Fannie Mae News
Through Fannie Mae , US taxpayers provide backing for some rental home giants
Some renters of homes owned by the “billion-dollar landlords” highlighted in an ABC News investigation might be surprised to learn that they, as taxpayers, have a stake in their corporate landlord’s business. That’s because of a new initiative by the Federal Housing Finance Agency (FHFA), in which
Venezuela in crisis: 2 opposition leaders jailed amidst non-stop protests
Inside the once wealthy country now rife with hunger and fear because of horrific food and medicine shortages.
Excerpt: Ben Bernanke's 'The Courage to Act'
Excerpted from The Courage to Act: A Memoir of A Crisis and Its Aftermath by Ben S. Bernanke. Copyright © 2015 by Ben S. Bernanke. With permission of the publisher, W. W. Norton & Company, Inc. All rights reserved. Prologue: I Can Still Stop This . . . It was 8:00 p.m. Tuesday, September 16, 2008.
How to Get Your Finances in Order Before You Buy a Home
To successfully buy a home these days, you'll need patience, resilience to rejection and sound financial planning. You don’t need to earn gobs of money to successfully purchase a home -- well, depending on your area. You do, however, need to have enough income left over after your proposed mortgage
Fannie Mae , Freddie Mac Bailout Risk Rising
Fannie Mae and Freddie Mac, entities that received $188 billion in bailout funds in 2008, are at risk again, according to the Federal Housing Finance Agency.
Obama Unveils Plan to Cut Federal Mortgage Rates
The economy is stirring gas prices are plunging. Stocks are near record levels and some good job numbers out today there's one sectors still lagging housing. Hello everyone I'm Michelle Franzen in New York President Obama has traveled the Phoenix Arizona. And is about to address that issue in just
Morning Money Memo… New Mortgage Lending Rules
A change in federal rules on mortgage loans could soon give a lift to the housing market. Regulators have agreed to drop a proposed requirement that borrowers make a 20% down payment to qualify for a low-interest, high-quality mortgage. Freddie Mac and Fannie Mae are...
Can You Afford to Buy a Fixer-Upper?
Many homebuyers are drawn to the lure of the fixer-upper. And with good reason, at least on paper. But the “buy low, sell high” ethos of fixer-uppers isn’t exactly a guarantee. There are plenty of people who snagged the worst house in a great neighborhood and turned it into their dream home. You’re
Nearly 10M Americans With 'Underwater' Mortgages
According to Zillow.com, 18% of homes with mortgages are now worth less than is owed to the bank.
Ginger Zee, Sara Haines Plan Their Wedding
Special guest and "wedding maestro" Francesco Bilotto drops by with some special tips.