FANNIE MAE AND LENDER PARTNERS DELIVER MH FINANCINGFANNIE MAE HAS JOINED WITH NINE lenders to work toward transforming the manufactured-housing market, including providing purchasers of manufactured homes...
Honchos from FHA, Fannie Mae, Freddie Mac and FHFA, the agency overseeing Fannie and Freddie, laid out their positions on the state of the industry since the collapse, the Home Valuation Code of Conduct (HVCC) and recent and proposed legislative and policy changes at their agencies. According...
include funds in the loan amount to cover the costs of repairs, remodeling, renovations, or energy improvements to the property. Lenders have the option to deliver loans to us before completion of the renovation, subject to limited recourse and additional requirements the lender (or servicer) ...
The RefiNow program requires a reduction in the homeowner’s interest rate by a minimum of 50 basis points and savings of at least $50 in the homeowner’s monthly mortgage payment. Fannie Mae provides a $500 credit to the lender at the time that the loan is purchased if an appraisal was...
Fannie Mae buys mortgage loans from lenders to free up your lender's ability to make new loans to homebuyers. Typically, you would continue to make your mortgage payment to the same mortgage servicer. What Are the Benefits of a Fannie Mae Mortgage Loan? Fannie Mae offers flexible options to...
Fannie Mae to Let Any Lender Use New Patented Technology.The article looks at the decision of the Federal National Mortgage Association to allow any lender to use patented lending technology on a non-exclusive and royalty-free basis.Paletta...
Reports the decision of Fannie Mae Corp. to resort to small mortgage lenders in the U.S. Consolidation between the American Bankers Association (ABA) and the Independent Community Bankers of America; Arrangements of Fannie and Freddie Mac in gathering loans form smaller banks; Benefits from the ...
The article reports that CB Richard Ellis Group Inc.'s (CBRE) Multi-Housing Group has become a Fannie Mae Delegated Underwriting and Servicing (DUS)-lender in the U.S. The privilege allows the company to originate, underwrit...
Fannie Mae helps lender servicingClayton, Michelle
Muolo, Paul