A gift letter for a mortgage verifies the source of a homebuyer’s gifted down payment funds. The gift letter proves that the funds are in fact a gift and don’t have to be repaid, and that the giver ...

The arrival of the new Trump Administration is reviving debates about releasing Fannie Mae and Freddie Mac from the conservatorship ... The financial essence of a GSE is that the huge value of the ...

Loans that will be sold to Fannie Mae, for example ... make sure to submit a gift letter as part of your application. 6. You don’t meet the loan program’s requirements Different types of ...

Ms. Weintraub, who has served as a Democratic commissioner on the bipartisan panel since 2002, posted on social media a letter signed ... from New York. Fannie Mae and Freddie Mac underpin the ...

Flagstar Bank's Gift Program provides eligible first-time ... Standout benefits: Fairway offers Fannie Mae HomeStyle renovation mortgages, which let you buy and renovate a property with a single ...

Housing observers see an opportunity to fundamentally remake a system to close the gap on serving historically marginalized ...

The administration will likely attempt to unshackle Fannie Mae and Freddie Mac, the mortgage guarantors, from their current position as wards of the state, analysts believe and Scott Turner ...

The U.S. government may soon return Fannie Mae and Freddie Mac to private markets less than two decades after turmoil nearly ...

Fannie Mae set aside $752 million for credit losses in its apartment complex lending business in part because of fraud or suspected fraud, denting profits amid an industrywide scrutiny of borrowers.