Search for: "Federal Mortgage Association (Fannie Mae)"
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16 Mar 2012, 2:37 pm
The Federal Housing Finance Agency (FHFA) has published a Final Rule in the Federal Register that limits the ability of Fannie Mae, Freddie Mac and the Federal Home Loan Banks to deal in mortgages on properties that are encumbered by private transfer fee covenants. [read post]
14 Mar 2012, 3:22 pm
The FHFA was created by the Housing and Economic Recovery Act of 2008 in order to assess the safety and soundness of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. [read post]
14 Mar 2012, 2:12 pm
Nearly 12 million Americans live in homes financed through Fannie Mae or Freddie Mac who owe more on their mortgage than their homes are worth. [read post]
5 Mar 2012, 2:51 pm
Use of the plan in GSE Fannie Mae and Freddie Mac owned and insured loans would reduce both taxpayer and federal government liability. [read post]
2 Mar 2012, 5:38 am
Federal National Mortgage Association, also known as Fannie Mae, are two documents borrowers sign to get a home loan. [read post]
1 Mar 2012, 8:02 am
And as far as the HAMP contract between Fannie Mae/Treasury and the participating servicers, well… forget about it because borrowers were not considered third party beneficiaries to that contract. [read post]
29 Feb 2012, 5:16 am
California’s Attorney General, Kamala Harris has asked the Federal Housing Finance Agency, or FHFA, which is the government agency that is acting as conservator for failed mortgage behemoths Fannie Mae and Freddie Mac, to stop foreclosing in California until it has conducted a “thorough, transparent analysis of whether principal reduction is in the best interests of struggling homeowners as well as taxpayers. [read post]
22 Feb 2012, 9:15 am
Fannie Mae's website is: www.fanniemae.com/loanlookup/. [read post]
19 Feb 2012, 3:11 am
If SB 1451 were to become state law, Arizona’s homeowners would no longer be dependent on the federal government, through Fannie Mae, Freddie Mac or FHA, to refinance their mortgages. [read post]
13 Feb 2012, 9:02 pm
The statement effectively halted state PACE programs by causing enterprises such as Freddie Mac and Fannie Mae to completely avoid mortgages associated with PACE loans. [read post]
11 Feb 2012, 11:33 pm
FHFA's Edward DeMarco Congress directed the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac to “implement a plan that seeks to maximize assistance to homeowners” as part of the Emergency Economic Stabilization Act of 2008. [read post]
7 Feb 2012, 8:00 am
In a series of private meetings and in letters to FHFA, Senators and Members of Congress have asked the FHFA to use its authority over Fannie Mae and Freddie Mac to require them to agree to the Principal Paydown Plan when proposed by a homeowner trying to save a home in chapter 13 bankruptcy. [read post]
3 Feb 2012, 12:00 pm
The law mainly affects banks and other financial institutions that engage in mortgage lending, authorizing the Federal Housing Administration to guarantee certain fixed-rate mortgages and allowing states to refinance subprime mortgage loans. [read post]
2 Feb 2012, 12:40 pm
Specifically, the FHFA's proposed action is to prevent Fannie Mae and Freddie Mac from buying certain mortgages whether or not the particular mortgage has a PACE assessment associated with it: FHFA's Proposed Action would direct [Fannie Mae and Freddie Mac] not to purchase any mortgage that is subject to a first-lien PACE obligation or that could become subject to first-lien PACE obligations without the consent… [read post]
31 Jan 2012, 9:45 am
Notably, the Federal Housing Finance Association, the congressional conservator of the bailed out Fannie Mae and Freddie Mac, filed a rare amicus brief and laid a shot across the SJC’s bow. [read post]
24 Jan 2012, 2:48 pm
As a result, two years ago the federal agencies that control the bulk of residential mortgages, such as Fannie Mae, barred real estate agents and mortgage brokers from choosing appraisers. [read post]
24 Jan 2012, 8:39 am
The complaint alleges that the Ordinance is preempted by federal law and regulations governing Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation). [read post]
20 Jan 2012, 7:44 am
Mortgage Co. in New Jersey, involved selling the same loans twice — once to credit unions and then to home finance giant Fannie Mae. [read post]
16 Jan 2012, 8:14 am
On December 28, 2011, the Federal National Mortgage Association (Fannie Mae) announced new condominium insurance requirements. [read post]
9 Jan 2012, 3:40 pm
Federal National Mortgage Association case, indicating its deep concern over whether an adverse ruling against foreclosing lenders will have a disastrous impact on foreclosure titles and, if so, whether its ruling should be applied prospectively rather than retroactively. [read post]
