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As the Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index shows, customers are increasingly pessimistic about the housing market and a key factor could be Americans' reduced job…
Fannie Mae and Freddie Mac have been retaining earnings since 2019 on their path out of conservatorship.
“For consumers, the same affordability issues are persisting, as they continue to indicate that home prices and high mortgage rates make it a ‘bad time to buy’ a home,” said Doug Duncan, chief economist at Fannie Mae.
Her sisters are the late Fannie Mae McDaniel, Owens (Idus and Charles), and survived by Becky Rosser (Hugh) of Alabama.
Source: https://coosavalleynews.com/2023/05/linda-joyce-mcdaniel-79-of-rome/
The warning came because the ratings for Fannie Mae and Freddie Mac are linked to the sovereign rating of the United States.
Without public warning, Fannie Mae unceremoniously pulled the plug on its condo warranty approval for 6,102 condominiums and single-family condos at Laguna Woods Village as of Jan.
Source: https://www.dailybreeze.com/2023/03/02/fannie-mae-halts-financing-for-6102-condos-in-laguna-woods/