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14 Dec 2008, 8:40 pm
I don't think he is in the pocket of FNMA/GNMA in quite the way the Wall Street Journal would have us believe (though I have to keep reminding myself: just because the Journal believes it doesn't mean it's wrong). [read post]
8 Oct 2008, 2:16 pm
Over time there will be defaults and foreclosures, and procedure (much like those used by FNMA and Freddy Mac) will need to be developed to deal with them. 4. [read post]
19 Sep 2008, 6:30 pm
In the meantime, hear is a nice post from December 2007 from the Consumer Law and Policy blog on these competing choices, highlighting the Center for American Progress proposal.The post: The Center for American Progress is calling for an updated version of the Homeowners Loan Corporation, the New Deal agency that rescued thousands of Americans from foreclosure, and was the predecessor to FNMA and securitization. [read post]
15 Aug 2008, 8:47 am
To the extent the government decides to assist people in purchasing homes, is that not within the bailiwick of the FHA, to be administered through loans made or guaranteed by FNMA and FHMC? [read post]
1 Jul 2008, 6:27 am
Some attorneys complain that if the limitation says 30% the HOA can not not approve a hardship request because it would make the units unmarketable via purchase by FNMA or Freddie Mac. [read post]
7 Jun 2008, 8:57 pm
Another simple truth is that it is harder to get conventional financing for properties in common interest developments because the largest purchasers of residential loans in the country - namely FNMA and FHLMC (more commonly known as Fannie Mae and Freddie Mac - sounds like something right out of the Flintstones) have limits on purchasing loans in high percentage rental communities. [read post]
4 Jun 2008, 3:06 am
The Dodd-Shelby compromise in the Senate that uses FNMA and FHLMC to bail out both borrowers and lenders also gets a cold shoulder from the Wapo. [read post]
28 May 2008, 8:03 pm
You just never know who's going to get stuck with the bill for loans that FNMA Mae buys, but it's rarely FNMA if there's any breathing body or inanimate object that Fannie can stick it to. [read post]
21 May 2008, 1:47 pm
GET REAL FNMA! [read post]
7 Feb 2008, 11:13 pm
This ratio ordinarily hovers between seventy and eighty percent and varies depending upon size of loan, size of down payment and specific lending program (VA, FHA FNMA, etc.). [read post]
17 Jan 2008, 1:54 pm
She thought that the fees seemed like "a bit of bail out of FNMA being funded by new borrowers and a charge being imposed by FNMA for folks seeking to refinance out of adjustable rate loans. [read post]
18 Dec 2007, 5:33 am
The Center for American Progress is calling for an updated version of the Homeowners Loan Corporation, the New Deal agency that rescued thousands of Americans from foreclosure, and was the predecessor to FNMA and securitization. [read post]
2 Jul 2007, 7:00 am
THE ROLE OF THE PROBATE REFEREE BENEFITS OF USING REFEREIS IN TRUST AND NON-PROBATE MATTERS TRANSFER OF SMALL ESTATES AND SPOUSAL PROPERTY PETITIONS NEW REQUIREMENT OF VALUATIONS WHENEVER ACCOUNTS ARE REQUIRED TO BE FILED WHAT IS THE INVENTORY AND APPRAISAL -Checklist for preparing the Inventory and Appraisal -What does not go in the Inventory and Appraisal -What goes on Attachment 1 -What goes on Attachment 2 LISTING PARTICULAR ASSETS -The importance of complete information REAL PROPERTY… [read post]
14 May 2007, 4:21 pm
Shares of FNMA trade on the stock exchange. [read post]
16 Apr 2007, 3:24 am
Fannie Mae: Federal National Mortgage Association (FNMA); a federally-chartered enterprise owned by private stockholders that purchases residential mortgages and converts them into securities for sale to investors; by purchasing mortgages, Fannie Mae supplies funds that lenders may loan to potential homebuyers. [read post]
26 Feb 2007, 8:42 pm
At least FNMA's board canceled $44.4 million in bonuses to current and former officers of the association, even though they've done such a splendid job of running the joint. [read post]
11 Feb 2007, 6:52 am
As a resource for class action defense attorneys who defend against RESPA (Real Estate Settlement Procedures Act) class actions, we provide the text of Regulation X. [read post]
25 Dec 2006, 6:45 pm
They can never remain satisfied that old audits go away, and previous stakeholders will not go after the firm for any perceived issues with the audit and this list includes investors, banks, the tax authorities, and yes as in FNMA...the company itself. [read post]
28 Aug 2006, 12:32 am
In the last economic downturn, I personally experienced more than one instance of a mortgage lender suffering the infliction of extreme financial and emotional pain caused by buyback demands from secondary market purchasers like FNMA, FHLMC and private institutional investors. [read post]
