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Fannie Mae Offering Assistance To Service Members

by on 7:47 pm in Fannie Mae, Military Families, Mortgages Comments { 0 }

Fannie Mae says it will reduce or suspend mortgage payments for up to six months for military families if they are unable to pay because of the injury or death of a service member....

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Fannie Mae offering buyers up to 3.5% in closing cost assistance

by on 5:51 pm in Closing Cost Assistance, Fannie Mae, Interest Rates Comments { 0 }

Fannie Mae is offering buyers up to 3.5% back in closing cost assistance.  Now is the perfect time to buy a home. Intereste rates are at an all time low. There are plenty of homes...

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FHFA Establishes New Housing Goals for Fannie Mae and Freddie Mac

by on 4:53 pm in Fannie Mae, FHFA, Freddie Mac, Mortgages, Owner-Occupied Homes, Private-Label Mortgage Backed Securities, Single Family Homes Comments { 0 }

On September 2, 2010, the Federal Housing Finance Agency (FHFA) announced it would soon publish in the Federal Register new housing goals for Fannie Mae and Freddie Mac for 2010 and...

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Facing Foreclosure: What to Do Right Now

by on 9:03 pm in Fannie Mae, Foreclosures, Freddie Mac, Hud, Loan Modificaton, National Association Of Realtors, U.S. Department of Housing and Urban Development Comments { 0 }

Article From Houselogic.com By: Jerry DeMuth If you’re facing foreclosure, don’t panic: Take steps right now to save your home or at least lessen the blow of its loss. A...

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Fannie Mae Places Ban on ‘Appraisal Cutting’

by on 3:53 pm in Appraisals, Appraisers, Fannie Mae, GSE Regulator, Lenders, Mortgages, USPAP Comments { 0 }

By: Carrie Bay Fannie Mae is implementing a new policy this week regarding home appraisals. Effective Wednesday, September 1, lenders that sell loans to the GSE will be prohibited from...

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GSE Regulator Eyes Private Transfer Fees

by on 5:34 pm in Fannie Mae, Federal Housing, Federal Housing Finance Agency, FHA, Finance Agency, Freddie Mac, GSE Regulator, Home Loan Banks, NAR, Transfer Fees Comments { 0 }

NAR commended the Federal Housing Finance Agency for taking steps to restrict Fannie Mae, Freddie Mac, and the 12 Federal Home Loan Banks from investing in mortgages with private...

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