Fannie Mae:
Fannie Mae offers consumers a wide assortment of mortgage programs including refinance, home equity loans, debt consolidation, and new home purchase loans. Each of these loans have different options for you to choose from.
Fannie Mae News:
Bank of America Restates Profit, Adding $345 Million
Bank of America joins companies including Fannie Mae and General Electric Co.'s finance arm in acknowledging some transactions didn't comply with Statement of Financial Accounting Standards 133,
Crunch the numbers: With higher interest rates, refinancing is a challenge
that thanks to the booming housing market across the country, Fannie Mae raised the maximum loan amount for conventional loans to $417,000 at the end of this year, compared with $
Baby boomers knocking on reverse mortgage door
U.S. home funding source Fannie Mae (FNM.N: Quote, Profile, Research), which buys Home Equity ... there is no risk to Fannie Mae," which will be reimbursed by the mortgage insurance
US mortgage bond prepayments fell in October
on MBS guaranteed by Fannie Mae (FNM.N: Quote, Profile, Research) and ... 5 percent coupon Fannie Mae MBS created in 2003 and ... 8 percent, respectively. Fannie Mae 30-year 5.5 percent
Reverse Mortgage Lenders Implement New Locking Mechanism to Safeguard Consumer...
develop a program that benefits consumers and is acceptable by Fannie Mae, the nation's largest investor in reverse mortgages, including HECM loans. A reverse mortgage is a loan that
National Association of Hispanic Real Estate Professionals Attracts Fortune 500...
and sponsorship support from Fortune 500 companies like Fannie Mae, Freddie Mac, Bank of America, CitiMortgage, Chase Home Finance, Countrywide, New Century Financial, Genworth
Fannie Mae today announced the C.A.R. Employer Assisted Housing Program
Representatives from the California Association of REALTORS(R) (C.A.R.), Assemblymember Juan Vargas (D-San Diego), local lenders, and Fannie Mae today announced the C.A.R. Employer Assisted Housing Program,
Lenders lend a hand to Katrina Victims
to the credit bureaus. Mortgage buyers Freddie Mac and Fannie Mae also have adopted policies to allow mortgage servicers to suspend or reduce mortgage payments for customers
Some seniors stung by Reverse Mortgage
Lenders have since abolished these clauses, which are also called "equity share" or "contingent interest" clauses. Fannie Mae, which previously offered suchclauses in its Home Keeper reverse mortgages, stopped the practice in 2000.
Financing Companies Gain More No money Down Buyers
FannieMae and Freddie Mac -- the private mortgage companies created by Congress to make sure mortgage money is readily available to home buyers -- got the ball rolling in 2001 with products designed to cover down payment costs.
The 40-year mortgage, for years a niche product, is about to become mainstream.
Forty-year mortgages have been rare because lenders couldn't sell the loans to investors through the government-sponsored enterprises Fannie Mae and Freddie Mac.
CitiMortgage Partners with Family Housing Resources on Down Payment Plan
It brings together Fannie Mae and several local lenders to offer new ways to finance housing and improve rental properties.
GMAC Mortgage, Carper promotes minority home ownership
Fannie Mae (FNM) will be stepping up its purchases of these loans, providing lenders with an incentive to offer more of them.
Fannie Mae to expand purchases of 40-year mortgages
ET May 10, 2005 Fannie Mae (FNM) will be stepping up its ... of the month. Fannie Mae has been purchasing 40-year ... is relatively small, Fannie Mae spokeswoman Sandra Cutts said it
30-Year Fixed Rate Mortgage Alternatives
capping the mortgage-backed security (MBS) portfolios of Fannie Mae and Freddie Mac, the congressional chartered, secondary mortgage market makers. Critics claim these government
Desert Schools Federal Credit Union Purchases FICS' Commercial Servicer; CU to...
Accountant provides a complete investor remittance program, for Fannie Mae, Ginnie Mae, and other secured pool investors. "Desert Schools Federal Credit Union now positions itself
What are people saying about mortgages today:An explosion in overdue mortgages tailored to home buyers with less-than-sterling credit has driven foreclosure filings to record highs in Massachusetts. Freddie Mac, the second-biggest buyer of U.S. mortgages, plans to toughen its standards and stop buying certain types of risky loans that have been linked to a high number of defaults. General Motors Corp., the world's largest automaker, may take a charge of almost $1 billion to cover bad mortgage loans made by its former home-lending unit, according to a Lehman Brothers Holdings Inc. analyst.
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