Fannie Mae reported that the Single-Family Serious Delinquency rate decreased to 1.23% in January, down from 1.24% in December. The serious delinquency rate is up from 1.20% in January 2017.These are mortgage loans that are "three monthly payments or more past due or in foreclosure". Show More Summary
Without the GSEs, the mortgage market would not look radically different than it does today. Proponents argue that the GSEs lower mortgage rates, ensure the availability of the standard 30-year fixed rate mortgage, support home ownership...Show More Summary
Fannie Mae now allows borrowers to use Airbnb rental income as part of the income qualification to refinance their home loans
Former Fannie Mae Employee Charged With Accepting Bribes and Approving Below-Market Sale of Foreclosed Homes
Homeowners can now use income from Airbnb to qualify for mortgage refinances, thanks to a pilot program through Fannie Mae.
The U.S. Supreme Court on Tuesday declined to revive litigation in which shareholders accused the federal government of overstepping its authority when it restructured mortgage finance firms Fannie Mae and Freddie Mac following the 2008 housing crisis. Show More Summary
A Tampa Realtor who allegedly tried to stop Fannie Mae from foreclosing on a property so that he could sell it himself has been charged with bankruptcy fraud and falsification of records in a bankruptcy proceeding...
Fannie Mae said Wednesday its net worth sank to a negative $3.7 billion after it had to "remeasure" its deferred tax assets to the tune of $9.9 billion.
Fannie Mae on Wednesday reported a fourth-quarter net loss of $6.5 billion, a steep year-over-year decline that the government-sponsored, publicly traded entity attributed to a one-time accounting charge brought on by changes to the tax code that passed into law in December...
Enterprise lending software startup Blend has just earned a major vote of confidence from mortgage securities giant Fannie Mae. Blend has been approved as a provider of asset verification for Fannie Mae’s Day 1 Certainty program. Day 1 Certainty lets...
Airbnb, Fannie Mae and three major financial institutions launched an initiative that will allow you to include Airbnb income when applying to refinance your mortgage.
A majority of Americans believe home prices will go up over the next 12 months, but whether now is a good time to buy or sell is still up for debate, according to a Fannie Mae survey of household decision makers released on Wednesda...
Fannie Mae reported that the Single-Family Serious Delinquency rate increased to 1.24% in December, up from 1.12% in November. The serious delinquency rate is up from 1.20% in December 2016.These are mortgage loans that are "three monthly payments or more past due or in foreclosure". Show More Summary
Photo Illustration by Elizabeth Brockway/The Daily Beast A senior Fannie Mae manager repeatedly plied an employee for sex at boozy lunches and business trips while the company footed the bill, the former employee alleges in a lawsuit filed Wednesday. Show More Summary
Fannie Mae on Wednesday announced a new program designed to reward multifamily property owners who provide programs including daycare, health and wellness initiatives, and job training to tenants of affordable housing complexes. Fannie Mae’s new Enhanced Resident Services program promises savings...
A manager from the loan giant hired a dancer he met at a gentleman’s club and proceeded to abuse her at work, she claims in a new lawsuit.
In December, Fannie Mae's Home Purchase Sentiment Index (HPSI) decreased 2.0 percentage points month-over-month to 85.5 -- a reversal from November's 2.6 percentage point gain which neared September's all-time high index score of...
Towards the end of each year I collect some housing forecasts for the following year.The table below shows several forecasts for 2018:From Fannie Mae: Housing Forecast: December 2017 From Freddie Mac: November 2017 Economic & Housing...Show More Summary
Fannie Mae reported that the Single-Family Serious Delinquency rate increased to 1.12% in November, up from 1.01% in October. The serious delinquency rate is down from 1.23% in November 2016.These are mortgage loans that are "three monthly payments or more past due or in foreclosure". Show More Summary
$1.36 trillion. That’s the nationwide student loan debt level as of the third quarter of 2017. One solution to eliminate this debt hits a little close to home. Around this time last year, Fannie Mae and SoFi teamed up to offer cash-out refinance loans to homeowners with student loans. Show More Summary