Home Mortgage

Dick Bove: Fannie Mae, Freddie Mac Need to Leave Govt. ASAP

The Trump Administration’s plan to privatize Fannie Mae and Freddie Mac is gaining momentum and banking analyst Dick Bove, of Rafferty Capital, is urging the President-elect to move quickly because he feels the two entities are in trouble.

U.S. Regulator to Raise Mortgages Limits for Fannie, Freddie

The U.S. Federal Housing Finance Agency said on Wednesday it raised the maximum limit on mortgages Fannie Mae and Freddie Mac can acquire in 2017, the first increase since 2006, as home prices have risen above their third-quarter 2007 levels.

Fannie Mae posts $3.2B profit in 3Q; paying $3B dividend

Mortgage giant Fannie Mae reported net income of $3.2 billion from July through September, up from $2 billion a year earlier, as its losses declined on investments it uses to hedge against interest rate swings.

How Safe Is Your Mortgage?

Mortgages can be problematic and even unsafe in a number of ways. Learn what to look out for and how to reduce your risk.