Fannie Mae

Fannie Mae’s Q4 2017 Mortgage Lender Sentiment Survey reported a negative profit margin outlook. The belief that “competition from other lenders” will hit profits have touched a new high in the last quarter of this financial year. Three-fourths lenders now concur to this view compared to one-third two years ago. Other reasons cited for the negative outlook include consumer demand,…

Fannie Mae History Fannie Mae is actually an organization that’s much older than people expect. The organization stretches all the way back to the reforms that occurred after the Great Depression under Franklin Delano Roosevelt. It’s easy to see that making owning a home a safe and affordable process has been an American focus for many years. It was founded…