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6 Jul 2020, 2:47 pm
The CFPB recently proposed a temporary extension of the qualified mortgage (QM) criteria that is based on a loan being eligible for sale to Fannie Mae or Freddie Mac (often referred to as the “GSE Patch”). [read post]
19 Apr 2010, 7:20 am
., the role of Fannie and Freddie in creating the housing bubble at the heart of the financial crisis, the role of the tax deduction for employer-provided health insurance in eviscerating the price competition that would constrain health care costs). [read post]
23 Apr 2012, 8:20 am
He said the CFPB is mindful of all the new Freddie Mae and Fannie Mac requirements and they intend to coordinate their efforts with these organizations. [read post]
4 Oct 2011, 8:22 am
Hamsher was accused of making false statements in connection with the sale of the Federal National Mortgage Association or andquot;Fannie Maeandquot; (andquot;FNMAandquot;) and the Federal Home Loan Mortgage corporation or andquot;Freddie Macandquot; (andquot;FMCCandquot;), and falsely represented that these preferred securities were andquot;bonds,andquot; and that upon maturity, the customers would recover their initial investment. [read post]
13 Nov 2020, 4:51 am
Other ill-considered claims which ended in a similar way include Starr v Ward [2015] EWHC 1987 (QB), in which the late comedian Freddie Star sued the defendant of accusing him of historic sexual abuse by Karen Ward. [read post]
19 Sep 2010, 3:20 pm
And Dodd’s the Chair of the Senate Banking Committee, a staunch defender of Fannie and Freddie in the years leading up to their spectacular failures. [read post]
25 Jul 2017, 10:30 am
Many months later, the Bank got a notice from Fannie Mae (or Freddie Mac) instructing the Bank to reject the modification. [read post]
2 Mar 2009, 6:58 pm
One specific case was the government bailout of financial giants "Fannie Mae" and "Freddy Mac. [read post]
18 Apr 2012, 9:15 am
In fact, the only securitizations of mortgage debt we have today are government guaranteed via Fannie, Freddie, FHA, VA, et al. [read post]
11 Aug 2020, 6:00 am
The reduction in investor participation by Fannie and Freddie caused significant funding gaps in many LIHTC projects nationwide.[30] To ameliorate the downturn in investment, Congress enacted two programs as part of the 2009 American Recovery and Reinvestment Act (ARRA). [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]
5 Jan 2011, 4:35 pm
Government through Fannie, Freddie or FHA… there are no securitizations to speak of… and the average credit score for a Fannie Mae loan is 763 for the last two years. [read post]
15 May 2012, 6:18 am
It’s kind of funny if you think about it… we’re actually creating foreclosures over at FHA even faster than we can foreclose down the street at Fannie and Freddie. [read post]
27 Jul 2023, 6:05 am
Judge Freddy Orellana granted the request, despite a legal prohibition on de-certifying a political party during an election. [read post]
13 Jun 2010, 6:27 pm
” It’s not a real estate market when the government is giving away $8,000 or $6,500 to buy a house, and then buying ALL of the mortgage backed securities, and telling Fannie, Freddie and FHA to write anyone breathing with essentially no money down, but make sure they have a paycheck stub. [read post]
11 Aug 2008, 5:51 pm
For publication opinions today (4): In Misty D. [read post]
9 Sep 2011, 2:12 pm
We don't support the idea of creating a Fannie and Freddie for roads and bridges in an infrastructure bank. [read post]
5 May 2010, 8:59 am
Lenders financed these transactions because they knew they could sell their mortgages to federally-backed greater fools, Fannie Mae and Freddie Mac. [read post]
11 Nov 2008, 1:00 am
The federal government has had to nationalize financial giants Fannie Mae and Freddie Mac, which owned a combined $5.4 trillion in mortgage-backed securities. [30] In addition, the Emergency Economic Stabilization Act of 2008, better known as the $700 billion bailout bill, will more than likely exceed the $1 trillion dollar mark when the economic clean-up is all is said and done. [31] VI. [read post]
1 Dec 2011, 8:14 am
Example: John Negligent nominates in his will that Freddy Freebird to be the executor of his will. [read post]
