Jacksonville Real Estate Market

Jacksonville, Florida

Housing Sentiment sours as mortgage rates rise

Homeowners are suddenly turning more negative on the housing, according to a new survey from Fannie Mae.

Why Fannie Mae Shot Up 400% in Three Months

Fannie Mae common shares have soared, but there may not be a happy ending for investors.

Fannie Mae: From Ward of the State to Cash Cow

The good news: Fannie Mae is profitable again. Here's the catch: it's all going into the government's pocket.

No Money? No Worries. Home Lenders Ease Rules

Lenders are increasingly approving low down payment loans, and government sponsored mortgage giant Fannie Mae is buying more of them.

Housing Alert: Short Sales May Be in Big Trouble

The government has been pushing more short sales at Fannie Mae and Freddie Mac through financial incentives, and banks are streamlining the process. But all the progress that has been made could end abruptly.

Fed May Drive More Investors Into Commercial Real Estate

The Federal Reserve’s decision to buy more mortgage-backed securities from Fannie Mae and Freddie Mac could impact more than just the housing market.

Regulator Claims New Rules Will Loosen Mortgage Lending

Fannie Mae and Freddie Mac have claimed false “representations and warranties” on thousands of loans sold to them by lenders.

Fannie Mae’s New CEO: ‘Comfortable’ With Decision Not to Slash Mortgage Balances

“We do think over the long term Fannie Mae can have strong profitability and can return a considerable amount of value to taxpayers,” but as Tim Mayopoulos cautions, that depends on housing prices and other factors.

Obama Gets Big ‘No’ On Slashing Mortgage Debt

Despite strong pressure from the Obama administration, a federal regulator will not allow Fannie Mae and Freddie Mac to reduce mortgage principal.

Fannie Mae Insider Takes Top Job With Lower Pay

Fannie Mae’s general counsel will become the mortgage giant’s new chief, sources say — and  will do so with less pay. Congress has slammed Fannie’s salaries in the past.

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This web site is dedicated to providing valuable information related to the Jacksonville, Florida real estate market and the real esate industry as it impacts the buying, selling, and renting of homes and condos.

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