FANNIE MAE
Fannie Mae is a GSE (government sponsored enterprise) chartered by Congress to provide liquidity, stability and affordability to the U.S. housing and mortgage markets. Fannie Mae operates in the U.S. secondary mortgage market. This means it does not make homes loans directly to consumers. Instead, Fannie Mae works with primary market partners, including mortgage bankers and mortgage brokers, to make sure they have sufficient funds to generate loans at affordable rates to qualified home buyers. Mortgage investments are funded through the use of debt securities in U.S. domestic and international capital markets.
Foreclosure Listings Now 1 of 8 Homes For Sale in San Diego County CA
Submitted by RealtyStore on Fri, 2011-02-04 14:42
RealtyStore reviews San Diego County's foreclosure situation, finding 12% of all homes for sale in the area are foreclosed houses. The number of HUD homes and Fannie Mae foreclosure property are overpowered by the volume of bank foreclosures in the market.
Santa Barbara, CA --- January 31, 2011 --- A new RealtyStore review and inventory study was conducted on real estate foreclosures in San Diego County, California. The study's results revealed one in eight homes for sale in San Diego County is a foreclosure listing, according to RealtyStore.
Bank Foreclosures in Maricopa County Vie with More Government Owned Foreclosure Listings
Submitted by RealtyStore on Mon, 2011-01-31 12:30
Government owned real estate, including both HUD foreclosure and Fannie Mae foreclosure inventory is being listed more frequently in Maricopa County than bank foreclosures. This situation differs from national statistics. Nationwide, bank foreclosures outweigh government owned listings.
Santa Barbara, CA --- January 27, 2011 --- A large amount of government owned foreclosure listings are competing with bank foreclosures for home buyers in Maricopa County Arizona, according to a new study performed by RealtyStore. The study analyzed all actively listed foreclosures by seller in the county and found 45% of all foreclosures up for sale in Maricopa County are marketed by Fannie Mae / Freddie Mac.
Mounting Shadow Foreclosure Inventory for Shelby County Tennessee
Submitted by RealtyStore on Fri, 2011-01-28 16:28
Although low priced foreclosed houses abound in Shelby County, many more real estate foreclosures will need to be disposed of. These additional REO foreclosure listings are adding to Shelby's shadow inventory.
Santa Barbara, CA --- January 26, 2011 --- A foreclosure trends study from RealtyStore shows a fraction of foreclosed houses in Shelby County Tennessee are currently listed for sale.
Government Foreclosure Listings in Tarrant County, Texas Outpace Banks
Submitted by RealtyStore on Thu, 2011-01-27 18:06
Government enterprises, including Fannie Mae and HUD actively list a much higher percentage of their foreclosures when compared to banks in Tarrant County, TX. Prices may be reflecting this unique selling mix in the area.
Santa Barbara, CA --- January 25, 2011 --- Government Sponsored Enterprises (GSE's), such as HUD and Fannie Mae, are actively listing a higher percentage of their foreclosure inventory than banks in Tarrant County, Texas, according to a new foreclosure listings study from RealtyStore.
Fannie Mae Foreclosures Now Amazingly Affordable
Submitted by RealtyStore on Mon, 2010-11-08 15:45
Fantastic Affordable Housing Finance Program Available
It might be the biggest news for home buyers and real estate investors since the housing bubble burst. Fannie Mae’s new HomePath program is bringing back many of the perks of the boom years. Lower qualifying credit scores and small down payments, to name a few, are fueling new purchases of Fannie Mae foreclosure listings.
Foreclosure Market News Signals 'Perfect Storm'
Submitted by Jack Philson on Fri, 2010-07-30 16:46
Great news for foreclosure buyers as a variety of housing market forces point to new opportunity.
Recent headlines and news reports highlight several profoundly impactful and key developments in the market for foreclosed houses . Taken separately, these events could point toward any number of different conclusions. Instead, let’s take a look at them all together and consider the whole story they tell. Here’s a recap of these top stories.
