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Tag Archives: Fannie Mae

Minorities and Young Keep Homeownership Dream Alive

Fannie Mae’s latest National Housing Survey found that younger Americans, Hispanics, and African-Americans are generally more positive about owning a home than the general population even though Gen Yers and minorities suffered the steepest decline in homeownership over the past five years. Read More »

Obama Plan for Fannie and Freddie Holds Short-term Surprises

The Administration’s plan to wind down Fannie Mae and Freddie Mac over the next five to seven years and replace their functions with new regulation and private sector capital announced this morning contains some short term surprises that will impact real estate consumers and the housing economy within the next year. Read More »

Consensus Sees Better Sales by Mid 2011

Though most forecasters are bearish on the outlook for property values next year, due largely to the overhang of foreclosures that is worsening with the self-imposed moratoria by several big lenders, a consensus is building for improved demand by next summer as the overall economic picture brightens. Read More »

Fannie and Freddie Trump Homebuyer Tax Credit

Keeping Freddie and Fannie solvent has cost taxpayers six times as much as the homebuyer tax credit and, depending on the economy, could just about equal the cost of mortgage interest deduction over the next two years, according to projections released yesterday by the Federal Housing Finance Administration. Read More »

Earn a 25% Commission Rebate on Any Home Purchase!