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The agency is currently using upper ceilings set in the Housing and Economic Recovery Act of 2008.

Urban Institute research backed by the Federal Home Loan Bank of San Francisco suggests using rent and utility reporting for this purpose is complicated but has a net benefit.

The development, touted as an industry-first, is the latest move by the government-sponsored enterprises to expand housing opportunities for first-time and underserved homebuyers.

New-home mortgage applications fell 13.2% on an annual basis, while average purchase sizes declined for the fifth straight month.

The lender has been largely unresponsive in at least three other federal lawsuits from firms seeking recourse in mortgage contracts.

Many Wall Street economists are holding firm to their bet that U.S. inflation will slow substantially over the next year even as they're being forced to keep raising their predictions for coming months.

Ramon Richards discusses Fannie's tech roadmap for 2023, retaining tech personnel, and relying on third party vendors

The Federal Housing Finance Agency performance report also calls for owner occupants and community groups to get first dibs on over 90% of real-estate owned sales.

Quarterly numbers also show the smallest gain in appreciation since 2011, with values decreasing on an unadjusted basis, according to Fannie Mae.

Bank of America Corp. is predicting a "shallow economy" though signs of weakness or stress aren't showing yet, according to its chief executive officer.