Fannie Mae’s CEO Lauds ‘New Realism’ of Better Underwriting

Fannie Mae is building the “strongest book of business we’ve seen in the last decade,” the GSE’s president and CEO, Michael Williams, proclaimed to a group of industry professionals this week. While tighter underwriting standards may mean fewer consumers are able to get loans and banks are holding credit close to their chests, Williams says …

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Did real estate rally spring a leak?

The following article is from the OCRegister: “We hate to be party spoilers, but just as the real estate ball gets rolling this spring … some storm clouds appear. Take homebuilders, who are enjoying a noteworthy resurgence after their worst sales drought since World War II. One measure of developer psyche in the West tossed …

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