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7 Nov 2011, 5:10 am
Stern, Fannie Mae is expecting a $5.5 million bill. [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]
15 May 2008, 8:38 am
Of course, that could just be pessimism run amok, but given the size of both Freddie Mac and Fannie Mae and the importance of those two giants to the housing market and the global economy, thinking of their collapse is a sobering thought. [read post]
4 Mar 2012, 3:23 pm
” That is a really dubious category to begin with, and now BofA is sending a strong signal that it is not inclined to buy back more loans from Fannie Mae, meaning that it should not have significant “future losses” related to buyback claims by that GSE. [read post]
29 Aug 2009, 9:47 am
Together Fannie and Freddie have now led the entire world into the worst economic collapse in 80 years.The War on Poverty was started in 1964 - they've had 45 years to get it right; $1 trillion of our hard earned money is confiscated each year and transferred to "the poor"; it hasn't worked. [read post]
30 Mar 2010, 3:21 pm
Lucia for a week and arrived back into the eye of the Wall Street collapse; Lehman Brothers had filed for bankruptcy, Fannie Mae and Freddie Mac had been placed in conservatorship, and general chaos reigned. [read post]
30 Sep 2008, 1:11 am
Fannie Mae, Freddie Mac, Merrill, Lehman, Wachovia, Wamu, and even some European banks have fallen… and those are just the national/ global banks…. and like the Bush Administration’s response to hurricane Katrina, the US administration’s efforts to deal with the situation has been late, lacking, and will lead to a lot of misery that could have been avoided had a proper response been taken from Day 1 (2 years ago). so… [read post]
24 Sep 2008, 4:29 am
42 FBI task forces around the country are investigating some of the top mortgage firms, including Fannie Mae and Freddie Mac for fraud. [read post]
9 Sep 2019, 6:52 am
Department of Treasury recently issued the long-awaited Housing Reform Plan, and among various topics the Plan addresses the temporary qualified mortgage under the Regulation Z ability-to-repay rule for loans that are eligible for sale to Fannie Mae or Freddie Mac (the GSEs). [read post]
9 May 2014, 11:22 am
Congress has been considering changing mortgage banking, reducing the role of Fanny Mae and Freddy Mac, the two federal superbanks that have been insuring and buying our mortgages for decades. [read post]
9 Jan 2018, 10:55 am
If you want a tale of a bank charged with falsifying loan-application documents by inflating borrower assets, incomes, and job titles, and “fraudulent mortgages” being sold to Fannie Mae, the federally backed mortgage company, see the documentary Abacus: Small Enough to Jail. [read post]
6 Oct 2008, 4:20 pm
Some of the securities most at issue were those issued by Freddie Mac, Fannie Mae, Lehman Brothers, Washington Mutual and Wachovia. [read post]
29 Jun 2011, 9:44 pm
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEToday the National Association of Home Builders released its own study claiming that lowering the loan limits at Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA), will reduce housing demand and place downward pressure on home prices in major housing markets. [read post]
4 Aug 2008, 5:50 am
You have heard about all of the programs designed to stimulate the housing market and to deal with Fannie Mae and Freddie Mac. [read post]
2 Sep 2011, 6:32 am
NYTimes: The federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac is set to file suits against more than a dozen big banks, accusing them of misrepresenting the quality of mortgage securities they assembled and sold at the height of the housing bubble, and seeking billions of dollars in compensation. [read post]
30 Aug 2017, 11:26 am
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]
30 Nov 2013, 6:00 am
We also discuss mortgage settlements that are related to repurchase demands mainly between mortgage sellers and Fannie Mae and Freddie Mac. [read post]
11 Dec 2013, 1:30 pm
Fannie Mae’s Economic and Strategic Research Group hypothesizes we’ll continue to struggle and see only modest economic growth through the end of 2013. [read post]
7 Jan 2013, 12:28 pm
The Legislative & Case Law Update also addresses some new Fannie Mae and FHA regulations impacting condominium insurance and certification requirements. [read post]
12 Dec 2011, 5:30 pm
So, as is the case with most mortgages, they are sold by the originating bank (or mortgage company) to either Freddie Mac or Fannie Mae. [read post]
