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Federal Housing Finance Agency

Dec 8, 2014

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 […]

Dec 8, 2014

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 […]

Oct 23, 2014

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 […]

Aug 25, 2014

Goldman in deal worth $1.2B over US bond claims

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 […]

Jun 23, 2014

Watt to headline mortgage conference

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 […]

Jun 2, 2014

Massachusetts sues federal agency over housing law

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 […]

Jan 30, 2014

Funding sought for affordable housing projects

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, […]

Jan 7, 2014

Special election set after Watt’s resignation

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. […]

Jan 6, 2014

Mel Watt sworn in as housing regulator

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 […]

Jan 2, 2014

Annual housing production rate tops 1 million

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 […]

Dec 26, 2013

Is Web traffic a good bot, or a bad bot?

The interest rate for a large jumbo mortgage is now less than the rate for a smaller conventional loan. The increase in rate for conventional loans, combined with banks seeking […]

Oct 30, 2013

Decision time on NC Rep. Watt’s confirmation nears

RALEIGH — Civil rights groups and other organizations are trying to help North Carolina U.S. Rep. Mel Watt get confirmed as the government’s chief regulator of mortgage lenders Fannie Mae and Freddie Mac. […]

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