There’s no question that manufactured housing is perhaps the least expensive alternative for people who want a home of their own. But are financing companies withholding less expensive finance options from manufactured-homebuyers? Here’s what we know. Continue reading
In a report released Thursday, Fannie Mae’s Economic and Strategic Research Group painted a picture of a somewhat gloomy near-term future, saying that it’s expectations for the coming year “have become more pessimistic.” Continue reading
The FHFA on Monday launched Mortgage Translations, an online resource for mortgage industry professionals who serve limited English proficiency borrowers. Continue reading
A real estate agent based in the Tampa, Florida, area faces up to five years in federal prison for attempting to stop Fannie Mae from foreclosing on a property so that he could sell it himself, the U.S. Department of Justice announced Wednesday. Continue reading
A Congressional Budget Office report says over the next 10 years, it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie and Freddie are expected to create. Continue reading