Tag: Fannie Mae

Fannie, Freddie to Allow Desktop Appraisals on New Construction Loans

Filed in Disaster Response, Housing Finance by on March 31, 2020 0 Comments
Fannie, Freddie to Allow Desktop Appraisals on New Construction Loans

The Federal Housing Finance Agency announced several loan processing flexibilities for Fannie Mae and Freddie Mac, including allowing desktop appraisals on new construction loans.

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Multifamily Owners, Renters to Receive FHFA Support

Multifamily Owners, Renters to Receive FHFA Support

The Federal Housing Finance Agency announced today that Fannie Mae and Freddie Mac will offer multifamily property owners mortgage forbearance with the condition that they suspend all evictions for renters unable to pay rent due to the impact of coronavirus. 

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FHFA Acts to Boost Liquidity and Facilitate Transactions in Mortgage Market

Filed in Housing Finance by on March 23, 2020 0 Comments
FHFA Acts to Boost Liquidity and Facilitate Transactions in Mortgage Market

The Federal Housing Finance Agency (FHFA) today authorized Fannie Mae and Freddie Mac to enter into additional dollar roll transactions to boost liquidity in the mortgage market. Dollar roll transactions provide mortgage-backed securities investors with short-term financing of their positions, providing liquidity to these investors.

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HUD, Fannie Mae and Freddie Mac Suspend Foreclosures and Evictions

Filed in Housing Finance by on March 18, 2020 0 Comments
HUD, Fannie Mae and Freddie Mac Suspend Foreclosures and Evictions

President Trump announced today that he has directed the Department of Housing and Urban Development to suspend foreclosures and evictions for mortgages insured by the Federal Housing Administration through the end of April. Fannie Mae and Freddie Mac will also follow suit and suspend foreclosures and evictions for at least 60 days.

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Fannie, Freddie Conforming Loan Limits to Top $500,000 in 2020

Filed in Housing Finance by on November 26, 2019 0 Comments
Fannie, Freddie Conforming Loan Limits to Top $500,000 in 2020

The Federal Housing Finance Agency (FHFA) today announced that the maximum baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2020 will increase to $510,400 from $484,350.

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Treasury and FHFA Allow Fannie Mae and Freddie Mac to Boost Capital Reserves

Filed in Codes and Standards, Housing Finance by on October 1, 2019 0 Comments
Treasury and FHFA Allow Fannie Mae and Freddie Mac to Boost Capital Reserves

The Treasury Department and the Federal Housing Finance Agency (FHFA) have announced an agreement that temporarily stops the net worth sweep by Treasury of Fannie Mae’s and Freddie Mac’s (the Enterprises) profits and allows them to increase their capital reserves to $25 billion and $20 billion respectively.

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Crapo’s Housing Finance Reform Plan Moves the Debate Forward

Filed in Advocacy, Housing Finance by on March 26, 2019 0 Comments
Crapo’s Housing Finance Reform Plan Moves the Debate Forward

NAHB today commended Senate Banking Committee Chairman Mike Crapo for developing his housing finance reform proposal and believes it will serve as an important marker to move the debate forward in Congress. Testifying on this issue before the Senate Banking Committee, Chairman Greg Ugalde said that an effective housing finance system must address liquidity as well as affordability.

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NAHB Commends Crapo Proposal to Move Housing Finance Reform Debate Forward

Filed in Advocacy, Housing Finance by on February 1, 2019 0 Comments
NAHB Commends Crapo Proposal to Move Housing Finance Reform Debate Forward

Senate Banking Committee Chairman Mike Crapo (R-Idaho) today released an outline to reform the nation’s housing finance system. NAHB sees this as a positive development to move forward on this important housing priority and Chairman Randy Noel issued a statement on the proposal.

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Fannie, Freddie Raise Conforming Loan Limits for 2019

Filed in Housing Finance by on November 27, 2018 0 Comments
Fannie, Freddie Raise Conforming Loan Limits for 2019

The Federal Housing Finance Agency (FHFA) today announced that the maximum baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2019 will increase to $484,350 from $453,100.

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Fannie Mae, Freddie Mac Multifamily Lending Caps Hold Steady in 2019

Filed in Housing Finance, Multifamily by on November 6, 2018 1 Comment
Fannie Mae, Freddie Mac Multifamily Lending Caps Hold Steady in 2019

The Federal Housing Finance Agency (FHFA) announced today that multifamily lending caps for Fannie Mae and Freddie Mac will be $35 billion for each enterprise in 2019, unchanged from the 2018 caps.

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