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15 Apr 2010, 9:21 pm
Fannie Mae also won't reimburse for any expenses from preparing or recording from the "assignment of the mortgage loan from MERS to the servicer or to Fannie Mae. [read post]
15 Apr 2010, 7:28 pm
While Alloway notes that lenders like JP Morgan Chase are pushing back against repurchase demands by Fannie Mae and Freddie Mac (something we also discussed in an earlier post), and that JP Morgan Chase asserts that 50% of the buyback requests go unfulfilled, she also points out that Chase's last 10Q filing stated that "[i]t anticipates that its 2010 revenue could be negatively affected by elevated levels of repurchases of mortgages previously sold to GSEs. [read post]
13 Apr 2010, 9:26 am
Much of the change is driven by the stricter underwriting standards imposed by Fannie Mae, Freddie Mac and FHA. [read post]
12 Apr 2010, 7:38 pm
The cast of characters and motivations reads like "The Bonfire of the Vanities": execs at Fannie Mae and Freddie Mac were worried about corporate profits; the government wanted to expand home ownership to low income families; and Wall Street and lenders were just looking to make an easy buck. [read post]
12 Apr 2010, 5:26 pm
The bill exempts from the prohibition, State obligations, US obligations and federal agency obligations fully guaranteed by US, as well as obligations of government sponsored enterprises like Fannie Mae and Freddie Mac. [read post]
10 Apr 2010, 2:19 pm
” For fifteen years now, I’ve worked out in the gym in the basement of the Fannie Mae foundation, next door to the main Fannie Mae headquarters. [read post]
9 Apr 2010, 12:35 pm
To hear a former senior Fannie Mae executive tell it, the mortgage finance giant's dive into questionable mortgages during the housing boom arose because the company felt compelled to compete against Wall Street. [read post]
9 Apr 2010, 12:16 pm
Helpful Links Fannie Mae LQI Summary Fannie Mae LQI FAQs Fannie Mae Lender Tips for Identifying Undisclosed Liabilities Boston.com Real Estate Now Blog On LQI Subscribe By Email To This Blog! [read post]
9 Apr 2010, 3:45 am
Two former top executives of Fannie Mae will face questions Friday about the government-created mortgage titan's role in fomenting the housing boom and its eventual bust, The Associated Press reported. [read post]
7 Apr 2010, 8:57 pm
Greenspan blamed everyone but himself for the housing bubble, but he especially blamed Fannie Mae and Freddie Mac for buying subprime debt. [read post]
7 Apr 2010, 8:39 am
The job of the SEC is to monitor this process, he noted, and the Commission has demonstrated caution and reflection.Former SEC Chair Richard Breeden pointed out that a common element in the failure of Lehman Brothers, AIG, Fannie Mae, and other firms was that their boards of directors did not control excessive risk-taking, did not prevent compensation systems from encouraging a ``bet the ranch’’ mentality, and did not hold management sufficiently accountable. [read post]
7 Apr 2010, 3:12 am
., the Federal Housing Finance Agency, Fannie Mae, and Freddie Mac. [read post]
6 Apr 2010, 2:00 pm
"It's no one cause" she said--you can't blame it on Fannie Mae or any of those current whipping posts. [read post]
6 Apr 2010, 5:54 am
Helpful Links Fannie Mae LQI Summary Fannie Mae LQI FAQs Fannie Mae Lender Tips for Identifying Undisclosed Liabilities Subscribe By Email To This Blog! [read post]
2 Apr 2010, 1:34 pm
Nonetheless, I was happy to hear that Treasury Secretary Timothy Geithner today stated specifically that Fannie Mae and Freddie Mac should... [read post]
30 Mar 2010, 3:21 pm
Lucia for a week and arrived back into the eye of the Wall Street collapse; Lehman Brothers had filed for bankruptcy, Fannie Mae and Freddie Mac had been placed in conservatorship, and general chaos reigned. [read post]
28 Mar 2010, 8:16 pm
Fannie Mae made its official announcement on April 30, 2010. [read post]
27 Mar 2010, 10:13 am
If your buyer is using conventional financing, check if it is a Fannie Mae approved condo. [read post]
26 Mar 2010, 7:13 pm
The FHFA index -- which tracks the prices of the same houses over time, but only those sold to or guaranteed by Fannie Mae, Freddie Mac or the Federal Home Loan Banks -- is 13.2% below its April 2007 peak. [read post]
25 Mar 2010, 10:15 pm
ThePeoplesVoice.org has posted an article about Fannie Mae and Freddie Mac's intents to repay $21 billion worth of home mortgages to banks this year. [read post]
