Search for: "Federal Mortgage Association (Fannie Mae)"
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23 Jan 2010, 3:48 pm
Lenders and underwriters are changing the way they review and approve those associations that can get federal mortgages.The panelists for today’s town hall meeting on mortgage financing eligibility include DeLynn Conley, Senior Risk Manager, Project Standards, Fannie Mae; Loura K. [read post]
21 Jan 2010, 7:05 pm
It was on that day the U.S. government made the unprecedented move to place both Freddie Mac and Fannie Mae under the conservatorship of the Federal Housing Finance Agency (FHFA). [read post]
31 Dec 2009, 6:21 pm
Well, we can summarize four type of owners of mortgage notes: -the originator (the rarest of cases), -a securitized trust (known as a REMIC), -Fannie Mae (Federal National Mortgage Association) -or Freddie Mac (Federal Home Loan Mortgage Corporation). [read post]
24 Dec 2009, 6:31 am
The chapter also considers the receiverships of AIG and government-sponsored enterprises (principally Fannie Mae and Freddie Mac), the engineering-assisted transactions (including JP Morgan’s acquisition of Bear Stearns and Bank of America’s purchase of Merrill Lynch), as well as other measures adopted to stabilize troubled financial institutions. [read post]
12 Dec 2009, 11:21 am
Case in point: Fannie Mae, Freddie Mac and Citigroup. [read post]
30 Nov 2009, 9:41 am
 After all, Fannie Mae and Freddie Mae stood as the nation’s mortgage giants. [read post]
21 Nov 2009, 5:04 am
I have already seen situations where condominium trustees feel no obligation to comply with FHA (and Fannie Mae) guidelines in connection with a proposal sale of a unit, and it is not a good situation. [read post]
18 Nov 2009, 1:41 pm
Certain taxpayers are ineligible to elect an extended carryback period including (1) any taxpayer in which the federal government has acquired an equity interest or any warrant or right to acquire an equity interest in the taxpayer under the Emergency Economic Stabilization Act of 2008 (the “EESA”); (2) a taxpayer that receives funds from the federal government after the enactment date of the Act in exchange for an equity interest or a right to acquire such equity… [read post]
31 Oct 2009, 5:29 am
 I’ll get back to the point of the story… So now, ex-Fannie Mae Chief Credit Officer Edward Pinto has come out attacking Treasury’s claim that 500,000 homeowners have entered the HAMP loan modification program. [read post]
22 Oct 2009, 11:02 am
This is like the mortgage business in a way.You fill out paper work, provide supporting documentation that indicates you are a good risk and can indeed pay back the loan, and you get your money.This is the way business was done before Congress, ACORN and Fannie Mae pushed the banks into making loans to people that did not qualify. [read post]
22 Sep 2009, 6:23 am
6) How did Fannie Mae and Freddie Mac’s engagement in the mortgage-backed securities market and the treatment of their debt as government-guaranteed contribute to the crisis? [read post]
4 Sep 2009, 3:08 pm
Kanjorski (D-PA), Senator Bond (R-MO), Senator Shelby (R-AL), Senator Reed (D-RI).Senator Dodd, the top recipient of Fannie Mae and Freddie Mac campaign contributions, is Chairman of the Senate Banking Committee responsible for regulating the mortgage industry. [read post]
7 Aug 2009, 1:40 pm
A borrower can still qualify for a Freddie Mac, Fannie Mae, VA, or USDA loan but if Freddie and Fannie are the borrower's only option to get condo financing they should prepare themselves to pay significantly higher fees for the same loan that FHA would have provided to them had the Condo been FHA approved. [read post]
5 Jul 2009, 8:40 am
• Fannie Mae has reported a large increase in the number of mortgages that are past due. [read post]
8 May 2009, 10:12 am
See entire order below.Ex Parte Federal National Mortgage Association, Petitioner.In Re Federal National Mortgage Association (“Fannie Mae”) Loans Subject to Foreclosure Sale.ORDERPetitioner asks this Court to issue an ex parte temporary injunction1 or restraining order “enjoining all judicial officials in South Carolina conducting foreclosure sales on May 4, 2009 (or the next judicial sales dated) from… [read post]
6 May 2009, 6:51 pm
Fannie Mae had originally requested the suspension only for its own mortgages, but Chief Justice Jean Toel expanded it to include loans guaranteed by Freddie Mac, as well as any other lender participating in Making Home Affordable. [read post]
1 May 2009, 9:42 am
Mortgage giant Fannie Mae and the Federal Housing Administration (FHA) are major sources of money for individuals seeking to purchase or refinance condominium units. [read post]
7 Apr 2009, 5:23 am
Fannie Mae's and Freddie Mac's failed experiment to improve home ownership for "low and middle income families" should be a wake-up call to those who believe more government involvement in American healthcare will help "low and middle income families". [read post]
5 Apr 2009, 1:26 pm
In September 2008, the government takeover of mortgage giants Fannie Mae and Freddie Mac was followed by the collapse of Lehman Brothers, the acquisition of Merrill Lynch by Bank of America and an $85 billion (and now $170 billion) government investment in American International Group. [read post]
24 Mar 2009, 1:02 am
Fannie Mae Takeover Confuses a Class Action
Legal Times
Lawyers behind a class action against mortgage giant Fannie Mae are about to find out what happens when the company you've sued becomes a government ward. [read post]
