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16 Apr 2013, 12:11 pm by Larry Tolchinsky
And banks are feeling the pressure to go after these balances: last fall, for example, the Federal Housing Finance Agency (FHFA) formally notified Fannie Mae and Freddie Mac that a more aggressive stance on collecting deficiencies on home foreclosures was being required on their home loans. [read post]
16 Apr 2013, 8:56 am by Editorial Board
  FHFA sued UBS as conservator of Fannie Mae and Freddie Mac, alleging fraud and misrepresentation in connection with the sale of $6.4 billion in RMBS. [read post]
16 Apr 2013, 8:14 am by Editorial Board
On April 11, the FHFA announced that Fannie Mae and Freddie Mac will extend the Home Affordable Refinance Program (HARP) by two years until December 31, 2015. [read post]
15 Apr 2013, 10:13 am by Dana Janquitto
In the wake of the economic downturn, Fannie Mae and Freddie Mac have acquired vast portfolios of properties. [read post]
14 Apr 2013, 8:43 pm by Lanigan
“Most all home mortgages are insured by what we call a GSE a government-sponsored entity the names that would be most familiar to you are Fannie Mae and Freddie Mac and almost all home mortgages are insured by one or the other. [read post]
9 Apr 2013, 1:19 pm by Larry Tolchinsky
 However, since FHFA’s Fannie Mae and Freddie Mac are responsible for the majority of home mortgages in the United States today (FHFA sets their involvement at 65%) , it gives a pretty good indication of how loan modifications and mortgage refinancing is doing right now. [read post]
1 Apr 2013, 1:45 am by Kevin LaCroix
For example, her rulings undoubtedly will affect the Libor-related action that Freddie Mac filed on March 13, 2013 in the Eastern District of Virginia (about which refer here, second item). [read post]
28 Mar 2013, 9:30 pm by RegBlog
 Federal Housing Finance Agency (FHFA) announced Fannie Mae and Freddie Mac’s new Streamlined Modification Initiative to help delinquent borrowers avoid foreclosure.The FDA approved a one-of-a-kind botulism antitoxin.The EPA and the Department of Housing and Urban Development (HUD) announced plans to administer agency-wide furloughs as a result of the sequester.United States Department of Agriculture (USDA) announced its plan to expand its StrikeForce for… [read post]
28 Mar 2013, 10:09 am by by Jill Michaux
Washington, DC – The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac will offer a new, simplified loan modification initiative to minimize losses and to help troubled borrowers avoid foreclosure and stay in their homes. [read post]
28 Mar 2013, 10:09 am by Jill Michaux
Washington, DC – The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac will offer a new, simplified loan modification initiative to minimize losses and to help troubled borrowers avoid foreclosure and stay in their homes. [read post]
27 Mar 2013, 10:43 am by Katie Porter
Housing Wire is reporting that Federal Housing Finance Agency, the conservator of Fannie Mae and Freddie Mac, has launched a new loan modification program. [read post]
26 Mar 2013, 11:53 am by Larry Tolchinsky
  For mortgages connected with Fannie Mae and Freddie Mac, the federal government will work to stop lenders and insurance companies from exorbitant insurance premiums on force place policies by banning the fees and commissions on this kind of insurance. [read post]
22 Mar 2013, 9:26 am by Alan White
That is the finding of a report released yesterday by the Inspector General of FHFA, the agency that oversees our nationalized mortgage funders Fannie Mae and Freddie Mac. [read post]
19 Mar 2013, 10:16 am by Editorial Board
On March 8, the Federal Housing Finance Agency (FHFA), acting as conservator for the Federal Home Loan Mortgage Corporation (Freddie Mac) commenced litigation in the Supreme Court of the State of New York against Decision One Mortgage Company, LLC (Decision One), and HSBC Finance Corporation (HSBC) (as an alleged successor in interest). [read post]
11 Mar 2013, 10:54 am by Editorial Board
On March 4, the FHFA released the 2013 Conservatorship Scorecard for Fannie Mae and Freddie Mac. [read post]
7 Mar 2013, 10:00 pm by RegBlog
The acting director of the Federal Housing Finance Agency (FHFA) announced plans to form a new business organization, independent of Fannie Mae and Freddie Mac, as the foundation for a restructured mortgage market.The Transportation Security Administration (TSA) reported that it will relax some post-9/11 restrictions and allow small pocket knives and other previously prohibited items in carry-on luggage, drawing opposition from flight attendant and airline worker unions.Attorney… [read post]
7 Mar 2013, 10:13 am by Rich Vetstein
E-recording is legal and binding, and accepted by Fannie Mae, Freddie Mac and virtually every major lender. [read post]