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24 Apr 2020, 11:15 am
If the acquired properties are backed by institutions such as Fannie Mae, Freddie Mac, HUD, or the VA, the lender or servicer will convey those properties to these entities for eventual marketing and sale. [read post]
22 Apr 2020, 8:52 am
The action by the FHFA aligns the servicer advance requirements for mortgage loans in both Freddie Mac and Fannie Mae issued mortgaged-backed securities (MBS). [read post]
22 Apr 2020, 7:40 am
According to the Washington Post, large banks remember all too well how the DOJ sued numerous large banks for allegedly failing to strictly enforce standards for mortgage loans either insured by the Federal Housing Administration (FHA) or which were later bought by Fannie Mae or Freddie Mac. [read post]
20 Apr 2020, 9:48 am
In terms of underwriting, 4.9% of Fannie Mae or Freddie Mac borrowers are asking for forbearance. [read post]
16 Apr 2020, 2:05 pm
According to the CFPB’s press release, the CFPB will make complaint information and analytical tools available to the FHFA via a secure electronic interface and the FHFA will make available to the Bureau information about forbearances, modifications and other loss mitigation initiatives undertaken by Fannie Mae and Freddie Mac. [read post]
15 Apr 2020, 3:00 am
The Act also imposes a temporary eviction moratorium against renters in buildings which hold mortgages backed or owned by Fannie Mae, Freddie Mac, and other federal entities. [read post]
13 Apr 2020, 8:51 am
That could mean the loan is backed by a quasi-federal agency such as Fannie Mae or Freddy Mac, or the Federal Housing authority (FHA). [read post]
10 Apr 2020, 10:59 am
., HUD, Fannie Mae, and Freddie Mac-backed loans) with payment forbearance rights, and also impose certain tenant protections. [read post]
10 Apr 2020, 8:30 am
Fannie Mae and Freddie Mac handle most of the federal loans. [read post]
10 Apr 2020, 6:00 am
Department of Veterans Affairs (VA) Fannie Mae Freddie Mac If you do not know who holds or services your mortgage, the federal Consumer Financial Protection Bureau (CFPB) has instructions on how to find out. [read post]
8 Apr 2020, 11:19 am
Department of Housing and Urban Development (HUD) made a joint announcement to suspend all foreclosures and evictions for homeowners with mortgages backed by Freddie Mac and Fannie Mae for 60 days. [read post]
8 Apr 2020, 10:06 am
On March 23, the FHFA authorized Fannie Mae and Freddie Mac to enter into additional dollar roll transactions, to support additional liquidity to investors of agency mortgage-backed securities. [read post]
7 Apr 2020, 7:32 am
Mortgage forbearance – those impacted by coronavirus may ask their federally backed (Freddie Mac or Fannie Mae) lender if they can stop making payments for 6 months, which can be extended later to 12 months. [read post]
6 Apr 2020, 10:37 am
Further, the Federal Housing Finance Agency (“FHFA”) announced a similar policy on March 18. 2020, directing Fannie Mae and Freddie Mac to suspend mortgage and eviction proceedings for at least 60 days. [read post]
6 Apr 2020, 6:01 am
Most MBSs are issued by the government agency Ginnie Mae and the government-sponsored enterprises Fannie Mae and Freddie Mac. [read post]
6 Apr 2020, 6:01 am
Most MBSs are issued by the government agency Ginnie Mae and the government-sponsored enterprises Fannie Mae and Freddie Mac. [read post]
3 Apr 2020, 2:30 pm
Not sure if you have a Fannie Mae or Freddie Mac Loan? [read post]
3 Apr 2020, 1:37 pm
In the past week, Route One Apparel donated its entire stock of fanny packs to medical units across the state, including wotkers at the Pediatric Inpatient Unit and Pediatric Emergency Room at Shady Grove Medical Center in Rockville. [read post]
3 Apr 2020, 12:11 pm
., the “whereas” section), the Governor recited that the Federal Housing Administration implemented an immediate foreclosure and eviction moratorium for FHA-insured single-family mortgages for at least 60 days, and recited that the Federal Housing Finance Agency similarly directed Fannie Mae and Freddie Mac to suspend foreclosures and evictions for Enterprise-backed single-family mortgages for at least 60 days. [read post]
2 Apr 2020, 2:40 pm
Then, Fannie Mae, Freddie Mac, and the FHA were the exceptions. [read post]
