Freddie Mac

A "For Sale by Owner" sign is posted in front of property in Monterey Park, Calif., in April 2020.

National

Black And Latino Homeowners Are About Twice As Likely As Whites To Get Low Appraisals

6:00am September 23, 2021

by Joe Hernandez

A new analysis by Freddie Mac has found that only 7.4% of appraisals in majority-white census tracts came in below contract price, compared with 12.5% for Black areas and 15.4% for Latino ones.

Homeownership is the most common way Americans build wealth over their lifetimes.

A New Housing Regulator Could Make The American Dream More Accessible For Millions

5:42pm September 18, 2021

by Chris Arnold

Sources tell NPR that the Biden administration is close to announcing its pick to run the Federal Housing Finance Agency, which oversees the $11 trillion mortgage market.

Economy

Federal Government Protects Most Homeowners From Foreclosure For 60 Days

8:13pm March 18, 2020

by Camila Domonoske

Foreclosures will be paused for mortgages insured by the Federal Housing Administration or backed by Fannie Mae or Freddie Mac. That covers most mortgages for single-family homes.

A new directive from the Federal Housing Finance Agency, which regulates mortgage giants Fannie Mae and Freddie Mac, will allow first-time homebuyers to put down as little as 3 percent.

Mortgage Giants Ease Down Payments For First-Time Homebuyers

10:39am January 22, 2015

by Chris Arnold

Fannie Mae and Freddie Mac will begin allowing first-time homebuyers to put down as little as 3 percent. But critics say the move is risky and could create another housing crisis.

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