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Tag Archives: fannie mae

Contracts for homes nationwide dipped in February

WASHINGTON — The number of Americans who signed contracts to buy U.S. homes dipped in February from nearly a two-year high, a mixed signal ahead of the spring home-buying season. The National Association of Realtors said Monday that its index ...

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Maryland joins pending multibillion-dollar foreclosure settlement

Maryland stands to receive between $895 million and $959 million in benefits under a pending multibillion-dollar nationwide settlement with the five largest mortgage lenders over alleged foreclosure abuses, Attorney General Douglas F. Gansler said Wednesday. Gansler joined the ranks of ...

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Obama proposes broader housing refinance plan

FALLS CHURCH, Va. — President Barack Obama called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth. He conceded ...

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St. John to build strip mall on Timonium Road

St. John Properties has announced the purchase of a one-acre parcel at 56 Timonium Road for redevelopment into 10,000-square-foot retail strip mall. Known as Timonium Exchange, the site is configured to hold a medley of tenants with businesses ranging from ...

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Home purchases up, but earlier sales look weaker

WASHINGTON — The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors says it overstated more than 3 million sales during and after the Great Recession, showing the housing market was weaker ...

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SEC charges ex-Fannie, Freddie CEOs with fraud

WASHINGTON — The Securities and Exchange Commission has brought civil fraud charges against six former top executives at Fannie Mae and Freddie Mac, saying they misled the government and taxpayers about risky subprime mortgages the mortgage giants held during the ...

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