Search for: "FHLMC Freddie Mac" Results 1 - 17 of 17
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24 Jan 2013, 11:16 am by Larry Tolchinsky
The Federal Home Loan Mortgage Corporation (FHLMC), commonly known by its nickname Freddie Mac, is under the control of the federal government these days as the Federal Housing Finance Agency (FHFA) took over conservatorship of both Freddie Mac and Fannie Mac in September 2008. [read post]
29 Jan 2013, 9:39 am by Larry Tolchinsky
According to the new Rules (read the complete Freddie Mac Rule in this November 2012 FHLMC Bulletin), as of March 1, 2013, some mortgage home loan borrowers can apply for a “deed-in-lieu” and if accepted, then they can (* poof!! [read post]
6 Sep 2011, 10:37 am by Larry Tolchinsky
The Federal National Mortgage Association (FNMA or “Fannie Mae”) and the Federal Home Loan Mortgage Corporation (FHLMC or “Freddie Mac”) are two programs that are currently under the control and oversight of FHFA. [read post]
15 Dec 2014, 6:39 am
The Federal National Mortgage Association (“FNMA” or “Fannie Mae”), as of December 13, 2014, and Federal Home Loan Mortgage Corporation (“FHLMC” or “Freddie Mac”) as of March 23, 2015 will back loans with 3 percent down payments for first-time home buyers. [read post]
8 Jan 2013, 7:03 am
Nearly every residential mortgage is a Freddie Mac/Fannie Mae Uniform Instrument, regardless of whether either Fannie Mae (FNMA) or Freddie Mac (FHLMC) owns the mortgage. [read post]
19 Aug 2016, 4:25 pm by Steven Boutwell
Both Freddie Mac and Fannie Mae have implemented disaster relief guidelines.[1]  You can determine if your loan is a FHLMC or FNMA loan by visiting the “look-up” pages on the Freddie Mac and Fannie Mae websites. [read post]
27 Aug 2010, 9:23 pm
" The issue in the blog and the San Francisco loan site and the news article to which the blog refers say that both FNMA and Freddie Mac (FHLMC) the two largest home loan servicers, are saying they will not purchase or service loans that are made under programs like the San Francisco PACE program which was providing funding for home loans for homes that featured "green" options. [read post]
27 May 2010, 7:25 pm by Kevin Funnell
Sunday, we discussed the fact that not only were some big mortgage loan seller/servicers "pushing back" on Fannie Mae and Freddie Mac when those GSEs try to force loan repurchases, but that the Mortgage Bankers Association was holding a series of seminars around the country for bankers on how to fight the repurchase requests. [read post]
17 Jan 2008, 1:54 pm
Freddie Mac has announced that it's following suit. [read post]
11 Sep 2011, 7:55 pm by Kevin Funnell
He also asserts that even if 40% of the new loans go sour and the foreclosed homes are sold for only 60% of original loan value, the $240 billion loss is a pittance to what the US taxpayer is expected to plow into Fannie Mae and Freddie Mac before those money pits are finally "resolved" (current estimate: somewhere north of $400 billion). [read post]
3 May 2011, 10:29 am by Tomassi Law Associates
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]
25 Mar 2011, 3:23 am by Rich Vetstein
I add this clause to deal with this situation: The Condominium, the Unit, and the Condominium Documents (including but not limited to the Master Deed and By-Laws/Trust) shall conform to the requirements of Federal National Mortgage Association (“FNMA” or “Freddie Mac”), Federal Housing Administration (“FHA”) or Federal Home Loan Mortgage Corporation (“FHLMC”) or other secondary mortgage market investor, and shall otherwise be… [read post]
28 Aug 2006, 12:32 am
In a recent article in The American Banker (paid subscription required), the paper notes that both Fannie Mae and Freddie Mac "have a reputation for being more aggressive than private conduits when it comes to buybacks. [read post]
4 Jun 2008, 3:06 am
The compromise they are discussing -- paying for the homeowner bailout by taking Fannie Mae and Freddie Mac funds set aside for low-income housing -- raises a serious fairness problem, too. [read post]
29 Mar 2012, 9:28 am by Mandelman
It is my understanding that FHA will allow an occupant-borrower to strengthen his loan application by bringing in non-occupant co-buyers but that Fannie Mae and Freddie Mac will not. [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]
2 Apr 2012, 6:15 am by Mandelman
    So, do you remember the article I posted the other day about accounting for a pool of loans and how values are based on assumptions about the performance of the pool into the future? [read post]