Search for: "Federal Home Loan Mortgage Association"
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26 Jul 2022, 6:17 am
Some government subsidized mortgages through the FHA, VA or FDA require that loans be assumable. [read post]
26 May 2024, 11:31 pm
This month’s pullback in mortgage rates has spurred a pickup in home loan applications, which rose last week by 1.9% from a week earlier, according to the Mortgage Bankers Association. [read post]
18 May 2008, 9:36 am
Because of recent underwriting changes by Fannie Mae, the federally chartered company that buys home mortgages and sells them as securities, lenders are now required to examine an association’s finances before making loans. [read post]
25 Jul 2014, 12:38 pm
Two agencies that participated in the securitization of these subprime loans were the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae). [read post]
24 Aug 2021, 11:24 am
This program is available for mortgages owned or guaranteed by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
22 Oct 2011, 11:56 am
When the federal government began giving billions of dollars to the banking industry through the Troubled Asset Relief Program (TARP), we discovered that many financial institutions had gotten themselves into their dire situations by making or investing in high-risk home loans. [read post]
17 Nov 2014, 3:00 am
(Is home ownership a disqualification for student loan discharge? [read post]
27 Nov 2007, 4:01 pm
OFHEO said in October that it would not lower the conforming loan limit, despite falling home prices, but some groups, including the California Association of Realtors, have been lobbying for an increase in the conforming loan limit. [read post]
4 Oct 2010, 4:30 am
According to the Mortgage Bankers Association, the number of seriously delinquent loans – including those in foreclosure – fell by the largest amount since the housing crisis began in 2006. [read post]
4 Aug 2009, 8:08 am
On Tuesday, the federal government made a deal with mortgage company execs to perform 500,000 loan modifications by Nov. 1 - a significant scale back from than the 3-4 million first expected to be helped by the Making Home Affordable program. [read post]
28 Jan 2019, 1:12 pm
The standard deduction for a single filer increased from $6,000 to $12,000, but many other deductions were reduced or eliminated, including: Capping deductions for state and local income and property taxes at $5,000 when filing as a single person; Eliminating deductions for home equity loan interest unless the loan was used to pay for improvements towards a primary or secondary home; Reducing the mortgage interest tax deduction from $1 million to… [read post]
16 Apr 2015, 12:35 pm
Last week, the CFPB announced an enforcement action against RMK Financial Corporation d/b/a Majestic Home Loans (RMK) related to deceptive mortgage advertising practices. [read post]
2 Mar 2011, 8:27 am
A recent report at Credit.com notes that the federal government may be nearing an announcement of new regulations for the mortgage servicing industry. [read post]
15 Feb 2013, 10:52 pm
Federal National Mortgage Association, 462 Mass. 569 (2012), applies to cases that were pending on appeal at the time that case was decided. [read post]
19 Oct 2011, 11:48 am
From June 2001 through 2008, the couple used a Spicer Lake property as their vacation home without ever owning it by also arranging fraudulent mortgage loans for a series of straw buyers. [read post]
16 Apr 2008, 1:12 pm
But someone's applying for those loans, judging by this week's release from the Mortgage Bankers Association. [read post]
16 Apr 2008, 1:12 pm
But someone's applying for those loans, judging by this week's release from the Mortgage Bankers Association. [read post]
6 Apr 2020, 10:37 am
A recent projection from Moody’s estimates that approximately 30% of home loans could enter default if the economic shutdown continues through the summer. [read post]
31 Oct 2011, 6:21 am
" Instead of giving Bank of America the underperforming loans at an extremely cheap price, how about giving the homeowners associated with those loans the right of first refusal to buy their home for the amounts their loans were sold to Bank of America. [read post]
3 Apr 2011, 3:03 pm
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEWASHINGTON — Could the federal governments booming FHA mortgage program be forcing home- owners to pay tens of millions of dollars of extra interest charges when they sell their houses or refinance their loans? [read post]
