Search for: "Freddie Home Loan Mortgage Corporation"
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18 Dec 2010, 10:14 am
The letter also noted that a robust U.S. covered bond market would provide a significant source of much-needed liquidity for home mortgages, commercial real estate (including multi-family), student loans, and public sector financing.According to Rep. [read post]
11 Feb 2007, 6:52 am
In the case of manufactured home loans, "dealer" means one who engages in the business of manufactured home retail sales. [read post]
30 Sep 2014, 7:56 am
In total, the scheme collected at least $4.9 million from more than 1,000 homeowners, including homeowners whose mortgages were owned by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
25 Oct 2011, 7:49 am
Mortgage debt service is rent you pay to yourself for the privilege of living in the home you’ve borrowed money to buy. [read post]
30 Sep 2008, 3:05 pm
In 1999, to continue the effort to extend the possibility of home ownership for low and moderate income earners, the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac") loosened their loan requirements, which gave birth to more adjustable rate mortgages, no documentation loans, lower down payments, etc. [read post]
16 Feb 2010, 4:50 pm
Covered employees are defined as both as employees of the company and non-employee directors of a major federal emergency economic assistance recipient.The Act defines major Federal emergency economic assistance recipients as financial institutions of which the federal government acquired an equity interest of more than $5 million pursuant to a program authorized by the Emergency Economic Stabilization Act of 2008, as well as the Federal National Mortgage Association (Fannie Mae) and the… [read post]
4 Mar 2010, 4:13 pm
Covered employees are defined as both as employees of the company and non-employee directors of a major federal emergency economic assistance recipient.The Act defines major federal emergency economic assistance recipients as financial institutions of which the federal government acquired an equity interest of more than $5 million pursuant to a program authorized by the Emergency Economic Stabilization Act of 2008, as well as the Federal National Mortgage Association (Fannie Mae) and the… [read post]
19 Feb 2011, 5:04 pm
One enormous step at a time.)The conservatives who clamor for the end of Fannie and Freddie do so, I suspect, in the belief that a new world of non-guaranteed loans would leave "the free market" to decide who lives in a house and who lives in an apartment. [read post]
25 Apr 2013, 7:44 am
The total loss for the 16 loans amounted to $2,440,804, including $814,730, to the Federal Home Loan Mortgage Corporation (Freddie Mac), and $757,293 to the Federal National Mortgage Association (Fannie Mae). [read post]
12 Sep 2008, 8:26 pm
The companies collectively own or guarantee approximately $5 trillion in home loans. [read post]
7 Jan 2011, 8:29 am
According to the SEC, Chironis sold the nunandrsquo;s mortgage-backed securities, including securities guaranteed by the Federal Home Loan Mortgage Corporation (Freddie Mac), the Federal National Mortgage Association (Fannie Mae), and the Government National Mortgage Association (Ginnie Mae), and from January 1, 2007 through January 31, 2008, made almost a million dollars ($959,027) churning the nunandrsquo;s accounts in… [read post]
3 Oct 2010, 7:59 pm
A reserve of $1.7 billion is much less than the $23.9 billion Compass Point Research and Trading estimated form the Wall Street Journal as JPM”s potential liability to the Federal Home Loan Banks alone, not including claims by Fannie Mae and Freddie Mac. [read post]
25 Mar 2011, 3:23 am
I add this clause to deal with this situation: The Condominium, the Unit, and the Condominium Documents (including but not limited to the Master Deed and By-Laws/Trust) shall conform to the requirements of Federal National Mortgage Association (“FNMA” or “Freddie Mac”), Federal Housing Administration (“FHA”) or Federal Home Loan Mortgage Corporation (“FHLMC”) or other secondary mortgage… [read post]
10 Oct 2008, 10:24 pm
Fish and Wildlife Service Letter to Shareholders From AIG Chairman and CEO Edward Liddy (PDF 156 KB) Letter Regarding the Sale of Stock to the Federal Reserve Bank Remarks Delivered by World Bank Group President Robert Zoellick Remarks as Prepared for Delivery at the Opening of the Annual Meetings on Oct. 9, 2008 Letter to Secretary of the Treasury Henry Paulson From AIG Chairman and Chief Executive Officer Edward Liddy (PDF 48 KB) Letter Seeks to Explain a Trip Made to a Resort by Several… [read post]
21 Nov 2014, 12:10 pm
Bank of America acknowledged that it had misrepresented the quality of loans to Fannie Mae, Freddie Mac and the FHA. [read post]
5 Oct 2011, 3:17 pm
The AWC alleged that from at least January 2006 to August 2008, Hamsher made misrepresentations and omitted to state material facts in conversations and correspondence with dozens of customers who purchased on his recommendation the preferred securities of financial institutions, including the Federal National Mortgage Association a/k/a “Fannie Mae” (“FNMA”) and the Federal Home Loan Mortgage corporation a/k/a… [read post]
11 Nov 2008, 1:00 am
"[20] Individual mortgage loans are purchased from banks and other loan originators and bundled into pools by mostly private entities. [21] These entities then issue securities that represent the principal and interest payments on the home mortgages, and sell them to investors. [22] The principal and monthly payments from the home owners are paid to the financial institution that created the mortgage-backed security, and the… [read post]
5 Jan 2011, 4:35 pm
Government through Fannie, Freddie or FHA… there are no securitizations to speak of… and the average credit score for a Fannie Mae loan is 763 for the last two years. [read post]
6 Oct 2020, 10:32 am
Facts of the Case In 2008, Congress enacted the Housing and Economic Recovery Act (HERA), which created the Federal Housing Finance Agency (FHFA) as an independent agency to oversee the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
30 Apr 2010, 6:35 pm
Covered employees are defined as both as employees of the company and non-employee directors of a major federal emergency economic assistance recipient.The Act defines major federal emergency economic assistance recipients as financial institutions of which the federal government acquired an equity interest of more than $5 million pursuant to a program authorized by the Emergency Economic Stabilization Act of 2008, as well as the Federal National Mortgage Association (Fannie Mae) and the… [read post]
