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Fannie Mae

A collection of news and information related to Fannie Mae published by this site and its partners.

Top Fannie Mae Articles see all

Displaying items 1-5
  • Lawmakers want to pare down HOAs' power in foreclosure

    Lawmakers who say a recent Nevada Supreme Court decision has given homeowners associations too much power to foreclose over unpaid dues are pushing for a last-minute legislative fix, saying the ruling could drag down the recovering market and threaten Nevadans' ability to get federally backed loans.
  • Southland groups cleaning up flood of foreclosures in the Chicago area

    Southland groups cleaning up flood of foreclosures in the Chicago area
    Slowly, home by home, the fallout from various shady home-loan lending practices that helped produce a flood of foreclosures and vacant homes throughout the south and southwest suburbs is being reversed. Still, depending on the community, stability in...

    Mortgage rates edge down: 30-year average at 3.84%, Freddie Mac says

    Mortgage rates edge down: 30-year average at 3.84%, Freddie Mac says
    Mortgage rates were little changed this week on mixed news for housing, with Freddie Mac saying the average rate for 30-year conventional loans was 3.84%, compared with 3.85% a week ago.  Lenders were offering 15-year fixed loans at an average of 3.05%,...

    With fewer houses on market, some areas see ominous trend in higher prices

    CHICAGO Homebuyer Maria Casillas drags her two kids from one prospective home to another, surprised to learn that most everything desirable in her price range is quickly gone. Working-class neighborhoods here are seeing bidding wars between buyers. She's...

    Super Liens A Risk For Buyers Of Home With HOA

    Could some of the nearly 67 million Americans who live in communities governed by homeowner associations — condominiums, master-planned developments, cooperatives and others — face much tougher underwriting and higher interest rates when...