Fannie Mae and Freddie Mac Conventional FHA Alternatives
The changes in FHA-backed financing have many homebuyers seeking an alternative and, although it’s been around since 2006, Fannie Mae’s My Community Mortgage Program’s time has come. This is a conventional loan product, ideal for first-time homebuyers lacking a large down payment and with limited credit histories. With flexible underwriting and a 3 percent down […]
5 Cities Buck Real Estate Trends While Housing Market Still Struggles
January 6, 2012
in This Week in Real Estate Tagged fannie mae, florida, freddie mac, home financing, housing market, investment, louisiana, real estate market, texas, washington dcThe Debate Over Fannie and Freddie Does the answer to falling home prices and rising foreclosures lie in empowering Fannie Mae and Freddie Mac? That’s what the Federal Reserve thinks. The Fed told Congress this week that part of the remedy for the long ailing housing market could be in allowing the mortgage Goliaths to […]
Real Estate News: Do We Need Freddie Mac and Fannie Mae?
September 16, 2011
in This Week in Real Estate Tagged fannie mae, florida, foreclosure, freddie mac, mortgageThere’s a flicker of hope despite the nightmarish poverty and unemployment numbers released in the past week. Signaling that the government is indeed concerned about the housing market situation, top Senate lawmakers started debating housing finance reforms at a Congressional panel. Among the issues taken up were whether to wind down government backed entities Fannie […]