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Jordana-Leigh

Christie’s International Real Estate SC adds agent Jordana Leigh

Jordana Leigh has joined Christie’s International Real Estate Southern California, the brokerage announced. Known for work in the region’s luxury and celebrity real estate market, Leigh has more than $5 billion in career sales and has represented clients including Orlando Bloom, Simon Cowell, Eve and the late Naya Rivera. “After many years of friendship and […]

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MBA’s Bob Broeksmit sees risks in merging Fannie and Freddie

Amid recent reporting that President Trump is weighing a $500 billion stock offering for Fannie Mae and Freddie Mac and that he might be considering a merger of the two mortgage giants, Mortgage Bankers Association‘s CEO and President Bob Broeksmit authored a blog post highlighting the benefits of having two government-sponsored enterprises (GSEs). In his

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Mortgage Rates Were Flat All Week No Matter What Other News Suggests

The underlying bond market (which dictates the rates offered by mortgage lenders) weakened moderately overnight.  Weaker bonds equate to higher rates, all else equal.   “Higher rates” is contrary to many media outlets’ coverage this week, but there’s an important reason. Most news organizations that cover mortgage rates rely on Freddie Mac’s weekly rate survey for

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