In brief: Fannie Mae is expanding its automated checks for possible occupancy misstatements and adjusting employment-validation requirements in Desktop Underwriter. The changes arrive in November and December, giving lenders time to update their review procedures...
Fannie Mae has increased allowable attorney fees for foreclosure cases in every U.S. jurisdiction and territory and raised bankruptcy attorney fee limits across all chapters. The changes take effect January 1, 2027, and cover matters still active on that date...
In brief: Newmark arranged $369 million in Fannie Mae financing for April Housing’s 11-property Florida affordable housing portfolio. The credit facility combines fixed- and floating-rate debt; the exact closing date and portfolio unit count were not disclosed....
Fannie Mae’s latest housing forecast offers little relief for borrowers hoping high mortgage rates will be temporary. The housing-finance company’s Economic and Strategic Research group expects the average 30-year fixed mortgage rate to reach 7.4% in the...
Fannie Mae and Freddie Mac have made a standardized property data report mandatory for vendors that collect property information in eligible mortgage transactions, replacing the assortment of report layouts that lenders previously had to accommodate. In a joint...
Extra Space Storage Posts 4.6% Same-Store NOI Growth, Reports $1.4 Billion …
