Jan 11th 2011 10:21AM
Fannie Mae will be raising its mortgage fees this spring in an effort to cover its risk, or perhaps to make up ground for the losses it felt with the housing downturn. So although homebuyers might benefit from the lower prices on homes for sale, you'll be paying more in fees, when and if you qualify for a Fannie Mae... Continue Reading »
Dec 24th 2010 9:00AM
Fannie Mae and Freddie Mac were in the news a lot this year. For starters, there was the presidential summit in August, to solicit ideas for what to do with the ailing government-sponsored enterprises (GSEs for short). That was followed by midterm-election wrangling over whether to replace the struggling mortgage giants... Continue Reading »
Aug 17th 2010 11:44AM
While the Treasury Department hosts today's conference about the future of the GSEs Fannie Mae and Freddie Mac, you may be wondering what is a GSE and how did we get into this mess in the first place? For more conference-related coverage from AOL Real Estate, read these columns by housing experts Alyssa Katz, Jeff... Continue Reading »
Aug 11th 2010 12:41PM
More and more lawmakers are declaring the federally funded HAMP mortgage modification program a failure. Rep. Spencer Bachus (R.-Ala.), the ranking Republican on the Financial Services Committee (at left in photo), thinks he knows why. Bachus delivered a letter to committee chairman Barney Frank (D.-Mass.) requesting an... Continue Reading »
Aug 6th 2010 1:21PM
The housing market is still ailing, but Fannie Mae is slowly recovering, another indicator that the overall picture for real estate is improving ever so slightly. For the second quarter of 2010, Fannie lost $1.2 billion, compared to the $14.8 million loss it filed in the same quarter of 2009. The prospects of Fannie and... Continue Reading »
