Items Tagged with 'Fannie Mae'

ARTICLES

  • Fannie Mae and Freddie Mac issue relief policies in wake of devastating California wildfires

    Victims will be eligible for up to 12 months of mortgage forbearance
    California’s wildfires have ravaged the state, claiming the lives of 44 people and destroying more than 100,000 acres. In response to this threat, Fannie and Freddie are reminding victims that mortgage assistance options are available for those affected by these deadly fires.
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  • Fannie Mae plans $145 million investment in LIHTC funds

    GSE continues to focus on affordable housing
    After re-entering the Low Income Housing Tax Credit market just over a year ago, Fannie Mae is continuing its focus on affordable rental housing in underserved markets by committing $145 million in new investments in LIHTC funds. Here's a breakdown on where the money is going.
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  • This is how much California's wildfires could cost homeowners

    More than $2 billion worth of homes at risk
    Wildfires are continuing to rage across the state of California, claiming the lives of at least 31 people and destroying more than 4,531 acres. An analysis by Realtor.com indicates that residents belonging to Butte and Ventura counties will have an especially hard time finding replacement homes.
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  • Bloomberg article targets one of Fannie and Freddie's biggest naysayers

    Josh Rosner's beef with IRS grabs some media attention
    According to Robert Schmidt, reporting for Bloomberg, vocal GSE critic Josh Rosner, who successfully runs a financial services business, is claiming financial disability is responsible for him not filing taxes accordingly. And now, Rosner wants his refund but the IRS is saying, "not so fast, loudmouth."
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  • Fannie Mae multifamily earnings increase in stable market

    More than 90% of financing directed to low-income housing
    Fannie Mae announced its third-quarter financial earnings on Friday, showing its multifamily sector posted solid gains. The company explained this increase was due to a rise in guarantee fee revenue as the multifamily guaranty book grew during the quarter, and about 90% of its multifamily financing created affordable housing for low-income families.
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  • Fannie Mae reports income of $4B in third quarter

    Will pay Treasury $4 billion in third quarter of 2018
    Fannie Mae reported Friday it posted a comprehensive income of $4 billion in the third quarter of 2018, rising from $3 billion in the third quarter of last year. Notably, Fannie Mae provided $140 billion in liquidity to the mortgage market through financing and refinancing 726,000 homes and rental units.
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