FM Commentary

FM Commentary
August 18, 2014

Upper-Income, Educated, Married with Children, and Still Not Buying: Declining Homeownership among "Prime" First-Time Home Buying Candidates

by Patrick Simmons
Director, Strategic Planning, Economic and Strategic Research

Patrick Simmons Image

Homeownership among young adults fell sharply during the housing bust, accelerating a long-term trend that saw the homeownership rate of householders under age 35 decline by nearly 11 percentage points between 1980 and 2012. This is compared with a drop in the overall homeownership rate of less than 1 percentage point during the same period. Recent research suggests that long-running social and demographic shifts, including delayed marriage and child bearing, and increased racial and ethnic diversity among young adults, account for much of the decrease. Short-term cyclical changes, such as the recession-induced rise in unemployment and decline in real household incomes among young adults, have hastened the pace of homeownership decline in recent years. ...Read more »

August 14, 2014

New Lender Survey Suggests QM Will Impact Credit Standards and Operational Costs

by Li-Ning Huang
Economic & Strategic Research

Li-Ning Huang Image

In this study, data from Fannie Mae's Mortgage Lender Sentiment Survey examine how lenders are adapting to the new Ability-To-Repay (ATR)/Qualified Mortgage (QM) standards and the increase in Quality Control (QC) investments. Established January 10, 2014 under the Dodd-Frank Wall Street Reform and Consumer Protection Act, this new ATR/QM rule generally requires lenders to consider and verify factors indicative of a consumer’s ability to repay the loan before originating the mortgage. ...Read More »

August 7, 2014

Fannie Mae Reports Second Quarter 2014 Financial Results

Tim Mayopoulos Image

by Tim Mayopoulos
President & CEO, Fannie Mae

Today Fannie Mae announced its second quarter 2014 financial results. For details on our results ...Read More »

July 29, 2014

Why Are Young Adults Living with Their Parents and When Will They Move Out?

Stephanie Postles Image

by Stephanie Postles
Strategic Planning Analyst, Economic and Strategic Research

The increase in adult children living with their parents has raised important questions regarding household formation and its impact on owning, renting, and the demand for new housing construction.

In the latest National Housing Survey Topic Analysis, Fannie Mae’s Economic and Strategic Research Group examines the reasons why young adult children are living with their parents. ...Read more »

June 23, 2014

Mortgage Rates and the Housing Recovery – A Year Later

by Mark Palim
Vice President, Economic and Strategic Research
Read the article »

June 12, 2014

Are Aging Baby Boomers Abandoning the Single-Family Nest?

by Patrick Simmons
Director, Strategic Planning, Economic and Strategic Research
Read the article »

May 6, 2014

What Younger Renters Want and the Financial Constraints They See

by Sarah Shahdad
Strategic Planning Analyst, Economic and Strategic Research
Read the article »

December 23, 2013

Research Papers Analyze Key Aspects of Multifamily Mortgage Market

by Jeffery Hayward
Senior Vice President, Multifamily Mortgage Business
December 9, 2013

An Uneven Recovery in Household Wealth

by Doug Duncan
Senior Vice President and Chief Economist
December 5, 2013

Deconsolidation in the Primary Mortgage Market: A Temporary or Structural Trend?

by Gerry Flood
Director, Strategic Planning, Economic & Strategic Research
November 26, 2013

ELMORE Assists Struggling Florida Homeowners with their Reverse Mortgages

by Joy Cianci
Senior Vice President of Making Home Affordable® and Foreclosure Prevention
November 27, 2012

Mortgage Borrowers May Be Leaving Money on the Table by Using Less Effective Mortgage Shopping Strategies

by Steve Deggendorf
Director, Economic & Strategic Research
November 15, 2012

Rental Resurgence Marked by Single-Family Expansion and Diverging Affordability Trends for Owners and Renters

by Patrick Simmons
Director, Strategic Planning for Economic & Strategic Research Group
November 9, 2012

Fannie Mae Supports Our Military

by Bill Cleary
Vice President for Credit Portfolio Strategies
November 7, 2012

Helping the Homeless in Communities Across the Country

by Rosie Allen Herring
Community Investments & Engagement