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Latest News

Fannie Mae relaxing loan down payment requirements (Reuters) -

The headquarters of mortgage lender Fannie Mae is shown in northwest Washington October 3, 2006. (Jason Reed/Reuters)Reuters - Fannie Mae, the nation's largest source of home financing, said on Friday it is lowering the amount of down payments required on mortgages it purchases, even in areas where home prices are falling.


Fri, 16 May 2008 14:13:28 GMT
Fannie Mae scraps higher downpayment requirements (AP) - AP - Fannie Mae says it is doing away with higher minimum downpayment requirements for borrowers in distressed real estate markets. Fri, 16 May 2008 13:54:18 GMT
US housing starts jump 8.2% in April (AFP) -

The padlocked gate of a forclosed house in California. US housing starts showed a surprisingly strong jump in April, signaling a glimmer of hope in the troubled housing market, government data has shown.(AFP/Getty Images/File)AFP - US housing starts and permits showed a surprisingly strong jump in April, signaling a glimmer of hope in the troubled housing market, government data showed Friday.


Fri, 16 May 2008 13:41:19 GMT
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