Home Buying, Housing

High prices and low inventory frustrate buyers

By Mike Wheatley | June 11, 2021
Home buyers are getting more frustrated with the rising prices and lack of options in the housing market. Fannie Mae’s latest Home Purchase Sentiment Index reveals that just 35% of people believe now is a good time to buy a home, down from 47% just a month ago. Moreover, the percentage of people who think […]
Mortgage

Fannie & Freddie's new mortgage payment deferral plan

By Mike Wheatley | March 31, 2020
Fannie Mae and Freddie Mac have announced a new payment deferral option for homeowners who’re struggling to meet their mortgage repayments. The new option is available regardless of if homeowners are struggling to pay due to the coronavirus outbreak, HousingWire reported. The new option would enable homeowners to defer payments for up to two months, […]
Mortgage, Real Estate

Fannie Mae & Freddie Mac ease mortgage requirements

By Mike Wheatley | March 26, 2020
Fannie Mae and Freddie Mac have been told by the Federal Housing Finance Agency to come up with alternatives to appraisal requirements and employment verification on loans they service through May 17, in response to the COVID-19 shutdown. “To allow for homes to be bought, sold, and refinanced as our nation deals with the challenges […]
Featured News, Home Sales, US Real Estate

Fannie Mae says housing will boost economic growth in 2020

By Mike Wheatley | November 21, 2019
Fannie Mae has upgraded its economic outlook for 2020, saying it expects the economy to get a big boost from growth in the housing market. Fannie Mae’s Economic and Strategic Research Group said in a report this week that housing helped the economy to grow in the third quarter of 2019 for the first time […]
Mortgage, US Real Estate

Fannie and Freddie introduce new standard mortgage application form

By Mike Wheatley | October 29, 2019
Fannie Mae and Freddie Mac say their redesigned mortgage application form came into effect last week. The new form removes certain questions over applicant’s language preferences and housing counseling information. The Uniform Residential Loan Application is a standardized form that needs to be completed by most borrowers when they apply for a mortgage. Last weeks’ […]
Mortgage, US Real Estate

Fannie & Freddie allowed to retain their profits

By Mike Wheatley | October 3, 2019
The government says Fannie Mae and Freddie Mac will be allowed to retain $45 billion worth of their earnings this year, as part of a plan to help the government-sponsored entities return to private ownership. The vast majority of Fannie’s and Freddie’s profits have gone to the U.S. Treasury Department ever since they went into […]
Featured News, Mortgage, US Real Estate

White House proposes to end conservatorship of Fannie and Freddie

By Mike Wheatley | September 9, 2019
U.S. President Donald Trump’s administration last week put forward several proposals aimed at modernizing the Federal Housing Finance Agency and ending the federal government’s decade-long conservatorship of the government-sponsored enterprises. The proposals came following a demand from President Trump that responsible agencies come up with some meaningful reforms to the system, in order to reduce […]
  • Sign up to Realty Biz Buzz
    Get Digital Marketing Training
    right to your inbox
    All Contents © Copyright RealtyBizNews · All Rights Reserved. 2016-2024
    Website Designed by Swaydesign.
    linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram