Recent Posts in fannie mae Category

Will Cook County's Copycat Ordinance Earn It Copycat Lawsuit?

Despite the city of Chicago now facing federal lawsuit over the vacant building ordinance passed by the City Council in November, the Cook County Board decided to pass its own measure that "largely ...
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Feds Suing Chicago Over Controversial Ordinance

The Federal Housing Finance Agency (FHFA) is suing the city of Chicago over its ordinance making mortgage creditors liable for the upkeep of vacant properties, the Wall Street Journal reported on ...
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Will Changes To HARP Change The Number Helped?

As the Obama administration’s revamped Home Affordable Refinance Program (HARP) goes into effect this month, the latest version will offer some key changes that should make it more attractive to ...
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Your Housing Market Concerns Are Justified

Are you worried about the housing market? Doug Duncan, chief economist of Fannie Mae, told the Chicago Tribune on October 10, 2011, that you have a right to be. “You have to think of recession ...
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Home Sales Increase While Prices Decrease

The federal regulator for the country’s two largest mortgage finance providers said Fannie Mae and Freddie Mac are expected to gradually increase the fees they charge lenders in the next year, ...
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Fannie Mae Moves to Foreclose on Apartment Building in Chicago Ridge

Fannie Mae has filed a $6.1 million foreclosure suit against an 84-unit apartment building located in Chicago Ridge. The owners of Ridgeland Court failed to keep up with their end of the bargain. The ...
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