Fannie offers dismal housing outlook

Mortgage finance firm cuts quarterly dividend as it moves to shore-up capital in the face of losses. NEW YORK (CNNMoney.com) -- Mortgage financer Fannie Mae warned Tuesday that the tumbling home values and loan defaults that ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , , May 6th, 2008

Federal banks can buy more mortgage-backed debt

The nation's 12 Federal Home Loan Banks were freed Monday to boost their purchase of mortgage-backed bonds by about $150 billion -- another government step to pump money back into a market that slumped as ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , , March 25th, 2008

Gov’t Eases Fannie, Freddie Restraints

Government Enacts Plan to Ease Capital Restraints on Fannie, Freddie; Goal Is $200B Infusion WASHINGTON (AP) -- The government on Wednesday relaxed capital requirements at Fannie Mae and Freddie Mac as part of a plan to ... More... (Mortgage News)
Add a Comment , , March 20th, 2008

Mortgage lenders to pump $200 billion into markets

WASHINGTON (Reuters) - The two largest U.S. mortgage finance companies on Wednesday won approval to pump up to $200 billion into the distressed U.S. mortgage market, the latest step in government efforts to stabilize credit ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , , March 19th, 2008

New Fannie, Freddie rules: $200B for mortgages

$200B added to mortgage pipeline Regulators are lowering capital requirements for mortgage finance firms - a move that could pump hundreds of billions more into mortgage market but raises risks. NEW YORK (CNNMoney.com) -- An additional $200 ... More... (Mortgage News)
Add a Comment , , March 19th, 2008

Most U.S. Stocks Advance; Fannie Mae, Morgan Stanley Gain

March 19 (Bloomberg) -- Most U.S. stocks rose as approval for Fannie Mae and Freddie Mac to buy more mortgages and better- than-forecast earnings at Morgan Stanley overshadowed a drop in energy shares. Fannie Mae and ... More... (Mortgage News)
Add a Comment , , March 19th, 2008

The next shoe to drop in housing

Rising foreclosures and big losses at Fannie Mae and Freddie Mac are making it harder for people with good credit backgrounds to get a traditional mortgage. NEW YORK (CNNMoney.com) -- The credit crunch has finally hit ... More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , , , , March 14th, 2008

Risks seen for growing Fannie, Freddie

Loosening the regulatory reins around Fannie Mae and Freddie Mac gives them the freedom to play a bigger role in trying to stabilize a worsening housing market. The danger, some analysts say, is that the government-sponsored ... More... (Mortgage News)
Add a Comment , , March 1st, 2008

Freddie Mac loss swells as mortgage crisis deepens

NEW YORK, Feb 28 (Reuters) - Freddie Mac, the second-biggest provider of U.S. residential mortgage funding, on Thursday said its fourth-quarter loss widened to a record $2.5 billion as the housing crisis worsened. Freddie Mac, as ... More... (Mortgage News)
Add a Comment , , , March 1st, 2008

Inland real estate industry holds its breath as FHA crunches numbers for new loan ceiling

Homeowners and buyers in Inland Southern California will learn next month if they will benefit from new federal guidelines designed to spur house sales and to help people refinance to avert foreclosure. Ironically, this area's fast-falling ... More... (Mortgage Education, Mortgage News)
Add a Comment , , , , February 25th, 2008