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13 Apr 2020, 8:51 am
That could mean the loan is backed by a quasi-federal agency such as Fannie Mae or Freddy Mac, or the Federal Housing authority (FHA). [read post]
1 Sep 2012, 12:18 pm
Homeowners whose mortgages are backed by Fannie Mae and Freddie Mac may be able to apply for high-rate mortgage relief through the Home Affordable Refinance Program (or HARP). [read post]
4 Sep 2009, 3:08 pm
According to OpenSecrets.org, from 1998 through 2008, the top ten recipients of Fannie Mae and Freddie Mac's political largess, are as follows: Senator Dodd (D-CT), then-Senator Obama (D-IL), Senator Kerry (D-MA), Senator Bennett (R-UT), Rep. [read post]
11 Apr 2012, 1:00 am
Fannie Mae Bankruptcy Waiting Period Chapter 7: The standard waiting period to obtain a new Fannie Mae loan after an Atlanta Chapter 7 bankruptcy is four years and is measured from the discharge or dismissal date of the bankruptcy action. [read post]
30 Sep 2008, 1:22 pm
Time and time again, Frank insisted that Fannie Mae and Freddie Mac were in good shape. [read post]
25 Oct 2011, 10:00 am
Nunez concerned a summary process (i.e. eviction) action filed by Fannie Mae against a tenant living in a foreclosed residential property. [read post]
24 Oct 2011, 7:59 am
Cutting principal is a bad precedent, and that will cost Fannie Mae and Freddie Mac money, and that will be bad for taxpayers. [read post]
19 Nov 2013, 3:15 pm
” Merscorp is the parent company of MERS. ...The suit alleges that MERS — which was founded by Fannie Mae, Freddie Mac and several large U.S. banks in 1995 — was a conduit for buying and selling mortgages by lenders. [read post]
26 Mar 2020, 11:14 am
Government Action The federal government has recently issued orders in regards mortgages and student loan payments: Mortgages that are backed by Fannie Mae, Freddie Mac, and the Federal Housing Administration are eligible for up to 12 months of forbearance. [read post]
25 May 2020, 10:00 pm
So on May 27th, you are able to serve failure to pay rent notices, non-rent breach notices, and send notices of non-renewal.BUT, if your rental property is covered by the CARES Act, which includes those properties with mortgages backed by Freddie Mac or Fannie Mae, or properties that receive Low Income Housing Tax Credits (LIHTC), accept Section 8 vouchers (only applies to the unit with the voucher not the entire building), or are site-based Sec 8 housing and various other… [read post]
16 Feb 2017, 7:15 am
Here's the scoop:When one has (for example) a roof damage claim, there's an "assignment of benefits" where the insured actually assigns the claim itself to the contractor.In 2006, Florida carriers paid out about 400 of these claims.In 2016, they paid out 28,000 of them.Gulp.As a result, a number of these carriers are really hurting, and that's about to create a rather serious ripple effect:Homeowners who have their mortgages financed by Fannie Mae or… [read post]
21 Nov 2012, 8:52 am
Additionally, Fannie Mae and Freddie Mac have issued significant new policies streamlining the process for short sales, through which underwater borrowers can sell their home for less than what they owe on their mortgages. [read post]
30 Mar 2012, 6:38 am
For Fannie Mae and Freddie Mac, the issue is scale. [read post]
9 Mar 2010, 7:35 pm
"He forced the banks to make bad loans, then he forced Fannie Mae and Freddie Mac to certify the bad loans as if they were good. [read post]
8 Aug 2008, 2:53 pm
Fourth, a 2.3 Billion Loss For Fannie Mae: Fannie Mae, the nation’s largest mortgage finance company, offered additional evidence on Friday that the housing slump was deepening by reporting a $2.3 billion loss in the second quarter. [read post]
12 Sep 2008, 8:26 pm
• Mortgage rates have dropped since the federal bailout of Fannie Mae and Freddie Mac. [read post]
26 Oct 2008, 3:51 am
Lastly, the Clinton administration encouraged Fannie Mae to underwrite loans to subprime borrowers. [read post]
4 Jul 2010, 7:56 am
"Fannie Maes' HAMP Solution CenterIf the counseling agency's management is unable to resolve the complaint, the case is "referred to an escalation team within Fannie Mae known as the HAMP Solution Center" which also handles escalations referred by "housing counselors and government agencies outside of the HOPE hotline. [read post]
9 Oct 2007, 11:59 pm
There is bipartisan support for several proposals, including giving Freddie Mac and Fannie Mae a greater role in the mortgage market. [2] These proposals are a bad idea. [read post]
27 Jul 2010, 4:01 pm
Fannie Mae also has no record of owning this note. [read post]
