Search for: "FANNIE MAE"
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6 Feb 2018, 1:07 pm
The transaction for the Class A, independent living, assisted living, and memory care community represents Fannie Mae’s first Green Rewards loan backed by a seniors housing property. [read post]
3 Feb 2018, 11:00 pm
Shirene Hernandez, a 45-year-old resident of Riverside County, was a real estate owned foreclosure specialist for the government-sponsored Fannie Mae in Irvine. [read post]
2 Feb 2018, 12:59 am
Fannie Mae was established in 1938 by amendments to the National Housing Act. [read post]
18 Jan 2018, 1:25 pm
finished 2017 as the largest Fannie Mae DUS lender by volume of multifamily loans originated. [read post]
17 Jan 2018, 2:08 pm
A Rockville woman filed a $20 million lawsuit against Fannie Mae in Washington D.C. court Wednesday, alleging a senior manager there who offered her a job then harassed her and pressured her into sex. [read post]
9 Jan 2018, 10:55 am
If you want a tale of a bank charged with falsifying loan-application documents by inflating borrower assets, incomes, and job titles, and “fraudulent mortgages” being sold to Fannie Mae, the federally backed mortgage company, see the documentary Abacus: Small Enough to Jail. [read post]
12 Dec 2017, 1:51 pm
Fannie Mae and FHA also require that associations and management companies maintain the above levels of fidelity insurance in order for owners and purchasers of condominium units to be eligible for Fannie Mae and FHA loans. [read post]
4 Dec 2017, 2:34 pm
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, 7:08 am
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
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
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]
8 Nov 2017, 2:45 pm
Hamer sued Neighborhood Services of Chicago and Fannie Mae’s Mortgage Help Center in federal court, alleging violations of the Age Discrimination Employment Act and Title VII of the Civil Rights Act of 1964. [read post]
3 Oct 2017, 7:18 am
Facts and legal background In 2012, Charmaine Hamer was terminated from her position as intake specialist for the Neighborhood Housing Services of Chicago and Fannie Mae’s Mortgage Help Center. [read post]
2 Oct 2017, 2:15 pm
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
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
35 appraiser organizations including the Appraisal Institute are asking Congress to prevent Freddie Mac and Fannie Mae from issuing appraisal waivers. [read post]
29 Sep 2017, 5:44 am
35 appraiser organizations including the Appraisal Institute are asking Congress to prevent Freddie Mac and Fannie Mae from issuing appraisal waivers. [read post]
25 Sep 2017, 4:21 pm
Whether the reported loan amount exceeds the Fannie Mae and Freddie Mac conforming loan limit. [read post]
22 Sep 2017, 8:12 am
The Final Rule removes the outdated 2004 Uniform Residential Loan Application (URLA) as a model form, and provides a new, one-page data collection model form that can be used to collect the revised HMDA demographic data until the 2016 URLA prepared by Freddie Mac and Fannie Mae is implemented. [read post]
6 Sep 2017, 7:21 am
Previously, we wrote about guidance from HUD, the Department of Veterans Affairs, Freddie Mac, and Fannie Mae, as well information from the banking agencies regarding Hurricane Harvey.bacon [read post]
