Houston City Council Closes Door On Pleasant Hill Housing Proposal
- 30-year fixed mortgage rises to 6.89%. Fields-White, Monee // American Banker;2/26/1999, Vol. 164 Issue 38, p22
Focuses on the increase in the benchmark United States mortgage rate for February 1999. Comparison to November 1998 levels; Comment by Robert Van Order, chief economist at the Federal Home Loan Mortgage Corp.; Average rate on 30-year, fixed-rate mortgage; Yield on the Treasury's 10-year note.
- Refinancing boom seen threatened by rise in 30-year treasuries. La Monica, Paul R. // American Banker;3/6/1998, Vol. 163 Issue 44, p8
Reports that the mortgage industry refinancing boom may be threatened by the increase rates of the 30-year Treasury bond. Percentage rate of the Treasury bond growth since December 1997; Comments from Stanford L. Kurland, chief operating officer of Country-wide Credit Industries; Statistics on...
- Gone Is the Long Bond. // Mortgage Servicing News;Dec2001/Jan2002, Vol. 5 Issue 10, p4
Reports the announcement of the federal government that it will discontinue its Treasury Bond in the United States. Impact on mortgage servicing loans; Factors contributing to the decline of the economy; Lack of evidence of an economic rebound.
- Houston Housing Finance Corp. Approves Controversial Deal. Albanese, Elizabeth // Bond Buyer;2/14/2002, Vol. 339 Issue 31325, p27
Reports on the decision of Houston Housing Finance Corp. to approve a housing bond issue of Pleasant Community Development Corp. Use of tax exempt proceeds of bonds by Pleasant Hill Community development; Dissatisfaction among board members of Houston Housing Finance.
- Housing Finance. Albanese, Elizabeth // Bond Buyer;2/11/2002, Vol. 339 Issue 31322, p4
Reports on the approval of bond authorization by Texas-based bond committee for the Houston Housing Finance Corp. Company which has been authorized by the financial company; Controversy surrounding the issue; Allegations made against the mayor of the city in the controversy.
- Houston Housing Agency Readies $10 Million of Single-Family Bonds. Albanese, Elizabeth // Bond Buyer;4/10/2002, Vol. 340 Issue 31362, p5
Reports on the plan of Houston Housing Corp. (HHC) to sell its single-family mortgage revenue bonds in Texas. Companies involved in the negotiation of the deal; Background on the operations of HHC; Support given by the Government National Mortgage Association to HHC.
- Analysts: Concern About Fannie Mae's Duration Gap Is Fading. Cornwell, Ted // National Mortgage News;11/25/2002, Vol. 27 Issue 10, p2
Reports that stock analysts are recommending the stocks of Fannie Mae amidst news that its duration gap has falled back within the corporation's target range in the U.S. in 2002. Key issues of interest; Analysis of pertinent topics and relevant issues; Implications on mortgage lending.
- Rates Fall 17BP To All-Time Low. // National Mortgage News;5/19/2003, Vol. 27 Issue 34, p1
Reports that Federal Home Loan Mortgage Corp.'s Primary Mortgage Market Survey recorded a 17-basis-point drop in the average 30-year fixed mortgage rate in the United States in the week ending May 16, 2003. Previous record low tracked by the agency; Record low registered by the 10-year...
- Houston City Council Tables Controversial $90 Million Pleasant Hill Vote. Albanese, Elizabeth // Bond Buyer;2/22/2002, Vol. 339 Issue 31330, p3
Reports on delay in voting on a $90 million tax-exempt housing revenue bond issue for U.S.-based Pleasant Hill Community Development Corp. in Houston City Council in Texas. Efforts of the company to finance the bond issue from Houston Housing Finance Corp.; Arguments of opponents of the deal.