Tag Archives: Fannie Mae

Apartments reap rewards of rising rates

“I am scared, in part due to the fact that my father and mother had a lot of problems with their mortgage and due to the job market,” said Charles Desanpedro Jr., a renter in Northern New Jersey. (Read More: … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Rising Rates Scare Borrowers Into Action

Roughly 10 million refinances took place over the past two years, although that may include borrowers who have refinanced more than once, according to Inside Mortgage Finance. From mid-2011 to mid-2012, rates dropped by 100 basis points, making it worthwhile … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Why Fannie Mae Shot Up 400% in Three Months

Since both Fannie Mae and Freddie Mac were put in government conservatorship during the housing and mortgage market crashes, they are required to pay all profits to the U.S. Treasury department in the form of dividends. Shareholders get nothing. (Read … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Why Fannie Mae Shot Up 400 Percent in 3 Months

Since both Fannie Mae and Freddie Mac were put in government conservatorship during the housing and mortgage market crashes, they are required to pay all profits to the U.S. Treasury department in the form of dividends. Shareholders get nothing. (Read … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Fannie Mae: From Ward of the State to Cash Cow

When Fannie Mae was bleeding cash back in 2008, the government took it into conservatorship, which allowed Fannie Mae to draw funds from the Treasury to stay afloat. In return, the government took senior preferred shares of the company. Fannie … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment