Fannie Mae's first auction of foreclosed homes to be managed as rentals sold for $78.1 million, or 96 percent of the properties' estimated value, the Federal Housing Finance Agency said. The purchase, ...

Fannie Mae and Freddie Mac have set terms for letting borrowers put down as little as 3 percent of a home’s cost to get mortgages, a step criticized by Republican lawmakers as a return to risky ...

LITTLE ROCK — Fannie Mae, responding to pressure from homeowner and real estate groups, will allow buyers in markets with falling home prices to purchase houses with 3 percent down payments, ...