Search for: "Freddie Home Loan Mortgage Corporation"
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27 Aug 2010, 11:07 am
Securitization got its start in the 1970s, when home mortgages were pooled by U.S. government-backed agencies, Fannie Mae, Freddie Mac, Ginnie Mae, and Sallie Mae. [read post]
11 Aug 2010, 8:02 am
The three huge banks made 57% of all home mortgages in the first quarter, up from 28% in 2008, according to Inside Mortgage Finance, an industry newsletter. [read post]
27 Jul 2010, 4:01 pm
There are two problems with this; BAC Home Loan Servicing (Bank of America's servicing arm) owns the note. [read post]
12 May 2010, 7:00 am
Did you write letters to either of them, or any of other the big corporations that are ditching whatever they’ve decided makes no sense for them to pay for, even though they signed the mortgage? [read post]
10 May 2010, 9:07 pm
Marchant (R-TX) on 3/3/10 Summary: Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to prohibit the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation Act (Freddie Mac) from purchasing a single-family housing (1-to-4 family residence) mortgage unless the identity and work eligibility… [read post]
3 May 2010, 10:18 am
” A second group of critics say the government helped to seed the crisis through its efforts to increase home ownership, including the role of Fannie Mae and Freddie Mac in buying mortgage loans to make more money available for lending. [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]
22 Apr 2010, 11:45 am
In January 2008, Countrywide Financial Corporation, a $100 billion thrift specializing in home loans, was sold to Bank of America. [read post]
8 Apr 2010, 8:08 am
Thursday: Home for dinner. [read post]
9 Mar 2010, 12:41 pm
” According to Judicial Watch’s motion filed on March 5, 2009, Fannie and Freddie are no longer private enterprises, and therefore their records are subject to FOIA law: “At issue in this Freedom of Information Act (‘FOIA’) lawsuit is whether FHFA, the federal agency that has custody and control of the records of Federal National Mortgage Association (‘Fannie Mae’) and Federal Home Loan Mortgage Company… [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]
4 Mar 2010, 5:09 am
Byrne focused his presentation on the new guidelines issues by the Federal Housing Administration ("FHA"), the Federal National Mortgage Agency ("Fannie Mae") and Federal Home Loan Mortgage Corporation ("Freddie Mac") in relation to loans made in condominiums. [read post]
19 Feb 2010, 2:29 pm
Private-label securities are based on mortgage loans that did not meet the lending standards of a government-sponsored entity, such as Fannie Mae or Freddie Mac. [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]
5 Feb 2010, 4:34 am
This is certainly appropriate, as Delaware is the corporate home of nearly 70% of the Fortune 500 and half of the 14,000 publicly traded companies in the United States. [read post]
19 Jan 2010, 7:26 am
Meanwhile, lots of people wait on the sidelines - laid-off executives writing that novel they've always meant to, working moms shifting to stay-at-home moms, and homeowners paying two mortgages because they can't bear to sell at localized depressed prices. [read post]
8 Jan 2010, 7:46 am
Mozilo, a butcher's son from the Bronx, and David Loeb, a founder of a mortgage banking firm in New York, who died in 2003, the company has become a $500 billion home loan machine with 62,000 employees, 900 offices and assets of $200 billion. [read post]
31 Dec 2009, 6:21 pm
Well, we can summarize four type of owners of mortgage notes: -the originator (the rarest of cases), -a securitized trust (known as a REMIC), -Fannie Mae (Federal National Mortgage Association) -or Freddie Mac (Federal Home Loan Mortgage Corporation). [read post]
24 Dec 2009, 6:31 am
Homeowners with negative equity, a situation in which one’s mortgage exceeds the home value, are concentrated in a small number of states, with Nevada (48% of mortgages) and Michigan (39%) of most concern. [read post]
8 Dec 2009, 3:11 pm
Historically, Fannie Mae and Freddie Mac (which tends to follow Fannie Mae closely) own or guaranty over 50% of the country’s outstanding first mortgages. [read post]
