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28 Dec 2011, 9:29 am by admin
    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]
14 Apr 2012, 9:49 pm by BGrimm
  Per the “Fannie Mae Single Family / 2012 Selling Guide / Part B, Origination Through Closing / Subpart B7, Insurance / Chapter B7-4, Additional Project Insurance / B7-4-02, Fidelity Insurance (10/30/2009)”, Projects Requiring Fidelity Insurance are “condo or co-op projects consisting of more than 20 units … The homeowners’ association (or co-op corporation) must have blanket fidelity insurance coverage for anyone who either handles or is responsible for… [read post]
25 Feb 2025, 9:02 am by bklemm@foley.com
Additionally, Mark Calabria, who headed up the Fair Housing Finance Administration (the current Receiver for Fannie Mae and Freddie Mac) during the first Trump administration, is reportedly working with the OMB as a liaison to the CFPB and working on centralizing the Agencies under OMB, pursuant to a February 18 executive order (EO). [read post]
3 Oct 2008, 6:33 pm
" • The FBI announced it was investigating potential fraud at Fannie Mae, Freddie Mac, Lehman, and AIG. [read post]
5 Aug 2010, 10:10 am by Rich Vetstein
Related Posts:Federal Flood Insurance Program Lapse Has Closings Floating In LimboHome Buyer Tax Credit Extended To September 30 And Flood Insurance Program RestoredRecent Flooding Impacts Spring Sales Season And Raises Thorny Disclosure And Inspection IssuesThe Condominium HO-6 Insurance Policy: Fannie, Freddie & FHA RequiredFederal Aid And Tax Extension To May 11 Available To Massachusetts Homeowners Affected By Flooding Share and Enjoy: [read post]
14 Aug 2011, 7:50 am by admin
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]
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]
14 May 2010, 3:00 am by LindaMBeale
” (along the same lines, you might also enjoy reading Mark Thoma's "Proponents of a Failed Philosophy" in which he again shows that Fannie and Freddie and the CRA are not the source of the financial crisis, in spite of all the effort by GOP stalwarts to make them so.) [read post]
24 Apr 2022, 5:09 pm by Stuart Kaplow
Attorneys currently regularly do very similar climate change work not only for existing SEC required climate disclosures but giving opinions of counsel for other federal and state government instrumentalities, including possibly most often in the realm of green mortgage finance to HUD, Fannie Mae and Freddie Mac (.. accountants cannot provide those certifications). [read post]
20 Jul 2010, 5:10 am by Kim Krawiec
  But I join the chorus of those who believe that the bill largely fails to address the root causes of the financial crisis and the financial system weaknesses exposed by it; grants discretionary authority to regulators to perform acts already within their existing powers, such as identifying systemic risks (which they did not use before the last crisis, and are not likely to use before the next one); punts the bulk of meaningful issues to regulators; and fails to address at all items… [read post]
10 Aug 2007, 10:07 am
"They even have inflatable life jackets that look like a fanny pack," he said. [read post]
19 Feb 2012, 11:34 am
Perhaps Fannie and Freddy will lend you money again prior to the negative items disappearing from your credit report (7 years) but that will be the case whether the outcome was an actual foreclosure or a short-sale. [read post]
15 Jul 2008, 2:39 pm
Fair Funds have also been created in proceedings against Fannie Mae ($350 million), Tyco ($50 million), and from mutual fund companies and third party institutions that engaged in "market timing" of those funds' shares (over $1 billion). [read post]
24 Mar 2009, 10:40 am
Receivables must have been generated by Fannie Mae- or Freddie Mac-approved residential mortgage loan servicers on or after January 1, 2007. [read post]
7 Jun 2008, 8:57 pm
Another simple truth is that it is harder to get conventional financing for properties in common interest developments because the largest purchasers of residential loans in the country - namely FNMA and FHLMC (more commonly known as Fannie Mae and Freddie Mac - sounds like something right out of the Flintstones) have limits on purchasing loans in high percentage rental communities. [read post]
14 Dec 2011, 2:04 pm by Mandelman
 Forty percent of those have not made a payment on their mortgage in over two years… 70% haven’t made a payment in over a year, making them ineligible for a loan modification if their loan is owned by Fannie or Freddie. [read post]
1 Aug 2012, 1:38 pm by Rick E. Rayl
  One could presumably avoid the first problem by condemning only purchase money loans, but that would further restrict the pool of available underwater mortgages that fall within the scope of the plan (the proponent has already omitted all loans that are not performing and all government-backed mortgages held by Freddie Mac and Fannie Mae). [read post]
7 Jul 2011, 9:00 am by Ethan Elkind
But the court also declared that FHFA was acting as a conservator for the bankrupt Fannie Mae and Freddie Mac lending institutions and was therefore protected from judicial review. [read post]
5 Oct 2011, 11:00 pm by Craig Robins
      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]
29 Aug 2021, 3:41 pm by Richard Symmes
  If you have a Fannie Mae, Freddie Mace, HUD, FHA or VA loan these forbearances last for 6 months and then could be extended for an additional 6 months and potentially another 6 months after that if you received your initial forbearance February 28, 2021 or June 30, 2020 respectively per the Consumer Financial Protection Bureau. [read post]