News

Fannie Mae is finalizing a national policy that will allow tenants to remain in their homes even if their landlord goes into foreclosure -- a landmark decision for tenants. The policy will be in ...
The Federal Housing Finance Agency said it's ordering Fannie Mae and Freddie Mac to suspend foreclosures and evictions for at least 60 days. The decision was announced shortly after President ...
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What is Fannie Mae HomePath?
The Fannie Mae HomePath program offers an opportunity for homebuyers to purchase foreclosed, forfeited or short sale ...
That announcement was not retroactive, meaning it only applied to new pre-foreclosures, not homes already in pre-foreclosure status. But that’s not the case anymore, as Fannie Mae announced this ...
Fannie Mae's new policy - the National Real Estate Owned (REO) Rental Policy - comes even as Fannie is operating under a temporary suspension of evictions due to expire at the end of the month.
In 2011, Fannie Mae repaired 89,800 such properties, and sold 244,000. As of 2020, Fannie Mae’s REO portfolio is 17,500. As part of the settlement agreement, Fannie Mae will pay $53 million ...
Fannie Mae and Freddie Mac have spent $8.5 billion on foreclosed homes since 2007, the Federal Housing Finance Agency’s auditor said in a report urging the regulator to ensure taxpayer money isn ...
NEW YORK (CNNMoney.com) -- Mortgage giants Fannie Mae and Freddie Mac have directed their network of servicers to halt all foreclosure and eviction proceedings between Nov. 26 2008 and Jan. 9 ...
Real estate-owned (REO) property—also called bank-owned property—is property owned by a lender (like a bank or credit union) or government entity (like Fannie Mae or Freddie Mac) rather than ...
WASHINGTON – Fannie Mae and Freddie Mac announced Thursday that they are temporarily suspending foreclosures and evictions during the holiday season in an effort to keep people from losing their ...