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...
The Fannie mae HomeReady financial system will bring an incredible opportunity to pick a property, or re-finance an existing financial. This choice also provides flexible specifications assistance, aggressive mortgage terms and conditions, and you can a reduced down-payment solution. Federal national m...
TheFannie Mae HomeReady programis available to first-time and repeat buyers and current homeowners. It allows individuals to buy or refinance a property with 3% down or 3% in equity. This is a program designed to help low- to moderate-income borrowers; only those making 80% or less of the...
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...
Fannie Mae Launches New Short-Sale Tool.The article reports on the Federal National Mortgage Association's (Fannie Mae) launch of an expanded HomePath for Short Sales tool to help real estate professionals prevent foreclosures and stabilize neighborhoods....
Rumors for months, an investigation by the U.S. Department of Justice into accounting practices at mortgage giant Fannie Mae was confirmed by the company. The move increases the likelihood of tighter regulation of ...