Homeowners facing lost income from COVID-19 may get mortgage relief

Mar 25, 2020
Renters could also get a break if their landlords seek assistance.
If your mortgage is backed by Fannie Mae, Freddie Mac or the Federal Housing Administration, you may be able to suspend or lower your payments for up to 12 months if you’ve lost income due to the pandemic.
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Positive signs for the housing market heading into 2020

Dec 24, 2019
2019 started out on a down note, with 30-year mortgage rates having spiked just below 5%.
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Consumer lending is a bright spot for big banks

Oct 17, 2019
Even as retail sales growth is showing signs of stalling, consumers are continuing to borrow.
The JP Morgan Chase headquarters in Manhattan.
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New rule could hurt home appraisal business

Oct 9, 2019
Some 40% of home sales may no longer require appraisals.
A house for sale in Miami, Florida.
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The government is buying up mortgages with climate risk — report

Sep 30, 2019
A new report says banks are selling mortgages at risk of natural disaster-related default to government-backed mortgage giants.
A man carries an American flag he found as he walks on the foundations of homes demolished by hurricane Michael in October 2018 in Mexico Beach, Florida.
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What you need to know about the Trump plan to set Fannie Mae and Freddie Mac free

Sep 6, 2019
The White House released its plan to end government stewardship of the companies that control half of all mortgages in the U.S.
Freddie Mac headquarters in McLean, Virginia, in 2010.
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What's next for Fannie and Freddie?

Sep 4, 2019
A Trump administration plan for reform is expected soon.
A view of mortgage finance giant Fannie Mae as seen in 2006 in Washington, DC.
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For public good, not for profit.

More people could qualify for mortgages under new rule

Aug 14, 2019
The Federal Housing Finance Agency this week announced a new rule that will open up competition for which score, or scores, Fannie Mae and Freddie Mac use.
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Why low mortgage rates don’t always mean more home sales

Jun 25, 2019
New home sales are down, even though mortgage rates are down, too. But low mortgages aren't the deciding factor when it comes to buying a home.
A sale-pending sign is posted in front of a home in San Francisco.
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With mortgage delinquencies at a low, can lenders afford to loosen up a bit?

May 14, 2019
Consumer advocates say it's time to loosen restrictions imposed after the housing collapse.
A foreclosure sign.
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