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9 Feb 2013, 5:21 pm
Fannie Mae, the troubled mortgage giant, has also pushed for new companies to enter this market, such as foreign insurers, to increase competition in an effort to help troubled homeowners. [read post]
7 Feb 2013, 9:41 am
In our opinion, Fannie Mae Preferred shares were often endorsed as a safe investment by brokers and broker-dealers, especially given that Fannie Mae was considered a quasi-governmental entity. [read post]
4 Feb 2013, 8:44 pm by Ray Garcia
If Fannie and Freddie would start enabling people to rent out the vacant homes, that would also help. [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]
14 Jan 2013, 10:27 am by Rich Vetstein
Fannie Mae  — which has now come full circle from very limited judicial oversight of foreclosures to a much stricter legal environment for lenders. [read post]
14 Jan 2013, 8:22 am by Editorial Board
Bank of America announced on January 7 that it would pay $3.6 billion to Federal National Mortgage Association (Fannie Mae) and repurchase for $6.75 billion certain residential mortgage loans sold to Fannie Mae. [read post]
11 Jan 2013, 2:27 pm by Adam Levitin
Oversimplifying (but only slightly), a QM is defined as a mortgage that has regular payments that are substantially equal excepting ARMs and step-rate mortgages, and that are always positively amortizing, have terms no longer than 30 years, limited points and fees, and are underwritten in a certain fashion (qualification for purchase/guarantee by Fannie/Freddie/FHA/VA will suffice). [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
 Fannie Mae thus created liquidity for mortgage originators. [read post]
9 Jan 2013, 6:47 pm by rhall@initiativelegal.com
Under the terms of the settlement, Bank of America has agreed to repurchase some of the $6.75 billion in loans that Countrywide had sold to Fannie Mae, and also make a direct cash payment of $3.6 billion in cash to Fannie Mae. [read post]
9 Jan 2013, 6:21 am by Rich Vetstein
As noted by veteran short sale negotiator Andrew Coppo of Greater Boston Short Sales LLC, short sales are now becoming far less time consuming with the new Fannie Mae short sale guidelines in place since the summer. [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]
8 Jan 2013, 5:45 am by Mike Inman
Agenda will include: Criteria used by Fannie Mae, FHA and VA; Obtaining FHA and VA Project Approval; role of managers and Association officers in “shaping up” the Association if deficient; expiration of approvals. [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]