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  2. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    "Over the past decade Fannie Mae and Freddie Mac have reduced required down payments on loans that they purchase in the secondary market. Those requirements have declined from 10% to 5% to 3% and in the past few months Fannie Mae announced that it would follow Freddie Mac's recent move into the 0% down payment mortgage market." [153]

  3. Multifamily residential - Wikipedia

    en.wikipedia.org/wiki/Multifamily_residential

    Multifamily residential, also known as multidwelling unit (MDU), is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. [1] Units can be next to each other (side-by-side units), or stacked on top of each other (top and bottom units).

  4. Conforming loan - Wikipedia

    en.wikipedia.org/wiki/Conforming_loan

    The new Jumbo-Conforming program was adopted by Fannie Mae and Freddie Mac effective from April 1, 2008 until December 31, 2010. [6] The bill was signed into law by President Bush on February 13, 2008, [7] but the new rates were not being honored by any lenders (as of March 30, 2015).

  5. Fannie Mae's 'Deed for Lease': Right for You? - AOL

    www.aol.com/news/2010-04-21-fannie-maes-deed-for...

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  6. Dave Ramsey Shares Three Rules For Buying A House - AOL

    www.aol.com/dave-ramsey-shares-three-rules...

    Ramsey also suggested making at least a 20% down payment on a conventional Fannie Mae loan to avoid paying private mortgage insurance (PMI), which costs $75 per month for each $100,000 borrowed ...

  7. Fannie Mae - Wikipedia

    en.wikipedia.org/wiki/Fannie_Mae

    Fannie Mae's 2014 financial results enabled it to pay $20.6 billion in dividends to Treasury for the year, resulting in a cumulative total of $134.5 billion in dividends through December 31, 2014 – approximately $18 billion more than Fannie Mae received in support.

  8. Government National Mortgage Association - Wikipedia

    en.wikipedia.org/wiki/Government_National...

    [5] Ginnie Mae guarantees only securities backed by single-family and multifamily loans insured by government agencies, including the FHA, Department of Veterans Affairs, the Department of Housing and Urban Development’s Office of Public and Indian Housing, and the Department of Agriculture’s Rural Development. One of the newer mortgage ...

  9. Subprime mortgage crisis - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis

    That's down from 21% in the third quarter of 2013, and the 2012 peak of 31%." Foreclosures as of October 2014 were down 26% from the prior year, at 41,000 completed foreclosures. That was 65% below the peak in September 2010 (roughly 117,000), but still above the pre-crisis (2000–2006) average of 21,000 per month. [351]

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