Lenders are still anticipating a shift in mortgage lending from refinancing to purchase loans, but it may not be as sudden as anticipated. Source: Inman…
Posts published in “fannie mae”
Having put the brakes on the Trump administration’s plans to reprivatize Fannie and Freddie, Democrats have been pushing for the “government sponsored enterprises” to provide…
Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently…
The Biden administration wants to give owner occupants a better shot at purchasing homes repossessed by HUD, Fannie Mae and Freddie Mac. Source: Inman News
Mortgage lenders are more likely to turn down homebuyers of color than white applicants with similar attributes, and algorithms are likely to blame, according to…
The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed…
The Federal Housing Finance Agency wants at least 35 percent of the purchase mortgages backed by Fannie and Freddie to be taken out by low-…
Fannie and Freddie will use new price-based qualified mortgage rule for loans with settlement dates after Aug. 31. Source: Inman News
Would-be homebuyers with thin credit files will have a better chance of getting approved for a mortgage if they’ve been paying their rent consistently, thanks…
Most Americans don’t think prices will be higher in 12 months but that mortgage rates will rise, according to a new Fannie Mae survey. Source:…