Search for: "Freddie Home Loan Mortgage Corporation"
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5 Aug 2008, 11:34 pm
In addition to the widely-reported measures that increase FHA loan limits, provide tax-exempt financing to permit the refinancing of sub-prime mortgages, give tax breaks to first-time homebuyers, and provide federal support for Fannie Mae and Freddie Mac, the Act includes a number of provisions that will benefit California communities grappling with rising rates of foreclosure and neighborhood blight resulting from property abandonment. [read post]
25 Sep 2008, 9:56 pm
If you have bad credit, why do you deserve to be loaned money? [read post]
14 Apr 2011, 5:20 pm
The residential mortgage carve out codified in Section 941directs the SEC and the federal banking agencies to define qualified residential mortgage by taking into consideration underwriting and product features that historical loan performance data indicate result in a lower risk of default. [read post]
16 Jul 2018, 5:53 pm
Among other things, HERA created a new independent federal entity—the Federal Housing Finance Agency ("FHFA")—to oversee two of the nation's largest financial companies, government-chartered mainstays of the U.S. mortgage market: the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac"). [read post]
18 Sep 2008, 11:00 am
FACT: The federal government put Fannie Mae and Freddie Mac into conservatorship on September 8. [read post]
12 Aug 2012, 7:46 pm
Last October, when MetLife left the mortgage origination and servicing business, I pointed out the sad fact that 70% of the home loans originated in 2010 were made by five large financial institutions. [read post]
29 Nov 2011, 11:22 am
Alongside its call for job creation, corporate accountability, and relief from crushing student loan debt is a growing demand that Wall Street and Washington make right the disaster that their greed and neglect respectively caused. [read post]
6 Oct 2010, 7:28 pm
" In 1935, the Federal Home Loan Bank Board (FHLBB) asked Home Owners' Loan Corporation (HOLC) to look at 239 cities and create "residential security maps" to indicate the level of security for real-estate investments in each surveyed city. [read post]
26 Jan 2009, 4:24 pm
Fannie Mae, the largest source of home-loan money in the U.S., said it will need to tap as much as $16 billion in emergency funds from the U.S. [read post]
10 May 2010, 9:07 pm
Marchant (R-TX) on 3/3/10 Summary: Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to prohibit the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation Act (Freddie Mac) from purchasing a single-family housing (1-to-4 family residence) mortgage unless the identity and work eligibility… [read post]
12 Oct 2008, 2:28 pm
Some mortgages were interest-only loans, where the borrowers were not building up additional equity overtime. [read post]
28 Jul 2022, 3:00 am
This unprecedented solution would allow insurers to meet an exception offered by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) and ensures Floridians can maintain coverage during hurricane season. [read post]
24 Oct 2011, 7:59 am
” Press here for funding Further, curious indeed is the author’s singling out Fannie Mae and Freddie Mac, since the Arizona Department of Housing Web site presents it this way: If you have a Government issued or insured mortgage such as a VA (Veteran’s Administration), FHA (Federal Housing Administration), Fannie Mae (Federal National Mortgage Association) or Freddie Mac (Federal Home Loan Mortgage… [read post]
15 Oct 2010, 6:05 am
The Panel's prior report noted that the dual role - as "doers" of mortgage mortgage modifications for loans they own or guarantee and "overseers" of Treasury's mortgage modification program - "may present competing interests or diminish the overall effectiveness of Fannie Mae's and Freddie Mac's ability to modify mortgages, engage in HAMP administration or oversight, or both. [read post]
16 May 2011, 6:35 am
HAMP is available where the mortgage in question is guaranteed by Fannie Mae or Freddie Mac, or where the lender has volunteered to participate in the program. [read post]
5 Nov 2011, 5:55 am
The article also states that government-backed Fannie Mae and Freddie Mac loans will be excluded from the settlement. [read post]
15 Aug 2012, 11:51 am
But the very popularity of PACE ran headlong into the FHFA, which oversees the Federal National Mortgage Association (“Fannie”) and the Federal Home Loan Mortgage Corporation (“Freddie”), the two government-sponsored entities that guarantee the majority of home mortgages in the U.S. [read post]
3 Dec 2018, 9:02 am
While baby boomers' housing wealth was decimated by foreclosures and increasing mortgage debt, millennials piled on student loan debt, closing the door to home buying and asset building. [read post]
3 May 2011, 10:29 am
Securitization dates back to the 1970s, when mortgage-backed securities were issued for the government and government-sponsored entities such as the Government National Mortgage Association (GNMA or Ginnie Mae), the Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac), and the Federal National Mortgage Association (FNMA or Fannie Mae), says Adam Meyer, CSAs CEO. [read post]
3 May 2010, 10:18 am
” A second group of critics say the government helped to seed the crisis through its efforts to increase home ownership, including the role of Fannie Mae and Freddie Mac in buying mortgage loans to make more money available for lending. [read post]
