Mortgages Georgia

FHFA: Fannie & Freddie Credit Risk Transfers “Untested”

A Federal Housing Finance Agency report highlighted the dangers of low interest rates for Fannie Mae and Freddie macsingle-family credit risk transfers. Despite increased investor uncertainty at the onset of the pandemic, GSE-backed mortgages have exceeded expectations, the report notes. Although the markets experienced a significant liquidity disruption in March …

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Angel Oak Capital Advisors Completes Market’s First Non-Agency Social Bond Securitization | Business

ATLANTA – (BUSINESS WIRE) – May 17, 2021 – Angel Oak Capital Advisors, LLC (Angel Oak), an investment management firm specializing in value-driven structured credit products, announces the completion of OMT 2021-2, the first agency-less mortgage-backed securitization issued in the United States that qualifies as a social obligation. The $ …

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Georgia to End Federal Unemployment Benefits in June | Georgia

(The Center Square) – The unemployed in Georgia will no longer receive additional weekly unemployment benefits from next month, Gov. Brian Kemp and Labor Commissioner Mark Butler said on Thursday. The state will end three federal programs intended to supplement state unemployment benefits and Pandemic Unemployment Assistance (PUA), which provides …

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Wendy Peel of ReverseVision Recognized as Mortgage Women Magazine Mortgage Star for Introducing Reverse Mortgages to the Traditional Mortgage Market | Associated press

ReverseVision VP of Sales and Marketing Recognized for Advocacy for Expanding Home Equity Options to Older Americans SAN DIEGO, Calif., May 5, 2021 (SEND2PRESS NEWSWIRE) – ReverseVision ®, the leading national provider of home equity conversion mortgages (HECMs) and private reverse mortgage sales and origination technology, announced that Vice President …

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What soaring timber prices mean to you

Home prices are skyrocketing, pushed up by a combination of historically low mortgage rates, strong buyer demand and a persistent shortage of new construction. For 2021, add another wrinkle: wood prices have reached new highs. Wood costs have climbed more than 30% this year, and they have nearly tripled since …

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