Archive for February 22nd, 2012

MBS, Treasuries Extend Gains, Giving Pause to Technical Gloom

Posted To: MBS Commentary From a technical standpoint, the past few sessions have been a fairly gloomy scene for MBS and Treasuries–our two representatives from those camps being Fannie 3.5 30yr Fixed MBS and good old 10yr Treasury Notes. The technical gloominess should be fairly evident in the upper sections of each chart below. In [...]

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A Call to Action – FHFA’s Strategic Plan for Fannie Mae and Freddie Mac

Posted To: Voice of Housing Yesterday the Federal Housing Finance Agency (FHFA) issued to Congress its Strategic Plan for Fannie Mae and Freddie Mac Conservatorships. Acting Director DeMarco and FHFA staff are to be soundly commended for their work in developing and publishing the Plan. The Plan is equally thoughtful and provocative and represents an [...]

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Freddie Mac: Economy on Slow, Steady, Path to Recovery

Posted To: MND NewsWire In the February Economic Outlook from Freddie Mac’s Office of the Chief Economist is projecting a slow, steady path to recovery as the economy, it says, continues to build on the momentum it displayed at the end of last year. The report cites 243,000 new jobs in January, an unemployment rate [...]

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Freddie Mac: Economy on Slow, Steady, Path to Recovery

Posted To: MND NewsWire In the February Economic Outlook from Freddie Mac’s Office of the Chief Economist is projecting a slow, steady path to recovery as the economy, it says, continues to build on the momentum it displayed at the end of last year. The report cites 243,000 new jobs in January, an unemployment rate [...]

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GSE Execs Rack Up Tens of Millions in Legal Expenses

An inspector general report examined legal fees being paid on behalf of former senior executives of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp. One way that the two government-controlled enterprises can cut back on legal expenses is to stay all litigation until they are out of conservatorship since neither will [...]

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