Search results
Results from the WOW.Com Content Network
Fannie Mae has quietly scrapped a plan that could have saved Americans thousands of dollars in housing costs, according to multiple reports. With the objective of making housing more affordable ...
The Miami Herald reported in December mortgage lenders Fannie Mae and Freddie Mac maintain a list of condominiums unapproved for the acquisition of loans. Fannie Mae and Freddie Mac to add ...
Fannie Mae and Freddie Mac, the mortgage guarantors linked to the federal government, will back mortgages up to $806,500 starting in 2025, their regulator said Tuesday. That's an increase of 5.2% ...
"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]
In 2003, the Bush Administration sought to create a new agency, replacing the Office of Federal Housing Enterprise Oversight, to oversee Fannie Mae and Freddie Mac.In 1992, in the wake of the savings and loan crisis, and over concern that similar lending problems would develop, the Office of Federal Housing Enterprise Oversight was created as part of the Department of Housing and Urban ...
Under the Bush Administration HUD continued to pressure Fannie and Freddie to increase affordable housing purchases – to as high as 56 percent by the year 2008. [25] To satisfy these mandates, Fannie and Freddie eventually announced low-income and minority loan commitments totalling $5 (~$6.95 trillion in 2023) trillion. [26]
In Houston, the median condo sales price fell 6.5% between mid-2023 and mid-2024. Jacksonville, Fla., saw a similar 6.6% decline in that period. For now, though, condo prices are still holding up ...
The Home Valuation Code of Conduct (HVCC or the 'Code') is an American document created jointly by members of Freddie Mac and the Federal Housing Finance Agency, along with the New York State Attorney General.