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| Working Together to Serve America's Housing Market: Keys to Recovery | |||||||||
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Fannie Mae's Keys to Recovery™ initiatives are geared toward providing liquidity, stability, and affordability to the housing and mortgage markets for the long term, and include steps to keep struggling borrowers in their homes, assist prospective home buyers with home purchases, and stabilize communities impacted by the mortgage market downturn. |
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Initiative Highlights | |
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Refinancing "Underwater" Borrowers A new refinancing option for Fannie Mae "underwater" borrowers that will allow for refinancing up to 120% of a property's current value Read More  Housing Finance Agencies A renewal and expansion of the company's partnership with the state Housing Finance Agencies (HFAs) to provide $10 billion in financing for qualified, first-time home buyers Read More Stabilizing Hard Hit Neighborhoods In partnership with Self-Help Credit Union, a new initiative that allows families in hard-hit communities to reside in foreclosed properties on a rent-to-own basis Read More Jumbo-Conforming Loans Pricing for new jumbo-conforming loans that will be flat to conforming for portfolio asset acquisition through the end of the year Read More HomeStay Working with lenders, loan servicing companies, and policy makers to respond to the housing and mortgage market crisis through the HomeStay initiative Read More National Down Payment Policy A new, single down payment policy in all communities across the nation for conventional, conforming mortgages the company will purchase or guarantee Read More Affordable Rental Housing Expanding liquidity, stability and affordability by increasing our participation in key segments of the multifamily market Read More |
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Headlines | |
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Fannie Mae President and CEO Speaks at MBA Annual Convention October 20, 2008 Read More
Fannie Mae to Increase Cash Incentives Paid to Servicers to Avoid Foreclosure July 31, 2008 Read More
Fannie Mae Contributes to New California Program that Will Help Homebuyers in Areas Hardest Hit by Foreclosures July 21, 2008 Read More
Fannie Mae Bolsters Multifamily Investment; Company Efforts Geared Toward Stabilizing Key Market Segments and Increasing Rental Housing Opportunities July 9, 2008 Read More
Fannie Mae Announces Single National Down Payment Policy; Replaces Policy Regarding Markets Where Home Prices are Declining May 16, 2008 Read More
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| Last Revised: October 20, 2008 | |||||||||
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