News

President Trump is advocating for the privatization of Fannie Mae and Freddie Mac, potentially impacting mortgage rates and ...
Financial giant Fannie Mae will launch its AI-powered unit to detect and prevent mortgage fraud in a partnership with AI ...
A new report finds a direct link to foreclosures from climate change and suggests as lenders factor that risk into ...
Most lenders require proof of at least two years of self-employment history. “Not only must the individual have been in ...
Mortgage balances rose to $12.8 trillion, according to the Household Debt and Credit Report from the New York Fed, based on ...
Numbers jumped after the expiration of a moratorium at the end of 2024, but rates of foreclosure rose across all loan types, ...
Home lenders and their partners have been cheating New Yorkers by inflating what they owed on home equity loans that fell into foreclosure, according to lawsuits filed Thursday. The systematic ...
Defendants named in the cases, which seek class-action status, include units of Fannie Mae, Deutsche Bank AG ... lenders collect payments and handle foreclosures. The list also includes the ...
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 ...
Sort of. The closest is Fannie Mae’s HomePath ReadyBuyer program, outlined above. Freddie Mac offers a similar program through HomeSteps to sell off its REO properties. The program only operates ...
Fannie Mae's economists expect only 4 million existing ... to affected homeowners but also to impose a moratorium on foreclosures of mortgages insured by the Federal Housing Administration.
Fannie Mae is currently selling at $1.07 with a $ ... Loan charge-offs due to home foreclosures are currently about 2 bp. That leaves about 25 bp of the 47 bp of revenues as profit at present ...