Search for: "Fannie Mae"
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20 Jan 2011, 7:39 am
“The Obama administration is sorely divided over how to reform Fannie Mae and Freddie Mac, the controversial mortgage giants. [read post]
19 Jan 2011, 1:32 pm
., has practically shut down due in large part to the depositions of employees and other information gleaned in the pending attorney general investigation and the pulling of files by Fannie Mae and other major lenders or servicers. [read post]
19 Jan 2011, 12:00 pm
Mortgage Company messes...New Fannie Mae “Deed for Lease” Program May Be an Alternative to Foreclosure But It May Not Be the Best Choice for Many Homeowners Written by Craig D. [read post]
18 Jan 2011, 3:10 pm
News release: "Thanks to strengthening in consumer spending and growing policy clarity at the end of 2010, the economy is... [read post]
15 Jan 2011, 9:38 am
I’ve blogged about this phenomenon several times and believe it was responsible for the recently deflated real estate bubble (especially since the investors who originated loads of bad mortgages knew there were congressionally created greater fools — Fannie Mae and Freddie Mac — standing ready to buy their bad investments!). [read post]
13 Jan 2011, 5:30 am
Following the recent announcement that Ally Financial has reached a settlement with Fannie Mae on mortgage buybacks, mortgage giant Bank of America has announced that it too will settle with Fannie Mae and Freddie Mac with regard to the requests of the two companies to buy-back the non-performing mortgages. [read post]
12 Jan 2011, 5:29 am
And then, in my tearing apart of the Fannie Mae, in my article, Well, Would You Look At That… Homeowners Scared the Heck Out of Fannie Mae, I said the following: No one is walking away from their home because they weren’t willing to make a good faith effort to find an alternative resolution by working with their servicer. [read post]
11 Jan 2011, 8:39 pm
. ''They said to contact your mortgage company and see if they are going to become involved," Salem said.Participating lenders, loan servicers and agencies include Wells Fargo, Chase, Bank of America, GMAC, CalHFA, and the Department of Veterans Affairs, as well as the government-sponsored Fannie Mae and Freddie Mac.Richardson said. [read post]
11 Jan 2011, 8:36 am
They foresee the municipal debt markets seizing up – in much the same way Fannie Mae and Freddie Mac’s liquidity markets nearly froze up two years ago – and they are trying to create CDS lubrication to keep the markets functioning. [read post]
11 Jan 2011, 5:00 am
“Dodd-Frank also failed to address the taxpayer-funded liabilities of Fannie Mae and Freddie Mac. [read post]
10 Jan 2011, 4:00 pm
While the above mentioned revision to the HAFA guidelines are in the right direction, the revisions to HAFA do not apply to first lien mortgages that are owned or guaranteed by Fannie Mae, Freddie Mac, or insured by a federal agency such as the Federal Housing Administration. [read post]
10 Jan 2011, 12:14 am
Among other cases that have survived are those involving Citigroup (refer here), AIG (here), Countrywide (here), Fannie Mae (here), Washington Mutual (here), New Century Financial (here), Sallie Mae (here) and Bank of America (here). [read post]
9 Jan 2011, 2:58 pm
Fannie Mae has mandated that its servicers participate in pre-file mediations on Florida loans that are eligible for the program. [read post]
9 Jan 2011, 7:40 am
Fannie Mae. [read post]
8 Jan 2011, 5:10 am
In July, the Federal Housing Finance Agency, which regulates Fannie Mae, subpoenaed documents concerning mortgage-backed securities which were purchased by Fannie Mae. [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 questionable bonds, with undisclosed mark-ups and… [read post]
6 Jan 2011, 12:03 pm
No one seems to be supporting Fannie Mae and Freddie Mac, and all seem to call for the end of government guarantees of residential mortgages. [read post]
6 Jan 2011, 9:40 am
Once the decision was made to place Fannie Mae and Freddie Mac into conservatorship, Ben S. [read post]
6 Jan 2011, 7:57 am
And Congress is looking at forbidding Fannie Mae from buying mortgages listed in the MERS system. [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]
