Search for: "Freddie Mac"
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4 Apr 2016, 4:42 pm
Freddie Mac and Fannie Mae have requested that lenders update Form 1076 only on a periodic basis. [read post]
4 Apr 2016, 4:42 pm
Freddie Mac and Fannie Mae have requested that lenders update Form 1076 only on a periodic basis. [read post]
24 Mar 2016, 11:48 pm
” WHAT WE’RE READING THIS WEEK In a paper recently published by Moody’s Analytics’ economy.com, five authors, including Jim Parrott, former housing adviser to President Obama, Gene Sperling, former director of the National Economic Council for Presidents Obama and Clinton, and Lewis Ranieri, the “father” of the mortgage-backed security, proposed a plan to reform the mortgage finance government sponsored enterprises (GSE) Fannie Mae and Freddie… [read post]
4 Mar 2016, 6:32 am
Fannie Mae and Freddie Mac are federally chartered entities--they are federal corporations. [read post]
1 Mar 2016, 6:29 am
Economists are predicting that mortgage interest rates will remain at “historically low levels” this year, with Freddie Mac expecting a 30 year fixed rate mortgage to average lower than 4.5%. [read post]
29 Feb 2016, 4:21 pm
– Mintz Levin attorney Michael Arnold writing from New York on their Employment Matters Ninth Circuit Rejects Whistleblower Argument that Fannie Mae and Freddie Mac are Federal Instrumentalities under the False Claims Act – Bradley Arant Boult Cummings lawyers Brad Robertson and Jasmine K. [read post]
29 Feb 2016, 6:10 am
§§3729-3733, lawsuit brought by private citizen plaintiffs against various mortgage lenders and servicers for supposedly making false certifications regarding loans sold to Fannie Mae and Freddie Mac. [read post]
24 Feb 2016, 8:08 pm
Freddie Mac said that 30-year rates were at a low 3.65%. [read post]
5 Feb 2016, 10:01 am
On February 2, the Federal Housing Finance Agency (the “FHFA”) announced that Fannie Mae and Freddie Mac have implemented an independent dispute resolution process for resolving repurchase disputes. [read post]
1 Feb 2016, 11:44 am
“Isn’t it a fact that the Bank does have an injury from the property taxes and insurance that they advanced under the mortgage alone? [read post]
25 Jan 2016, 9:47 am
At the time of the sale, Freddie Mac had physical possession of the note. [read post]
24 Jan 2016, 10:57 am
The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, that issued a directive in February 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations. [read post]
14 Jan 2016, 11:44 am
The Verification Policy must: Be compliant with the requirements set forth in this Handbook; Identify what form of verification the servicer will require for various components of borrower’s income (which verification cannot be based solely on the borrower’s stated income); Reflect the business judgment employed by the servicer when modifying loans held in its own portfolio; Be consistent with investor guidelines, when applicable; and Chapter II: HAMP MHA Handbook… [read post]
4 Jan 2016, 6:15 am
Since Freddie Mac did not own the note and mortgage at the time it filed a foreclosure action against the Schwartzwalds, it lacked standing to bring the action. [read post]
2 Jan 2016, 11:00 am
He rationalizes leaving the White House for an investment bank, using political connections to amass “$18 million in just two-and-a-half years,” making six-figure fees from a board seat at Freddie Mac, and savaging anyone who dares question the priorities and self-righteousness and sanctimony of multimillionaires who “just want to make the world a better place. [read post]
2 Jan 2016, 7:58 am
The fund’s large exposure to bankruptcy troubled entities Fannie Mae and Freddie Mac has hurt the portfolio. [read post]
31 Dec 2015, 1:55 pm
So, it was with interest that I read a Wall Street Journal editorial decrying Fannie Mae and Freddie Mac's use of synthetic CDOs to transfer credit risk on mortgages to the private market through the STACR and Connecticut Avenue programs. [read post]
31 Dec 2015, 7:43 am
Mortgage buyer Freddie Mac said Thursday that the average rate on a 30-year fixed-rate mortgage rose to 4.01 percent from 3.96 ... [read post]
21 Dec 2015, 8:06 am
The proposed rule would also require Fannie Mae and Freddie Mac to address financing concerns in very low- to moderate-income families in those areas. [read post]
17 Dec 2015, 2:43 pm
And both HUD and the FHFA—the two key housing regulators whose principal leaders are speaking before and after me today—have announced that the FHA, Fannie Mae, and Freddie Mac will apply the same basic approach in dealing with mortgage loans that are made under the new rule. [read post]
