Comments on: June 2008 Results: Treading Water http://repdx.com/2008/07/09/june-2008-results-treading-water/ Portland Oregon Real Estate Resources Tue, 16 Feb 2010 04:17:16 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Uncle_Git http://repdx.com/2008/07/09/june-2008-results-treading-water/comment-page-1/#comment-578 Uncle_Git Thu, 10 Jul 2008 17:08:03 +0000 http://www.repdx.com/?p=353#comment-578 Jeff Kempe has some numbers up on June pendings from Terradatum - last few months are below. June -23% May -25% April -23% More of the same basically. Interesting question - what happens to the mortgage market if FNM and FRE are no longer viable businesses going forward ? http://www.bloomberg.com/apps/news?pid=20601087&sid=a7NPAG.LEjHQ&refer=home I'm pretty sure it would radically change the mortgage landscape as they hold around $6 Trillion worth of the US mortgage market. Both entities are expected to be insolvent by fair accounting rules this Qtr... Jeff Kempe has some numbers up on June pendings from Terradatum – last few months are below.

June -23%
May -25%
April -23%

More of the same basically.

Interesting question – what happens to the mortgage market if FNM and FRE are no longer viable businesses going forward ?

http://www.bloomberg.com/apps/news?pid=20601087&sid=a7NPAG.LEjHQ&refer=home

I’m pretty sure it would radically change the mortgage landscape as they hold around $6 Trillion worth of the US mortgage market.

Both entities are expected to be insolvent by fair accounting rules this Qtr…

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