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California Fannie Mae News is an EIN News Service for real estate professionals. Constantly updated news and information about California Real Estate.
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Latest California Fannie Mae News

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  • Renting your own home through Fannie Mae 28 Nov 2009 04:31 GMT
    ... Mortgage rates fell to a record low for ... eligible for a loan modification, according to Fannie Mae Vice President Jay Ryan. “This new program ... O’Toole, CEO of ForeclosureRadar.com in Discovery Bay, Calif., says such programs are “more about the ...

  • BUYINS.NET: Fannie Mae (FNM) Daily Short Sale Trading Volume Through 11-30-09. Over 1.04 Billion Shares Shorted in Past 4 Months. 1 Dec 2009 11:37 GMT
    ... * Daily Short Volume chart has been truncated for ... or odd lot exception could be warranted. Fannie Mae (NYSE: FNM), a government-sponsored enterprise, provides liquidity ... in their entirety within the State of California only. By using the services of this ...

  • What homeowners need to know about Fannie Mae's 'Deed for Lease' 1 Dec 2009 20:30 GMT
    ... The nation's mortgage ownership giants, Fannie Mae and Freddie Mac, are offering welcome relief ... qualify for loan modifications. Fannie Mae (the Federal National Mortgage Association) and Freddie Mac (the ... mortgage payments. For example, in Orange County, Calif., a homeowner who has been paying more ...

  • What homeowners need to know about Fannie Mae's 'Deed for Lease' 2 Dec 2009 05:58 GMT
    ... The nation's mortgage ownership giants, Fannie Mae and Freddie Mac, are offering welcome relief ... qualify for loan modifications. Fannie Mae (the Federal National Mortgage Association) and Freddie Mac (the ... mortgage payments. For example, in Orange County, Calif., a homeowner who has been paying more ...

  • Underwater homeowners better off walking? 7 Dec 2009 17:50 GMT
    ... NEW YORK — Stop paying your mortgage. At least ... the nation's housing bust — Florida, Arizona, California, Michigan and Nevada — the share of ... how long that could take. Mortgage lender Fannie Mae won't back another loan for five years ...

  • Why Obama Won't Do What's Needed to Deal With the Mortgage Crisis 2 Dec 2009 18:17 GMT
    ... The problem is heavily concentrated in places like Phoenix, ... equity should simply walk away. Arizona, like California, is a non-recourse state, where a home ... or guaranteed by Government Sponsored Enterprises like Fannie Mae or Freddie Mac. It's not just the ...

  • Real estate expert sees good and bad going forward 5 Dec 2009 20:27 GMT
    ... Dec 05, 2009 (Inland Valley Daily Bulletin - McClatchy-Tribune ... for a home under $500,000 in Southern California, "now is the time to buy." Real-estate ... hundreds of millions of dollars injected into Fannie Mae and Freddie Mac. The owner of Anaheim-based ...

  • Harney: Law professors urges struggling homeowners to walk away from mortgages 29 Nov 2009 02:16 GMT
    ... Go ahead. Break the chains. Stop paying on your ... so-called anti-deficiency states such as Arizona and California, mortgage lenders have limited or no legal ... mortgage lenders? Predictably, not well. Officials at Fannie Mae and Freddie Mac — investors who fund ...

  • Walking away from a mortgage 29 Nov 2009 12:03 GMT
    ... Published: Sunday, November 29, 2009 at 1:00 a.m. ... so-called anti-deficiency states, such as Arizona and California, mortgage lenders have limited or no legal ... mortgage lenders? Predictably, not well. Officials at Fannie Mae and Freddie Mac -- investors who fund ...

  • Break chains of mortgage morality, lawyer says 29 Nov 2009 12:06 GMT
    ... That's the incendiary core message of a new ... so-called anti-deficiency states such as Arizona and California, mortgage lenders have limited or no legal ... mortgage lenders? Predictably, not well. Officials at Fannie Mae and Freddie Mac - investors who fund ...

  • PERSON OF THE WEEK: Thomas J. Pinkowish On The State Of The Industry 1 Dec 2009 17:36 GMT
    ... When December rolls around, we inevitably pause to ... credit union. The real estate market in California and Florida does not resemble North Dakota, ... mortgage industry directly. Where do you see Fannie Mae and Freddie Mac going in 2010? Everyone ...

  • UPDATE 1-Lend America ceases operations, mortgage lending 1 Dec 2009 22:30 GMT
    ... NEW YORK, Dec 1 (Reuters) - Lend America, a ... not meet the stricter funding requirements of Fannie Mae and Freddie Mac. Lend America is the ... current borrowers. Several borrowers, from Ohio to California, who claimed they recently refinanced with Lend ...

  • Help needed for underwater mortgages 5 Dec 2009 04:31 GMT
    ... That's the underlying message from a University of ... the nation's housing bust _ Florida, Arizona, California, Michigan and Nevada _ the share of ... how long that could take. Mortgage lender Fannie Mae won't back another loan for five years ...

  • If house worth less than you owe, walk away? 28 Nov 2009 05:33 GMT
    ... If house worth less than you owe, walk away? ... so-called anti-deficiency states such as Arizona and California, mortgage lenders have limited or no legal ... mortgage lenders? Predictably, not well. Officials at Fannie Mae and Freddie Mac - investors who fund ...

  • Author urges mortgagees in default to walk away 28 Nov 2009 06:36 GMT
    ... Author urges mortgagees in default to walk away ... so-called anti-deficiency states, such as Arizona and California, mortgage lenders have limited or no legal ... mortgage lenders? Predictably, not well. Officials at Fannie Mae and Freddie Mac — investors who fund ...


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