FannieMae

Young Real Estate Investor Seeks Best Use for Cash

Andy Buman has been financially responsible, and invested wisely in two rental properties and a home of his own in the Omaha, Neb., area. His small real estate empire is doing well, and he has saved an extra $20,000. His question for DailyFinance's Laura Rowley: Which loan should he apply it to for the best return?

Before Market Slide, Americans Were Losing Confidence

Even before the latest stock-market plunge, U.S. consumer confidence was already sliding downward, according to a Fannie Mae survey released Monday. Some 70% of respondents say the economy is heading in the wrong direction.

Do Fannie and Freddie Have a Future?

The future of the government-backed mortgage finance giants Fannie Mae and Freddie Mac, which critics have accused of exacerbating the meltdown in the U.S. housing market, will be discussed next month at a conference sponsored by the U.S. Department of Treasury.

Big Banks May Have to Pay for Fannie and Freddie

Banks are up in arms over language added to the proposed financial regulation overhaul that would make big financial firms shoulder some of the cost if government-backed mortgage lenders Fannie Mae and Freddie Mac go bust.

Freddie Mac Pares Down Losses in Fourth Quarter

Troubled mortgage lender Freddie Mac reported a $7.8 billion loss for the fourth quarter of 2009 on Wednesday, continuing to show improvement over the $23.9 billion in losses in fourth quarter of 2008 and avoiding another federal cash infusion for the third quarter in a row.

Fannie Mae to encourage short sales?

According to an article in the Wall Street Journal (subscription required), Fannie Mae is testing a program in Phoenix and Orlando, two of the...