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News from Fannie Mae

Stay current with all the latest and breaking news about Fannie Mae, compare headlines and perspectives between news sources on stories happening today. In total, 15 stories have been published about Fannie Mae which Ground News has aggregated in the past 3 months.

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New Help Is Here for Mortgage Lenders: VantageScore Launches Mortgage Center
Fannie Mae · San Francisco

New Help Is Here for Mortgage Lenders: VantageScore Launches Mortgage Center

100% Center coverage: 1 sources
Mortgage Lenders Adopting VantageScore 4.0 Now Access Millions of New Credit-Worthy Consumers SAN FRANCISCO, Nov. 18, 2024 /PRNewswire/ -- VantageScore, a leading national credit-scoring company, today launched a new Mortgage Resource Center to enable lenders transitioning to VantageScore 4.0 for mortgages. In 2018, the Credit Score Competition Act ushered in a new era of homeownership requiring the use of new and more modern credit scores for m…See the Story
Here's What 5% Mortgage Rates in 2025 Would Mean for Home Buyers
Federal Reserve

Here's What 5% Mortgage Rates in 2025 Would Mean for Home Buyers

100% Left coverage: 1 sources
Image source: Getty Images After falling to a 2024 low of about 6.1% in anticipation of the Federal Reserve starting to cut rates, 30-year mortgage rates have rebounded significantly. In fact, over the past couple of months, the average rate on a 30-year fixed-rate mortgage has climbed by about a full percentage point. According to the latest data from Mortgage News Daily, the average 30-year mortgage rate now sits at 7.13%.Although rates are el…See the Story
Gantry Secures $17.2M in Permanent Loans for Two Multifamily Properties in Suburban Kansas City
Fannie Mae · Kansas City

Gantry Secures $17.2M in Permanent Loans for Two Multifamily Properties in Suburban Kansas City

WARRENSBURG AND GRANDVIEW, MO. — Gantry has secured $17.2 million in permanent loans for two suburban Kansas City apartment complexes. The properties include the 73-unit Meadowbrook Estates in Warrensburg and the 56-unit Chelsea Apartments in Grandview. Both assets underwent comprehensive renovations in the past two years. Mark Reichter and Alec Frook of Gantry secured the loans on behalf of the borrower, an individual private real estate compan…See the Story

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