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26 Jun 2018, 7:03 am by John Jascob
The petitioners were defendants in an action by the Federal Housing Finance Agency (FHFA) as conservator to recover losses by Fannie Mae and Freddie Mac from their purchase of residential mortgage-backed securities (RMBS) that went bad during the 2007-8 financial crisis. [read post]
20 Jun 2018, 9:33 am by Daily Record Staff
 announced Wednesday it has been approved as a seller/servicer under Freddie Mac’s Affordable Single-Family Rental pilot program, which is intended to offer additional financing options for workforce and affordable rental housing in 1-4 unit buildings. [read post]
18 Jun 2018, 2:02 pm by Amy Chan
  On June 12, 2018, the Federal Housing Finance Agency (“FHFA“) issued a proposed regulation on capital requirements for Fannie Mae and Freddie Mac (the Enterprises). [read post]
4 Jun 2018, 2:04 pm by Caitlin Hannibal
  On May 22, 2018, the Federal Housing Finance Agency (“FHFA“) issued a report through first quarter of 2018 in order to provide transparency and insight to market participants about how it monitors prepayment rates of Fannie Mae and Freddie Mac. [read post]
17 May 2018, 12:45 pm by ccollins
  The bank settled for $5.5B with US Federal Housing Finance Agency last year to resolve allegations that it bundled and sold more than $30B of risky loans to government-sponsored enterprises Freddie Mac and Fannie Mae. [read post]
13 Apr 2018, 4:21 am by Alan White
The White House granted him an ethics rules waiver so that he will be able to participate in housing finance reform, in other words the redesign of mortgage funders Fannie Mae and Freddie Mac. [read post]
19 Mar 2018, 10:34 am by Philip R. Stein
 We can reasonably expect that those existing cases, which relate to Lehman’s 2014 settlements of claims against it by Fannie Mae and Freddie Mac, will become more active once again with that trial now completed. [read post]
20 Feb 2018, 10:25 am
"U.S. top court rejects investor appeals over Fannie Mae, Freddie Mac": Lawrence Hurley of Reuters has this report. [read post]
2 Feb 2018, 12:59 am by Ryan Mulvey
Freddie Mac was established in 1970 by the Emergency Homes Finance Act of 1970.Read more here. [read post]
28 Dec 2017, 8:29 am by Associated Press
Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year fixed-rate mortgages rose to 3.99 percent, up from 3.94 percent last week. [read post]
4 Dec 2017, 2:34 pm by William Cavanagh
  On November 28, 2017, the Federal Housing Finance Agency (“FHFA“) announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018. [read post]
1 Dec 2017, 1:54 pm by Daily Record Staff
The execution utilized Freddie Mac’s Green Up financing program, which ... [read post]
1 Dec 2017, 7:08 am by Heather S. Klein
Official approval of URLA under Regulation B The Federal Housing Finance Agency recently directed Fannie Mae and Freddie Mac to add a question about mortgage applicants’ language preference to the URLA. [read post]
27 Nov 2017, 2:31 pm by Michael Sugarman
  On November 22, 2017, the Federal Housing Finance Agency (“FHFA“) issued a status report on credit risk transfer transactions done in conjunction with Fannie Mae and Freddie Mac. [read post]
21 Nov 2017, 7:12 am by Eric Tsai
Court of Appeals for the Seventh Circuit recently held that federal laws exempting federal entities from state and local taxation do not apply when the transfer tax is charged to a private buyer who purchases real estate from Fannie Mae, Freddie Mac, or the Federal Housing Finance Agency (FHFA). [read post]
2 Oct 2017, 2:15 pm by Michael Sugarman
  On September 27, 2017, the Federal Housing Finance Agency requested comment on its proposed strategic plan, which “…reflects the Agency’s priorities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac[.] [read post]
2 Oct 2017, 6:50 am by Eugene Volokh
After the housing market collapse, the feds brought 16 enforcement actions (in the Southern District of New York) against financial institutions that sold certain mortgage-backed securities to Freddie Mac and Fannie Mae and allegedly overstated their quality; 15 defendants settle, paying a total of $20 billion. [read post]
29 Sep 2017, 5:44 am by David Snyder
35 appraiser organizations including the Appraisal Institute are asking Congress to prevent Freddie Mac and Fannie Mae from issuing appraisal waivers. [read post]