ashe

Dont worry about anyone ever wanting you with your stinking carcass.

Ooh and we are now back to the name callin!!!

Oh yes dog, got to waste money to protect those mortgage companies. Exactly how many crooks would not be getting loans if Fannie Mae and Fanny Mac quote protecting the ones handing out those loans. See I researched old Jim's actions and he is exactly the same as my ex. Borrow money here,buy, get another loan, buy etc etc etc. There is only one problem sooner or later your ability to pay hits a snag. Old Jim would mortgage on property to buy another, mortgage that on buy another. Then his fraud caught up with him. Now that was one of the main reasons when my ex said I am leaving and running away from what I dug myself into I said good" don't let the door hit you where the good lord split you. He thought I was going to bail him out. His last loan was the one he got to try to bailey older daughter out of the Eric Call mess against my wishes and my home had to stand for that. His solution was to hide in bankruptcy. A 31 year marriage finally broke for good. I have REFUSED to follow those examples and I live the best I can free if that hassle. I have a few Bill's and I pay them. It's been like that since I became disabled and it anyone does not like it too friggin bad. I do not have to keep up with people with fancy house, new cars or anything else. All the years I paid for mymobilehome I would be unable to sleep worrying about keeping my kids a roof over their heads and food for them to eat. I PAID for that mobile home myself. Yet it wound up on a loan with a loan company.and I have to chuckle it made one **** of a mess for old Jim. My ex made certain when we got that title it was in HIS NAME. Noone is going to pull that stunt on me again. If that means I live in a camper so be it whether it's an old popup, a Jayco designer, or undr a **** tarp. I am not spending the rest of whatever time I have keeping up some lousy landlord. If I wanted a noose around my neck I would find another husband but I do not.

You dumb hag they make few loans but their main purpose is to guarantee a mortgage companies money in case of foreclosure.

Fannie Mae and Freddie Mac were created by Congress. They�perform an important role in the nation's housing finance system � to provide liquidity, stability and affordability to the mortgage market. They provide liquidity (ready access to funds on reasonable terms) to the thousands of banks, savings and loans, and mortgage companies that make loans to finance housing.

Fannie Mae and Freddie Mac buy mortgages from lenders and either hold these mortgages in their portfolios or package the loans into mortgage-backed securities (MBS) that may be sold. Lenders use the cash raised by selling mortgages to the Enterprises to engage in further lending. The Enterprises' purchases help ensure that individuals and families that buy homes and investors that purchase apartment buildings and other multifamily dwellings have a continuous, stable supply of mortgage money.

By packaging mortgages into MBS and guaranteeing the timely payment of principal and interest on the underlying mortgages, Fannie Mae and Freddie Mac attract to the secondary mortgage market investors who might not otherwise invest in mortgages, thereby expanding the pool of funds available for housing. That makes the secondary mortgage market more liquid and helps lower the interest rates paid by homeowners and other mortgage borrowers.

Fannie Mae and Freddie Mac also can help stabilize mortgage markets and protect housing during extraordinary periods when stress or turmoil in the broader financial system threaten the economy. The Enterprises' support for mortgage lending that finances affordable housing reduces the cost of such borrowing.

�

Fannie Mae�was first chartered by the U.S. government in 1938 to help ensure a reliable and affordable supply of mortgage funds throughout the country. Today it is a shareholder-owned company that operates under a congressional charter.
Fannie Mae Web Site
Fannie Mae Charter Act

Freddie Mac�was chartered by Congress in 1970 as a private company to likewise help ensure a reliable and affordable supply of mortgage funds throughout the country. Today it is a shareholder-owned company that operates under a congressional charter.
Freddie Mac Web Site
Freddie Mac Charter Act

Now dog fyi!!! But really why would I care since you two are fond of telling
me constantly I have nothing nor will I ever have a house?,If these are anything like the fmha they would not know a fraudulent document if it bit them on the ***.

Dog I know exactly what they do and they need to stop wasting money on fat cat landlords. They provide mortgages so I do indeed know what they do and allow Frauds like Jim Heafner to make money. I think that sums it up!!

Obviously you dont know or have a clue what fannie mae or freddie mac do krazy.

Find I never said it would pass. The landlord tenant crap is the same as the old feudal system. Fanny Mae and Fanny Mac should return to helping the poor get their own housing instead of helping the rich landlords get richer and buy more houses. Stop financing for those with half a dozen houses already. How many homes can a person live in at one time?? The whole thing is greed and that is all.

Hold your breath and wait for it to pass

Not happening krazy. The white house is vote buying from the poor again.

Now we all know the rental situation is just hunky dory. No housing decline, rents are affordable. Anyone buying that line I will sell a nice bridge in Brooklyn really cheap. The government paid these landlords during covid and as soon as that stopped rents skyrocketed and homelessness increased when tenants could not afford more in rent!

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FINANCE & TAX

White House prepares new tenant protections, alarming housing industry

Democrats want the administration to enact new restrictions on rent hikes and punish landlords they accuse of price-gouging.

With a possible recession looming, the Biden administration will be looking for ways to provide relief to cash-strapped Americans suffering from a higher cost of living. | Spencer Platt/Getty Images

By�KATY O'DONNELL

01/18/2023 01:02 PM EST

The White House is preparing to roll out new measures as soon as this month to protect tenants in the wake of post-pandemic price spikes, according to housing advocates and industry lobbyists who have met with administration officials.

The actions � which will come even as rents have started to fall around the country � could include promoting grace periods for late rents and the right to counsel for tenants facing eviction, among other steps, advocates say.

The housing industry, already facing a declining market, has mounted a preemptive counter-push, arguing that state and local regulations on leasing are sufficient and that federal intervention in the market could curtail desperately needed affordable housing investment.

The industry is bracing for "some pretty intense regulation," said Jerry Howard, CEO of the National Association of Home Builders, whose members include landlords. "They need to be very cautious about what they're doing," said Howard, who was one of a handful of industry representatives at a November White House meeting on tenant protections. "There's a real chance of creating a problem that doesn't exist."

With a possible recession looming, the Biden administration will be looking for ways to provide relief to cash-strapped Americans suffering from a higher cost of living. Since the U.S. House is now under Republican control, the kind of sweeping economic legislation enacted during the last two years is off the table.

Democratic lawmakers including Sen.�Elizabeth Warren�(D-Mass.), are leaning on the administration to go big by curbing rent increases at millions of units in properties with government-backed mortgages � a long-shot move the White House is not seriously weighing, according to a person with knowledge of the discussions.

"People can't afford to live," said Rep.�Jamaal Bowman�(D-N.Y.), who�spearheaded a letter last week�with Warren calling on President Joe Biden to issue an executive action limiting rent hikes in properties backed by the Department of Housing and Urban Development or Fannie Mae and Freddie Mac, the government-controlled mortgage financiers. "We want to push the president as far as possible to lighten the burden of rent on everyday people."

Democrats want the administration to enact new restrictions on rent hikes and punish landlords they accuse of price-gouging -- "not just principles, not just guidelines, but what can the president do through executive action to lighten the burden on people and put more money in their pockets," Bowman said in an interview.

The White House declined to comment on the specifics of potential new regulations, pointing to a statement it released last week in response to the letter from Democrats.

"We are exploring a broad set of administrative actions that further our commitment to ensuring a fair and affordable market for renters across the nation," spokesperson Robyn Patterson said. "We look forward to continuing to work with lawmakers to strengthen tenant protections and improve rental affordability."

While rent is still driving up overall inflation � thanks in part to a data lag in the official inflation gauge � the national median rent has fallen for four straight months,�according to the latest data from Apartment List. New lease demand plummeted in the second half of 2022, when the net demand for apartments fell into negative territory for the first time since 2009, according to an analysis by RealPage Market Analytics.

"Complicating this process isn't good at any time in the market cycle," said Greg Brown, senior vice president of government affairs at the National Apartment Association. "But we're in the fourth straight month of rent declines. I think things are adjusting again, so it does raise the question, are they responding to a situation of three to four months ago, not what is currently happening or will be happening in the near future?"

The association and 10 other industry groups urged Biden to resist pressure to lay new federal requirements on top of existing regulations and said that doing so would "further exacerbate affordability challenges," in a�letter last month.

Even as demand eases, the market is about to see a surge in supply � portending additional price cuts. More�apartment units are currently under construction�than at any point since 1970.

"A lot of rental supply is going to be completing in 2023 -- we're going to see more completions than we have in 40-plus years," said Jay Parsons, chief economist at RealPage, a property management software provider. "The balance of power really has shifted toward renters -- they're going to have more options, more competitive pricing and better deals."

Bowman and tenant advocates argue that modest declines in rents � the national median fell 0.8 percent in December � barely make a dent in tenants' expenses after the eye-popping gains of the last few years.

Even after falling from its July peak, the median asking price in November was still 20.9 percent higher than it was at the same time in 2019, before the pandemic struck, according to the�latest monthly rent report from Realtor.com. About 53 percent of tenants said their rent had increased by more than $100 per month over the last year, according to the�latest Household Pulse survey�by the Census Bureau.

Rent was increasing even before Covid, Bowman said, adding that many of his constituents spend over half their income on housing.

"The cooling effect in the market isn't meaningfully changing conditions for tenants," said Tara Raghuveer, director of the Homes Guarantee campaign at People's Action. Raghuveer also attended the November White House meeting.

"The rent is still too **** high," she said.