Housing & Mortgage Markets – Week of 8.19.12

Fixing the Mortgage Mess: The Game-changing Implications of Bain v. MERS
Before It’s News 22 August 2012
Two landmark developments on August 16th give momentum to the growing interest of cities and counties.

U.S. Revises Payment Terms for Fannie Mae, Freddie Mac
Bloomberg 17 August 2012
The U.S. Treasury Department is altering how Fannie Mae (FNMA) and Freddie Mac pay taxpayers for the government’s stake in the firms.

“Shadow” & “Ghost” Inventory / Negative & “Effective” Negative Equity…The Real Challenges for US Housing
The Big Picture 16 August 2012
“Shadow” and “ghost” inventory with respect to supply is only a part of the problem… a red herring really.