Fannie Mae’s net income falls 11% from Q4 2024 as net worth climbs nearly 4% to $98.3B
Fannie Mae this morning reported it had $3.66 billion in net income for the first quarter of 2025, down from net income of $4.13 billion for the prior quarter. The company, however, now has a net worth of $98.3 billion as of March 31, 2025, up nearly 4% from $94.7 billion at...
Homeowners seek to recover tens of thousands as Wisconsin joins nationwide crackdown on $20,000–$240,000 ‘home equity theft’ windfalls
A handful of foreclosed homeowners are suing several Wisconsin counties to recoup the excess proceeds from the sale of their properties. Wisconsin recently joined 40 or so other states to block jurisdictions within its borders from keeping the entire proceeds from foreclo...
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