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16 Dec 2014, 3:15 pm
Department of Housing and Urban Development – Office of Inspector General, and the Federal Housing Finance Agency – Office of Inspector General, which identified multiple Fannie Mae and Freddie Mac loans that went into foreclosure, with the investigation leading to today’s sentencing. [read post]
16 Dec 2014, 9:02 am
Consumer groups led by NCLC advocates have asked the regulator for Fannie Mae and Freddie Mac to update their credit scoring formulas. [read post]
15 Dec 2014, 6:39 am
Fannie Mae, Freddie Mac, the National Association of Realtors (“NAR”) and other groups believe the “3% Down Payment Mortgages” could provide a boost to first time home buyers with good credit, but little cash. [read post]
11 Dec 2014, 7:48 am
Mortgage company Freddie Mac says the nationwide average for a 30-year mortgage rose to 3.93 percent this week from 3.89 percent last week. [read post]
11 Dec 2014, 7:03 am
Hoping to broaden the pool of home buyers and boost the real estate market, Fannie Mae and Freddie Mac are launching mortgage programs with down payments as low as 3%. [read post]
25 Nov 2014, 2:54 pm
Sanchez admitted that she advised a seller to submit false and fraudulent short-sale applications to Tri Counties Bank and Freddie Mac. [read post]
21 Nov 2014, 12:10 pm
Bank of America acknowledged that it had misrepresented the quality of loans to Fannie Mae, Freddie Mac and the FHA. [read post]
21 Nov 2014, 11:53 am
FHFA, as conservator for Fannie Mae and Freddie Mac, alleges that Nomura made materially false statements in offering documents for RMBS between 2005 and 2007 in violation of Sections 11 and 12(a)(2) of the Securities Act of 1933. [read post]
20 Nov 2014, 5:29 am
The bulletin also discusses relevant HUD and VA standards for, respectively, FHA-insured and VA-guaranteed mortgage loans, and Fannie Mae and Freddie Mac guidelines for mortgage loans eligible for purchase. [read post]
13 Nov 2014, 4:37 pm
Chairman Hensarling reported a bill out of the Financial Services Committee, the Protecting American Taxpayers and Homeowners (PATH) Act that would end Fannie Mae and Freddie Mac and the federal government’s role in the securitization process. [read post]
11 Nov 2014, 12:13 pm
Additionally, Fannie Mae and Freddie Mac entered into governance and operating agreements for CSS. [read post]
5 Nov 2014, 9:20 am
Fannie Mae and Freddie Mac are not themselves mortgage lenders but are potential purchasers of loans from banks, credit unions, and other financial institutions. [read post]
4 Nov 2014, 9:10 pm
Fannie Mae and Freddie Mac are government-sponsored enterprises with a mission to provide liquidity, stability, and affordability to the U.S. housing market. [read post]
3 Nov 2014, 5:30 pm
Maatman, Jr. of Seyfarth Shaw on the firm’s EEOC Year-End Countdown Freddie Mac’s Index Shows Housing Market Improvement – Robert M. [read post]
2 Nov 2014, 6:00 am
., Fannie Mae, Freddie Mac, and Ginnie Mae) that are currently exempt from the rule’s requirements. [read post]
24 Oct 2014, 9:26 am
Fannie Mae and Freddie Mac claim that they must block buybacks under federal regulations forbidding principal reduction. [read post]
22 Oct 2014, 2:48 pm
"Post Foreclosure Hell" describes the latest gift to Americans from the banks, FANNIE MAE and FREDDIE MAC. [read post]
22 Oct 2014, 9:48 am
“Post Foreclosure Hell” describes the latest gift to Americans from the banks, FANNIE MAE and FREDDIE MAC. [read post]
20 Oct 2014, 1:51 pm
E-recording is legal and binding, and accepted by Fannie Mae, Freddie Mac and virtually every major lender. [read post]
14 Oct 2014, 7:39 am
Fannie Mae and Freddie Mac are government-sponsored enterprises with a mission to provide liquidity, stability, and affordability to the U.S. housing market. [read post]