Fannie Mae: Don’t expect 2015 to be a breakout year for housing

In May, Freddie Mac reported its second net loss in three quarters, while Fannie Mae’s net profits fell by $752 million in the first quarter of 2016 compared with the same period in 2015.

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The Mortgage Lender Sentiment Survey is issued each quarter to the senior executives of Fannie Mae’s lending institution partners. A total of 209 lending institutions were polled at the end of August.

"After a year of modest improvement, we continue to believe economic growth will close out 2015 at 2.2 percent. but we don’t expect the financial markets to experience any sizable shocks as a.

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Inspectors general for the U.S. Treasury and the Federal Housing Finance Agency should investigate whether federal officials improperly shared information about their intent to release Fannie Mae and.

It’s a great time to buy a home: Fannie Mae. First-time homebuyer numbers have slipped, with the percentage of buyers at 33%, below the long-term average of 40% and at a 27-year low. According to the U.S. Census Bureau, almost half of Americans between the ages of 25 and 34 say they do not expect to purchase a home in the next three years.

Fannie Mae now expects the Fed to announce its policy to taper the balance sheet in September and hike the fed funds rate once more this year, in December. The economists call recent housing data.

Fannie Mae downgrades housing outlook.. will not be the breakout year some are expecting." fannie mae chief economist doug Duncan blamed the sluggish housing recovery on a cold winter, and.

U.S. citizens don’t expect big things from the housing market this year, according to a recent survey by Fannie Mae, with the overall labor market and a lack of personal income growth fueling the tepid expectations.

Thank you for joining the media call and webcast to discuss Fannie Mae’s fourth quarter and full year 2016 financial results. And assuming that housing market conditions do not deteriorate, we.

Mortgage-finance giant Fannie Mae slashed its outlook on Monday for housing market this year and next, reasoning that too much momentum was lost during the first half of the year. In its August.

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In fact, many economists, including some associated with the housing industry, are predicting that interest rates will reach 5% or close to it in 2015. Despite Fannie Mae’s outlook for a more.