Fannie Mae’s Home Ready program is targeted at borrowers with low-to-moderate income levels that have limited cash to make a down payment. Qualified applicants can have a FICO score as low as ...

help determine whether it is the appropriate time to become a homeowner and educate the borrower on the home-buying process and responsibilities of homeownership,” Fannie Mae stated. Fannie Mae ...

“Purchasing your first home can be an overwhelming process,” said Jay Ryan, Fannie Mae’s vice president of REO sales. “We developed the HomePath Ready Buyer program to provide first-time ...

While the government-sponsored enterprises' move to allow down payments as low as 3% comes with some inherent risks, Fannie Mae executives are confident ... Mayopoulos said. Home price depreciation is ...