Tag: Fannie Mae
Fannie Mae and FHA ban loans in Englewood, West Englewood
In a surprise move, Fannie Mae and the Federal Housing Administration, the largest sources of mortgage liquidity in the US housing market, announc [...]
Lender-owned Bridgeport condo asking $21K over 2007 price
Five years ago, when we first checked on sales at Bridgeport Condominiums, 3450 S Halsted St, we were informed that the project was "about 50% sol [...]
Homeowners still confident in owning vs. renting, says Fannie Mae
Amid a torrent of negative stories on housing, it is worth pointing out that housing has a function other than as an investment: namely, as a cont [...]
Fannie Mae REOs returning to market
Back in September, Fannie Mae responded to "Foreclosure-gate" by halting evictions and closings on all bank-owned properties whose loans were serviced [...]
An REO specialist on FNMA's HomePath programs
Steve Klein, an REO manager for Coldwell Banker Realtor and REO specialist Frank DeNovi, sat down with YoChicago's Joe Zekas earlier this month to e [...]
Financing frustrations continue in 2010
For much of 2009, Chicago Association of Realtors President David Hanna publicly criticized federal lending guidelines that hampered buyers' efforts [...]
New liquidity options flowing at Aqua
Buyers who have been following Aqua's Fannie Mae troubles will be interested to hear that Magellan Development has lined up two portfolio lenders: Har [...]
Aqua closings get the "yellow light" following Fannie Mae snag
It hasn't put the brakes on closings, but it certainly changed from a green light to a yellow light. It's not a red light, but without Fannie Mae appr [...]
Conventional financing options at Optima Old Orchard Woods in Skokie
Optima's Old Orchard Woods development in Skokie is unusual among today's condo projects in that it's approved for VA, FHA, and Fannie Mae financing [...]
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