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19 Sep 2020, 8:02 am
How to tell if your mortgage is backed by Fannie or Freddie. [read post]
16 Sep 2020, 2:26 pm
The US system is already ripe with “private” entities designed to serve a public good: Federal Reserve banking system; Fannie Mae; Freddie Mac; Highly regulated utilities (that are given the power of eminent domain); etc. [read post]
16 Sep 2020, 1:05 pm
Collins (consolidated for one hour of oral argument on Dec. 9): Whether the leadership structure of the Federal Housing Finance Agency is constitutional, and whether shareholders in Fannie Mae and Freddie Mac can challenge an agreement between the FHFA and the Treasury Department relating to the federal government’s rescue of Fannie Mae and Freddie Mac. [read post]
10 Sep 2020, 7:00 am
Certain Fannie Mae and Freddie Mac loans will also be exempt from the Adverse Market Refinance Fee. [read post]
7 Sep 2020, 1:39 pm
In March 2020, Congress passed the CARES Act, which included a foreclosure moratorium that prevented lenders and servicers from foreclosing on occupants until after August 31, 2020 (with the noted exception of Fannie & Freddie Mac loans for single-family homes, for which extension was granted by the FHFA through December 31, 2020). [read post]
31 Aug 2020, 6:20 am
His father was a shoemaker, and his mother worked at a fur factory and Fanny Farmers, wrapping suckers in Coldwater Flat, New York City. [read post]
30 Aug 2020, 10:00 pm
The Federal Housing Finance Agency (FHFA) announced on August 27 that Fannie Mae and Freddie Mac (the GSEs) will extend their moratorium on foreclosures and evictions until at least December 31, 2020. [read post]
30 Aug 2020, 10:00 pm
The Federal Housing Finance Agency (FHFA) announced on August 27 that Fannie Mae and Freddie Mac (the GSEs) will extend their moratorium on foreclosures and evictions until at least December 31, 2020. [read post]
30 Aug 2020, 10:00 pm
The Federal Housing Finance Agency (FHFA) announced on August 27 that Fannie Mae and Freddie Mac (the GSEs) will extend their moratorium on foreclosures and evictions until at least December 31, 2020. [read post]
30 Aug 2020, 10:00 pm
The Federal Housing Finance Agency (FHFA) announced on August 27 that Fannie Mae and Freddie Mac (the GSEs) will extend their moratorium on foreclosures and evictions until at least December 31, 2020. [read post]
30 Aug 2020, 10:00 pm
The Federal Housing Finance Agency (FHFA) announced on August 27 that Fannie Mae and Freddie Mac (the GSEs) will extend their moratorium on foreclosures and evictions until at least December 31, 2020. [read post]
30 Aug 2020, 10:00 pm
The Federal Housing Finance Agency (FHFA) announced on August 27 that Fannie Mae and Freddie Mac (the GSEs) will extend their moratorium on foreclosures and evictions until at least December 31, 2020. [read post]
27 Aug 2020, 1:44 pm
The move was shortly followed by a similar directive from the Federal Housing Financial Agency (FHFA), which ordered the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Company (Freddie Mac) to suspend foreclosures for at least 60 days. [read post]
20 Aug 2020, 9:27 am
Fannie Mae Lender Letter (LL-2020-12) states that “[i]n light of market and economic uncertainty resulting in higher risk and costs incurred by Fannie Mae, we are implementing a new [LLPA]. [read post]
17 Aug 2020, 3:32 pm
The case is a dispute between shareholders of Fannie Mae and Freddie Mac and the FHFA, which became the conservator for Fannie and Freddie after the 2008 financial crisis, over the FHFA’s 2012 financing agreement with the Treasury Department. [read post]
13 Aug 2020, 6:34 pm
This applies to loans delivered to Fannie/Freddie in September and thereafter, which is almost all of them that aren’t already well underway. [read post]
13 Aug 2020, 12:35 pm
Here I am — cleverly disguised as a middle-aged American tourist, complete with cargo shorts and fanny pack — at the Kunsthistorisches Museum in Vienna, Austria, contemplating Vermeer’s The Art of Painting, a beautiful, interesting work rich with detail and meaning. [read post]
11 Aug 2020, 6:00 am
The reduction in investor participation by Fannie and Freddie caused significant funding gaps in many LIHTC projects nationwide.[30] To ameliorate the downturn in investment, Congress enacted two programs as part of the 2009 American Recovery and Reinvestment Act (ARRA). [read post]
31 Jul 2020, 7:20 am
“[A] man of high ambitions … must face the loneliness of original work. [read post]
23 Jul 2020, 8:30 am
For example, could the proposed Housing Finance Regulatory Commission join the Federal Regulatory Authority once Fannie Mae and Freddie Mac exit conservatorship? [read post]
