Tag: Fannie Mae
FHFA Announces New Standard Short Sale Guidelines for Fannie Mae and Freddie Mac;
Washington, DC - August 28, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac are issuing new, clear guidelines to their mortgage servicers that will align and consolidate existing shor...
Realtors® Applaud FHFA for Expanding Short Sale Eligibility to Help More Struggling Homeowners
WASHINGTON, DC - August 23, 2012 - (RealEstateRama) -- The National Association of Realtors® applauds the Federal Housing Finance Agency for working with Fannie Mae and Freddie Mac to issue new guidelines that expand eligibility criteria and streamlin...
Survey Finds Freddie and Fannie Should Halt Mortgage Buying
WASHINGTON, D.C. - April 3, 2012 - (RealEstateRama) -- The opinion poll, conducted by Housing Predictor found that 72% of respondents want the firms, which act as a back-stop for the nation’s mortgage market to stop purchasing home loans from banks a...
Permanent Modifications on Fannie Mae and Freddie Mac Loans Reach 1.1 Million; Loan Mod...
Washington, DC - March 19, 2012 - (RealEstateRama) -- Fannie Mae and Freddie Mac completed more than 2.1 million foreclosure prevention actions since the start of conservatorship including 1.1 million permanent loan modifications. These actions, design...
Fannie Mae will survive
WASHINGTON, D.C. - December 7, 2011 - (RealEstateRama) -- Today, we will address what Fannie Mae is doing to help make realism the bedrock of a sustainable housing industry. As we settle into a new year, the housing market is still facing strong headwi...
Rep. Baca Sponsors Legislation to Give First Preference to Primary Residency Home Buyers
Washington, DC - February 3, 2010 - (RealEstateRama) -- Today, Congressman Joe Baca (D-Rialto) introduced legislation to give certain preferences to individuals and families committed to rebuilding communities when purchasing government owned residential property. The First Look at Primary Residence Act requires the federal government, and Fannie Mae and Freddie Mac, to consider purchase offers from only those who plan to use the property as their primary residence for the first 15 days that the properties are listed. After that time period, the seller is allowed to consider any offer.
