Fannie Mae, the Federal National Mortgage Association (FNMA), is agovernment-sponsored enterprise(GSE) chartered by Congress to stimulate homeownership and provide liquidity to the mortgage market.1Established in 1938 during theGreat Depressionas part of theNew Deal, Fannie Mae helps low- to moderate...
Reports on the partnership between the National Association for the Advancement of Colored People (NAACP) and the Federal National Mortgage Association to provide homeownership opportunities to minority families. Establishment of Community Development Resource Centers (CDRC); Praise for the CDRCs from ...
Fannie Mae offers flexible options to help encourage homeownership, including the ability to finance up to 97% of the home's purchase price. Also, foreclosure prevention and loan modification are available for Fannie Mae loans to those struggling to make their mortgage payments.5 The Bottom Line ...
NAACP, Fannie Mae Announce Homeownership AllianceMinority families in many cities can look forward to new opportunities for homeownership, thanks to a new partnership between Fannie Mae and the National Association for the Advancement of Colored People (NAACP).Imgrund, Jill...
BartaPatrickEBSCO_bspWall Street Journal Eastern EditionBarta, Patrick. "Fannie Mae, Freddie Mac Are Chided On Low-Income-Homeownership Effort." The Wall Street Journal. November 30, 2000.
Fannie Mae announces a $2 trillion commitment to more homeownership; Minorities, women targeted for help.(BUSINESS)Gendler, Neal
OPTIMISM AMONG BLACKS, HISPANICS ABOUT PROSPECTS FOR HOMEOWNERSHIP PREDICTS HIGHER MINORITY HOMEOWNERSHIP RATE, FANNIE MAE FOUNDATION SURVEYINDSTRY GROUP
Driven by demographic and social shifts including changes in the age distribution of the population, longer educational careers,delayed marriage and childbearing, and rising minority population shares, the number of young homeowners has been in decline for decades, with the exception of a growth spurt...
Fannie Mae and Freddie Mac issued a temporary moratorium on foreclosures and evictions because of the COVID-19 pandemic.4 What Is Fannie Mae? In the early 20th century, homeownership was out of reach for most people in the U.S.. Unless you could pay cash for an entire home (which few ...
Fannie Mae survey points the way to further expanding homeownershipSimpson, Bob