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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
  • Cash sales decline as more homebuyers get financing

    Cash sales decline as more homebuyers get financing
    More than half of all South Florida home and condo sales in May were cash deals, but buyers who need mortgages shouldn't lose heart, a new report shows.
  • Developers accused in $16M mortgage fraud

    Developers accused in $16M mortgage fraud
    Two real estate developers and four of their alleged associates were indicted by a federal grand jury yesterday on charges that they participated in mortgage fraud resulting in the loss of more than $16 million to banks, mortgage lenders, Fannie Mae and...

    Mortgage rates hit high for 2015; 30-year loan averaging 4.08%

    Mortgage rates hit high for 2015; 30-year loan averaging 4.08%
    The economy's slow improvement is nudging mortgage interest rates higher, with home finance giant Freddie Mac saying the average for a conventional 30-year mortgage rose to 4.08% this week, its high point for the year.  Freddie Mac's weekly survey of...

    CEOs of mortgage giants Fannie and Freddie get big raises

    CEOs of mortgage giants Fannie and Freddie get big raises
    The CEOs of government-backed mortgage giants Fannie Mae and Freddie Mac are getting large raises, to about $4 million a year, as the government relaxes rules that were imposed on the companies after they suffered big losses and were bailed out. In...

    Business Highlights

    ___ US probing possible airline collusion that kept fares high The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press....