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Fannie, Freddie and FHLB news. Coverage of government sponsored enterprise regulation, operations and litigation.

Fannie Mae's Good Mission

Chairman of government sponsored entity pledges that Fannie Mae will not originate mortgages

WashingtonPost.com August 31

Mortgages today often can be less than conventional

Alternatives to rising fixed rates from San Diego, California mortgage companies

UnionTribune.com August 29

$6-Billion Plan to Aid Buyers of O.C. Homes

Fannie Mae program allows lenders more flexibility qualifying low income borrowers in Orange County, California

LATimes.com August 25

William Chambers of Madison Achieves the American Dream of Homeownership with Just 1 Percent Down Payment

95% Fannie Mae 1st, Indiana down payment assistance loan @ 0% interest

FannieMae.com August 20

Fannie Mae Eliminates Monthly Desktop Originator Subscriptions Fees, Saving Brokers and Lenders Thousands of Dollars Annually

FannieMae.com August 19

U.S. Representative Cal Dooley and Fannie Mae Announce New $10 Million Construction-to-Permanent Loan Initiative for Self-Help Non-Profit Organizations

1 time close available in California counties

FannieMae.com August 18

U.S. Senator Jeff Bingaman Joins Fannie Mae and the Home Builders Association of Central New Mexico to Announce New $5 Million Energy Efficient Mortgage Product

Low down payment program available in Albuquerque

FannieMae.com August 18

Freddie and Fannie put in their place

Freddie Mac executive says will do everything in their power to lower cost to the consumer

Jacksonville.com August 17 (2nd paragraph)

U.S., 6 Local Cities Target Housing Needs

Fannie Mae and smaller southern California municipalities work together to revitalize communities

LATimes.com August 13

Analyst Action: Jefferies & Co issued a new report for NDE with a recommendation of Accumulate

AOL.com August 11

Fannie Mae mortgage portfolio up $7.2 bln in July

Portfolio growth and delinquency improve from June

CBSNews.com August 11

Mortgage bankers want traditional Freddie, Fannie

The Mortgage Bankers Association of America (MBA) issued a policy statement opposing any entry by secondary mortgage market giants Fannie Mae and Freddie Mac into direct lending to borrowers.

GO.com August 10

Second-Year Results of "HousePhoenix"

More than 13,000 working families benefited from $1 billion in homeownership and rental financing provided by Fannie Mae

FannieMae.com August 9

Missouri Residents Can Become Homeowners With a 1 Percent Down Payment

Fannie Mae (NYSE: FNM), the nation's largest source of financing for home mortgages, recently announced an innovative new partnership with the Missouri Housing Development Commission (MHDC) to help more first-time buyers purchase a home.

PRNewswire.com August 9

Fear of What Fannie May Do

Lenders Say the Federally Chartered Company Is Out to Steal Their Business

WashingtonPost.com August 8

OPINION- U.S. Mortgage and Economy by David Beadle

many lenders will give you less of a headache when you apply for your home loan. This change has been made possible because Fannie Mae and Freddie Mac, the holders of most of the fixed rate mortgages in this country, are pushing something called "automated underwriting." It involves the use of a computer which analyzes
your credit rating, income and savings information, and then decides based upon a secret formula just how much risk there might be that you will not pay back the requested loanamount.

CBSNews.com August 6

Freddie Mac Survey Finds Mortgage Rates Continuing To Climb

Mortgage rates continue to inch higher, according to a weekly survey conducted by Freddie Mac.

DowJones.com August 5

Interview with Freddie Mac Deputy Chief Economist Frank Nothaft

Newspage.com August 4

FiNet.com and Monument Mortgage Win Fannie Mae's Technology Leadership Award

FannieMae.com August 4

On-line Lender Announces Very Low-cost Adjustable Rate Loan!; Experimental Program Will Save Thousands Per Year Over Similar Loans

GO.com August 3

Bay View Capital Sells $450 Million in Multi-Family COFI-Based Loans

CBSNews.com August 3

S&P revises Washington Mutual Inc outlook

CBSNews.com August 3

Easing Home Buyer Crisis

LATimes.com August 3

OPINION- U.S. Mortgage and Economy by David Beadle

CBSNews.com July 30

affordable housing goals for Fannie Mae and Freddie Mac represent a "significant step forward"

Boston.com July 29

New Reverse Mortgage Program

LATimes.com July 28

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