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1 May 2020, 9:18 am
Mortgages Federal mortgage lending companies Freddie Mac and Fannie Mae offer payment forbearance for up to 12 months. [read post]
29 Apr 2020, 12:03 pm
If your mortgage is backed by the federal government—this includes FHA, VA, USDA, Fannie Mae and Freddie Mac loans—provisions of the recently enacted CARES Act allow you to temporarily suspend payments if you are experiencing financial difficulty due to the impact of the coronavirus on your finances. [read post]
29 Apr 2020, 11:29 am
The Freddy Krueger of consumer bankruptcy law is coming around to scare us again. [read post]
28 Apr 2020, 9:00 pm
The FHFA clarification will only apply to mortgages that are owned by Fannie-Mae or Freddie-Mac. [read post]
27 Apr 2020, 12:59 pm
According to the CFPB, nearly half of all U.S. home mortgages are owned or backed by Fannie Mae or Freddie Mac. [read post]
24 Apr 2020, 11:15 am
If the acquired properties are backed by institutions such as Fannie Mae, Freddie Mac, HUD, or the VA, the lender or servicer will convey those properties to these entities for eventual marketing and sale. [read post]
22 Apr 2020, 2:13 pm
For example, the Baltimore Police used face recognition and social media to identify and arrest people in the protests following Freddie Gray’s death. [read post]
22 Apr 2020, 8:52 am
The action by the FHFA aligns the servicer advance requirements for mortgage loans in both Freddie Mac and Fannie Mae issued mortgaged-backed securities (MBS). [read post]
22 Apr 2020, 7:40 am
According to the Washington Post, large banks remember all too well how the DOJ sued numerous large banks for allegedly failing to strictly enforce standards for mortgage loans either insured by the Federal Housing Administration (FHA) or which were later bought by Fannie Mae or Freddie Mac. [read post]
21 Apr 2020, 11:25 am
Conclusión de Freddy Mercury: The Show must go on Y para dejar buen sabor, como soy hijo de mi época y un optimista, os invito a escuchar Fantasy, del mítico grupo Earth, Wind & Fire, una delicia escucharlo para hacernos sentir mejor… Great scientific truths about the Alarm State Mandela hypothesis famous people who valued the health crisis [read post]
20 Apr 2020, 9:48 am
In terms of underwriting, 4.9% of Fannie Mae or Freddie Mac borrowers are asking for forbearance. [read post]
20 Apr 2020, 6:05 am
The Baltimore public housing project that was home to Freddie Gray, whose death in police custody sparked violent protest, is being torn down. [read post]
16 Apr 2020, 2:05 pm
According to the CFPB’s press release, the CFPB will make complaint information and analytical tools available to the FHFA via a secure electronic interface and the FHFA will make available to the Bureau information about forbearances, modifications and other loss mitigation initiatives undertaken by Fannie Mae and Freddie Mac. [read post]
15 Apr 2020, 3:00 am
The Act also imposes a temporary eviction moratorium against renters in buildings which hold mortgages backed or owned by Fannie Mae, Freddie Mac, and other federal entities. [read post]
13 Apr 2020, 8:51 am
That could mean the loan is backed by a quasi-federal agency such as Fannie Mae or Freddy Mac, or the Federal Housing authority (FHA). [read post]
10 Apr 2020, 10:59 am
., HUD, Fannie Mae, and Freddie Mac-backed loans) with payment forbearance rights, and also impose certain tenant protections. [read post]
10 Apr 2020, 8:30 am
Fannie Mae and Freddie Mac handle most of the federal loans. [read post]
10 Apr 2020, 6:00 am
Department of Veterans Affairs (VA) Fannie Mae Freddie Mac If you do not know who holds or services your mortgage, the federal Consumer Financial Protection Bureau (CFPB) has instructions on how to find out. [read post]
8 Apr 2020, 11:19 am
Department of Housing and Urban Development (HUD) made a joint announcement to suspend all foreclosures and evictions for homeowners with mortgages backed by Freddie Mac and Fannie Mae for 60 days. [read post]
8 Apr 2020, 10:06 am
On March 23, the FHFA authorized Fannie Mae and Freddie Mac to enter into additional dollar roll transactions, to support additional liquidity to investors of agency mortgage-backed securities. [read post]
