Fannie Mae, formally known as the Federal National Mortgage Association (FNMA), is a government-sponsored enterprise (GSE) in the United States. Established in 1938, its primary mission is to ensure ...
Appraisal management company calls it a 'win' for the industry. Stating it wants to make the “home valuation process more efficient and accurate,” Fannie Mae on Wednesday released its March Selling ...
HomeReady mortgages are a type of conventional loan for lower-income borrowers, backed by Fannie Mae. To qualify for a HomeReady loan, your income can’t exceed more than 80 percent of your area’s ...
The Fannie Mae February Selling Guide has a series of updates, including the expansion of value acceptance and property data appraisal waivers to condominiums, cash-out refinance allowances for ...
NEW YORK, Nov 25 (Reuters) - Fannie Mae is taking steps that may reduce the number of loans it removes from mortgage-backed securities pools, a policy change that could help the government-controlled ...
Fannie Mae, officially known as the Federal National Mortgage Association (FNMA), plays a pivotal role in the U.S. housing market. It's a government-sponsored entity that provides liquidity to ...
Last spring, Fannie Mae introduced a policy update that had appraisers and lenders talking. But this change was really just a reminder of what’s already standard practice: analyzing and adjusting for ...
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