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4 Mar 2011, 2:36 pm
That bubble pervaded the real estate market in part through relaxed lending standards promulgated by the government-sponsored enterprises Freddie Mac and Fannie Mae. [read post]
10 Mar 2011, 6:20 pm
During the course of our representation of clients, we’ve also seen that some of these smaller banks are still underwriting no income verification loans, even though they are not allowable under current Fannie Mae guidelines. [read post]
21 Jan 2016, 2:43 pm
Fannie Mae said mortgage companies could use this report in lieu of pay stubs effective mid-2016. [read post]
7 Jul 2012, 12:02 pm
FHFA launched its REO pilot program in February 2012 and bids from qualified investors were sought during the second quarter of the year for roughly 2,500 single-family foreclosed properties held by Fannie Mae. [read post]
31 Aug 2012, 12:41 pm
On August 31, the FHFA announced that Fannie Mae and Freddie Mac will attempt to bring more private capital into the secondary mortgage market by increasing guarantee fees (g-fees) on single-family mortgages by an average of ten basis points. [read post]
6 Mar 2009, 10:24 am
A compressed portrayal of US failures evident in the current crisis may arise from the following list of representations: (A) firms: Countrywide, Fannie Mae, AIG, Citigroup, Moody's, Lehman Brothers, General Motors; (B) industries: mortgage origination, mortgage finance, insurance, commercial banking, rating agencies, investment banking, automobile manufacturing and finance; (C) regulators: state mortgage, insurance and banking overseers; Federal Housing Finance Agency;… [read post]
17 Sep 2008, 3:19 pm
Govnerment just became an owner of AIG, in an $85 billion bailout.Look, I didn't like the Fannie Mae/Freddie Mac bailout, but at least I could justify it to a certain extent that the government was cleaning up a mess it made by failing to regulate entities created by the government.But there is no such justification for the bailout of AIG. [read post]
7 Apr 2022, 8:29 am
The Federal Housing Finance Agency announced yesterday that Fannie Mae and Freddie Mac will require servicers to suspend foreclosure activities for up to 60 days if the servicer has been notified that a borrower has applied for assistance from the Treasury Department’s Homeowner Assistance Fund (HAF). [read post]
11 Aug 2010, 10:00 am
Fannie Mae and Freddie Mac wont purchase a mortgage from the front line lenders if your credit score is below 620. [read post]
21 Jan 2016, 2:43 pm
Fannie Mae said mortgage companies could use this report in lieu of pay stubs effective mid-2016. [read post]
26 Feb 2009, 8:46 am
Circuit appellate opinion, In re Fannie Mae Securities Litigation, _ F.3d _, 2009 WL 21528 (C.A.D.C., Jan. 6, 2009), the court addressed the consequences of entering into a stipulated order designed to resolve some of the problems encountered over the course of complying with a subpoena issued under Federal Rule of Civil Procedure 45.Specifically, the Office of Federal Housing Enterprise Oversight (OFHEO) appealed from a contempt order of the U.S. [read post]
7 Feb 2008, 2:45 pm
Senate today passed its version of the economic stimulus plan, and it appears that the proposed increase to the Fannie Mae and Freddie Mac conforming loan limits made it through as part of the legislation. [read post]
9 Dec 2020, 4:00 am
Mnuchin, the justices will consider a lawsuit by shareholders of Fannie Mae and Freddie Mac who are challenging a 2012 agreement between the Treasury Department and the Federal Housing Finance Agency (which acts as a conservator for Fannie and Freddie). [read post]
2 May 2012, 8:25 am
They want to phase out or at least substantially reduce the role of the Federal National Mortgage Association (Fannie Mae ) and the Federal Home Loan Mortgage Corporation (Freddie Mac ) in the residential mortgage financing industry. [read post]
31 May 2012, 10:13 am
Abacus Bank then sold these loans to Fannie Mae. [read post]
31 Jan 2024, 8:31 am
14 Feb 2022, 2:24 pm
31 May 2013, 5:33 am
They also noted that FHA has barred Fannie Mae and Freddie Mac from refinancing loans seized through eminent domain. [read post]
6 May 2009, 12:09 pm
The injunction – which I believe to be the first of its kind for a broad class of borrowers — prevents stops foreclosure sales on properties guaranteed by Freddie Mac, Fannie Mae or any other mortgage company that is participating in federal mortgage foreclosure assistance programs. [read post]
28 Mar 2013, 10:09 am
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]
