Search for: "Federal Mortgage Association (Fannie Mae)"
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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]
18 Mar 2009, 5:31 pm
The inspection form has received industry-wide adoption by funding sources, including Fannie Mae and Freddie Mac (although apparently not by the Federal Housing Administration). [read post]
13 Mar 2009, 6:10 am
§ 1407, Largely Unopposed by Class Action Plaintiffs, and Transfers Actions to Southern District of New York Nineteen (19) class actions – 15 in New York and one each in the District of Columbia, Florida, New Jersey and Pennsylvania – were filed against the Federal National Mortgage Association (“Fannie Mae”) and numerous other defendants alleging that “Fannie Mae was… [read post]
8 Mar 2009, 9:41 am
Fannie Mae and Freddie Mac have also released further information. [read post]
25 Feb 2009, 8:00 am
The OFHEO regulates Fannie Mae and Freddie Mac, government sponsored enterprises participating in the secondary mortgage market. [read post]
16 Feb 2009, 12:54 pm
Some polices require that you be at least three months behind on your mortgage -- Fannie Mae and Freddie Mac among them. [read post]
7 Jan 2009, 11:41 pm
An LEM, sponsored by Fannie Mae, is a mortgage that helps people become homeowners in location efficient communities such as TOD projects.Second, reducing household transportation expenditures can also promote housing affordability. [read post]
23 Dec 2008, 8:33 pm
Treasury Department which is only available to homeowners with mortgages owned or insured by Freddie Mac or Fannie Mae (which greatly resembles the HopeNow program), and lender-specific modification programs offered by such entities as IndyMac, Bank of America, Citibank, and Wells Fargo. [read post]
8 Dec 2008, 12:50 am
The latest of these new wave lawsuits to be filed involves the Federal Agricultural Mortgage Corporation, or "Farmer Mac" as it is more familiarly known. [read post]
21 Nov 2008, 2:44 pm
The FBI also is investigating Fannie Mae, Freddie Mac, AIG, Lehman Brothers and others involved in the subprime mortgage crisis. [read post]
21 Nov 2008, 12:52 pm
From Fannie Mae Press Release and USA Today: Mortgage giants Freddie Mac and Fannie Mae will suspend foreclosures and evictions for owners of occupied homes through the holidays — the latest effort to keep people in their houses. [read post]
6 Nov 2008, 5:00 pm
He later defaulted on his mortgage loan, and the shares were sold by the Federal National Mortgage Association ("Fannie Mae") to Michael and Christina Sassi. [read post]
10 Oct 2008, 10:24 pm
Hillary Rodham Clinton (PDF 452 KB) Letter Urges the Department of Treasury to Aid Small Businesses, Universities, Students and Municipalities Already Feeling the Damaging Effects of the Credit Crisis Fact Sheet: Shared National Credits Program Reports Large Increase in Credit Volume and Significant Deterioration in Credit Quality (PDF 120 KB) Prepared by the Office of Thrift Supervision, Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System… [read post]
10 Oct 2008, 3:18 am
Fannie Mae Preferred Stock, Series T: The first of these recent lawsuits was filed on September 17, 2008 in the Southern District of New York on behalf of purchasers of Federal National Mortgage Association’s ("Fannie Mae") May 13, 2008 offering of 8.25% Non-Cumulative Preferred Stock, Series T. [read post]
3 Oct 2008, 6:33 pm
" • The FBI announced it was investigating potential fraud at Fannie Mae, Freddie Mac, Lehman, and AIG. [read post]
30 Sep 2008, 3:05 pm
In 1999, to continue the effort to extend the possibility of home ownership for low and moderate income earners, the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac") loosened their loan requirements, which gave birth to more adjustable rate mortgages, no documentation loans, lower down payments, etc. [read post]
25 Sep 2008, 9:56 pm
Bush said about Fannie Mae and Freddie Mac: Freddie Mae -- Fannie Mae and Freddie Mac -- I see the heads who are here; I want to thank you all for coming -- (laughter) -- have committed to provide more money for lenders. [read post]
25 Sep 2008, 2:33 pm
The obvious solution is to restore, at least temporarily and possibly permanently, the business of low-end mortgage finance, refinance, financial counseling, and mortgage securitization to those still existing agencies which made low-end mortgages possible in the first place, then handled the bulk of them for decades: I refer to the Federal Housing Administration (FHA), working in tandem with its originally government-sponsored and recently re-nationalized… [read post]
17 Sep 2008, 7:45 am
The BBC reports that "the AIG plan calls for the government to seize up to 80% of the company and remove its management, in a similar fashion to the way it took control of mortgage giants Fannie Mae and Freddie Mac which were crippled by the US housing crisis. [read post]
16 Sep 2008, 11:00 am
FACT: The federal government put Fannie Mae and Freddie Mac into conservatorship on September 8. [read post]
