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28 Aug 2023, 9:03 pm
Officers went to Freddie’s Afro-Caribbean in Reading in February 2023 for a routine hygiene inspection. [read post]
24 Jan 2016, 10:57 am
The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, that issued a directive in February 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations. [read post]
9 Mar 2015, 8:43 am
Jeb Hensarling, Director Cordray indicated that the Bureau installed the sunset provision at least in part to give Congress time to undertake substantial reform of Fannie and Freddie. [read post]
25 Jun 2021, 5:16 am
The plaintiffs in Collins were shareholders of Fannie Mae and Freddie Mac seeking to invalidate an amendment (Third Amendment) to a preferred stock agreement between the Treasury Department and the FHFA as conservator for Fannie Mae and Freddie Mac that required the entities to pay quarterly dividends to the Treasury equal to their excess net worth after accounting for prescribed capital reserves. [read post]
8 Jan 2012, 9:01 pm
Part of this record volume can be traced to the lack of competition from banks and CMBS as well as borrower willingness to de-lever.Agencies: Freddie Mac and Fannie Mae remain solid and are producing loans at near record volume levels. [read post]
27 May 2010, 2:06 am
In Freddy Adu v. [read post]
24 Feb 2007, 5:32 pm
The settlement, which Freddie Mac agreed to without admitting or denying it broke the law, stems from an orchestrated effort by the McLean-based mortgage company to court key lawmakers through lavish dinners and other events, the settlement shows. [read post]
10 Mar 2009, 9:11 am
Yet upon searching the Volokh Conspiracy’s archives, all I can find in connection with the banking system, credit default swaps, financial derivatives, and mortgage backed securities are criticism of Fannie Mae and Freddie Mac, of former Clinton administration officials and their involvement with Fannie Mae and Freddie Mac, and of regulation that tried to limit the ability of banks to make “predatory” loans (otherwise known as loans that were doomed to… [read post]
3 Sep 2021, 7:53 pm
Fannie Mae and Freddie Mac’s equity cap for the Low-Income Housing Tax Credit will see an increase, which will allow more construction and renovations to rental housing. [read post]
24 Apr 2008, 1:28 am
In the past, Fannie Mae, Freddie Mac, and the Federal Housing Administration (FHA) could guarantee real estate loans up to $417,000. [read post]
2 Mar 2012, 6:22 pm
Per recent Fannie Mae / Freddie Mac guidelines, borrowers who file bankruptcy or go through foreclosure have to wait up to 7 years to buy another home. [read post]
12 Mar 2020, 3:06 pm
On another front, Wells Fargo continues litigating against the FHFA regarding loans sold by Wells to Freddie Mac. [read post]
12 May 2010, 2:02 pm
Between Fannie Mae, Freddie Mac, the FHA, and other government-supported entities, the U.S. government now backs 96.5% of the U.S. mortgage market. [read post]
16 Aug 2012, 9:57 am
Banks and quasi-governmental agencies like Fannie Mae and Freddie Mac have acquired huge portfolios of REO property and Build U.S. [read post]
30 Sep 2008, 2:34 pm
Nonetheless, here's some of the latest on the criminal side: The FBI has announced it is investigating Fannie Mae, Freddie Mac, AIG, and Lehman for fraud. [read post]
22 Jul 2016, 3:00 am
Another Acquittal in Freddie Gray Case. [read post]
29 Dec 2009, 1:03 am
Meanwhile, the same Fannie and Freddie will give multi-million-dollar bonuses to its executives.On December 25, 2009, some Nigerian lit his pants on fire. [read post]
23 Oct 2009, 9:12 am
The Obama administration asked Freddie Mac to investigate rules that would penalize lenders for wrongful denials. [read post]
24 Jun 2016, 3:52 pm
The death of Freddie Gray is indeed a case of negligence and not a criminal act. [read post]
25 Aug 2009, 4:23 pm
Meanwhile outlays will be $700 billion higher than last year, due largely to efforts to address the economic downturn, "in particular, $133 billion for the Troubled Asset Relief Program (TARP) and $291 billion for the estimated costs of placing Fannie Mae and Freddie Mac into conservatorship. [read post]