Tag : Fannie Mae

New Construction Starts in April Slide 8 Percent

May 18, 2016

NEW YORK — The value of new construction starts in April fell 8% from the previous month to a seasonally adjusted annual rate of $608.3 billion, according to Dodge Data … Read More

Statement from NAHB Chairman Ed Brady on Housing Finance Reform Plan

March 23, 2016

WASHINGTON — Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., today issued the following statement regarding the housing … Read More

Report: Fannie Mae, Freddie Mac Set to Reduce Mortgage Balances

March 22, 2016

Housing Wire, citing a Wall Street Journal article reports that Fannie Mae and Freddie Mac will begin to cut mortgage balances later this year. The Wall Street Journal states that … Read More

Fannie Mae Expands Access to Credit

August 25, 2015

Fannie Mae announced Tuesday an innovative lending option aimed at helping creditworthy borrowers with lower and moderate incomes have access to an affordable, sustainable mortgage.  HomeReady mortgage features new functionality for … Read More

NLBMDA: Fannie and Freddie Attracting First-Time Homebuyers

February 5, 2015

On December 8, Fannie Mae and Freddie Mac announced programs allowing for a down payment requirement as low as 3%