Fannie Mae News
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Update: Fannie Mae Guidelines Raise Concerns, Could Bar ACV Coverage for Homes
May 7 2024 // An updated guideline from Fannie Mae, if it stands, could throw a wrench into the property-casualty insurance industry’s move toward actual cash value for more homeowners and condo coverage. A Fannie Mae spokesperson...
New Lending Rules Could Stifle Loans, Insurance for Florida Condos that Need Repairs
Feb 22 2022 // Just as some insurers have tightened requirements for underwriting high-rise condominiums in the wake of the Champlain Towers collapse in Miami Beach last year, now mortgage banks are starkly revising lending rules. The...
Supreme Court Hears Shareholder Suit over Fannie Mae, Freddie Mac
Dec 10 2020 // U.S. Supreme Court justices on Wednesday questioned a bid by shareholders of Fannie Mae and Freddie Mac to pursue legal claims arising from the government’s rescue of the mortgage finance firms following the 2008...
Private Mortgage Insurers’ Bigger Slice of Freddie Mac Pie Smaller Than Hoped
Sep 26 2016 // Mortgage insurance companies are getting a long-awaited shot at expanding their business with Fannie Mae and Freddie Mac. But it’s shaping up to be less lucrative than they had hoped. Freddie Mac on Monday planned to...
Fannie Mae Calls on Reinsurers to Back Mortgage Pool
Dec 11 2014 // Fannie Mae bought insurance to cover a portion of losses on $6.4 billion of home loans in the mortgage giant’s latest effort to share risks with private investors. The policy will cover as much as $193 million of...
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