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18 Aug 2013, 7:49 am
The declaration of trust should also have standard Fannie Mae/Freddie Mac provisions which will ensure that future buyers can obtain conventional financing on their units. [read post]
5 Oct 2011, 11:00 pm
Related posts:New Fannie Mae “Deed for Lease” Program May Be an Alternative to Foreclosure But It May Not Be the Best Choice for Many Homeowners Written by Craig D. [read post]
27 Mar 2011, 6:08 am
FHA GUIDELINES FHA and Fannie Mae continue to be out of sync with each other and unrealistic in their handling of condominiums. [read post]
31 Jan 2009, 6:54 am
• Fannie Mae announced that it would need an additional $16 billion in federal aid to stay afloat. [read post]
14 Aug 2011, 7:50 am
FHA, Fannie Mae, banks and insurance companies all red flag developments with excessive rentals and either raise rates or refuse to do business with them. [read post]
11 Oct 2010, 7:32 am
A top aide to the House Speaker profited by trading shares of Freddie Mac and Fannie Mae in a brokerage account with her husband two days before the government authorized emergency funding for the companies. [read post]
22 Aug 2011, 7:19 am
Examples include Carlos Slim and the Russian oligarchs who gained big economic advantages by receiving monopoly positions in industries like telecommunications when they were privatized, and the officials of Fannie Mae and Freddie Mac who became wealthy by using their political connections to acquire a dominant position in the US residential mortgage market. [read post]
28 Dec 2011, 9:29 am
It’s wrong to do because, as we saw with Fannie Mae (and more recently, with European sovereign debt), excess securitization leverage of hard debt with inadequate hard equity leads only to excessive risk-taking. [read post]
9 Apr 2021, 10:01 am
M&T Bank 20-908Issues: (1) Whether the Federal Housing Finance Authority’s structure violates separation of powers and, if so, whether its conservatorship of Fannie Mae and Freddie Mac must be set aside; and (2) whether quiet title actions by FHFA, asserting that a state law foreclosure failed to extinguish the agency’s property interests, are contract claims for purposes of 12 U.S.C. [read post]
1 Jul 2009, 5:51 am
The new regulations, coupled with Fannie Mae & Freddie Macs recent implementation of the Home Valuation Code of Conduct are going to take that "false illusion" of a fixed, certain, closing dates clear out of great many transactions.Buyers and Sellers who rely on a contract closing date when they arrange their moves-in and moves-out are likely going to be in for big, frustrating, costly surprises. [read post]
20 Apr 2010, 12:12 pm
Near the end, there’s a hang-up with a federal regulation, which provides that Fannie Mae will guarantee mortgages in new condo developments — like mine — only if 70 percent of the units are sold or under contract. [read post]
21 Mar 2020, 9:33 am
Federal regulators, through Fannie Mae and Freddie Mac, are ordering lenders to offer homeowners flexibility and the entire mortgage industry may soon follow suite. [read post]
24 Dec 2012, 9:30 pm
“FHFA Publishes Proposed PACE Rule”by Joel Mallord, RegBlog Staff (February 14) Homeowners may find it more difficult to obtain loans from their local governments for energy saving home improvements under a proposed rule issued by the federal agency responsible for managing government-sponsored lending institutions, such as Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. [read post]
17 Jan 2012, 12:00 am
Section 6(4)(B) of STRIP contains other exceptions permitting rulemaking actions related to IRS laws, military affairs, and the regulation of banks, credit unions, or Fannie Mae and Freddie Mac. [read post]
25 Sep 2017, 4:21 pm
Whether the reported loan amount exceeds the Fannie Mae and Freddie Mac conforming loan limit. [read post]
16 Sep 2008, 2:22 am
This asset wipeout comes on the heels of the Fannie Mae and Freddie Mac takeout, and at the same time as the precipitous decline in AIG’s shares. [read post]
2 May 2017, 10:10 am
Mortgage Loan Modifications During the month of January 2017, the federal government through Fannie Mae and Freddie Mac helped to thwart 14,558 foreclosures nationally. [read post]
22 Oct 2009, 11:02 am
This is like the mortgage business in a way.You fill out paper work, provide supporting documentation that indicates you are a good risk and can indeed pay back the loan, and you get your money.This is the way business was done before Congress, ACORN and Fannie Mae pushed the banks into making loans to people that did not qualify. [read post]
10 Oct 2008, 10:24 pm
Hillary Rodham Clinton (PDF 452 KB) Letter Urges the Department of Treasury to Aid Small Businesses, Universities, Students and Municipalities Already Feeling the Damaging Effects of the Credit Crisis Fact Sheet: Shared National Credits Program Reports Large Increase in Credit Volume and Significant Deterioration in Credit Quality (PDF 120 KB) Prepared by the Office of Thrift Supervision, Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System and Office of the… [read post]
24 Jul 2014, 5:42 am
Mortgage and Homeowner Insurance Policy Ramifications Most conventional single family and condominium Fannie Mae compliant mortgages contain a provision where the owner agrees that the mortgaged property will remain the borrower’s principal place of residence and not an investment property. [read post]
