Freddie Mac's Updated Forecast And a Vote against FOMC Action

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Posted To: MND NewsWire

Freddie Mac's long-time chief economist Frank Nothaft departed some months ago to take the same role at CoreLogic and that vacancy at the mortgage company has now been filled by Sean Becketti. The change of command is apparent in the new look of the company's monthly forecast. Formerly called U.S. Economic and Housing Market Outlook , it has re-emerged as Insight and Outlook and, in this issue at least, it is less a straightforward summary and commentary on the month's economic and housing news and more a multi-topic magazine. While the forecast was still a prominent feature - cast in the context of whether the country is ready for a Federal Reserve rate increase - as is a recap of the month's housing indicators, Insight and Outlook also takes on two separate issues ; how to determine if house...(read more)

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Source: http://www.mortgagenewsdaily.com/09012015_freddie_mac_insights.asp

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