Fannie Mae

government-backed financial services company

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Fannie Mae and Freddie Mac reduce condo insurance costs for hundreds
business Mar 20, 2026, 12:52 PM
Fannie Mae and Freddie Mac reduce condo insurance costs for hundreds
  • New regulations by FHFA allow condo builders to use cheaper insurance based on actual cash value.
  • This move aims to alleviate financial pressures on condo owners facing rising insurance costs and HOA fees.
  • Overall, these changes could stimulate demand in the housing market while healthier insurance access promises lower costs.
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Fannie Mae and Freddie Mac stockpile mortgages to lower rates
business Dec 16, 2025, 6:05 AM
Fannie Mae and Freddie Mac stockpile mortgages to lower rates
  • Fannie Mae and Freddie Mac increased mortgage-backed securities in their retained portfolios by over 31% between May and October.
  • This move is a potential strategy to lower borrowing costs amid high interest rates, as highlighted by ongoing challenges for homebuyers.
  • Experts anticipate that these actions may improve affordability in the housing market while possibly gearing up for a future public offering.
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Bill Pulte's actions raise alarms over confidential data sharing
politics Nov 14, 2025, 12:26 AM
Bill Pulte's actions raise alarms over confidential data sharing
  • Fannie Mae executives expressed alarm over Lauren Smith's disclosure of confidential mortgage pricing data.
  • Senior officials who raised concerns were removed from their positions, while Smith remained in her role.
  • The incident has drawn widespread scrutiny over Bill Pulte's actions and their implications for the housing market.
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Fannie Mae removes credit score cap, making mortgages more accessible
business Nov 13, 2025, 6:00 AM
Fannie Mae removes credit score cap, making mortgages more accessible
  • Fannie Mae has eliminated the minimum credit score requirement of 620 for loans, increasing access to homeownership for more Americans.
  • Experts believe this policy change could stimulate demand in the entry-level housing market but may also raise home prices, limiting affordability.
  • While the move is intended to help low-score borrowers, challenges such as high housing prices and mortgage rates remain significant.
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