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24 Jul 2010, 3:47 am
A significant portion of this colossal increase in taxpayer support was the result of the government’s futile attempt to prop up the housing market by purchasing Fannie Mae’s and Freddie Mac’s securities, and guaranteeing mortgages through the FHA, VA and Ginnie Mae. [read post]
3 Apr 2020, 12:11 pm
., the “whereas” section), the Governor recited that the Federal Housing Administration implemented an immediate foreclosure and eviction moratorium for FHA-insured single-family mortgages for at least 60 days, and recited that the Federal Housing Finance Agency similarly directed Fannie Mae and Freddie Mac to suspend foreclosures and evictions for Enterprise-backed single-family mortgages for at least 60 days. [read post]
24 Jan 2012, 10:47 am
His time at Fannie Mae and Freddie Mac is a vulnerability. [read post]
27 Dec 2009, 7:00 am
Jumbo-mortgage loans are large loans that Freddie Mac and Fannie Mae are not allowed to finance. [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]
8 Feb 2011, 5:42 pm
A new one on my radar is an emerging conflict over what to do about Fannie and Freddie. [read post]
26 Sep 2012, 6:00 am
It is now time for it, Freddie Mac, and the big aggregators to cease making repurchase demands on the correspondent/originators for the repurchase of legacy loans, which are typically based on similar weak grounds [read post]
15 Dec 2009, 12:33 am
DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK Business Law Court Denies Partial Lift of PSLRA Discovery Stay To Obtain Documents Produced by Freddie Mac Kuriakose v. [read post]
13 Feb 2013, 11:17 am
Williams' sister, Freddie Mae Lewis, told the Cordele Dispatch he has "suffered multiple lacerations to the head, arms, hands and legs including a large gash on the side of his thigh." [read post]
11 Jun 2012, 10:03 am
Lady Gaga got her stage name from the Queen song, 'Radio Ga-Ga,' when a music producer compared her singing to that of Freddy Mercury. [read post]
20 Jul 2009, 9:09 pm
The victim, Freddy Zepeda, was buckling up his one-year-old child in a car seat when a motor vehicle struck him. [read post]
31 Aug 2009, 5:32 pm
First a quick recap.The HVCC is not so much law, as it is the result of an agreed settlement entered into by Fannie Mae, Freddie Mac, and the office of the New York State Attorney General.The idea was to stem the tide of appraisal fraud and abuse by changing the way that lenders select their mortgage appraisers. [read post]
30 Oct 2008, 11:25 am
Court of Appeal, Seventh Circuit, affirmed a federal district court's ruling that the Indiana State Lottery Commission was not a "state agency" and thus it was not entitled to 11th Amendment sovereign immunity with respect to unlawful discrimination claims filed by former employees pursuant to 42 USC 1981 and Title VII of the Civil Rights Act of 1964.Freddie Burrus and a number of other former lottery employees sued the Indiana State Lottery Commission alleging that had been… [read post]
26 May 2010, 8:35 am
Related posts:Fannie Mae and Freddie Mac HAFA Guidelines Announced Government Helps Make Loan Modifications Permanent Two Programs Help Nevada’s Foreclosure Rate [read post]
16 Jun 2009, 9:24 am
If a loan is not guaranteed by the FHA, VA, Fannie / Freddie, or private mortgage insurance ("PMI"), then the note holder absorbs the entire loss when an upside down loan is foreclosed. 3) Lenders have a large inventory of homes already owned because of foreclosure, plus even more in the pipeline. [read post]
27 Aug 2010, 9:23 pm
" The issue in the blog and the San Francisco loan site and the news article to which the blog refers say that both FNMA and Freddie Mac (FHLMC) the two largest home loan servicers, are saying they will not purchase or service loans that are made under programs like the San Francisco PACE program which was providing funding for home loans for homes that featured "green" options. [read post]
27 Oct 2010, 7:50 pm
Maybe it's not all Fannie's and Freddie's fault after all [read post]
11 Jan 2011, 8:39 pm
. ''They said to contact your mortgage company and see if they are going to become involved," Salem said.Participating lenders, loan servicers and agencies include Wells Fargo, Chase, Bank of America, GMAC, CalHFA, and the Department of Veterans Affairs, as well as the government-sponsored Fannie Mae and Freddie Mac.Richardson said. [read post]
31 Mar 2011, 10:02 am
The deficiency action can be brought by a primary or secondary mortgage holder, or by a mortgage insurance company or government entity like Fannie Mae and Freddie Mac. [read post]
3 Nov 2014, 5:30 pm
Maatman, Jr. of Seyfarth Shaw on the firm’s EEOC Year-End Countdown Freddie Mac’s Index Shows Housing Market Improvement – Robert M. [read post]