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28 Jul 2008, 7:09 am
In addition to the Fannie Mae/Freddie Mac and new FHA features in the bill, there's a less publicized set of safeguards that I think is a great thing: additional help for veterans and active duty military personnel. [read post]
28 Jul 2008, 7:09 am
In addition to the Fannie Mae/Freddie Mac and new FHA features in the bill, there's a less publicized set of safeguards that I think is a great thing: additional help for veterans and active duty military personnel. [read post]
30 Aug 2017, 11:26 am by Pavitra Bacon
Under its Selling Guide, Fannie Mae allows borrowers to use lump-sum disaster-relief grants or loans to satisfy Fannie Mae’s minimum borrower contribution requirement. [read post]
23 Sep 2010, 11:27 am by David C. Swedelson
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]
19 Mar 2009, 1:29 pm
It's time for the weekly round up of New York law-related headlines: AIG May Face Subpoena From New York's Cuomo on Pay (Bloomberg) New York Judge Says Cuomo May Release Bonus Recipient Identities (Bloomberg) NY man ordered to prison for defrauding Fannie Mae (Reuters) FBI agent in NY accused of tipping off informant (AP) Jury Awards NY Lawyer $567,000 Contingency Fee From Client Who Fired Him Before Settlement (NY Law Journal) (This is a content summary only. [read post]
22 Oct 2008, 4:35 pm
McCain prefaced his response by saying that the questioner 'probably hadn't heard of Fannie Mae or Freddie Mac'. [read post]
21 Sep 2008, 3:28 pm
Barney Frank, Syron's chief sponsor, kept his job, and continues to push the idea of Freddie and Fannie taking their 'profits' and using them to fund low-down-payment mortgages. [read post]
15 Oct 2011, 1:47 pm
Here's how to check on your lenders: First, use our Resource page on our website to look up who likely owns your loan by doing a Fannie, Freddie or MERS lookup search. [read post]
7 Oct 2011, 8:20 am by James Hamilton
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]
4 Aug 2015, 3:56 am by Walter Olson
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]
15 Jan 2009, 9:00 am
The refusal's purported basis was that the property Oparaji wanted to purchase wasn't habitable and didn't satisfy Fannie Mae's appraisal guidelines. [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]
22 Feb 2009, 12:01 am
According to an article in the Los Angeles Times, the three victims were identified as Fannie May Brinkley, a patient in her 90s; Joseph Shepter, 76; and Alexander Zaiko, 85. [read post]
14 Jun 2019, 3:05 am by Walter Olson
Advice to Mark Calabria, newly installed as head of the Federal Housing Finance Administration, or FHFA [Arnold Kling; more on what to do with Fannie and Freddie] Bad blood between Joe Biden and Elizabeth Warren on consumer bankruptcy issue goes back decades [Matthew Yglesias, Vox] “Financial planning websites consistently emphasize paying off revolving high-interest debt before saving for retirement (unless a company offers a match rate). [read post]
28 Oct 2011, 10:11 am by James Hamilton
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]
15 Jul 2021, 9:35 am by A.J. Dhaliwal and Moorari Shah
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]
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]
19 Nov 2012, 6:04 am by Editorial Team
  FHFA’s claims are based on alleged purchases by Fannie Mae and Freddie Mac of residential mortgage-backed securities from these banks. [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]
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]