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Home | Tag Archives: Fannie Mae

Tag Archives: Fannie Mae

Fannie Mae Expects Slow But Sure Housing Growth in 2015

Outlook, Fitch Ratings

Where the U.S. housing market is concerned, Fannie Mae chief economist Doug Duncan said he is anticipating overall weaker home sales in 2014 than in 2013. But he expects that overall home sales in 2015 will post their best performance since 2007 despite seeing only moderate growth for the year.

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Investors Shore Up Stock in GSEs

Fannie-Freddie-logos

Two major investors have shored up their stock in Fannie Mae and Freddie Mac after a judge dismissed two lawsuits regarding the sweeping of GSE profits into the U.S. Department of Treasury, causing the price of GSE stock to plummet.

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Fannie Mae Announces Modification Interest Rate Hike

rising-interest-rates

Fannie Mae announced earlier this week it will be adjusting the required interest rate for its Standard Modification Program. The new interest rate of 4.5 percent will be effective for all Fannie Mae mortgage loans approved for the Standard Modification Program on or after October 14, 2014.

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