HomeReady mortgages are a type of conventional loan for lower-income borrowers, backed by Fannie Mae. To qualify for a HomeReady loan, your income can’t exceed more than 80 percent of your area’s ...

NEW YORK, Nov 25 (Reuters) - Fannie Mae is taking steps that may reduce the number of loans it removes from mortgage-backed securities pools, a policy change that could help the government-controlled ...

The Fannie Mae February Selling Guide has a series of updates, including the expansion of value acceptance and property data appraisal waivers to condominiums, cash-out refinance allowances for ...

Guarantee fees are charges paid to issuers of mortgage-backed securities for covering administrative costs and risks of mortgage defaults. Learn how they impact your loan.

The deed-restricted block of buildings at Hunter Creek Condominiums has been deemed “unavailable” to conventional loans, limiting financing options for potential buyers, in part because they are “in ...