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29 Jun 2011, 2:14 pm
Not only do unpaid condo fees threaten the financial health of a condominium, but a high delinquency rate can run afoul of Fannie Mae/Freddie Mac and FHA condominium lending guidelines, thereby hindering the sale of a unit. [read post]
3 Mar 2008, 8:29 am
With the exception of loan servicing and the company’s Financial Freedom reverse mortgage program “all of our operating segments reported material losses in 2007″, though the company says it expects to rebound in 2008 by focusing most of its attention on selling loans to Fannie and Freddie, instead of Wall Street. [read post]
29 Jan 2009, 5:30 am
This technique of "securitizing" mortgages was developed in the 1970's by the government-sponsored entities Fannie Mae and Freddie Mac for "conforming" loans or loans below a certain dollar amount and for borrowers with good credit scores. [read post]
4 Apr 2011, 7:49 pm
The suit was filed in 2008, the same year that Uncle Freddie, along with Aunt Fannie, was placed into conservatorship, and has been slowly working its way to this point. [read post]
3 Oct 2008, 1:45 am
., who shielded Fannie Mae and Freddie Mac from regulation? [read post]
14 Oct 2008, 6:01 am
Apparently confused by the fact that what happened to Enron has now happened to Bear Stearns, Freddie and Fannie, Merrill Lynch, Lehman Brothers, AIG and any number of other trust-based businesses impacted by the current credit crunch, Steffy reaches for insight from one of the fellows who set the stage for this mess: Investigators are poring over the failed firms, looking for signs that executives misled shareholders. [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]
1 Jul 2010, 5:00 am
High on that list will be solving the Fannie Mae/Freddie Mac conundrum as the firms are still bleeding billions of dollars. [read post]
9 Nov 2010, 7:51 pm
Barney-baiting newspaper The Boston Herald has been running stories since last week's Republican takeover of the House that Republicans are eager to put Barney Frank's head on a platter, using his alleged interference with attempts to "reform" Fannie Mae and Freddie Mac as the starting point for "investigations" into Frank's role in the entire mortgage meltdown mess. [read post]
29 Mar 2011, 7:34 pm
Fannie, Freddie, and the FHA may very well refuse to accept appraisals written in those states (so, good luck encouraging more home lending). [read post]
16 Mar 2011, 9:13 am
MERS was formed 16 years ago by Fannie Mae, Freddie Mac and a number of big banks like JPMorgan Chase and Bank of America. [read post]
31 Oct 2012, 7:37 am
This case is about the way in which both Bank of America and subsidiary Countrywide systematically skirted regulatory control over mortgage loans backed by government housing agencies Fannie Mae and Freddie Mac. [read post]
31 Dec 2009, 9:36 am
Some of these companies include well known giant corporations like Citigroup Inc, Fanny Mae and Freddie Mac, GM, American International Group and GMAC Financial Services. [read post]
11 Sep 2011, 7:55 pm
He also asserts that even if 40% of the new loans go sour and the foreclosed homes are sold for only 60% of original loan value, the $240 billion loss is a pittance to what the US taxpayer is expected to plow into Fannie Mae and Freddie Mac before those money pits are finally "resolved" (current estimate: somewhere north of $400 billion). [read post]
3 Jul 2011, 2:12 am
Plus, the GSEs (fannie and Freddie) will eventually be unwound and privatized. [read post]
12 Apr 2011, 9:22 pm
Fannie Mae approved short sales on 36,534 home loans it owned in the first half of 2010, nearly triple the number in 2007 and 2008 combined. [read post]
19 Jan 2012, 2:03 pm
The majority of the securities were part of subordinated tranches of nonagency MBS with underlying collateral, which were were mortgages that weren’t in compliance with requirements to be part of MBS-guaranteed or to have been issued by Fannie Mae, Freddie Mac, or Ginnie Mae. [read post]
22 Feb 2019, 9:03 pm
Consumers with questions about the recall can contact Fanny Chen, owner of TV Food LLC, at 510-878-7906. [read post]
21 Jul 2012, 8:08 am
” And he recently helped the World Bank develop anti-corruption initiatives and served as an expert for OFHEO in its enforcement action against Fannie Mae’s former senior management. [read post]
21 Feb 2012, 9:46 am
No mortgages backed by Fannie Mae or Freddie Mac will be accepted. [read post]
