Tag Archives: fannie mae

Federal agency launches program to help limited-English speakers

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The FHFA on Monday launched Mortgage Translations, an online resource for mortgage industry professionals who serve limited English proficiency borrowers. Continue reading →

Agent faces up to 5 years in prison for bankruptcy fraud

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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 →

4 alternative housing finance structures that could work

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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 →