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Fannie Mae Losses Impact On Mortgage Rates, Mortgage. – Fannie Mae, the mortgage giant that holds approximately $3.2 trillion in residential mortgages, declared a loss of $72 billion for 2009. If you are in the market in the next year for a mortgage refinance or new home loan, you may be affected.
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Record-low mortgage rates make refinancing (or re-refinancing) look tempting – Rates are higher on jumbo loans for amounts greater than $729,750, which are too big to be eligible for purchase by Freddie Mac and Fannie Mae. But the spread. over the duration of the loan. Using.
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HomePath.com – Information for Homebuyers – Report possible fraud directly to Fannie Mae at Mortgage Fraud Tips.You may also call our Fraud Tips Hotline at 1-800-2FANNIE (1-800-232-6643) to report possible fraud or if you have other concerns relating to a Fannie Mae-owned property.
