Tag Archives: Fannie Mae

What happens when religious practices forbid some potential homeowners from traditionally entering the housing market and keep their properties? Some lenders are taking creative approaches to help these homeowners access the market without compromising their practices.

During the first quarter of 2016 Freddie Mac reported a net loss of $354 million while Fannie Mae reported a net income of $1.1 billion for Q1 and a positive net worth of $2.1 billion.

Corona Asset Management XVIII, LLC, is the winning bidder for Fannie Mae’s fourth Community Impact Pool of non-performing loans.

Serious delinquencies and foreclosures continue to decrease as the housing market returns to pre-crisis levels, but these numbers still remain high relative to the early 2000s.

Fannie Mae releases historical performance data that provides the market with the ability to analyze the performance of approximately 700,000 loans in Fannie Mae’s book of business that were modified due to delinquency.

What can be done to increase affordability for severely "cost-burdened" homeowners as the national homeownership rate falls further?

A little more than half of Americans think it is too difficult to buy a home, especially for non-whites, and they don’t trust banks will help them.

While HUD recently proposed changes to its distressed loan sale program allowing a "preferential bidding" option to involve more non-profits, Fannie Mae still sells its non-performing loans to the highest bidder.

Research done by Fannie Mae shows that although home prices continue to rise, many homeowners and borrowers alike continue to underestimate the amount of equity they have in their homes.

Fannie Mae and Freddie Mac have continued to complete foreclosure prevention actions, and are close to achieving a milestone in the number of permanent loan modifications completed since the start of the conservatorships.