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15 Aug 2012, 5:41 am
Bad Loans: Government-owned Fannie Mae and Freddie Mac are stepping up efforts to find bad home loans that they can force mortgage lenders to buy back from them, providing an increasingly bigger headache to banks. [read post]
8 Nov 2008, 3:07 pm
Chris Dodd and Congressman Barney Frank for their relationship with Fannie Mae, Freddie Mac and Countrywide Mortgage. [read post]
16 Feb 2011, 3:02 am
The Treasury Department released a set of housing policy options Feb. 11 that would slowly dissolve government-sponsored housing finance enterprises (GSE) Fannie Mae and Freddie Mac and transition to a much smaller and explicit federal guarantee role for the mortgage market. [read post]
16 Apr 2008, 1:12 pm
The MBA group doesn't quote rates for the new "agency jumbos," those of more than $417K but which Fannie Mae and Freddie Mac will buy from now until the end of the year. [read post]
14 Feb 2012, 11:19 am
The program has been lifeless since July 2010, when the Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac not to underwrite mortgages with PACE loans, as PACE liens are senior to home mortgages. [read post]
12 Feb 2011, 5:02 am
"Fannie Mae did not give us the chance to execute that plan," the statement said.Is this blaming the client? [read post]
15 Nov 2011, 9:09 am
There’s no word yet on whether Fannie Mae, Freddie’s larger competitor in the industry, will follow suit. [read post]
25 Sep 2010, 4:27 am
One Orlando Fannie Mae REO broker noted that July was his best sales month in a long time, saying that it is not only investors but also owner-occupant homebuyers who are involved in the bargain hunting. [read post]
15 Dec 2010, 6:06 am
In late august the woman received a notice on her front door that her home had been foreclosed on and turned over to Fannie Mae. [read post]
24 Jul 2008, 4:20 pm
. --2) Provide for a future bail out (if needed) of Freddie Mac and Fannie Mae (who together guarantee about 80 percent of new mortgages) by raising the national debt limit by $800 billion in the event our government needs to rescue these hemorrhaging companies.--3) Provide approximately $15 billion in housing-related tax incentives, including a $7,500 tax credit for first-time home buyers who meet certain income qualifications.--4)Authorize state and local housing agencies to… [read post]
10 Oct 2010, 8:08 pm
A top aide to the House Speaker profited by trading shares of Freddie Mac and Fannie Mae in a brokerage account with her husband two days before the government authorized emergency funding for the companies. [read post]
13 Sep 2012, 12:01 am
The Federal Housing Finance Agency, the independent government regulator that oversees mortgage titans Fannie Mae and Freddie Mac, also expressed worry about the plan. [read post]
14 Oct 2011, 4:30 pm
In 2004, along with Jonathan and Peter Orszag, Professor Stiglitz wrote a paper for Fannie Mae in which he "estimated" that the "risk to the government from a potential default on GSE debt is effectively zero. [read post]
18 Sep 2008, 9:34 pm
His remarks indicate momentum is building for some wider plan after the Fed and Treasury's takeovers of Fannie Mae, Freddie Mac and American International Group Inc. this month. [read post]
18 Aug 2010, 5:44 am
A figure of 100 on the index would indicate virtually no risk of fraud.....Back of the Yards -- ZIP code 60609 -- had an index of 309.So basically, the wicked scammers found a way to exploit lenders even with their newly improved, more rigid underwriting systems, and loan guarantors (FHA, Fannie Mae, Freddie Mac) (taxpayers) will continue to eat the losses. [read post]
10 Dec 2013, 4:26 am
Recently, our action has been divided into two potential class actions: One action involves the lender placed hazard insurance which has been charged to homeowners with standard Fannie Mae Freddie Mac uniform mortgages by OneWest Bank and IndyMac through the insurance company Assurant and its subsidiary, American Security Insurance Company. [read post]
10 Oct 2010, 7:00 am
As mortgage delinquencies, defaults and foreclosures have continued to pile up across the nation, Fannie Mae and Freddie Mac began pushing back loans to servicers last year. [read post]
21 Sep 2010, 2:42 pm
Related Articles New Fannie Mae Lending Rules Will Help Some Borrowers, Hurt Others Black Friday and Cyber Monday Purchases Could Rain On Your Real Estate Closing Day Parade A Wild, Wild Week With Massachusetts Mortgage Rates: Mortgage Rate Lock Advisory for Nov. 17, 2010 [read post]
31 May 2012, 7:49 am
To become eligible for the new HARP, a homeowner must have a mortgage sold to Fannie Mae or Freddie Mac on or before May 31, 2009. [read post]
3 Nov 2009, 5:02 pm
This is similar to claims made concerning the sales of auction-rate securities and recommendations prior to the Lehman, Fannie Mae, and Freddie Mac debacles. [read post]
