These are today's mortgage and refinance rates. Mortgage rates may not drop as much as expected this year, hurting affordability.
Sen. Elizabeth Warren (D-MA), the ranking member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Bill Pulte, the nominee for director of the Federal Housing Finance Committee,
Fannie Mae could seize a Miami Beach apartment building over a $2.27 million foreclosure lawsuit. The government-backed lender filed a foreclosure complaint Feb. 13 against Noble
Greystone, a leading national commercial real estate finance company, has provided a $20,777,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan to refinance a 206-unit multifamily property in Allentown,
Two mortgage giants essential to the U.S. housing market could be released from the government into the private sector. What that means for you.
AM Best has released newly updated tables of net capital charges associated with a representative sample of transactions from Fannie Mae and Freddie Mac’s credit risk transfer (CRT) programs—Freddie Mac’s Agency Credit Insurance Structure (ACIS) and Fannie Mae’s Credit Insurance Risk Transfer (CIRT).
The government-backed mortgage lender said it “may face a higher risk” of multifamily fraud until it implements planned reforms.
Comparably, a 30-year fixed rate is 6.375% with 1 point cost. That’s 0.385% cheaper for the ARM. Let’s do the math: Take the maximum Fannie Mae conforming loan of $806,500. The ARM principal and interest payment at 5.
The Federal National Mortgage Association posted a slight increase in profit while revenue declined modestly. The government-sponsored housing-finance company known as Fannie Mae posted a profit of $4.
Walker & Dunlop remained Fannie Mae's largest Delegated Underwriting and Servicing (DUS) partner for the sixth consecutive year, with $3.2 billion in Fannie Mae lending, up 91% year-over-year. Freddie Mac loan originations grew 19%,
Housing observers see an opportunity to fundamentally remake a system to close the gap on serving historically marginalized communities.
Wells Fargo’s Vikram Rai joins 'The Exchange' to discuss the potential privatization of Fannie Mae and Freddie Mac.