GSE Reforms, DeMarco Speaks (2), Homebuilder Charts, Bay Area Up, Loan Gender Discrimination, JPM Optimistic, GSEs Sell NPLs?, DeMarco Replacements, U.S. Home Price Appreciation by State, Sell or Not Sell?, Rentals Update


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Congress, Not FHFA, Should Be Reforming the GSEs – James H. Carr – American Banker BankThink 
DeMarco: Private sector mortgage finance revival feels ‘impossible to achieve’ – By Christina Mlynski – … “So long as there are two government-supported firms occupying this space, full private sector competition will be difficult, if not impossible, to achieve,” DeMarco said, … –  – Housingwire 
New HARP marketing campaign is possible: DeMarco – … Apparently, DeMarco suggested during a House Financial Services Committee hearing that a marketing campaign informing borrowers about the existence and benefits of HARP could come into fruition sometime in the near future, Barclays Securitization Research said in a new paper. … – Housingwire 

(interesting charts) Checking Up On The Homebuilders – Bespoke Investment Group – Seeking Alpha 
Bay Area home prices up in February, sales down – By Andrew Khouri – LA Times

Study Finds Evidence of Gender Discrimination in Loan Approvals – BY: KRISTA FRANKS BROCK – … even when loan-to-income ratios are equal, according to a new study from the Woodstock Institute, … The findings reveal an 8 percent disparity between the likelihood of a woman and man with similar loan-to-income ratios receiving a purchase loan and a 21 percent disparity among approval rates for male and female refinance applicants. … – The M Report
JPMorgan raises home price forecast, sees long road to recovery – By Christina Mlynski – JPMorgan Chase expects home prices to rise 7% in 2013 as investors continue to take interest in nonperforming loans and distressed properties. The forecast for 2013 is more optimistic than initially expected. – Housingwire
Will Fannie and Freddie Start Selling Nonperforming Loans? – By Brian Collins and Mark Fogarty – WE’RE HEARING that Fannie Mae and Freddie Mac will be selling assets out of their mortgage investment portfolios this year. Federal Housing Finance Agency acting director Edward DeMarco noted in a recent speech that the portfolios used to be dominated by their own MBS and performing loans. “As those securities have paid down, and as the need to work through delinquent loans increased, the retained portfolios changed from being liquid to less liquid,” he said. – National Mortgage News
Obama Said to Weigh DeMarco Replacements as Fannie Mae Regulator – By Lorraine Woellert & Clea Benson – … U.S. Representative Mel Watt, a North Carolina Democrat, is a candidate to be director of the Federal Housing Finance Agency, according to one of the people, who requested anonymity because the nomination hasn’t been decided. Phyllis Caldwell, a former Treasury Department official, is also being considered, according to the other two people. Michael Stegman, Treasury’s housing adviser, is also a candidate. … – Bloomberg

(must see shows 1,3,5,10 year) U.S. Home Price Appreciation by State [Infographic]  – BY AL TWITTY – … As suggested by the infographic courtesy 29doors and TurboMetrics below, it all depends on where you actually bought your home or investment. Some will weep over these metrics, and others can take solace. … – Realty Biz News 
The question for the newly above water borrower: to sell or not to sellOC Housing News –  The increase of home values have pushed some 1.4 million underwater borrowers into positive equity territory. … However, for these newly above water borrowers threats still remain to push them underwater again. Whether its market risk, balloon payment shock, mortgage rate increases, tax law changes or even demographic changes in their neighborhood it’s probably on their mind that they could be upside down again. Therefore, some of these borrowers are contemplating selling their home … 
(on Buffett, Blackstone, other rental buyers) Sizing Up The Single Family Home Sector – Daniel Lauchheimer – Seeking Alpha 


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