Fannie Mae’s accounting practices are being called into question by Wall Street again, this time over how it calculates potential losses from mortgages. (more…)

Fannie Mae posted a third quarter loss of $1.52 billion was double the loss from a year ago during the same quarter. (more…)

U.S. housing prices will continue to decline and may not begin increasing until 2010 according to executives from the biggest mortgage lenders. (more…)

Last Thursday, the Governor of California, Arnold Schwarzenegger wrote a letter to Congressional leaders for a state exception to the GSE conforming loan limit. (more…)

There’s a lot of talk about raising Fannie Mae and Freddie Mac loan limits being discussed by congress these days. (more…)