Search for: "FANNIE MAE"
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12 Mar 2019, 3:54 pm
The “patch” is an exemption created by the CFPB’s QM rule from its 43 percent debt to income ratio cap for mortgages eligible for purchase by Fannie Mae or Freddie Mac. [read post]
27 Feb 2019, 7:40 am
(Freddie Mac) and Federal National Mortgage Association (Fannie Mae) unsecured bonds. [read post]
25 Feb 2019, 5:43 am
In particular, the report notes that a $1 billion loan was obtained from Fannie Mae to purchase Yes! [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]
4 Feb 2019, 1:34 pm
In July 2016 the CFPB had proposed to amend the TRID rule to indicate that the industry could not rely on various sample forms included in Appendix H to Regulation Z, but did not adopt the proposal based on significant opposition from the industry, as well as Fannie Mae and Freddie Mac. [read post]
16 Jan 2019, 8:15 am
And based on the familiarity of the industry with Fannie Mae and Freddie Mac underwriting requirements, and the relative inflexibility of the standard QM based on the strict 43% DTI ratio limit and Appendix Q, the temporary GSE QM is favored by the industry. [read post]
13 Jan 2019, 6:00 am
Now that you know where to look, know that Fannie Mae and FreddieMac are both ready for the spring market with conventional 95-97% loan products branded as Home Ready and Home Possible, respectively. [read post]
10 Jan 2019, 1:09 pm
By using DU, lenders can determine whether a loan meets Fannie Mae’s requirements for purchasing. [read post]
9 Jan 2019, 10:32 am
Fannie Mae, Freddie Mac Loans — Mixed Bag on Impact/Delays In general, the shutdown doesn’t impact loan processing at these agencies because they’re not funded by the government. [read post]
8 Jan 2019, 8:47 am
Whether the reported loan amount exceeds the Fannie Mae and Freddie Mac conforming loan limit. [read post]
7 Jan 2019, 9:51 am
Federal government corporations in particular — such as Amtrak and the Federal National Mortgage Association (Fannie Mae) — are largely commercial in nature, often self-financing, and assumed to be amenable to lawsuits in much the same way that a private enterprise would be. [read post]
4 Jan 2019, 11:40 am
§ 4617(j)(3) is void in its entirety, such that an unknowing purchaser can seek to unwind the deal, or whether the statute only prevents extinguishment of Fannie Mae and Freddie Mac’s liens. [read post]
13 Dec 2018, 11:22 am
Seterus, Inc. is a large, nationwide mortgage servicing company for Fannie Mae mortgages.. [read post]
13 Dec 2018, 8:21 am
As an eventful 2018 comes to a close, we look ahead to 2019 and our “Top 10 List” of key issues U.S. financial institutions, non-banks providing financial services, and financial technology (fintech) entities should plan for and watch throughout the upcoming year. [read post]
6 Dec 2018, 3:24 pm
According to court documents, Dustin, a licensed real estate broker, owned Home Choice Real Estate (HCRE), a company that contracted with Fannie Mae to manage and perform […] The post Woman Sentenced For Fannie Mae Fraud appeared first on Mortgage Fraud Blog. [read post]
4 Dec 2018, 11:15 am
” Using terms compiled from other entities, including the Federal Housing Finance Agency, Department of Housing and Urban Development, Internal Revenue Service, Department of Justice, Federal Deposit Insurance Corporation, Federal Trade Commission, Social Security Administration, Freddie Mac, Fannie Mae, General Services Administration, and National Association of Hispanic Real Estate Professionals, the updated Glossary now contains over 1,500 consumer financial terms… [read post]
28 Nov 2018, 12:03 pm
That authoritative copy, introduced into evidence by the bank as Fannie Mae’s designated custodian, identified Fannie Mae as the entity to which the transferable record was most recently transferred. [read post]
19 Nov 2018, 4:11 pm
On November 6, the Federal Housing Finance Agency (“FHFA“) announced that the 2019 multifamily lending caps for Fannie Mae and Freddie Mac will be the same as the 2018 caps, $35 billion each. [read post]
16 Nov 2018, 1:00 pm
Nope, the "Third Amendment" in this case refers to the agreement forcing Fannie Mae and Freddie Mac to give all of their profits to the feds in exchange for keeping them solvent during the 2008 financial crisis. [read post]
16 Nov 2018, 1:00 pm
Nope, the "Third Amendment" in this case refers to the agreement forcing Fannie Mae and Freddie Mac to give all of their profits to the feds in exchange for keeping them solvent during the 2008 financial crisis. [read post]
