Mortgage lenders using Fannie Mae’s systems will soon be able to consider rental payment history when deciding whether to approve a loan, a change that could help increase Black homeownership.
The Federal Housing Finance Agency is offering a weekend present to loan originators looking for refinance business and homeowners looking to refinance this summer by announcing the end to its Adverse Market Fee.
Fannie Mae’s monthly survey of homebuying sentiments showed Americans’ perceptions of the housing market continued to diverge last month, pointing the way towards a potential easing of demand for homes even as average 30-year mortgage interest rates remain at or near 3 percent.
The Supreme Court on Wednesday ruled that the structure of the agency that oversees mortgage giants Fannie Mae and Freddie Mac violates separation of powers principles in the Constitution.
Just over 1 in 3 Americans thought it was a good time to buy a home in May according to Fannie Mae’s regular consumer survey, down from just under half of the country the previous month.
As the market for vacation homes continues to forge ahead at an almost unprecedented pace, the two major suppliers of financing funds have put a lid on the number of mortgages for such properties they will buy from primary lenders.
The federal agency that oversees two of the biggest guarantors of mortgages in the U.S. market announced that it is extending moratorium on foreclosures.
More than two-thirds of those surveyed have gotten to know their neighbors better during the pandemic. Almost that many have made an effort to be more friendly than usual.
The Supreme Court is hearing a case Wednesday that could make it easier for the president to fire the head of the agency that oversees government-controlled mortgage giants Fannie Mae and Freddie Mac.
There’s good news for mortgage applicants who don’t fit into the precise mold demanded by Fannie Mae and Freddie Mac: After pulling back at the start of the pandemic in March, other lenders are returning to the market.
Many American mortgage lenders expect stronger profits in the third quarter of this year, a new survey from Fannie Mae has found.
Fannie Mae and Freddie Mac say they will extend their eviction and foreclosure moratoriums through Dec. 31 as the economic damage from the coronavirus crisis looks increasingly likely to last around the country.
The latest survey from the Mortgage Bankers Association found that the total number of loans in forbearance dropped to 7.21 percent of lenders’ portfolios as of Aug. 9.
About 61 percent of Americans think June was a good time to buy a home according to a new survey from Fannie Mae which wrapped up just before COVID-19 cases started spiking in many states outside the Northeast.
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 1 basis point from 8.48 percent of servicers’ portfolio volume in the prior week to 8.47 percent as of June 21, 2020. According to MBA’s estimate, 4.2 million homeowners are in forbearance plans.
Title companies are pulling out all the stops to get deals closed during the COVID-19 pandemic. But they say the best way to close – not just during the outbreak, but moving forward – is electronically.
A pair of national polls, one of Realtors and the other of consumers, offer contrasting views of the housing market under the COVID-19 pandemic.
Amid concerns new homeowners might suddenly find themselves in dire financial straits as the coronavirus-caused economic disruption rolls on, Fannie Mae and Freddie Mac announced they are changing policy and will buy mortgages in forbearance.
New guidance from federal bank regulators and Fannie Mae includes no changes on a key issue bedeviling the state’s real estate appraisers and mortgage lenders.
Do you know anything about G-fees? You should, because if the White House has its way, homebuyers could soon be paying a few thousand more Gs for financing.
