Search for: "Fannie Mae"
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5 Sep 2019, 11:52 am
The CFPB’s implementing regulations granted temporary Qualified Mortgage status to loans originated in accordance with Fannie Mae and Freddie Mac guidelines and that were eligible to be purchased or guaranteed by those government-sponsored enterprises, without regard to debt-to-income ratio or many other requirements. [read post]
28 Sep 2011, 8:18 am
”(Over the years, Anastasia Kelly has served as general counsel to such troubled companies as AIG, MCI/WorldCom, Sears Roebuck, and Fannie Mae. [read post]
21 Oct 2010, 7:04 am
The ten-year Treasury yield slumped to 2.95% on June 30, 2010, and rates on thirty-year mortgages fell to their lowest level since Fannie Mae began tracking them in 1971. [read post]
21 Feb 2019, 12:03 pm
The remaining unit owners do – either by way of increased assessments, special assessments or delayed maintenance and/or replacement of the common elements. (2) FHA, Fannie Mae and Freddie Mac will not underwrite loans in condominiums when 10% or more of the units are delinquent in the payment of assessments at any one time. [read post]
3 Jan 2006, 8:35 am
We've heard from at least one large mortgage wholesaler that such a notation likely will prevent you from qualifying for a "conforming" mortgage - one that may be sold to the secondary-market giants Fannie Mae and Freddie Mac. [read post]
21 Jul 2009, 3:49 am
The exam typically has the following breakdown with regards to how the questions are categorized: Prospecting for and Qualifying Customers: 9 questions, 4% of exam Evaluating Customer Needs and Objectives: 4 questions, 2% of exam Providing Customers with Investment Information and Making Suitable Recommendations: 123 questions, 48% of exam Handling Customer Accounts and Account Records: 27 questions, 11% of exam Understanding and Explaining the Securities Markets’… [read post]
30 Aug 2009, 10:55 am
The article argues that the government is most clearly a control shareholder for the largest TARP recipients in which it holds an interest, including Citigroup, AIG, GM, Fannie Mae, Freddie Mac, and with some significant measure of certainty the nine remaining banks from among the top nineteen banks to originally receive TARP funding. [read post]
28 Jun 2016, 8:47 am
They asked the Court to spell out when a federal court has the authority to decide a case against “Fannie Mae” — the Federal National Mortgage Association. [read post]
4 Sep 2009, 8:00 am
Banks bought $2.21 trillion of these securities which represents 16% of the industry's total assets of about $13.5 trillion. 1,400 banks purchased "private label" securities which are those not issued by Fannie Mae or Freddie Mac. [read post]
29 Jul 2009, 4:38 am
Henserling adds Fannie Mae and Freddie Mac to the list of financial institutions subject to the incentive-based pay provisions, as well as add their oversight regulator, the FHFA, as a financial regulator with rulemaking authority for such provisions. [read post]
9 Mar 2015, 9:42 am
Our office, along with our law enforcement partners, will continue to combat the fraud that victimizes troubled families, and Fannie Mae and Freddie Mac,” Federal Housing Finance Agency-Office of Inspector General Special Agent in Charge Barry McLaughlin stated. [read post]
15 Jan 2011, 9:38 am
I’ve blogged about this phenomenon several times and believe it was responsible for the recently deflated real estate bubble (especially since the investors who originated loads of bad mortgages knew there were congressionally created greater fools — Fannie Mae and Freddie Mac — standing ready to buy their bad investments!). [read post]
24 Jan 2012, 2:48 pm
As a result, two years ago the federal agencies that control the bulk of residential mortgages, such as Fannie Mae, barred real estate agents and mortgage brokers from choosing appraisers. [read post]
10 Dec 2011, 9:23 am
The poster children for this problem, Fannie Mae and Freddie Mac, have sucked more than $100 billion from taxpayers and continue to live on like immortal vampires feasting on America’s gross domestic product. [read post]
3 May 2010, 11:50 pm
Fannie Mae, because of it received financial support from the federal government, borrowed money from foreign investors at very low rates. [read post]
11 Sep 2010, 5:44 am
This wouldn’t count against his bonus, because Fannie Mae guidelines allow for modifications to be considered, but investors would see what was done as related to the modification, so everything had to be thoroughly documented. [read post]
24 May 2011, 2:33 am
And the AVERAGE credit score for a Fannie Mae loan for the last two years is 769… yes, that’s AVERAGE. [read post]
20 Jun 2011, 8:49 am
The smiling bear: Tao Wang We have seen the West’s pension funds, starving for yield, overvalue income-producing assets; and as for the local-government money machine, we know that business model is as flawed as Fannie Mae’s was. [read post]
12 Jul 2012, 9:50 am
We’ll hold our breaths until our equity recovers That sum is about two-thirds of what we’ve lost on Fannie Mae and Freddie Mac combined – and that’s only for southern California. [read post]
7 Dec 2011, 3:56 am
She has extensive experience in Federal, state and local government finance programs for the construction, refinancing and restructuring of multifamily rental housing, involving tax-exempt bond financing, low-income housing tax credit syndication, secondary mortgage market securitized transactions involving Ginnie Mae mortgage-backed securities, FHA multifamily mortgage insurance, Section 236 ”decoupling” transactions, HOPE VI funds, Section 8 subsidies,… [read post]
