Sacramento Association of REALTORS® Web Log » Fannie Mae

Your May Message from C.A.R. President Steve Goddard

Steve Goddard — Tue, 11 May 2010 18:04:50 +0000

Steve Goddard - 2010 C.A.R. President

Dear C.A.R. Member,

Greetings from Washington, D.C.! This week, your Leadership Team and I are in our nation’s capital, meeting with California’s congressional delegates and representatives from leading housing industry groups, including Fannie Mae and Freddie Mac, HUD, the Mortgage Bankers Association, and others. Tomorrow, we’re meeting with Senator [...]

Lenders to Halt Foreclosure Evictions Over the Holidays

Steve Goddard — Wed, 23 Dec 2009 19:48:49 +0000

Fannie Mae and Freddie Mac will suspend foreclosure evictions from December 19, 2009 through January 3, 2010. To help struggling families over the holidays, both owner-occupants and tenants living in properties foreclosed upon by Fannie Mae will not be evicted. Freddie Mac’s suspension of evictions will be limited to properties up to four units.

In a [...]

HVCC Webinar

Caylyn Brown — Tue, 28 Jul 2009 19:44:33 +0000

California Association of REALTORS® Federal Governmental Affairs Manager Matt Roberts hosted an excellent webinar on the Home Valuation Code of Conduct (HVCC). NAR, C.A.R., and SAR are listening to members, and know that HVCC caused problems in the industry.

HVCC was implemented in March 2008, after the New York Attorney General studied inflated home prices, including [...]

NAR Update: Fannie, Freddie Act on Appraisal Concerns

Charles McMillan — Fri, 24 Jul 2009 20:09:52 +0000

To: All REALTORS® From: Charles McMillan, 2009 NAR President Re: UPDATE: FHFA and GSEs Act on HVCC Concerns

Dear Fellow REALTOR®,

I am writing to you with an important update on NAR’s efforts to address ongoing problems with recent changes to appraisal rules.

As a direct result of my recent meetings with the New York Attorney General’s office, the Federal [...]

Fannie Mae makes an appearance at the Real Estate Finance Forum

Greg Wilson — Thu, 07 May 2009 23:08:00 +0000

It has been nearly four years since a representative from Fannie Mae has visited SAR’s Real Estate Finance Forum. Collette Porter a Senior Account Manager for the Northern California region visited from Pasadena to highlight some of the ways Fannie Mae is supporting the current market. Responding to the level of REO properties on the [...]