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25 Feb 2013, 5:54 pm by Joshua Jacoby
On March 1, 2013, Fannie Mae and Freddie Mac will begin to allow some homeowners who need to move but are stuck in their “underwater homes” to give up their houses and cancel their debt. [read post]
25 Feb 2013, 5:54 pm by Joshua Jacoby
On March 1, 2013, Fannie Mae and Freddie Mac will begin to allow some homeowners who need to move but are stuck in their “underwater homes” to give up their houses and cancel their debt. [read post]
18 Feb 2013, 9:46 am by LindaMBeale
Right-Wing MYTH 11:  It was the quasi-governmental Fannie Mae and Freddie Mac that precipitated the mortgage loan crisis. [read post]
4 Feb 2013, 8:44 pm by Ray Garcia
The Federal Housing Finance Agency, under the supervision of mortgage giants Fannie Mae and Freddie Mac, introduced a pilot program at the beginning of this year aimed at helping the foreclosed homes, but it appears to lack efficacy. [read post]
31 Jan 2013, 9:32 am by Larry Tolchinsky
On Tuesday, we discussed the details of the new Fannie Mae and Freddie Mac offering that becomes effective on March 1, 2013: both Fannie Mae and Freddie Mac will begin taking Deeds in Lieu of Foreclosure for mortgages guaranteed by their programs that are underwater mortgages and where the home owners are current on their mortgage payments. [read post]
29 Jan 2013, 9:39 am by Larry Tolchinsky
To determine if your mortgage is connected to Fannie Mae or Freddie Mac, check online here: go here to learn if your mortgage is backed by Fannie Mae; and go here to learn if your home loan is connected to Freddie Mac. [read post]
24 Jan 2013, 11:16 am by Larry Tolchinsky
Freddie Mac Told to Get After Those Deficiencies in Fall 2012 You may remember Freddie Mac from some of our posts last fall — including one discussion of the FHFA pressure being placed on Freddie Mac and Fannie Mae to go after deficiencies. [read post]
22 Jan 2013, 10:09 am by Susanne Klaric
The performance of the banking industry also stands in contrast to the funds extended to automotive-related companies – which have nearly $30 billion in funds outstanding and have already suffered write-offs and losses in excess of $10 billion – and the $187.5 billion bailout of the government-sponsored entities Fannie Mae and Freddie Mac, for which the taxpayers are still owed $137 billion. [read post]
11 Jan 2013, 6:51 am by Molly Foley-Healy
  ● Transitional Standard—all loans eligible to be guaranteed by Fannie Mae and Freddie Mac or for Federal Housing Administration insurance will be granted QM status during a transitional period. [read post]
10 Jan 2013, 12:34 pm by ADaigle
Transitional Standard: All loans eligible to be guaranteed by Fannie Mae and Freddie Mac or for Federal Housing Administration insurance will be granted QM status during a transitional period. [read post]
9 Jan 2013, 11:00 pm by Aimee Martin
  With the privatization of Fannie Mae, creation of Freddie Mac, and the crash of the savings and loan industry, the limited regulation that had existed under the public option approach proved to be woefully inadequate. [read post]
8 Jan 2013, 7:03 am
Nearly every residential mortgage is a Freddie Mac/Fannie Mae Uniform Instrument, regardless of whether either Fannie Mae (FNMA) or Freddie Mac (FHLMC) owns the mortgage. [read post]
7 Jan 2013, 5:30 pm by malik
Fannie Mae and Freddie Mac, which packaged loans into securities and sold them to investors, were effectively nationalized in 2008 when they nearly collapsed under the weight of their mortgage losses. [read post]
24 Dec 2012, 9:30 pm by RegBlog
    “FHFA Publishes Proposed PACE Rule”by Joel Mallord, RegBlog Staff (February 14)   Homeowners may find it more difficult to obtain loans from their local governments for energy saving home improvements under a proposed rule issued by the federal agency responsible for managing government-sponsored lending institutions, such as Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. [read post]
20 Dec 2012, 12:35 am by Kevin LaCroix
Swiss banking giant UBS has become the second global financial institution to enter a series of massive regulatory settlements in connection with the ongoing Libor scandal investigation. [read post]
19 Dec 2012, 8:48 am by David M. McLain
Earlier this year, the homeowner tried to sell his condominium and learned that, despite the fact that he does not believe there are any construction defects within his unit, Freddie Mac and Fannie Mae notified all banks in Colorado and elsewhere that there would be no mortgage funds available for his development until the pending construction defect was resolved. [read post]
3 Dec 2012, 6:32 am by BuckleySandler
On November 29, the FHFA announced that the maximum conforming loan limits in 2013 for mortgages acquired by Fannie Mae and Freddie Mac will remain unchanged from the current levels. [read post]