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2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

   www.aol.com/lifestyle/smart-buy-foreclosed-home...

   Freddie Mac offers a similar program through HomeSteps to sell off its REO properties. The program only operates in a handful of states, but it waives mortgage insurance even for down payments ...

3. Fannie and Freddie will back homes costing nearly $1 million ...

   www.aol.com/fannie-freddie-back-homes-costing...

   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% ...

4. Housing and Economic Recovery Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Housing_and_Economic...

   The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.

5. Government National Mortgage Association - Wikipedia

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

   Ginnie Mae is similar to Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) with the difference being that Ginnie Mae is a wholly owned government corporation whereas Fannie Mae and Freddie Mac are "government-sponsored enterprises" (GSEs), which are federally chartered corporations ...

6. House price index - Wikipedia

   en.wikipedia.org/wiki/House_price_index

   The HPI is a weighted, repeat-sales index that measures average price changes in repeat sales or refinancings on the same properties in 363 metropolises. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac since January ...

7. 1.5 Million New Homes Needed To Meet Demand, Says Freddie Mac ...

   www.aol.com/1-5-million-homes-needed-160354833.html

   Experts at Freddie Mac say we need an extra 1.5 million homes to meet current demand. This shortage is evident because there are very few vacant homes for rent or sale, putting a lot of pressure ...