Search for: "Freddie Mac"
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23 Sep 2010, 11:27 am
The proposal would prohibit Fannie Mae, Freddie Mac and all federal home loan banks from purchasing mortgages for properties in communities with deed-based transfer fees. [read post]
8 Aug 2008, 8:03 am
In a nutshell, while at HUD, Cuomo set housing goals that pushed Fannie Mae and Freddy Mac into the subprime market, then rejected rules which would have imposed more stringent reporting requirements. [read post]
15 Jul 2021, 9:35 am
On July 1, the Federal Housing Finance Agency (FHFA) released a Policy Statement on its commitment to comprehensive fair lending oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks (collectively, “regulated entities”). [read post]
23 Jan 2014, 1:04 pm
A real estate agent conspired to commit short sale fraud by having the owner of a single family home submit false documents to Tri Counties Bank and Freddie Mac in conjunction with a short sale application. [read post]
24 Jun 2008, 5:42 pm
Fannie Mae and Freddie Mac recently announced they would cease purchasing mortgages insured by Triad Guaranty, the smallest of the seven private mortgage insurers that make up most of the market. [read post]
19 Nov 2012, 6:04 am
FHFA’s claims are based on alleged purchases by Fannie Mae and Freddie Mac of residential mortgage-backed securities from these banks. [read post]
29 Sep 2008, 7:38 pm
The movement's biggest victory, of course, came when Fannie Mae and Freddie Mac began buying up the riskier loans - providing fresh incentive for banks to make even more of them. [read post]
21 Nov 2011, 5:11 pm
The closure comes just days after both Fannie Mae and Freddie Mac banned the law firm from receiving any new foreclosure, bankruptcy or other legal work from lenders and servicers working on behalf of the mortgage finance giants. [read post]
24 Oct 2011, 8:28 am
The program also only applies to loans owned or guaranteed by Fannie Mae or Freddie Mac. [read post]
24 Aug 2010, 10:35 am
The country's average rate on a 30-year fixed rate mortgage stands at 4.49%, which is an all-time low in America since Freddie Mac started keeping track of the rates in 1971. [read post]
15 Jul 2021, 9:35 am
On July 1, the Federal Housing Finance Agency (FHFA) released a Policy Statement on its commitment to comprehensive fair lending oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks (collectively, “regulated entities”). [read post]
3 Jul 2014, 4:17 pm
FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages (AUD-2014-014) - 07/01/2014 “Banks that traditionally service mortgage loans backed by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (the Enterprises) have been selling the rights to service troubled loans (e.g., delinquent or in default) in bulk to new companies specialized to handle them. [read post]
28 Oct 2011, 10:11 am
The Private Mortgage Market Investment Act would also direct the Federal Housing Finance Administration, overseer of Fannie Mae and Freddie Mac, to develop standard and uniform securitization agreements and representations and warranties and to streamline the process for securities that meet the standard underwriting characteristics and securitization agreements to be sold to investors. [read post]
30 Nov 2022, 9:24 am
The Federal Housing Finance Agency (FHFA) recently announced the conforming loan limits for residential mortgage loans acquired by Fannie Mae and Freddie Mac in 2023. [read post]
18 Jul 2008, 2:32 am
The steep fall in prices of several US investment banks and financial institutions, such as Bear Stearns, Fannie Mae and Freddie Mac have been attributed to false rumours leading to panic selling, which has been further exacerbated by "naked" short selling. [read post]
7 Oct 2011, 8:20 am
House Oversight Committee Chair Darrell Issa (R-CA) has written a letter to the Federal Housing Finance Agency requesting documents involving lawsuits the agency has filed against financial institutions over the sale of mortgage-backed securities to Fannie Mae and Freddie Mac. [read post]
26 Sep 2008, 4:24 pm
The recent failures of IndyMac, Freddie Mac, and the insurance giant AIG has caused many bank depositors to ask about the protections of an FDIC insured institution. [read post]
4 Aug 2015, 3:56 am
At last night’s Republican debate in New Hampshire, Carly Fiorina criticized how the Dodd-Frank law is strangling community banks, as well as its encouragement of yet bigger Wall Street firms and Congress’s failure to reform mortgage entities Fannie Mae and Freddie Mac. [read post]
2 Feb 2011, 12:46 pm
The Proposed Rule would limit Fannie Mae, Freddie Mac and the Federal Loan Banks from “dealing in mortgages on properties encumbered by certain types of private transfer fee covenants and in certain related securities. [read post]
24 Dec 2008, 8:48 am
When attempting to determine who and what is responsible for the financial crisis, small government types, myself included, have tended to focus on bad government policies, such as the Fed's expansion of the money supply as well as the poor underwriting standards and other policies promoted by the Community Reinvestment Act and Fannie Mae and Freddie Mac. [read post]
