Tag Archives: Fannie Freddie

Why Fannie Mae Shot Up 400% in Three Months

Since both Fannie Mae and Freddie Mac were put in government conservatorship during the housing and mortgage market crashes, they are required to pay all profits to the U.S. Treasury department in the form of dividends. Shareholders get nothing. (Read … Continue reading

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Why Fannie Mae Shot Up 400 Percent in 3 Months

Since both Fannie Mae and Freddie Mac were put in government conservatorship during the housing and mortgage market crashes, they are required to pay all profits to the U.S. Treasury department in the form of dividends. Shareholders get nothing. (Read … Continue reading

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Attention Mortgage Shoppers, Could Walmart Be Next?

They also want better service and transparency. Although most respondents to the survey showed satisfaction with primary banks (81 percent), many expressed frustration that could push them to find a lending alternative. Top on the list of gripes: “slow execution.” … Continue reading

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Regulator Claims New Rules Will Loosen Mortgage Lending

Ask any real estate agent, home builder or home buyer what is the biggest barrier to entry in today’s housing market, and the likely answer will be: tight credit. The lax lending of the latest housing crash is no more, … Continue reading

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‘Underwater Mortgage’ Refis Get Fresh Push in Congress

A slight improvement in home prices has helped to pull some U.S. homeowners back above water on their mortgages, but the gains are small, and the problem is still epidemic.  As of July, 22.4 percent of homeowners with a mortgage … Continue reading

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‘Wind Down’ of Fannie, Freddie: ‘Positive for Housing’?

wind down” mortgage giants Fannie Mae and Freddie Mac, the U.S. Treasury Department is changing the terms of the capital support agreement that kept the two afloat in the first place. Fannie Mae and Freddie Mac were put under government … Continue reading

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Fannie, Freddie are set to reduce mortgage balances in California

As California pushes to get more homeowners into a $2-billion foreclosure prevention program, some Fannie Mae and Freddie Mac borrowers may see their mortgages shrunk through principal reduction. State officials are making a significant change to the Keep Your Home … Continue reading

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REAL ESTATE: Refinancing program expands for Fannie/Freddie borrowers – Press

A lot of hoopla recently surrounded the Obama administration’s proposal to enable a segment of homeowners who owe more on their homes than they are worth to refinance at today’s rock-bottom rates. The limitations are that the homeowners must be … Continue reading

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Home Buyers Could Pay for Payroll-Tax Cut

At face value, it seems like an easy, albeit creative way to pay for the extension of the payroll tax cut. Raise the fees that banks pay mortgage giants Fannie Mae and Freddie Mac to guarantee home loans. These are … Continue reading

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Loan Limits a Constant Volley

Barely a month after loan limits at Fannie Mae, Freddie Mac and the Federal Housing Administration were lowered to a maximum of $625,000, there is a move to raise them yet again. The Senate passed an amendment a few weeks … Continue reading

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