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26 May 2015, 11:14 am
Fannie Mae and Freddie Mac FAQs. [read post]
26 May 2015, 11:10 am
On May 15, the FHFA released an update on the structure of the Single Security, a project involving the development of a single mortgage-backed security that would be issued by Fannie Mae or Freddie Mac. [read post]
26 May 2015, 10:42 am
On May 16, 2015, Judge Denise Cote of the United States District Court for the Southern District of New York entered a judgment requiring Nomura and RBS to buy back, at a total cost of $806 million, seven RMBS certificates sold to Fannie Mae and Freddie Mac from 2005 to 2007. [read post]
21 May 2015, 11:05 am
Providing physical security to its citizens is undoubtedly the core function of the state. [read post]
18 May 2015, 7:47 am
On May 11, 2015, Judge Denise Cote of the United States District Court for the Southern District of New York found Nomura Holdings Inc. liable for inaccurately characterizing the mortgage loan collateral backing seven RMBS certificates it sold to Fannie Mae and Freddie Mac between 2005 and 2007. [read post]
12 May 2015, 8:23 am
The report provide updated information on possible ranges of future financial results for Fannie Mae and Freddie Mac under severely adverse economic conditions. [read post]
10 May 2015, 12:01 pm
If your mortgage is with Fannie Mae or another government-backed program, ask your servicer which program would be best for you. [read post]
30 Apr 2015, 9:24 am
USDOL/OALJ Reporter Decisions of the Administrative Review Board March 2015 Review summaries Abdur-Rahman v. [read post]
17 Apr 2015, 10:10 am
Fannie Mae, ARB No. 12-061 (Oct. 9, 2014) and Powers v. [read post]
14 Apr 2015, 8:09 am
Federal law forbids Fannie Mae and Freddie Mac from purchasing mortgages with a loan to value ratio of over 80% absent private mortgage insurance (PMI). [read post]
2 Apr 2015, 8:10 am
Some of the fraudulently-obtained mortgage loans were later resold in the secondary mortgage market to Freddie Mac and Fannie Mae. [read post]
1 Apr 2015, 10:59 am
Requirements on winning bidders’ servicers include: Servicer must be approved by and in good standing with Freddie Mac, Fannie Mae, Ginnie Mae, or FHA All servicers must agree to service in accordance with applicable law. [read post]
1 Apr 2015, 10:52 am
As a result of the conspiracy, lenders provided over $3.5 million for fraudulently obtained loans, which resulted in losses of almost $2.5 million to the lenders, the Federal Housing Administration which insured some of the loans, and the Federal National Mortgage Corporation (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”), who purchased some of the loans in the secondary mortgage market. [read post]
24 Mar 2015, 5:54 pm
Horton, For the Protection of Investors and the Public: Why Fannie Mae's Mortgage-Backed Securities Should Be Subject to the Disclosure Requirements of the... [read post]
24 Mar 2015, 10:12 am
Fannie Mae and Freddie Mac can become the property owners if they own the mortgage loan at the time a home is foreclosed. [read post]
23 Mar 2015, 8:07 am
The Progress Report describes activities Fannie Mae and Freddie Mac undertook in 2014 to further FHFA’s conservatorship goals: Maintain, Reduce, and Build. [read post]
20 Mar 2015, 12:34 pm
It was concerning since Freddie Mac, together with Fannie Mae, held or guaranteed nearly half of the country’s mortgages. [read post]
9 Mar 2015, 9:42 am
Our office, along with our law enforcement partners, will continue to combat the fraud that victimizes troubled families, and Fannie Mae and Freddie Mac,” Federal Housing Finance Agency-Office of Inspector General Special Agent in Charge Barry McLaughlin stated. [read post]
9 Mar 2015, 8:43 am
Among the talking points we expected, however, a few newsworthy points emerged: The Bureau plans to use its five-year review of the ability-to-repay (ATR) rule, mandated by section 1022(d) of the Dodd-Frank Act, to assess whether to extend, modify, or make permanent the temporary provisions that currently exempt loans backed by Fannie Mae and Freddie Mac from critical portions of the rule’s rigorous underwriting requirements. [read post]
6 Mar 2015, 4:06 pm
And while Fannie Mae has had green initiatives since 2010, they have previously been of limited scope. [read post]
