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>> FANNIE MAE Latest News

2 HOURS AGO - National Mortgage News

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New Refinancing Wave Could Hurt FHA Insurance Fund

The recent drop in interest rates has opened the door for lenders to refinance borrowers with high-cost Federal Housing Administration loans into conventional Fannie Mae and Freddie Mac loans.

Tags: New Refinancing Wave Could Hurt FHA Insurance Fund,  Fannie Mae Latest News

2 HOURS AGO - National Mortgage News

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GSE CEOs Not Waiting on Congress to Make Reforms

While Fannie Mae and Freddie Mac wait for Congress to decide when and how to act on housing industry legislation, the government-sponsored enterprises are working with their regulator on "nonlegislative GSE reform" that will better prepare them to implement new laws.

Tags: GSE CEOs Not Waiting on Congress to Make Reforms,  Fannie Mae Latest News

19 HOURS AGO - Pittsburgh Post-Gazette

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Fannie, Freddie to accept lower down payment mortgages

CHICAGO — Fannie Mae and Freddie Mac are close to allowing consumers to buy a home with as little as a 3 percent down payment and still have the mortgages backed by the two agencies.

Tags: Fannie, Freddie to accept lower down payment mortgages,  Fannie Mae Latest News

20 HOURS AGO - Los Angeles Times

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U.S. to ease repurchase demands on bad mortgages

Hoping to boost mortgage approvals for more borrowers, the federal regulator of Fannie Mae and Freddie Mac told lenders that the home financing giants would ease up on demands that banks buy back loans that go delinquent.

Tags: U.S. to ease repurchase demands on bad mortgages,  Fannie Mae Latest News

OCT 20, 2014 - St. Louis Post-Dispatch

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US regulator: Fannie, Freddie in deal with banks

WASHINGTON (AP) — A federal regulator says government-controlled mortgage giants Fannie Mae and Freddie Mac have reached an agreement with major banks that could expand lending.

Tags: US regulator: Fannie, Freddie in deal with banks,  Fannie Mae Latest News