U.S. Government Related Mortgage Info

We have prepared this special section for Home Buyers, Developers and Brokers, Agents and Lenders to make it as easy as possible to find information to assist prospective home buyers or those seeking to refinance an existing in finding low cost government backed funding, loan programs and related resources.

General Home Mortgage Information

Buying a Home (HUD) - from the U.S. Department of Housing and Urban Development.

Home Mortgages: Understanding the Process and Your Right to Fair Lending (FRB) - first time buyer oriented mortgage information from the U.S. Federal Reserve Board. Suggestions for where and how to shop for a mortgage, getting a loan that meets your financial needs and about the mortgage application process in general.

Looking for the Best Mortgage (FDIC) - general information from the Federal Depositors Insurance Corporation.

Home Mortgage Disclosure Act (HMDA/FFIEC) - Federal Financial Institutions Examination Council's (FFIEC), HMDA regulates collecting data from mortgage lenders about housing-related lending activity and makes the data publicly available. Reports includes geographic locations, information about denied home loans, race, sex, and income of applicants, along with price data for some loans.

Loan Funding Programs

FANNIEMAE - provides mortgage money to lenders. Home buyers do not get loans "from FANNIEMAE", but may qualify for a FANNIEMAE backed loan from a lender. FANNIEMAE was at one time a government operated enterprise but is now a fully privatized, publicly traded, shareholder-owned company, (NYSE: FNM). FANNIEMAE's charter provides mandates that it provide access to low interest money for community development and for low, moderate and middle-income home buyers.

FREDDIEMAC - extensive info for home buyers, including online calculators, rent v. own comparisons, and many other online tools. There is also info about FREDDIEMAC LoanProspector software solutions to sell and underwrite mortgages, and links to FREDDIEMAC "HomeSteps" homes for sale website.