New home sales plummet 14.5% in March

New home sales plummet 14.5% in March

Spring buying season off with a whimper

4 metrics reveal California's true housing market

Foreclosures dwindle as home prices skyrocket

HUD’s Donovan: This is the worst rental crisis in this nation, ever

Says administration is very pleased with Johnson-Crapo
W S
Servicing / The Ticker

Fannie, Freddie to allow on-time borrowers to walk away

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

Fannie Mae (FNMA) and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties, helping Americans escape underwater loans while adding to losses at the mortgage giants bailed out with $190 billion of taxpayer money.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus