New Guidelines by Fannie Mae and Freddie Mac to Get Mortgages for Condominiums

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In: Mortgage News

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Last updated on April 5th, 2023 at 10:25 pmTo get new home loan credits upheld by Fannie Mae and Freddie Mac, condos are currently needed to stick to changing primary security necessities.  Following the Surfside, Florida condo tower breakdown inContinue Reading

Fannie Mae To Use Blend Rent Payment Data in Credit Access Expansion System

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In: Realtor News

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U.S. finance giant Fannie Mae has begun incorporating information from advanced financial startup Blend Labs Inc. into its endorsing system to make it more straightforward for banks to assess a borrower’s rental installment history when supporting a home loan. Fannie’sContinue Reading

Fannie Mae’s Earning Dropped This Quarter

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In: Mortgage News

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Last updated on December 5th, 2022 at 10:05 pmFannie Mae suffered a serious income decline for the third quarter of 2021, it slid down to $4.8 billion from $7.2 billion from Q2 to Q3.  The mortgage giant said the declineContinue Reading

Economic Growth Interpretation By Fannie Mae

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In: Realtor News

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Last updated on September 23rd, 2021 at 10:42 amDue to continuous supply chain disruptions and labor market burden, Fannie Mae’s Economic and Strategic Research (ESR) Group has lowered its 2021 real GDP growth forecast from 6.3 % to 5.4%. FannieContinue Reading