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1 Aug 2011, 1:30 pm
The federal government and US taxpayers' substantial liability on Fannie Mae and Freddie Mac (all GSE) owned and insured loans would be reduced by this plan. [read post]
21 Nov 2009, 5:04 am
I have already seen situations where condominium trustees feel no obligation to comply with FHA (and Fannie Mae) guidelines in connection with a proposal sale of a unit, and it is not a good situation. [read post]
14 Jan 2016, 11:44 am by Christie D. Arkovich, P.A.
The Verification Policy must: Be compliant with the requirements set forth in this Handbook; Identify what form of verification the servicer will require for various components of borrower’s income (which verification cannot be based solely on the borrower’s stated income); Reflect the business judgment employed by the servicer when modifying loans held in its own portfolio; Be consistent with investor guidelines, when applicable; and Chapter II: HAMP MHA Handbook… [read post]
28 Jun 2010, 7:40 am by Kenneth Anderson
  And, of course, the fact that the government had the power to “resolve” Fannie Mae and Freddie Mac (which it did) has not prevented either precipitous action or a big bailout. [read post]
16 Dec 2010, 8:59 am by Buce
US legislation such as the CRA or Fannie & Freddie only covered US housing and lenders. [read post]
23 Nov 2008, 1:44 pm
First, I do not agree that investing 22 percent of a major fund in a single type of security -- specifically, residential mortgage-backed securities issued by Fannie Mae and Freddie Mac -- represents a prudent balance of risk and return. [read post]
15 Mar 2023, 2:15 pm by ngritacco
SVB Going Forward As of March 13, 2023, Silicon Valley Bridge Bank, N.A. is being managed by Tim Mayopoulos, the former CEO of Fannie Mae. [read post]
3 Jul 2011, 12:13 am by Tomassi Law Associates
EXPU is one of the top-ranked Mortgage Banking firms in the industry, specializing in providing financing services for all types of Real Estate related transactions, including but not limited to residential, commercial, refinances, FHA, Jumbo Loans, Fannie Mae, Hotels, lodging, Franchises, SBA Loans, and Reverse mortgages as well as ATM placements. [read post]
21 Sep 2008, 6:02 pm
Treasury, the Fannie/Freddie conservator and the Fed can offer mortgage servicers incentive payments, based on new metrics that look at success in getting mortgages to reperform. [read post]
12 Nov 2012, 9:30 pm by Aimee Martin
 The new agency would replace Fannie Mae and Freddie Mac, the two mortgage finance entities linked to the housing crisis. [read post]
  For more recent closed-end adjustable-rate notes that use a LIBOR-based index, Fannie Mae and Freddie Mac adopted fallback language that would require the noteholder to replace a LIBOR-based index with the SOFR-based index designated in the Fed’s proposal. [read post]
14 Dec 2011, 7:51 am by Steven M. Regan
 When those mortgages are guaranteed by Fannie and Freddie, the credit reserve requirement is cut by 80% resulting in a more than 60-1 leverage. [read post]
8 Jun 2008, 1:47 pm
Contact information for their firms can be found under “Accounting” in the Service Directory RESERVE FOR INSURANCE DEDUCTIBLE QUESTION: Because of the new Fannie Mae guidelines, our board wants to set up a fund for insurance deductibles. [read post]
14 Mar 2012, 8:43 am by William McGrath
Among the other market crisis cases brought by the SEC are proceedings against: • RBC Capital Markets LLC who was named in a September 2011 settled administrative proceeding brought by the SEC for misconduct relating to the sale of unsuitable investments (credit-linked notes that were tied to the performance of synthetic collateralized debt obligations or "CDOs") to five Wisconsin school districts; • Thomas Wu, the former CEO of United Commercial Bank, who was sued by the SEC for… [read post]
23 Mar 2008, 9:07 pm
She argued that she could not file a claim within the time limit because she was working with the Modesto police and FBI and did not want to jeopardize their investigation.A judge said her lawsuit may proceed; a July 15 trial is scheduled.An affidavit supporting an arrest warrant says Galvan was the subject of a sting because a gang task force received complaints about him.On Nov. 17, 2006, an undercover agent approached Galvan in the parking lot of Hanshaw Middle School in south Modesto, where he… [read post]
5 Nov 2010, 8:45 am by Leon Bayer
The Loan Modification Scam Prevention Network (LMSPN) was launched on April 26, 2010 and is led by Fannie Mae, Freddie Mac, , the Homeownership Preservation Foundation (1-888-995-HOPE), NeighborWorks America (LoanScamAlert.org) and the Lawyers’ Committee for Civil Rights Under Law (PreventLoanScams.org). [read post]
Participants in the meeting, for example, cited to studies by the Federal Reserve Board and Fannie Mae showing that African Americans and Hispanics tend to have lower credit scores than Caucasians. [read post]
20 Sep 2008, 8:15 pm
Check out this video where he blames the democrats for refusing to rein in Fannie and Freddie and says McCain was not playing politics in seeking to delay the first debate: http://atlasshrugs2000.typepad.com/atlas_shrugs/2008/09/bill-clinton-bl.html. [read post]