Search for: "Federal National Loan Mortgage" Results 161 - 180 of 2,175
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10 Mar 2021, 7:36 am by Content
The existing foreclosure and eviction moratorium on federally-backed loans, including VA home loans, is in effect until June 30, 2021. [read post]
5 Mar 2021, 3:00 am by Jim Sedor
National/Federal Biden Won’t Release White House Virtual Visitor Logs Politico – Anita Kumar | Published: 3/1/2021 President Biden and is under pressure to do more to restore confidence in the federal government following Donald Trump’s term in the White House. [read post]
28 Feb 2021, 10:02 am
These days, every agency has its own formula (or several formulas) to determine creditworthiness for all sorts of different forms of credit, be them auto loans, mortgages, or credit and loans. [read post]
24 Feb 2021, 6:11 am by Amy Starnes
Biden issued federal disaster declarations for 108 Texas counties, making federal funding available to individuals and businesses who suffered damages in the storm. [read post]
22 Feb 2021, 9:03 pm by James Alford
Redlining began in 1933, when the federal government created the Home Owners’ Loan Corporation (HOLC) to stabilize and encourage homeownership as the nation recovered from the Great Depression. [read post]
15 Feb 2021, 11:16 am by Cathy Moran
Fannie Mae (the Federal National Mortgage Association) has now come out with a range of options for the borrower after the forbearance period ends. 1. [read post]
14 Jan 2021, 12:09 pm by luiza
  Federal enforcement actions run the gamut from cases involving student loan fraud, bank fraud, mortgage fraud, antitrust crimes, and customs fraud. [read post]
13 Jan 2021, 7:21 am by Patrick McDonnell
Front and center were the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
 For example, the Bureau could have units dedicated to credit cards, mortgages, small dollar loans, fintech, and third party service providers (such as debt collectors and mortgage servicers), with each unit having enforcement, rulemaking, and supervision responsibilities. [read post]
11 Jan 2021, 6:37 pm by Shannon O'Hare
U.S. national debt stands at around USD 27tn and the Federal Reserve confirmed on 16 December 2020 that it will continue to acquire at least USD 120bn of debt consisting of Treasury securities and agency mortgage-backed securities, until such time as “substantial” progress has been made in U.S. economic recovery, maintaining that the interest rates will be kept “close to zero until at least the end of… [read post]
6 Jan 2021, 7:49 am by Cathy Moran
Orders of federal agencies have directed lenders servicing federally owned or guaranteed home loans to offer forbearance options to borrowers. [read post]
Expansion and Modification of Authorized Uses of PPP Loan Proceeds While authorized uses of PPP loan proceeds continue to include payroll costs, utilities, rent, and interest on mortgages and other debt obligations, the Act permits the proceeds of both First Tranche PPP Loans[19] and Second Tranche PPP Loans to be used for the following additional expense categories (in each case, subject to certain specified exclusions), all of which also qualify for… [read post]
Expansion and Modification of Authorized Uses of PPP Loan Proceeds While authorized uses of PPP loan proceeds continue to include payroll costs, utilities, rent, and interest on mortgages and other debt obligations, the Act permits the proceeds of both First Tranche PPP Loans[19] and Second Tranche PPP Loans to be used for the following additional expense categories (in each case, subject to certain specified exclusions), all of which also qualify for… [read post]
On December 27, 2020, President Donald Trump signed into law the Consolidated Appropriations Act, 2021 (the 2021 Consolidated Appropriations Act), an omnibus statute that is comprised of, among other laws, twelve fiscal year 2021 appropriations bills for the federal government and an economic aid package to assist business concerns that continue to face hardships due to the COIVD-19 pandemic. [read post]
30 Dec 2020, 11:24 am by Richard J. Andreano, Jr.
The Federal Housing Finance Agency (FHFA) recently issued a request for information (RFI) seeking input on appraisal-related policies, practices and processes in connection with home mortgage loans. [read post]
Extension of Federal Funding of Extended Unemployment Compensation The FFCRA provision that provided temporary full federal funding of Extended Benefits for high-unemployment states is extended through March 14, 2021. [read post]
14 Dec 2020, 7:40 am by Richard J. Andreano, Jr.
For adjustable rate mortgage loans, the final rule includes a special requirement for the calculation of the APR for purposes of comparing the APR to the APOR. [read post]
9 Dec 2020, 3:00 am by Amy Howe
Background The Federal National Mortgage Association, also known by the nickname Fannie Mae, and the Federal Home Loan Mortgage Corporation, known as Freddie Mac, are publicly traded companies created by Congress with private shareholders. [read post]
1 Dec 2020, 9:05 pm by Shaked Barkay
The statute, however, expressly excludes “finance lenders, broker-dealers, residential mortgage lenders, mortgage servicers, mortgage originators,” and check sellers, as well as banks and credit unions chartered federally or by another state. [read post]