(Updated with new information Oct. 7) This is a developing story that will be updated. If you are aware of an effort by a mortgage company to provide relief or help to areas affected by Hurricane Helene, either directly or via fundraisers or donations, please contact us.
Tag: Fannie Mae
FHFA Reports More Than 7 Million Foreclosure Prevention Actions During GSE Conservatorships
The Federal Housing Finance Agency reported that Fannie Mae and Freddie Mac completed 46,378 foreclosure prevention actions during the second quarter, raising the total number of homeowners who have been helped to 7,004,262 since the start of conservatorships in September 2008.
Fannie Mae HPSI Up Slightly in August
Fannie Mae released the results of its Home Purchase Sentiment Index for August, finding it increased 0.6 points to 72.1.
Fannie Mae Panel Predicts Home Price Growth Will Decelerate in 2024, 2025
A panel of housing experts forecasts annual national home price growth of 4.7% in 2024 and 3.1% in 2025, according to the third-quarter Fannie Mae Home Price Expectations Survey.
Fannie Mae, Freddie Mac Announce New Protections for Renters
Fannie Mae and Freddie Mac announced new protections for renters in multifamily properties with mortgages backed by the enterprises.
Fannie Mae HPSI: Only 17% Say It’s a ‘Good Time to Buy’
Fannie Mae released its latest Home Purchase Sentiment Index, finding that only 17% of Americans currently say it’s a good time to buy a home, down from 19% in June.
MBA: Share of Mortgage Loans in Forbearance Increases to 0.23% in June
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance increased to 0.23% as of June 30, 2024
Fannie Mae: Consumers Want to Buy Homes, But are Pessimistic
Fannie Mae released the latest version of its Consumer Mortgage Understanding Study, finding that consumers are pessimistic about homebuying conditions–with only 19% saying now is a good time to purchase a home. However, 92% still report owning a home is important to them.
Industry Briefs, July 15, 2024
Industry news from Talk’uments, nCino, Vice Capital Markets, Chevron Federal Credit Union, Blue Sage and FICO.
Fannie Mae: Housing Sentiment Sees Slight Rebound
The Fannie Mae Home Purchase Sentiment Index saw a 3.2-point increase in June to 72.6.