The Federal Housing Finance Agency found the practice aimed at selling more real-estate owned homes to occupants had downsides, according to a recent order.

The Fannie Mae HomePath program aims to get foreclosures, short sales or forfeited properties back into the housing market as quickly as possible. This can help communities avoid issues like blight, ...

Fannie Mae claims the defaults are related to liens and poor property maintenance, not loan maturity. The dispute is connected to a long-standing battle between Moinian and the Katz family over ...