ed demarco | firsttuesday Journal

Big changes for the secondary mortgage market

by Jeffery Marino | Dec 11, 2013 | Real Estate | 0

In the world of secondary mortgage market reform, we’ve got good news and bad news. Which would you like to hear first?

More justification for cramdowns

by Jeffery Marino | Dec 3, 2013 | Real Estate | 0

According to credit rating agency, Standard & Poors, cramdowns are cool.

Fannie Mae and Freddie Mac are failures — now what?

by Jeffery Marino | Nov 21, 2013 | Finance, Real Estate | 1

We know that Fannie Mae and Freddie Mac are broken. But is there a viable plan for their restructuring? Who do we trust to reform the secondary mortgage market?

New loan mod program — automatic, ineffectual

by Jeffery Marino | Apr 14, 2013 | Mortgages, Real Estate | 5

The Federal Housing Finance Administration (FHFA) is modifying your loan, whether you like it or not!

Out with DeMarco, in with cramdowns

by ft Editorial Staff | Apr 5, 2013 | Real Estate | 7

Attorneys general from nine states — including California’s own Kamala Harris — have called for the replacement of the Federal Housing Finance Agency’s (FHFA’s) acting director, Edward DeMarco. The FHFA dictates the actions of Fannie Mae and Freddie Mac (Frannie).