Search for: "Federal Mortgage Association (Fannie Mae)"
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17 Mar 2020, 11:01 am
The organizations joining in the joint comment letter are the California Mortgage Bankers Association, Credit Union National Association, Housing Policy Council, Leading Builders of America, Mortgage Bankers Association, Mortgage Bankers Association of Florida, Mortgage Bankers Association of Missouri, National Association of Federally-Insured Credit Unions, National Association of… [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]
6 Oct 2020, 10:32 am
Facts of the Case In 2008, Congress enacted the Housing and Economic Recovery Act (HERA), which created the Federal Housing Finance Agency (FHFA) as an independent agency to oversee the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
25 Aug 2016, 5:51 am
Condominium associations need to be especially vigilant because short term rentals of less than thirty (30) days are also prohibited by the Federal Housing Administration (FHA) and the Federal National Mortgage Association (Fannie Mae). [read post]
22 Oct 2011, 11:56 am
The Dodd-Frank Act, ironically, was brought to you by the same legislators who forced Fannie Mae and Freddie Mac to lower their standards for the mortgage loans they purchased in the first place. [read post]
14 Apr 2011, 12:15 am
No other major source of financing — not Fannie Mae, Freddie Mac or even the VA — requires interest payments from borrowers beyond the date they pay off their loans. [read post]
2 Jul 2012, 8:20 am
For example, if you bought property that had been foreclosed on from Federal National Mortgage Association, commonly called Fannie Mae, or from Federal Home Loan Mortgage Corporation, usually referred to as Freddie Mac, you are probably owed hundreds and maybe thousands of dollars today in fees they illegally collected from you when erroneous calculations were made. [read post]
18 Dec 2010, 10:14 am
Scott Garrett (R-NJ) to chair the subcommittee with jurisdiction over the financial markets, the SEC, the NYSE, NASD, the SROs, and the government -sponsored enterprises, such as Fannie Mae and Freddie Mac. [read post]
30 Jun 2013, 2:54 pm
Fannie Mae, Freddie Mac). [read post]
24 Mar 2020, 2:03 pm
In order to properly address the impact of the Covid-19 crisis on today’s capital markets, the Structured Finance Association (“SFA”) is urging the Board of Governors of the Federal Reserve System and the U.S. [read post]
31 Oct 2006, 8:08 am
" The request was endorsed by seven industry groups including the American Bankers Association, the Consumer Mortgage Coalition, and the Mortgage Bankers Association.The interesting thing is that Fannie Mae cannot originate loans, but can only buy them on the secondary mortgage market. [read post]
26 Sep 2012, 8:59 am
Federal National Mortgage Ass’n v. [read post]
3 Feb 2015, 4:56 pm
” Federal National Mortgage (Fannie Mae) acquired the note and mortgage from Chase. [read post]
4 Mar 2010, 4:13 pm
Covered employees are defined as both as employees of the company and non-employee directors of a major federal emergency economic assistance recipient.The Act defines major federal emergency economic assistance recipients as financial institutions of which the federal government acquired an equity interest of more than $5 million pursuant to a program authorized by the Emergency Economic Stabilization Act of 2008, as well as the Federal National Mortgage… [read post]
14 Dec 2011, 2:46 pm
Background In the current economic environment, national banks and federal savings associations (collectively, banks) are facing challenges resulting from unprecedented numbers of troubled residential mortgage loans. [read post]
23 Mar 2020, 1:41 pm
For example, on March 18, the Federal Housing Finance Agency announced that all foreclosures and evictions on loans that had been sold to Fannie Mae or Freddie Mac will be suspended for the next 60 days (and has since updated that guidance to allow some borrowers to defer payments for up to a year). [read post]
12 Feb 2011, 10:55 am
Residential Mortgage Lending MarketFannie Mae Tightens Its Belt On Adjustable Rate (ARM) and Interest Only Mortgage Programs [read post]
12 Sep 2013, 11:58 am
Also in early August, as reported by NuWire Investor, “the Federal Housing Financial Agency, regulator of Fannie Mae and Freddie Mac, two of the biggest investors in private-label mortgage-backed securities, issued a strong statement against [Richmond's plan to use eminent domain to acquire underwater mortgages], saying it would legally challenge any local or state action that sanctions use of eminent domain. [read post]
4 Sep 2009, 3:08 pm
Kanjorski (D-PA), Senator Bond (R-MO), Senator Shelby (R-AL), Senator Reed (D-RI).Senator Dodd, the top recipient of Fannie Mae and Freddie Mac campaign contributions, is Chairman of the Senate Banking Committee responsible for regulating the mortgage industry. [read post]
23 Dec 2011, 10:58 am
When Fannie Mae and Freddie Mac guarantee and securitize a bundle of mortgages they charge aguarantee fee or G fee for the service. [read post]
