FHFA tells Fannie & Freddie to focus on housing affordability in 2022

FHFA tells Fannie & Freddie to focus on housing affordability in 2022

The Federal Housing Finance Agency has put affordability at the top of its agenda in its annual to-do list for government-sponsored enterprises, Fannie Mae and Freddie Mac. In its 2022 Scorecard, the FHFA also called on Fannie and Freddie to update their pricing...
Fannie Mae & Freddie Mac to raise loan limits to almost $1 million in some areas

Fannie Mae & Freddie Mac to raise loan limits to almost $1 million in some areas

Prompted by a massive rise in home prices over the last year, Fannie Mae and Freddie Mac are reportedly planning to revise the maximum size of the mortgages they’re prepared to back next year. According to the Wall Street Journal, the government sponsored entities are...
Fannie Mae to allow third-party homeownership education courses

Fannie Mae to allow third-party homeownership education courses

Fannie Mae has said it will allow third-party operators to provide the homeownership education courses that many buyers are compelled to take to secure a mortgage. The organization said the third-party homeownership education providers will have to be aligned with the...
June 2021 Signals Indicate Housing Market Easing

June 2021 Signals Indicate Housing Market Easing

Buying a home right now is probably not the best idea. Five thousand real estate agents just clicked off of their web browsers, I know, but 64% of potential home buyers agree with me. Fannie Mae’s Home Purchase Sentiment Index for June reveals the big “turn off”...