass-Through Certificates (”K Certificates”), multifamily mortgage-backed securities that help provide liquidity, stability and affordability to the nation’s multifamily housing market. The company expects to offer approximately $1.1 billion in K Certificates (”K-006 Certificates”), which are anticipated to price on or about March 25, 2010, and settle on or about April 6, 2010
Foreclosures Weigh on Builder Confidence in March
March 15, 2010 Posted by NAHB
March 15, 2010 - (RealEstateRama) — Builder confidence in the market for newly built, single-family homes fell back two points to 15 in March as poor weather conditions and distressed property sales posed increasing challenges to both builders and buyers, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today
Continued Weakness in Housing Market Prompting Shift Away from High-end Kitchen and Bath Features
March 9, 2010 Posted by AIA
Washington, D.C - March 9, 2010 - (RealEstateRama) — Without the rapid appreciation in home values seen between 1995 and 2005, design of kitchens and bathrooms has recently been somewhat more modest. Functionality is now preferred to more and larger kitchens and bathrooms within U.S. homes. Households are placing a premium on products and features that promote energy efficiency, and adaptability in the use of space for seniors and those with accessibility concerns.
Assistant Secretary Michael S. Barr Remarks to the National Council of State Housing Agencies As Prepared for Delivery
March 9, 2010 Posted by Treasury
March 9, 2010 - (RealEstateRama) — I want to thank the National Council of State Housing Agencies for hosting me today. And I want to thank all of the housing finance agencies for being key partners in the Administration’s housing initiatives.
Fannie Mae and its DUS® Lenders Invest $19.8 Billion in 2009 to Fortify the Multifamily Rental Housing Market Fannie Mae remains a constant source of liquidity and stability
February 1, 2010 Posted by RealEstateRama
WASHINGTON, DC - February 1, 2010 - (RealEstateRama) — Fannie Mae (FNM/NYSE) today announced that the company, through its lender and housing partners, provided $19.8 billion in debt financing for the multifamily rental housing market in 2009. Fannie Mae’s DUS® lenders and affiliates delivered $18.6 billion of the company’s total investment in multifamily housing by utilizing the company’s DUS platform. DUS lenders are able to underwrite, close and deliver most loans without pre-review by Fannie Mae, which results in a highly efficient execution.
Resources for Media Covering Housing and the Economy
February 1, 2010 Posted by NAHB
February 1, 2010 - (RealEstateRama) — Each year, the National Association of Home Builders (NAHB) prepares a list of the release dates for major housing economic indicators collected and reported by NAHB and various government agencies and provides it to media who report on housing. Members of the press can access NAHB’s Housing Market Index and statistics on housing starts, building permits and other government data through NAHB.
Builder Confidence Declines in January
January 19, 2010 Posted by NAHB
January 19, 2010 - (RealEstateRama) — Builder confidence in the market for newly built, single-family homes declined one point to 15 in January on continuing concerns about the poor job market and large number of foreclosed homes for sale, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.
Freddie Mac Announces New Offering of Guaranteed Structured Pass-Through K Certificates
January 13, 2010 Posted by Freddie Mac
McLean, VA - January 13, 2010 - (RealEstateRama) — Freddie Mac (NYSE: FRE) today announced a new offering of Structured Pass-Through Certificates (“K Certificates”), multifamily mortgage-backed securities that help provide liquidity, stability and affordability to the nation’s multifamily housing market. The company expects to offer approximately $1.1 billion in K Certificates (“K-005 Certificates”), which are anticipated to price on or about January 27, 2010, and settle on or about February 3, 2010.
Best Housing Market Forecasts in 2010
December 21, 2009 Posted by Housing Predictor
Destin, FL - December 21, 2009 - (RealEstateRama) — Housing markets in a dozen states are forecast to appreciate in the annual Housing Predictor Best 25 Market Forecasts in 2010, demonstrating an improving trend is developing in many markets scattered throughout the U.S. Markets in Ohio are strongly forecast to rebound even in the midst of the worst economy since the Great Depression. Home prices have dropped to levels in many areas of Ohio that forced buyers off the fence and into new homes. The trend should gain momentum with the government’s expansion of the federal tax credit. Cities in Nebraska, Texas, West Virginia, South Dakota, Michigan, Pennsylvania, Louisiana, North Dakota, Delaware, Alaska and Virginia have also been named to the list.
Increase in Boomer Housing Sales May Reflect Impact of First-Time Buyer Tax Credit
November 16, 2009 Posted by NAHB
November 16, 2009 - (RealEstateRama) — The National Association of Home Builders’ (NAHB) 55+ Single-Family Housing Market Index, based on a survey of builders who produce housing designed to meet the needs of mature consumers, showed a six-point increase in the third quarter of 2009, to a seasonally-adjusted level of 21. That is the highest level recorded since the inception of the series in the fourth quarter of 2008, though still considered a fairly weak number.
