Tag Archives | Fannie Mae

Fannie Mae approving more Florida condos

Fannie Mae has approved 40 percent more condos for financing so far this year than last year, giving the real estate market another shot in the arm, according to data from Condo Vultures, a Bal Harbour-based real estate consultancy. Through August, Fannie Mae had approved 123 new Florida condos, compared to 87 during the same […]

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Mortgage giant losses could reach $400 billion

Fannie and Freddie regulator argues against restoring cap Costs to taxpayers from Fannie Mae and Freddie Mac could reach as high as $400 billion, the regulator of the nationalized housing giants said Wednesday, though he predicted that the red ink isn’t likely to climb to that point. “In less-severe stress scenarios, losses are much less […]

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