Friday, July 1, 2016

Freddie, Fannie, Conventional Conforming Updates; Private MI Changes

Posted To: Pipeline Press

The Fourth of July is Monday...the date of the Declaration of Independence (quibble all you want about late signers); the next commentary will be Tuesday. The U.S. Census Bureau tells us when the U.S. became an independent nation on July 4, 1776 there only 2.5 million people living here; last4th of July there were 321.4 million. And everyone is talking about the UK & Brexit: $114.1 billion was the value of trade with the UK. Back in 1776, they were our enemy; now they are our 8th leading trading partner. A quick correction to a note yesterday in the commentary fortunately pointed out by several readers. BHLB, the buyer of First Choice Bank, is not Berkshire Hathaway. It's Berkshire Hills Bancorp in Western Massachusetts. Fannie Mae and the Mortgage Bankers Association (MBA) released updated...(read more)
Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


from Mortgage News Daily http://ift.tt/29lKTMI

No comments:

Post a Comment