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Fannie Mae ends 2016 with $55.3B in multifamily volume
Fannie Mae provided $55.3 billion in financing and supported 724,000 units of multifamily housing in 2016 – the highest volume in the history of its Delegated Underwriting and Servicing (DUS) […]
Fannie Mae posts $1.1B profit in 1Q; paying $919M dividend
WASHINGTON (AP) — Mortgage giant Fannie Mae posted net income of $1.1 billion for the first quarter, down from a year ago as declining interest rates reduced the value of […]
Judge: Ex-Fannie Mae boss must face SEC-led civil trial
NEW YORK (AP) — A former Fannie Mae top executive must face a civil trial over Securities and Exchange Commission charges he misled investors about subprime mortgages before the housing […]
Higher interest rates boost Fannie Mae profit
NEW YORK (AP) — Fannie Mae, the government-controlled mortgage company, said its net income in the fourth quarter nearly doubled on higher interest rates. It also said Friday that it […]
More Americans to buy homes with 3 percent down
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 […]
Buying back in: Fannie Mae, Freddie Mac modify REO sales policy
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 […]
Fannie, Freddie post profits in 3Q; pay dividends
WASHINGTON — Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the July-September period as the U.S. housing market continued to recover. Gains in recent years have enabled […]
Judge dismisses Coakley federal housing lawsuit
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 […]
US regulator: Fannie, Freddie in deal with banks
WASHINGTON — A federal regulator says government-controlled mortgage giants Fannie Mae and Freddie Mac have reached an agreement with major banks that could expand lending. The head of the Federal […]
US judge slaps $1.3B fine on Bank of America
NEW YORK — A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie […]
Watt seeks to ease mortgage policy
In his first remarks since taking office as director of the Federal Housing Financing Agency, former Charlotte congressman Mel Watt indicated a shift in policy that may make more loan […]
Consumer sentiment on housing improving
Despite some fits and starts to the housing recovery, Americans are optimistic about the market, according to Fannie Mae‘s National Housing Survey for March, which may portend a pickup in […]
Latest News
- Schubert North America opens new 45,000-square-foot headquarters in Charlotte
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- Foreclosure activity rises 21 percent nationally with North Carolina up 47 percent
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- Home Renovation Trends and Forecast 2026
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- Construction Employment Increases By 17,000 In May As Both Nonresidential And Residential Firms Add Jobs; Hourly Pay Rises By 5.0 Percent For The Year
- Construction Jobs Increase In Majority Of Metro Areas From April 2025 To April 2026 Amid Growing Data Center Pushback And Need For Highway Bill
Features
- CBRE Adds Veteran Office and Healthcare Leasing Professional Grant Keyes to Charlotte Team
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- Tony Lathrop Strengthens Parker Poe’s Infrastructure, Transportation & Public Policy Services
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- Thomas & Hutton Announces Kaylee Neal’s Professional Engineer Licensure In North Carolina
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