Appraisal news for real estate appraisers and real estate professionals regarding Fannie Mae. News relating to the Appraisal Industry.
The article reports on the launch by U.S. government-sponsored enterprise Fannie Mae of its Servicing Management Default Underwriter, a software designed to assist mortgage servicers to streamline the process of helping homeowners prevent foreclosure.EBSCO_bspTotal Securitization & Credit Investment...
HomePath.com is the Official foreclosure website owned by Fannie Mae. Find Fannie Mae foreclosures exclusively on HomePath.com.
Like Fannie Mae’s programs, the 5%-down Home Possible loan program allows 2-4-unit properties. Wondering why you might consider Freddie Mac’s Home Possible program over FHA’s 3.5%-down loans? Because of two other nice perks of both Freddie Mac’s Home Possible and Fannie Mae’s HomeRe...
If you find a foreclosure that you like and want to make an offer, you must follow procedures similar to making an offer on a non-foreclosed home. You need a standard real estate contract as provided by your real estate agent, as well as a Fannie Mae real estate purchase addendum. You...
The release on Fannie Mae's website said, "The temporary suspension of foreclosures is designed to allow affected borrowers facing foreclosure to retain their homes." The release from Freddie Mac had a similar reasoning: "The temporary suspension is also expected to give servicers more time to ...
It functioned not only to aid prospective home buyers who could not afford high-rate mortgages but also to help existing home owners refinance their mortgages to avoid foreclosure. Fannie Mae purchased loans insured by the Federal Housing Administration (FHA) and later by the Veterans Administration...
Fannie Maeis the common name for theFederal National Mortgage Association (FNMA). It was founded in 1938 during the Great Depression as part of the New Deal economic revitalization program. This program sought to increase mortgage lending and home ownership. In 1968, it became a publicly traded...
When foreclosures arise on mortgages in which Fannie Mae is the owner or investor, or when properties are acquired throughdeeds instead of foreclosureor forfeiture, Fannie Mae attempts to sell the properties promptly to minimize potential impacts on the community. HomePath by Fannie Mae is where h...
When foreclosures arise on mortgages in which Fannie Mae is the owner/backer, or when properties are acquired throughdeeds in lieu of foreclosureorforfeiture, Fannie Mae attempts to sell the properties in a timely manner to minimize potential impacts on the community. Via its website,HomePath, F...