Down payment gift rules vary by loan type and lender, but generally: Lenders will require donors to write a letter stating ...

Many first-time buyers may not be aware of the act of 'seasoning' their bank accounts before applying for a mortgage.

A new study in the Journal of Political Economy-Macroeconomics quantified the relationship. For every 1% increase in the ...

In places where the regulatory climate makes it easier to build new homes, it’s easier for people to find housing at ...

Determining how much money you need to buy a house has always been daunting for first-time homebuyers, and it doesn’t seem to be getting much easier in 2025. Mortgage rates are still hovering around 7 ...

He ordered Pulley to submit a letter within a week offering a more “introspective ... And a month before that, Fannie Mae, the government mortgage financier, sued Pulley’s companies and said they had ...

But the mortgages are priced higher compared to Fannie Mae. A paper trail evidencing the gift from the benefactor is also required. For example, wire transfer evidence from the donor’s account ...

Thank you, President Carter, for your final gift to the American people. We encourage readers to express their views about public issues. Letters to the editor are subject to editing for brevity ...

The Fannie Mae and Freddie Mac saga has been going on for, depending how you count, 16 years, or perhaps many decades. There are strong feelings and a lot of lore. It’s back in the news now ...

Keefe Bruyette notes that a tweet by Bill Ackman, who owns Fannie Mae (FNMA) shares valued at $516M as of January 3rd, arguing for significant upside in the common shares followed by a letter from ...

Jan 3 - Shares of Fannie Mae and Freddie Mac, the mortgage giants under U.S. government control since 2008, surged to multi-year highs on Friday after federal agencies revealed a framework for ...

Fannie Lou Hamer, who famously registered Black voters throughout the South and advocated for voting rights, was posthumously awarded her Medal of Freedom, which was accepted by Doris Hamer ...