Thursday - November 21, 2024
Tipoffs for Des Moines, Iowa (Federal) Newsletter for Friday November 08, 2024 ( 2 items )  

Fannie Mae Approves the MPF Program to Expand Native American Lending on Tribal Trust Lands
WASHINGTON, Nov. 7 -- Fannie Mae issued the following news release: Fannie Mae (FNMA/OTCQB) today announced that it has approved the Mortgage Partnership Finance(r) (MPF (r)) Program, administered by the Federal Home Loan Bank of Chicago on behalf of six Federal Home Loan Banks, to sell loans made to Native Americans and secured by tribal trust lands under the company's Native American Conventional Lending Initiative (NACLI) program. This initial step will support Fannie Mae's ongoing pursuit o  more

Federal Housing Finance Agency Announces FHLBank Partnerships With Fannie Mae and Freddie Mac to Expand Housing Access for Tribal Communities
WASHINGTON, Nov. 8 (TNSres) -- The Federal Housing Finance Agency issued the following news release on Nov. 7, 2024: The Federal Housing Finance Agency (FHFA) today announced two partnerships involving Fannie Mae, Freddie Mac, and Federal Home Loan Banks (FHLBanks) to boost awareness and liquidity for programs that expand housing access for tribal communities. In one partnership, the FHLBank of Des Moines will promote a Freddie Mac mortgage product intended to improve credit access for federal  more