Tag Archive: Fannie Mae

FHFA Policy Changes May Loosen Lending Requirements

November 10, 2014 by 1 Comment

Many prospective homeowners believe saving money for a down payment and filing out the requisite paperwork is all they need to become a homeowner. Unfortunately, some have learned that tough lending requirements stand in their way to achieve this dream. But this could soon change thanks to new rules proposed by the Federal Housing Finance... View Article

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Watt’s Up For FHFA Post

November 26, 2013 by Leave a comment

  Watt’s Up For FHFA Post by Steve Viuker   President Obama received an early Thanksgiving gift as his party did a turkey trot around filibusters; thus paving the way for Mel Watt (D., N.C.) to likely be confirmed as the new director of the Federal Housing Finance Agency, which regulates bailed-out mortgage giants Fannie Mae... View Article

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FHFA Launches Campaign for the HARP Program

September 23, 2013 by Leave a comment

  FHFA Launches Campaign for the HARP Program by Patrick Merryman   The FHFA launched a program today to properly inform homeowners all over the country about the HARP program. The Home Affordable Refinance Program (HARP) is in place to give homeowners an option to refinance even if their home has lost some value.  HARP... View Article

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Congressmen and Regulators Continue to Spar Over Principal Reduction

May 2, 2012 by Leave a comment

There were some interesting developments over the past two days regarding the ongoing battle over mortgage principal reductions. In a letter dated May 1, Representatives Elijah Cummings (D-MD) John Tierney (D-MA) alleged that federal regulators withheld analysis from Congress showing that principal reductions could curtail losses from mortgage defaults.  In a letter to Ed DeMarco,... View Article

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