WASHINGTON — Some Americans will soon be able to buy a home with a down payment as low as 3 percent, compared with the current minimum of 5 percent, the mortgage giants Fannie Mae and Freddie Mac say. The new ...Read More »
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In what may prove to be a controversial move, the Federal Housing Financing Agency has directed Fannie Mae and Freddie Mac to alter their policies on the sale of some 121,000 foreclosed properties in their portfolios. But just how many ...Read More »
BOSTON — A federal judge has dismissed a lawsuit filed by Attorney General Martha Coakley against the Federal Housing Finance Agency and mortgage giants Fannie Mae and Freddie Mac, saying the court doesn’t have oversight of the matter. Coakley sued ...Read More »
WASHINGTON — Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007. ...Read More »
Federal Housing Finance Agency Director and former Charlotte area U.S. Rep. Mel Watt will be a featured panelist at the 2014 American Mortgage Conference in Raleigh from Sept. 8-10 at the Crabtree Marriott, according to a North Carolina Bankers Association ...Read More »
BOSTON — Attorney General Martha Coakley has sued the Federal Housing Finance Agency and mortgage giants Fannie Mae and Freddie Mac for refusing to comply with a state law designed to stem the tide of foreclosures in Massachusetts. The lawsuit ...Read More »
A third of the nation’s U.S. senators have sent a letter to Mel Watt, the new head of the Federal Housing Finance Agency and a former U.S. congressman from Charlotte, asking him to use funds from Fannie Mae and Freddie ...
Tagged with: affordable housing for low-income families Barbara Boxer Capital Magnet Fund Fannie Mae Federal Housing Finance Agency Freddie Mac Harvard Joint Center for Housing Studies Mel Watt NAtional Housing Trust FundRead More »
CHARLOTTE — Gov. Pat McCrory has decided to hold a special election to fill Democratic U.S. Rep. Mel Watt’s seat when the primary and general elections are held in 2014. The Republican governor said Monday that his move will save ...Read More »
WASHINGTON — North Carolina Rep. Mel Watt has been sworn in to lead the Federal Housing Finance Agency. Vice President Joe Biden presided over a ceremonial swearing-in on Monday on the White House grounds. Transportation Secretary Anthony Foxx officially swore in Watt earlier ...Read More »
Strong increases in both single-family and multifamily starts raised our nationwide housing production 22.7 percent to a seasonally adjusted annual rate of 1.09 million in November, according to figures released by the Department of Housing and Urban Development and the ...
Tagged with: David Crowe Department of Housing and Urban Development Fannie Mae Federal Housing Finance Agency Freddie Mac Jim Woodard MSM Market Trends National Association of Home Builders November 2013 Zillow Report Real Trends rick judson U.S. Census Bureau Zillow Home Value IndexRead More »