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10 Jul 2020, 8:29 am
On June 29, the Federal Housing Finance Agency (FHFA) provided additional protections for owners and renters of multifamily properties by allowing servicers to extend existing forbearance agreements for up to three months, for a total forbearance of up to six months for multifamily property owners with loans backed by Fannie Mae and Freddie Mac. [read post]
9 Sep 2008, 2:33 pm
Fannie Mae and Freddie Mac aren’t just getting a bailout — they also appear to be getting a big gift from the Internal Revenue Service. [read post]
4 Jun 2019, 7:13 am
Abstract below: The future of Fannie Mae and Freddie Mac remains muddled. [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]
1 Mar 2011, 3:33 am
Fannie Mae has just released it’s Quarterly National Housing Survey and the results are… well, in some cases predictable… and in others just bizarre. [read post]
3 Jul 2012, 2:03 pm
Milwaukee County could miss out on at least $200,000 in real estate transfer returns if a federal lawsuit turns in favor of Fannie Mae and Freddie Mac. [read post]
19 Mar 2021, 8:39 am
The FHFA also announced that borrowers with a mortgage backed by Fannie Mae or Freddie Mac may be eligible for an additional forbearance extension for three additional months for up to 18 months. [read post]
1 Jun 2012, 2:53 pm
The DA charged the Bank with allegedly falsifying mortgage application documents, primarily for immigrants working in cash-only businesses, by inflating their income, assets, and job titles, as well as falsifying employment verifications and other income sources to meet investor guidelines to enable the Bank to sell loans to Fannie Mae. [read post]
17 Dec 2011, 12:57 pm
The Senate has passed, as amended, the Middle Class Tax Relief and Job Creation Act, HR 3630, extending the payroll tax holiday for two months and increasing the guarantee fees charged by Fannie Mae and Freddie Mac for assuming the risk of mortgage-backed securities. [read post]
7 May 2020, 7:20 pm
Landlords with Enterprise-backed mortgages can enter forbearance if their tenants cannot pay rent due to COVID-19 loss of income…” See Fannie Mae’s Multifamily Loan Lookup Tool here. [read post]
19 Mar 2021, 8:39 am
The FHFA also announced that borrowers with a mortgage backed by Fannie Mae or Freddie Mac may be eligible for an additional forbearance extension for three additional months for up to 18 months. [read post]
22 Dec 2010, 7:24 am
Federal officials, including the White House, have met with representatives of both Fannie Mae and Freddie Mac asking them to participate in the government's new foreclosure prevention initiative to reduce loan balances for those homeowners who are underwater. [read post]
7 Sep 2011, 7:47 am
On September 2, the Federal Housing and Finance Authority (FHFA) sued 17 companies over sales of toxic mortgage-backed securities to Fannie Mae and Freddie Mac. [read post]
28 Dec 2009, 7:50 am
Plain Dealer article CNN Money.com (12/24/09) Treasury Department's amendments (12/24/09) to support for Fannie and Freddie WSJ article (unlimited backing through 2012) (12/28/09) New Slips In Housing (NYT, 12/29/09) "USA Inc.: the State of Capitalism" (WSJ, 12/28/09) Market Watch article (12/28/09) Housing Statistics (NAHB) Political Origins of the Financial Crisis (EJC article; full-text for OhioLINK patrons only); abstract (via publisher's website) [read post]
12 Nov 2008, 12:12 am
So far, Sallie Mae's relatively respectable performance bodes well, as it has avoided the fate ensnaring its former cousins, Freddie Mac and Fannie Mae. [read post]
25 Aug 2011, 7:53 am
Fannie Mae and Freddie Mac will cost taxpayers $51 billion between 2012 and 2021, according to a new estimate released by the Congressional Budget Office. [read post]
18 Mar 2009, 2:38 am
Although Fannie Mae was able to sell 64,843 repossessed homes in 2008, it acquired 94,652 through foreclosure, leaving it with REO inventory of 63,538 homes at year end -- an increase of 152 percent from the end of 2006.Freddie Mac sold 35,579 homes in 2008, but repossessed 50,531. [read post]
26 Sep 2011, 6:51 am
Epic Stakes in Mortgage War: Jenna Greene reports on the legal battle surrounding Fannie Mae and Freddie Mac. [read post]
24 Jan 2010, 8:50 pm
Fannie Mae also said it will have trouble repaying the Treasury. [read post]
5 May 2010, 1:53 pm
Fannie Mae announced a reduction in wait time for some borrowers between when they complete a deed-in-lieu of foreclosure transaction and when they can obtain a new mortgage. [read post]
