paydowns

For one illustration of faster paydowns, Schnure noted in an interview that 22 percent of all refinancings of Freddie Mac loans in the most recent quarter involved a "cash in," where homeowners bring money to the table to reduce their total mortgage burden.

The significance of the Fed's report on an increase in homeowners' equity stakes Kenneth R. Harney 2010

Calvin Schnure, a former Fed economist who worked on "flow of funds" reports and now is the director of economic analysis at Freddie Mac, says the national mortgage debt statistic is pushed downward by principal reductions and foreclosures by lenders -- signs of homeowner distress -- but also by faster paydowns of mortgage debt balances.

The significance of the Fed's report on an increase in homeowners' equity stakes Kenneth R. Harney 2010

For one illustration of faster paydowns, Schnure noted in an interview that 22 percent of all refinancings of Freddie Mac loans in the most recent quarter involved a "cash in," where homeowners bring money to the table to reduce their total mortgage burden.

The significance of the Fed's report on an increase in homeowners' equity stakes Kenneth R. Harney 2010

"Our paydowns slightly exceeded our originations in Q3."

Small Banks Find Size Yields an Edge John Shipman 2010

Calvin Schnure, a former Fed economist who worked on "flow of funds" reports and now is the director of economic analysis at Freddie Mac, says the national mortgage debt statistic is pushed downward by principal reductions and foreclosures by lenders -- signs of homeowner distress -- but also by faster paydowns of mortgage debt balances.

The significance of the Fed's report on an increase in homeowners' equity stakes Kenneth R. Harney 2010

By prepayment of the mortgages, or defaults, and normal paydowns.

Matthew Yglesias » White House Should Fill Open Federal Reserve Board Slots 2010

For one illustration of faster paydowns, Schnure noted in an interview that 22 percent of all refinancings of Freddie Mac loans in the most recent quarter involved a "cash in," where homeowners bring money to the table to reduce their total mortgage burden.

The significance of the Fed's report on an increase in homeowners' equity stakes Kenneth R. Harney 2010

Calvin Schnure, a former Fed economist who worked on "flow of funds" reports and now is the director of economic analysis at Freddie Mac, says the national mortgage debt statistic is pushed downward by principal reductions and foreclosures by lenders -- signs of homeowner distress -- but also by faster paydowns of mortgage debt balances.

The significance of the Fed's report on an increase in homeowners' equity stakes Kenneth R. Harney 2010

Faced with the possibility of faster mortgage paydowns on top of worries about the global economy and high unemployment in the U.S.

Concerns Boost Treasury Prices 2010

Its positions in commercial real-estate securities are being pared through property sales and mortgage paydowns.

Hammered by the Market, Allstate Is Set for Recovery 2009