From 1938 to 1968 Fannie Mae was by far the largest buyer and seller of government-insured mortgages. Congress took steps to increase competition in the secondary mortgage market by privatizing Fannie Mae in 1968 and by creating a similar GSE, the Federal Home Loan Mortgage Corporation, commonly...
Genaro C. Armas
先有的Fannie Mae，后有的Freddie Mac，正好一男一女两个名字。
Government-sponsored mortgage giant Fannie Mae is essentially forcing banks to repurchase any loan it wants if [the appraiser] refuses to use the comparables Fannie has selected. [The corporation] was created by the government, is controlled by the government, and operates for the government’s be...
WASHINGTON, May 9, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-fourth non-performing loan sale transaction. The deal, announced on April 9, 2024, included the sale of 1,154 deeply delinquent loans totaling $214.2 million in unpaid...
Fannie Mae's (FNM) MyCommunity Mortgage was at the forefront of the credit crisis, and had many sub-programs, all targeted at low income communities and borrowers. These programs supposedly highlighted the mission that made these GSEs as essential: they
Fannie MaeFNMA Fannie MaeFNMAFinancial Quotes $3.16-0.15|-4.53% November 27, 2024 4:00 PMESTVolume: 9,671,025 USDOTCQB - U.S. RegisteredDelayed PriceMarket Closed 1d 5d 1m 3m 6m 1y 5y Last 3.16 $ Chg -0.15 Open 3.32 High 3.42 ...
How we got here. Fannie Mae (otherwise known as the Federal National Mortgage Association) was created by an act of the United States Congress in 1938 as a government-sponsored enterprise (GSE) intended
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 ...
The Fannie Mae High Balance ARM program is a 30-year conventional loan that is fixed for the initial 5, 7 or 10 years and then coverts to a 1 year ARM for theremainder of the term. High balance ARMs provide for higher ...