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13 Feb 2008, 10:15 pm
Even if the loan originators want to be aggressive about property values, the underwritering standards may well restrain appraisers from granting those wishes.Still and all, as long as appraisers are beholden to the loan officers who "feed" them business, there is going to be the potential for undue influence on the otherwise independent appraisers and less than honest reporting of their valuations of homes and condos.UPATE: April 14, 2008: On March 3, 2008, Fannie May, Freddie… [read post]
29 Oct 2009, 5:06 am
The “Ohio, Single-Family, Fannie Mae/Freddie Mac” uniform mortgage deed form (hereinafter the “Form”) imposes such an obligation on the lender prior to acceleration of the debt and foreclosure of the mortgage. [read post]
17 Jan 2011, 7:51 pm
., no Freddie, Fannie, or "private label" mortgage backed securities). [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]
14 Oct 2009, 11:19 am
Fannie and Freddie are not technically TARP bailout owing to their pre-bailout conservatorship (in much the same way that Marcia, Jan, and Cindy are not technically Brady) but in light of their starring roles in the financial crisis, let’s throw them in anyway as former Fortune 500 companies that are presently 100% government owned. [read post]
19 Jun 2011, 7:29 am
Hence, the requirement by Fannie Mae that the association’s policy be primary. [read post]
9 Aug 2012, 3:00 am
I’m no expert on French law, but according to an article by David Stewart and Anna Conley that I’ve cited before, signification refers to service that must be made by personal delivery by a judicial officer or huissier, while notification refers to service that can be made by mail or even fax. 1 Letters Blogatory’s French correspondent, Fanny Cornette, points out that under the French Code de procédure Civile, there are times after the commencement of an action… [read post]
13 Sep 2010, 2:30 am
Fannie Mae, Sallie Mae and Freddie Mac, Enron, the underfunding of pensions, the pilfering of social security, pollution of our waterways are just a few on the list of violations against the public’s trust. [read post]
10 Nov 2011, 6:41 am
“It’s been a long time comin’,” Ronice Dunn, 58, said as the rotting home two doors down from her on Agnes Court — and donated by Fannie Mae — finally surrendered to the heavy machinery. [read post]
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]
7 Jun 2012, 6:14 am
Of course as a result it has also become a way for the Feds to provide relief to those homeowners with loans not owned by Fannie or Freddie. [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]
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]
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]
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]
30 May 2008, 12:28 pm
The extension law is formally named the ”Fannie Lou Hamer, Rosa Parks, and Coretta Scott King Voing Rights Act Reauthorization and Amendments Act of 2006. [read post]
10 Oct 2008, 12:52 pm
However, the roster of high-profile firms Cohen has represented just in the past few weeks is stunning, including AIG, Barclays, Fannie Mae, Goldman Sachs, Lehman Brothers, JP Morgan Chase, and Wachovia. [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]
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]
25 Dec 2008, 2:14 am
The people with whom the Chamber and the Institute do battle are not the people who invented or allowed the great pyramid schemes which brought down Freddie Mac and Fannie Mae. [read post]
