The mortgages that Fannie Mae purchases and guarantees must meet strict criteria. The limit, set by the FHFA, for a conventional loan for a single-family home in 2025 is $806,500 for most areas ...
Because they aren't guaranteed by Fannie Mae or Freddie Mac, jumbo loans usually require a higher credit score and a bigger down payment than conventional loans. CNBC Select has picked the seven ...
The Federal National Mortgage Association, commonly known as Fannie Mae, is a government-sponsored enterprise (GSE) that was formed during the Great Depression as part of President Franklin D.
The GSE provides over $6.3 billion for affordable housing and sees a 101% year-over-year increase in green financing.
A study released in Legal Economics found that Fannie Mae’s title insurance pilot program could save borrowers up to $2.19 billion.
Fires are still burning in Southern California, threatening and destroying homes in their paths. The latest outbreak has ...