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6 Jul 2010, 4:25 am
Proposals that are currently floating around, and being pushed by Fannie Mae, and others, include trying to encourage distressed homeowners to find alternatives to foreclosure by banning those who walk away from their home from getting new loans to purchase a home for seven years. [read post]
4 Jul 2010, 10:03 am by Gallagher & Associates Law Firm
Following suit, Fannie Mae, the government-supported mortgage company, reminded the companies that manage its loans that they can immediately suspend or reduce payments for borrowers for at least three months given the loss of income occasioned by the oil spill.Citigroup's move will protect about 1,200 homeowners. [read post]
4 Jul 2010, 10:02 am by Gallagher & Associates Law Firm
Fannie Mae Delisted from NYSE Federal regulators' decision week to remove shares of Fannie Mae (FNM) and Freddie Mac (FRE) from the New York Stock Exchange marks a fundamental change for the two mortgage agencies now operating under conservatorship. [read post]
"Fannie Maes' HAMP Solution CenterIf the counseling agency's management is unable to resolve the complaint, the case is "referred to an escalation team within Fannie Mae known as the HAMP Solution Center" which also handles escalations referred by "housing counselors and government agencies outside of the HOPE hotline. [read post]
3 Jul 2010, 12:06 pm by Mike Rappaport
One of the commentators to my prior post on the financil crisis wrote: It is fantastic to see a traditional conservative leave the (simplistic) Fannie Mae paradigm. [read post]
1 Jul 2010, 5:00 am by Deepak Gupta
High on that list will be solving the Fannie Mae/Freddie Mac conundrum as the firms are still bleeding billions of dollars. [read post]
30 Jun 2010, 1:04 pm
" The company stated that is will not allow those who strategically default to obtain a loan backed by Fannie Mae for seven years. [read post]
30 Jun 2010, 9:36 am
Citigroup, Fannie Mae and Freddie Mac recently announced mortgage relief programs designed to give relief to homeowners in the areas affected by the BP Oil Spill. [read post]
30 Jun 2010, 5:58 am by Mandelman
  And at least you won’t have to think about pouring cement down all the drains and removing all of the copper wiring in the house before giving it back when the bank finally forecloses, assuming you can’t get back to work on time for insolvent asshats at Fannie Mae or Bank of America, or wherever. [read post]
28 Jun 2010, 7:40 am by Kenneth Anderson
  And, of course, the fact that the government had the power to “resolve” Fannie Mae and Freddie Mac (which it did) has not prevented either precipitous action or a big bailout. [read post]
25 Jun 2010, 7:45 pm
” Related Web Resources: Fannie, Freddie Plunge After Moving to Delist Shares, Bloomberg, June 16, 2010 Fannie Mae, Freddie Mac to delist from NYSE, CNN, June 16, 2010 [read post]
25 Jun 2010, 8:52 am by Robert Weed
So Fannie Mae now won’t back a mortgage for someone who gave up a house in foreclosure until seven years have passed from the foreclosure date. [read post]
25 Jun 2010, 5:40 am by David Fineman
Apparently Fannie Mae will be instructing its servicers to recommend which homeowners should be pursued for deficiencies. [read post]
25 Jun 2010, 5:40 am
Apparently Fannie Mae will be instructing its servicers to recommend which homeowners should be pursued for deficiencies. [read post]
24 Jun 2010, 7:37 am
Fannie Mae says it will crack down on homeowners who "walk away" from the mortgages on their underwater homes. [read post]
22 Jun 2010, 9:16 am
Accordingly, it was very refreshing to learn today that The Massachusetts Securities Division filed an administrative action against Banc of America Investment Services, charging it with misrepresentations in the sale of Fannie Mae and Freddie Mac Bonds. [read post]
22 Jun 2010, 1:40 am by Rich Vetstein
A myriad of Fannie Mae guidelines, disclosure requirements, and RESPA rules require the parties to review, understand and execute dozens of dense legal forms and disclosures. [read post]
21 Jun 2010, 12:41 pm by Securites Lawprof
The Massachusetts Securities Division recently filed an administrative complaint against Banc of America Investment Services, charging it with misrepresentations in the sale of Fannie Mae/Freddie Mac Bonds. [read post]