Monday Morning Cup of Coffee: Time to cut the MLS cord?

Monday Morning Cup of Coffee: Time to cut the MLS cord?

Plus housing metrics, the incredible shrinking GDP, and kicks are for TRIDs

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance
W S
Lending / The Ticker

Fannie Mae to sell Washington headquarters

Fannie consolidates into single office

homeless
/ Print / Reprints /
| Share More
/ Text Size+

Fannie Mae is saying goodbye to its iconic, mansion-like headquarters, located at 3900 Wisconsin Ave., according to an article in The Wall Street Journal.

The article explains that the move is connected to the government-sponsored enterprise’s consolidation of its five D.C.-area offices into a single, leased office building.  And while a new location has yet to be decided, Fannie would prefer that it be in downtown D.C.

The spokesperson said that the move is in preparation of the expiration of the leases on two of its D.C. offices. The company has also lately had to deal with aging infrastructure in some locations, including at the main building, she said.

Source: WSJ
Read full story

Recent Articles by Brena Swanson

Comments powered by Disqus