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14 May 2013, 5:00 am
Prosecutors also claimed that other federally insured financial institutions were indirectly “affected” because they invested in Fannie Mae and Freddie Mac, which purportedly lost money on the mortgage-backed securities that they purchased from Bank of America and Countrywide. [read post]
15 Feb 2011, 12:43 pm
I could point out Marc Ben-Ezra laying off 236 employees, and it's all his (former) client's fault: Ben-Ezra & Katz, in a memo released by a company spokesman, said the firm was "forced to take this action after Fannie Mae surprisingly terminated its relationship with the firm. [read post]
13 Feb 2012, 2:28 pm
(To find out whether your loan is owned by Fannie Mae or Freddie Mac, use the loan look-up tools on their websites at www.fanniemae.com/loanlookup and www.freddiemac.com/mymortgage.) [read post]
25 Apr 2013, 1:38 pm
Whether the loan was eligible for sale to Fannie Mae or Freddie Mac would depend on the facts and circumstances. [read post]
8 Dec 2008, 8:21 pm
(Since 2004, Joffe has been advising the independent directors of Fannie Mae.) [read post]
15 Feb 2008, 8:59 am
And while Fannie Mae and Freddie Mac are authorized to buy these loans, they aren’t required to. [read post]
15 Sep 2008, 7:28 am
Second this article about Freddie Mac and Fannie Mae supported, perish the thought, nationalizing them. [read post]
3 Apr 2012, 7:30 am
Stern’s firm was associated with these allegations, and as a result, the firm was fired by both Fannie Mae and Freddie Mac. [read post]
17 Aug 2020, 3:32 pm
The case is a dispute between shareholders of Fannie Mae and Freddie Mac and the FHFA, which became the conservator for Fannie and Freddie after the 2008 financial crisis, over the FHFA’s 2012 financing agreement with the Treasury Department. [read post]
17 Oct 2009, 9:58 pm
Even some of the bad mortgages that were initiated by the private sector acting independently may have been influenced by Fannie and Freddie’s apparent willingness to purchase them at a later time should things go bad. [read post]
22 Jul 2008, 7:16 am
But it's time to phase out Fannie Mae and Freddie Mac -- let them go the way of the S&L. [read post]
24 May 2008, 5:58 am
Even Fannie and Freddie have moved away from strict DTI caps because of their experience successfully making mortgages at higher ratios (albeit usually with other compensating factors.) [read post]
23 Sep 2008, 12:38 pm
Fannie and Freddie's affordable housing goals are not technically part of the CRA but they are motivated by the same goals. [read post]
14 Mar 2012, 2:12 pm
Nearly 12 million Americans live in homes financed through Fannie Mae or Freddie Mac who owe more on their mortgage than their homes are worth. [read post]
16 Feb 2012, 7:45 pm
As anyone who hasn't lived in a cave for the last few years understands, the American taxpayers are stuck with the tab for losses at Fannie Mae and Freddie Mac. [read post]
26 Jan 2009, 1:46 am
With Fannie and Freddie repossessing homes faster than they could sell them, the companies were left with 95,553 REO properties to dispose of at the end of September -- a 25.5 percent increase in just three months.The article goes on to suggest that 75% of all distressed properties have yet to hit the market.We are cautioned that banks are going to start offering these properties for sale in large numbers. [read post]
13 Feb 2008, 5:48 pm
Or will lenders wait for more information from Fannie and Freddie and HUD about how the whole party is going to get started? [read post]
28 Jul 2008, 2:56 pm
A recent Fannie Mae report lists Atlanta as the second worst for mortgage fraud, only behind Minneapolis. [read post]
27 Apr 2011, 10:51 am
Related coverage: ABAJournal.com: Judge Axes Foreclosure, Bans Do-Over, Holds Lawyer in Contempt; Fannie Mae Pulls Files from Firm ABAJournal.com: Layoffs of Hundreds Follow Foreclosure Firms Loss of Fannie Mae Files ABAJournal.com: Fedl Judge Says Chase Must Post $4M Surety Bond to Get Its Foreclosure Files Back From Law Firm Updated at 1:59 pm to include comment from firm and Housing Wire post information about similar litigation filed previously. [read post]
16 Dec 2014, 9:02 am
Consumer groups led by NCLC advocates have asked the regulator for Fannie Mae and Freddie Mac to update their credit scoring formulas. [read post]
