Fannie Mae Archive

Largest Source of Mortgage Funds in U.S. Tries to Help Homebuyers Struggling With Student Debt

Fannie Mae has come to recognize the problem people are facing when they’d like to buy a house but they’re hemmed in by tens of thousands of dollars of student loan debt. First, in calculating loan applicant’s debt-to-income ratio,...

No Federal Guarantee, No 30-Year Mortgage

The looming debt ceiling crisis and the federal government shutdown have pushed aside pretty much every other issue in Washington today, but it won’t be too long before one of the major real estate issues facing the federal government...
October 16, 2013

To Speed Short Sales, Work With Fannie Mae from the Start

Problems getting action on short sales aren’t in the news as much as they were a few years ago but they remain a stumbling block to business and efforts to speed up processing are still needed. Fannie Mae is...
June 6, 2013

Fannie, Freddie No Longer Have to Borrow from the U.S. to Pay the U.S.

The country’s two secondary mortgage market companies Fannie Mae and Freddie Mac will no longer have to borrow money from the U.S. Treasury to make their quarterly dividend payments to the federal government (in effect borrowing from the Treasury...
August 17, 2012

How to Submit Offers for Fannie REOs

REOs and other distressed sales make up about a third of the market today on a national basis and NAR’s just-released Investment and Vacation Home Buyers Survey shows that distressed homes comprise about a quarter of the homes bought...
March 29, 2012

Fannie Mae Rolls Out Online-only REO Offers

If you’re working with a buyer who’s interested in submitting an offer for a Fannie Mae REO, you’ll have to do it online. The secondary mortgage market company last week launched an all-online system for submitting offers on its...
February 7, 2012

GOP Debate Sidesteps Fannie, Freddie Reform

By Brian Summerfield, Online Editor, REALTOR® Magazine A subject we’ve talked about a great deal here on the Speaking of Real Estate blog got some play during the Republican presidential debate last night in Jacksonville. (Transcripts are available here.)...
January 27, 2012

Lawmakers Expected to Look at Fannie, Freddie Reform This Spring

Since the market downturn several years ago lawmakers in Washington have been talking about reforming the secondary mortgage market but nothing has come out of Congress yet. This year, though, a lot of progress is expected to be made...
January 17, 2012

Volcker Speaks: Are the Right People Listening?

By Stacey Moncrieff, Editor in Chief, REALTOR® Magazine In “How Mr. Volcker Would Fix It,” New York Times business writer Gretchen Morgenson examines Paul Volcker’s speech at a Group of Thirty meeting, in which he called for an eventual...
October 23, 2011

Fraud: Are Your Clients Using Reverse Staging?

By Robert Freedman, Senior Editor, REALTOR® Magazine If you’re thinking about working with a financially distressed seller and the house he wants to sell is trashed, take the extra time to be sure he didn’t trash it himself. One...
September 7, 2011