Tag Archives: “Fannie Mae”

FannieMae: ‘Housing Upturn Intact, Provides Tailwind to Economy’

FannieMae has just released its March 2013 Economic & Housing Outlook provided by Fannie Mae’s Economic & Strategic Research Group. You can find the news elease here: Economic Growth Poised to Strengthen – Businesses and Consumers Apathetic Toward Fiscal Drag … Continue reading

Posted in Market Trends | Tagged , , | 2 Comments

RU Fannie/Freddie?

So HARP 2.0 has launched, but your loan must be owned by Fannie Mae or Freddie Mac to qualify or even get considered. If you want to avoid a 2 hour phone queue with Citi/Chase/ BofA/ Wells just to ask … Continue reading

Posted in Foreclosures, General, Lending | Tagged , , | 5 Comments

Fannie Mae offers 3.5 percent in closing credits to buyers

Fannie Mae is offering a special offer to buyers of its HomePath® properties (Fannie Mae foreclosures).  Buyers who close on a HomePath® property by June 30th can receive up to 3.5 percent of the sales price to be credited toward … Continue reading

Posted in Foreclosures, News | Tagged , , | 7 Comments

Fannie Mae in town Friday and Saturday

In the past two days I have received the information below from local title companies, local lenders, and NVAR (Nevada Association of REALTORS).  Fannie Mae is really getting the word out on its next visit to Reno. If you are … Continue reading

Posted in Foreclosures, Legal, Lending | Tagged | 1 Comment

Have you heard of the HVCC?

Fannie Mae’s Home Valuation Code of Conduct (HVCC) went into effect on May 1, 2009.  The original intention of the HVCC was “[t]o help enhance the integrity of the home appraisal process in the mortgage finance industry…in March 2008, Fannie … Continue reading

Posted in Lending, News | Tagged , , , | 3 Comments

What Happens Now With Fannie and Freddie?

The following post is from Stephanie Hanna, a lender we work with. It provides an inside the lending industry view on the latest government actions to save Fannie and Freddie. It’s official. On Sunday, Treasury Secretary Paulson placed Fannie Mae … Continue reading

Posted in Lending | Tagged , , , | 3 Comments

Fannie Mae and Freddie Mac Loan Limits – Follow-Up

[As a follow-up to yesterday’s post regarding the announcement of the new FHA, Fannie Mae and Freddie Mac loan limits, I’m posting an email I received this morning from Lisa Fleck, a Senior Mortgage Planner at Indymac Bank.] As expected Fannie … Continue reading

Posted in Lending, News | Tagged , , , | 3 Comments

New FHA, Fannie Mae and Freddie Mac Loan Limits Announced

Today the new FHA and Fannie Mae- Freddie Mac conforming loan limits have been released by the U.S. Department of Housing and Urban Development. Here’s a link to HUD’s site for finding the new conforming loan limits for a specific … Continue reading

Posted in Lending, News | Tagged , , , | 1 Comment