Two changes have recently been announced by Fannie Mae (FNMA). One will affect borrowers' ability to repurchase after a short sale, and the other relates to discontinuing the popular Home … [Read more...]
Mortgage Rates Will Probably Rise if Congress Overhauls Fannie Mae and Freddie Mac
The Wall Street Journal reports that mortgage rates are expected to rise if congress passes legislation to reform Fannie Mae and Freddie Mac. You may be keeping up with news about congressional … [Read more...]
Mortgage Lending System May Become More Like a Public Utility
The New York Times reports that Representative Maxine Waters submitted a proposal for winding down Fannie Mae and Freddie Mac. This is not the first proposal submitted attempting to overhaul the … [Read more...]
