TITLE

Freddie Mac Forecasts $2.3 Trillion

AUTHOR(S)
Muolo, Paul
PUB. DATE
January 2008
SOURCE
National Mortgage News;1/7/2008, Vol. 32 Issue 14, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on several forecasts related to mortgage loans in 2008. According to Freddie Mac, $2.3 trillion will be produced in new loans in the year. Another forecast states that 94% of mortgages funded will be conventional with the balance insured by FHA and VA mortgages. In an interview, Angelo R. Mozilo, chairman of Countrywide Financial Corp. forecasts a residential loan production of $1.8 trillion.
ACCESSION #
28566244

 

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