AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Thrifts Held Loans, ACB Survey Shows.(Brief Article)

Mortgage Servicing News

| March 01, 2001 | COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

A survey by America's Community Bankers shows that thrifts and savings banks retained most of their loan production last year due to rising interest rates.

But what little they did sell ended up mostly in the hands of private conduits and wholesalers, not Fannie Mae and Freddie Mac.

"As rates rose [last year], the broad trend in the community banking industry was to focus on portfolio lending strategies; that is originating and holding mortgages in portfolio," Steve Davidson, ACB's financial economist said.

The 223 respondents to ACB's real estate survey sold only 17% of their loan production into the secondary mortgage market. Nearly two-thirds of those loans were sold to private conduits or ...

Related articles from newspapers, magazines, journals, and more
Fannie Mae, Freddie Mac Finance Bulk of Homes Bought by Hispanics in Miami.
Newspaper article from: Knight Ridder/Tribune Business News February 7, 2002 700+ words
...where mortgage lenders Fannie Mae and Freddie Mac finance a larger share...Miami, 66.1 percent of Fannie Mae and Freddie Mac's loans in 2000 went...lenders fared better than Fannie Mae and Freddie Mac. The percentage of loans...
Will Fannie Mae, Freddie Mac Still Pick Taxpayers' Pockets?(A)(Viewpoint)
Magazine article from: Investor's Business Daily July 13, 2000 700+ words
...mortgage insurance agencies, Fannie Mae and Freddie Mac. These two government...Washington by warning that Fannie Mae and Freddie Mac impose large, hidden...billion annual subsidies to Fannie Mae and Freddie Mac, Greenspan noted...
Fannie Mae, Freddie Mac to Offer Master Form and Short Form Mortgage/ Deed of...
Press release article from: PR Newswire February 21, 2007 700+ words
...PRNewswire-FirstCall/ -- Fannie Mae and Freddie Mac , two of the nation...freddiemac.com/uniform. Fannie Mae and Freddie Mac anticipate the master...and Wyoming. Additional Fannie Mae and Freddie Mac joint forms will be added...
UPDATE 2-Greenspan urges curbs on Fannie Mae, Freddie Mac.
News wire article from: The America's Intelligence Wire February 24, 2004 700+ words
...growth of mortgage giants Fannie Mae and Freddie Mac and urged Congress to...Banking Committee, said Fannie Mae and Freddie Mac have managed their financial...weighing a new regulator for Fannie Mae and Freddie Mac, should create a new...
Fannie Mae, Freddie Mac to shell out USD 210 mn as bonuses.
News wire article from: PTI - The Press Trust of India Ltd. April 5, 2009 700+ words
Fannie Mae, Freddie Mac to shell out USD 210 mn as bonuses...beleaguered American mortgage majors Fannie Mae and Freddie Mac are planning to shell out USD...Grassley. FHFA is in charge of Fannie Mae and Freddie Mac. Together, both companies...
FANNIE MAE AND FREDDIE MAC ANNOUNCE MORTGAGE PAYMENT RELIEF FOR VICTIMS OF...
Press release article from: PR Newswire September 3, 1992 700+ words
FANNIE MAE AND FREDDIE MAC ANNOUNCE MORTGAGE PAYMENT RELIEF...disaster relief available. Fannie Mae and Freddie Mac will buy loans on damaged homes...752-7608/ (FNM FRE) CO: Fannie Mae; Freddie Mac ST: Florida, Louisiana IN...
UPDATE 1-Greenspan urges curbs on Fannie Mae, Freddie Mac.
News wire article from: The America's Intelligence Wire February 24, 2004 700+ words
...growth of mortgage giants Fannie Mae and Freddie Mac and urged Congress to...Banking Committee, said Fannie Mae and Freddie Mac have managed their financial...weighing a new regulator for Fannie Mae and Freddie Mac, should create a new...
Hybrid Organizations and the Alignment of Interests: The Case of Fannie Mae and...
Magazine article from: Public Administration Review Koppell, Jonathan G.S. July 1, 2001 700+ words
...suggest Southern folksiness, Fannie Mae and Freddie Mac are recognized in Washington...their down-home cooking. Fannie Mae and Freddie Mac, known formally as the...multiple executive agencies, Fannie Mae, Freddie Mac, interest groups, ...
New regulator proposed for Fannie Mae, Freddie Mac.
News wire article from: The America's Intelligence Wire March 26, 2004 700+ words
...government regulator for Fannie Mae, Freddie Mac and the 12 Federal Home...amid concerns that the Fannie Mae and Freddie Mac, mortgage lenders created...to reject new programs Fannie Mae and Freddie Mac want to offer. It also...
Bills to curb Fannie Mae and Freddie Mac might limit loans to minorities.
News wire article from: Sacramento Bee (Sacramento, CA) April 17, 2005 700+ words
...Andrew Lepage Apr. 17--Fannie Mae and Freddie Mac, the nation's two biggest...recent accounting scandals. Fannie Mae and Freddie Mac buy or guarantee nearly...sponsored enterprises" -- Fannie Mae, Freddie Mac and the Federal Home Loan...
For more facts and information, see all results

Source: HighBeam Research, Thrifts Held Loans, ACB Survey Shows.(Brief Article)

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA