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27 Jan 2009, 7:37 pm
RFC sells some of the securitized mortgages to Fannie Mae and Freddie Mac, which can require RFC to repurchase nonconforming loans as well. [read post]
21 Sep 2011, 7:48 pm by Kevin Funnell
According to BofA, the ultimate buyer of those servicing rights from Fannie Mae (Fannie Mae doesn't service loans itself) is an entity with "loss exposure" on the loans. [read post]
20 Jul 2012, 10:55 am by Shari Shapiro
PACE became a controversial issue in 2010, when the Federal Home Finance Authority (FHFA), the regulator of Freddie Mac and Fannie Mae, issued an order prohibiting Freddie Mac and Fannie Mae from purchasing mortgages with PACE assessments on them. [read post]
28 Jun 2021, 8:48 am by Richard J. Andreano, Jr.
Treasury Department on the types of loans that Fannie Mae and Freddie Mac will purchase. [read post]
15 Dec 2014, 6:39 am
Fannie Mae, Freddie Mac, the National Association of Realtors (“NAR”) and other groups believe the “3% Down Payment Mortgages” could provide a boost to first time home buyers with good credit, but little cash. [read post]
27 Apr 2020, 12:59 pm by David Friedman
According to the CFPB, nearly half of all U.S. home mortgages are owned or backed by Fannie Mae or Freddie Mac. [read post]
8 Nov 2009, 7:36 pm
To do business with Fannie Mae, lenders must now have a net worth of at least $2.5m â€â [read post]
28 Apr 2011, 4:06 pm
The company's demise began in February when the company lost all of its foreclosure business from Fannie Mae due to the mishandling of Fannie Mae's foreclosure files. [read post]
13 Feb 2014, 1:59 pm by Editorial Board
  The FHFA, as conservator for Fannie Mae and Freddie Mac, asserted claims for violations of federal and state securities laws on the basis of allegedly false and misleading statements and omissions in the registration statements and prospectuses of securities sold to Freddie Mac and Fannie Mae. [read post]
16 Jul 2021, 8:38 am by Richard J. Andreano, Jr.
The FHFA also advises that the “vast majority” of Fannie Mae and Freddie Mac borrowers have successfully exited COVID-19 forbearance, and that in April 2021 approximately two percent of single-family mortgages guaranteed by Fannie Mae and Freddie Mac remained in forbearance, which is down from a high of approximately five percent in May 2020. [read post]
31 Oct 2010, 3:50 pm
Fannie Mae reported earlier this month that seven million U.S. homes are vacant or in the foreclosure process. [read post]
6 Nov 2008, 5:14 pm
Instead of having to wait five years to qualify for a new Fannie Mae loan, and to encourage short sale, Fannie Mae is now requiring only a two year wait. [read post]
13 Mar 2010, 10:51 am by Rich Vetstein
Helpful Links Fannie Mae LQI Summary Fannie Mae LQI FAQs Fannie Mae Lender Tips for Identifying Undisclosed Liabilities Boston.com Real Estate Now Blog On LQI Subscribe By Email To This Blog! [read post]
24 Jun 2021, 9:38 am by Sherwin Root
  The plaintiffs had also requested that any dividends paid under the new formula be returned to Fannie Mae and Freddie Mac. [read post]
4 Feb 2009, 1:06 pm
The FBI's affidavit goes on to allege that "had this malicious script executed, [Fannie Mae] engineers expect it would have caused millions of dollars of damage and reduced if not shutdown operations at [Fannie Mae] for at least one week. [read post]
18 May 2015, 7:47 am by Shasha Zou
On May 11, 2015, Judge Denise Cote of the United States District Court for the Southern District of New York found Nomura Holdings Inc. liable for inaccurately characterizing the mortgage loan collateral backing seven RMBS certificates it sold to Fannie Mae and Freddie Mac between 2005 and 2007. [read post]
24 May 2009, 12:29 pm by Jordan E. Bublick, Bankruptcy Attorney
A rule is provided as to loans not owned or guaranteed by Fannie Mae or Freddie Mac. [read post]
7 Feb 2012, 5:15 am
Currently, only Fannie Mae and Freddie Mac loans are eligible to be refinanced under HARP 2.0. [read post]
17 Aug 2011, 7:34 pm by Kevin Funnell
And speaking of garbage, Fannie Mae has a negative net worth of $5.1 billion and is asking the US Treasury to pony up that amount. [read post]