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4 Jan 2012, 10:39 pm
Section 5.4(c) appears to stand for a very simple and uncontroversial principle (pace FNMA v. [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]
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]
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]
16 Dec 2011, 5:40 pm
The decision that came out of the Maine Supreme Court last week in FNMA v. [read post]
18 Mar 2011, 11:48 am
Related Posts:Fannie Mae Advisory: Pending Condominium Litigation Can Derail Your Condo FinancingThe Catch-22 Impact Of New Fannie Mae (FNMA) Condominium Lending Regulations10 Questions To Ask Before Buying A Massachusetts Condominium UnitDealing With Dysfunctional Massachusetts Condominium Trustees & Homeowner AssociationsFHA To Ease New Condominium Guidelines–Spot Loan Approval Extended Until Feb. 1 [read post]
1 Dec 2011, 12:56 pm
FNMA which is now on appeal with the Supreme Judicial Court. [read post]
20 Nov 2009, 9:13 pm
In the case of FNMA and GNMA, for example, Pozen seems much more impressed by the pressure the mortgage-buyers experienced from the CEO of Countrywide Finance than anything they may have felt from Chris Dodd or Barney Frank. [read post]
18 Oct 2011, 3:18 pm
FNMA case that foreclosing parties do not need to hold both the promissory note and the mortgage when they foreclose. [read post]
22 Jun 2012, 8:55 pm
Score One For Lenders and Mortgage Servicers In Long-Awaited Eaton v. [read post]
5 Jan 2012, 10:43 am
An eleventh-hour payroll tax cut extension signed into law last week will for the first time divert funds directly from Fannie Mae (FNMA) and Freddie Mac, the two mortgage-finance companies under U.S. conservatorship, to pay for general government expenses. [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]
11 Mar 2013, 9:51 am
Currently, we can close a single family loan in 45 days, and a condo purchase in about 60 days, since condo mortgages require more extensive FNMA approval. [read post]
25 Oct 2012, 10:09 am
The federal government is alleging in its civil lawsuit that it wants the defendant, Bank of America, to cover the damages that FNMA (Fannie Mae) and Freddie Mac (FMCC) incurred from buying home loans that were later found to less than stellar, leaving the taxpayers holding the bag for the bad mortgages. [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 Dec 2011, 3:48 pm
Freddie Mac (FMCC) and Fannie Mae (FNMA), the two government-controlled mortgage giants, are freezing all foreclosure evictions on mortgage loans they own or back from Dec. 20th through Jan.3rd. [read post]
20 Oct 2011, 4:38 pm
FNMA case is imminent, and if the court in that case rules that foreclosing parties need to hold both the mortgage and the promissory note when they foreclose, well… that would be the end of the re-foreclosure fix mentioned above. [read post]
19 May 2017, 12:23 pm
ELEMENTS OF CAUSE OF ACTION FOR WRONGFUL FORECLOSURE The elements of a wrongful foreclosure claim are: (1) a defect in the foreclosure sale proceedings; (2) an inadequate selling price; and (3) a causal connection between the defect and the inadequate selling price. [read post]
18 Jun 2018, 5:27 pm
.; FEDERAL NATIONAL MORTGAGE ASSOCIATION; THE REGISTERED HOLDERS OF FANNIE MAE GUARANTEED REMIC PASS-THROUGH CERTIFICATES, Fannie Mae REMIC TRUST 2008-16; FNMA AA MSTR/SUB CW BANK; LAURIE MEDER; FANNIE MAE REMIC TRUST 2008-16, Defendants-Appellees.No. 16-51010.United States Court of Appeals, Fifth Circuit.Filed June 12, 2018.Mark D. [read post]