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Washington, D.C. - February 14, 2011 - (RealEstateRama) -- In response to the Administration's release of its report, “Reforming America’s Housing Finance Market”, John H. Dalton, President of the Housing Policy Council issued this statement:

McLean, VA - February 14, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today announced its first ever offering of Structured Pass-Through Certificates (“K Certificates”) backed only by multifamily mortgages with a 7-year term. The company expects to offer approximately $861 million in K Certificates (“K-701 Certificates”), which are expected to price the week of February 21, 2011, and settle on or about March 9, 2011

WASHINGTON, DC - February 14, 2011 - (RealEstateRama) -- House Republican Conference Chairman Jeb Hensarling (R-Texas) today released the following statement on the Administration’s report on Housing Finance Reform.

Washington, DC - February 14, 2011 - (RealEstateRama) -- The National Association of REALTORS® welcomes the Obama Administration’s call for an orderly transition from the current form of the secondary mortgage market to a new structure that would enable Americans to achieve affordable, sustainable mortgages

WASHINGTON, DC - February 11, 2011 - (RealEstateRama) -- National Multi Housing Council (NMHC) President Doug Bibby issued the following statement concerning today's release of the Obama Administration's proposal for reforming Fannie Mae and Freddie Mac. His statement is on behalf of NMHC and its joint legislative partner, the National Apartment Association.

WASHINGTON, DC - February 11, 2011 - (RealEstateRama) -- Today, the Obama Administration delivered a report to Congress that provides a path forward for reforming America's housing finance market. The Administration's plan will wind down Fannie Mae and Freddie Mac and shrink the government's current footprint in housing finance on a responsible timeline. The plan also lays out reforms to continue fixing the fundamental flaws in the mortgage market through stronger consumer protection, increased transparency for investors, improved underwriting standards, and other critical measures. Additionally, it will help provide targeted and transparent support to creditworthy but underserved families that want to own their own home, as well as affordable rental options.

WASHINGTON, DC - February 11, 2011 - (RealEstateRama) -- Today, the Obama Administration delivered a report to Congress that provides a path forward for reforming America’s housing finance market. The Administration’s plan will wind down Fannie Mae and Freddie Mac and shrink the government's current footprint in housing finance on a responsible timeline. The plan also lays out reforms to continue fixing the fundamental flaws in the mortgage market through stronger consumer protection, increased transparency for investors, improved underwriting standards, and other critical measures. Additionally, it will help provide targeted and transparent support to creditworthy but underserved families that want to own their own home, as well as affordable rental options.

Washington, D.C. - February 11, 2011 - (RealEstateRama) — The Administration’s options for mortgage finance reform released today include choices that could threaten consumers’ access to affordable mortgage credit to buy homes by severely constricting the government’s historic role in supporting affordable, long term credit, and on shifting control of the mortgage market to Wall Street banks and investors whose previous missteps have already caused massive foreclosures and losses for consumers and communities

WASHINGTON, DC - February 11, 2011 - (RealEstateRama) — Today, Senate Banking Committee Chairman Tim Johnson (D-SD) issued the following statement on the housing finance report released by the Treasury Department and the Department of Housing and Urban Development.

Washington, D.C. - February 11, 2011 - (RealEstateRama) — The Independent Community Bankers of America (ICBA) today said that the nation’s housing finance system must continue to provide a variety of finance options to meet the needs of different consumers, housing types and locations. Following the release of the Obama administration’s plan on housing finance, ICBA reminded policymakers that a stable secondary market for residential mortgages is essential to community banks and Main Street America, while also stressing completely privatizing the secondary mortgage market would have ruinous effects both on community banks and the customers they serve.

Los Angeles, CA - February 11, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) today announced the promotions of Michael J. Riccio and Mitchell W. Kiffe to Senior Managing Director, Capital Markets, reflecting their expanded responsibilities as Co-Heads of Production for CBRE’s Debt & Equity Finance practice. In his new role, Mr. Riccio will focus on expanding life company correspondent and lender relationships while remaining the northeast Debt & Equity Finance regional leader and continuing to serve long-standing institutional accounts. Mr. Kiffe will continue his multi-family market focus while also seeking to enhance CBRE’s collaboration with Freddie Mac, Fannie Mae and the FHA as well as other capital sources

February 14, 2011 - (RealEstateRama) -- The Obama Administration’s report to Congress on “Reforming America’s Housing Finance Market” proposes important measures to address the long-neglected shortage of rental housing that is affordable for the lowest income Americans

February 11, 2011 - (RealEstateRama) -- On Thursday, February 10, 2011, the Mortgage Bankers Association (MBA) submitted the attached comment letter to Edward DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA) calling for an extension of the Home Affordable Refinance Program (HARP) that allows underwater borrowers who loans are owned by Fannie Mae and Freddie Mac, and who are current on their mortgages, to take advantage of the current low interest rates to refinance their loans. MBA recommends that the program, currently slated to expire at the end of June, be extended to the end of December, 2012 to coincide with the expiration of the Home Affordable Modification Program (HAMP)

WASHINGTON, D.C. - February 11, 2011 - (RealEstateRama) -- Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association (MBA), today issued the following statement in response to the Obama Administration’s release of a white paper outlining potential approaches to reforming the government’s role in the secondary mortgage market.

McLean, VA – The Administration should be commended for the considerable thought and effort it put into its plan to reform America's housing finance system. Clearly they understand the key issues and the need for private sector capital to return to the housing market. We at Freddie Mac will continue enhancing our infrastructure, business processes and technology to become the kind of stronger, more efficient company that can play a productive role no matter what policymakers decide about our future

Columbia, MD - February 10, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise ), a national leader in affordable housing and community development, today announced that Freddie Mac (OTC: FMCC) has given the company approval to originate affordable multifamily loans nationally on its behalf.

COLUMBIA, MD - February 9, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise), a national leader in affordable housing and community development, today announced that Freddie Mac (OTC: FMCC) has given the company approval to originate affordable multifamily loans nationally on its behalf. The new license granted to Enterprise rounds out the company’s agency platform, which already includes capacity to sell and service loans for Fannie Mae and FHA. Enterprise is among a handful of lenders approved to sell and service targeted affordable housing loans nationwide. These are loans on apartment properties with rents that are affordable to low- and very-low income individuals whose incomes are at or below 80 percent or 60 percent of the area median income, respectively.

WASHINGTON, D.C. - February 9, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 4, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 5.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 3.9 percent compared with the previous week.

San Diego, CA - February 9, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today awarded Catherine Rodewald, Vice President of Prudential Mortgage Capital Company, with the CREF Distinguished Service Award at the Association's 21st Annual Commercial Real Estate Finance (CREF)/Multifamily Housing Convention & Expo held in San Diego, CA. The award was given to Rodewald in recognition of her dedication and prominent service to MBA and the mortgage lending industry.

San Diego, CA - February 7, 2011 - (RealEstateRama) -- Mortgage bankers originated $110 billion of commercial and multifamily mortgages during 2010 – an increase of 36 percent from 2009, according to preliminary estimates based on the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.