Property News
American
Property News for 22 April 2020
Fannie and Freddie will now buy loans in mortgage bailout program, in a bid to loosen lending
CNBC - 22 Apr 2020 18:32
The Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, announced that the two mortgage giants will now buy home loans that go into the government's forbearance program just after they close.
Fannie and Freddie to buy loans in bailout program
CNBC - 22 Apr 2020 21:05
Fannie and Freddie will now buy mortgages that go into the government's forbearance program after they close. CNBC's Diana Olick reports.
Pritzker 'holds all the cards' for rent relief, advocates say. But as legislators scramble, May rent is almost due.
Chicago Tribune - 22 Apr 2020 18:18
Illinois politicians seek coronavirus rent relief, but tenants are anxious as May 1 draws near and the state's rent control ban remains intact.
Federal Housing Finance Agency to buy mortgages in forbearance amid coronavirus pandemic
CNBC - 22 Apr 2020 16:57
CNBC's Diana Olick reports on new moves by the Federal Housing Finance Agency to ease the strain of mortgages in forbearance.
Weekly mortgage demand stalls, even with interest rates at a record low
CNBC - 22 Apr 2020 15:22
Mortgage volume appears to be settling into a new normal, as refinance demand stays high and purchase demand sits at a five-year low.
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