We've seen a reversal from last week with responses to our latest survey question now no longer favoring the view that reducing Fannie Mae's and Freddie Mac's portfolios would make the GSEs healthier and much less risky.As of midday Friday, the tally stood at 49% in favor and 51% opposed. To go to the survey, see the left column of the NMN home page.
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The San Diego company was back in the black with a net income of $28.5 million in the first quarter of 2024, up from a net loss of $93 million the previous quarter.
The agreements at the heart of the hearing did not cover the one reached with the National Association of Realtors or those people that only bought homes.
Feds say Chicago businessman Mark Steven Diamond defrauded at least 80 victims and caused at least $6 million in losses.
Fannie Mae's tool, used by originators to determine income levels for self-employed borrowers, aims to help them avoid potential underwriting errors, the government-sponsored enterprise said.
The 30-year fixed rate mortgage fell for the first time in six weeks as the Federal Open Market Committee meeting outcome is finally priced in.
