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18 Sep 2013, 9:29 am
Accordingly, Fannie Mae’s motion to compel was denied. [read post]
16 Sep 2013, 9:44 am
FHFA originally filed the action in the Supreme Court for the State of New York in 2011, alleging misstatements and omissions about loan quality in connection with RMBS purchased by Fannie Mae and Freddie Mac. [read post]
12 Sep 2013, 12:58 pm
Also in early August, as reported by NuWire Investor, "the Federal Housing Financial Agency, regulator of Fannie Mae and Freddie Mac, two of the biggest investors in private-label mortgage-backed securities, issued a strong statement against [Richmond's plan to use eminent domain to acquire underwater mortgages], saying it would legally challenge any local or state action that sanctions use of eminent domain." [read post]
12 Sep 2013, 11:58 am
Also in early August, as reported by NuWire Investor, “the Federal Housing Financial Agency, regulator of Fannie Mae and Freddie Mac, two of the biggest investors in private-label mortgage-backed securities, issued a strong statement against [Richmond's plan to use eminent domain to acquire underwater mortgages], saying it would legally challenge any local or state action that sanctions use of eminent domain. [read post]
11 Sep 2013, 4:00 pm
The FHFA, which regulates Fannie Mae, Freddie Mac and the twelve Federal Home Loan Banks, issued a statement on August 8, 2013 stating “use of eminent domain to restructure existing financial contracts… presents a clear threat to the safe and sound operations” of the entities under its purview. [read post]
11 Sep 2013, 3:26 pm
If the mortgage is backed or insured by an entity such as Fannie Mae, Freddie Mac, or the Federal Housing Administration, then that entity also will have to review and approve the application. [read post]
11 Sep 2013, 3:26 pm
If the mortgage is backed or insured by an entity such as Fannie Mae, Freddie Mac, or the Federal Housing Administration, then that entity also will have to review and approve the application. [read post]
11 Sep 2013, 3:00 pm
The FHFA, which regulates Fannie Mae, Freddie Mac and the twelve Federal Home Loan Banks, issued a statement on August 8, 2013 stating “use of eminent domain to restructure existing financial contracts… presents a clear threat to the safe and sound operations” of the entities under its purview. [read post]
11 Sep 2013, 1:30 pm
Although he and his wife, Fanny, were compatible, there was little passion between them. [read post]
9 Sep 2013, 5:10 pm
Fanny Roy Veilleux’s father Jean-Guy Veilleux, a resident of Lac-Megantic, allegedly died in the train crash. [read post]
31 Aug 2013, 4:26 pm
But now due to a Hudson, Florida mortgage broker's (Pam Marron) persistence and lobbying efforts, Fannie Mae has found a cure. [read post]
26 Aug 2013, 7:04 am
Fannie Mae and Freddie Mac last week joined investors authorizing a lawsuit to stop Richmond from seizing loans. [read post]
22 Aug 2013, 4:02 pm
Senator Warner emphasized that a bill rebranding and recapitalizing Fannie and Freddie is not the way to go and, in any event, could not get through Congress. [read post]
22 Aug 2013, 10:23 am
Contents include:ArticlesMary Robinson, Climate Change post Durban Paul Govind, A Reorientation of Climate Justice—Capability Justice and Climate Change Adaptation Fanny Thornton, Compensatory Justice for Climate Change Displacees under International Law: Fault-Based and No-Fault Approaches David Browne, Causation and Damages in Climate Litigation: Evaluating the Role of Human Rights LawShorter Articles and NotesDarren O’Donovan, The Diplomatic Disputes between the Holy… [read post]
21 Aug 2013, 7:43 am
Thus, the PATH Act ushers in a new system of housing finance that separates out these functions, providing clear and transparent disclosure of mortgage data, giving certainty to contracts and their enforceability, utilizing the knowledge and networks of the Federal Home Loan Bank system, and creating an open-access utility for the issuance of mortgage-backed securities that is decoupled from the holding of long-term mortgage risks.To ensure a smooth transition to the new system, he noted, the PATH… [read post]
18 Aug 2013, 7:49 am
The declaration of trust should also have standard Fannie Mae/Freddie Mac provisions which will ensure that future buyers can obtain conventional financing on their units. [read post]
13 Aug 2013, 3:00 am
Southern's Chris Odinet passes along this news: A group of plaintiffs representing some of the nation's largest bond investors (including Fannie Mae and Freddie Mac) have filed a lawsuit against the City of Richmond, CA and the investment firm Mortgage... [read post]
12 Aug 2013, 5:07 pm
The lenders and secondary mortgage purchasers, including Fannie Mae and Freddie Mac, suffered losses as a result of the foreclosures. [read post]
9 Aug 2013, 5:34 pm
I am no fan of Fannie and Freddie, and the federal governments’ support for them. [read post]
8 Aug 2013, 10:23 am
It should be noted, no offers were made on any mortgages held by Fannie Mae or Freddie Mac. [read post]