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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]
22 Nov 2011, 5:54 am
., the New York foreclosure firm that came under fire for hosting a party mocking the homeless, will be closing its own doors after Fannie Mae and Freddie Mac stopped referring cases to the company, the New York Law Journal reports. [read post]
4 Jan 2011, 9:15 am
What had changed was the Fed using every tool in its toolkit -- and a few that people didn't even know were in there -- to keep interest rates low, the federal government handing first-time home buyers $8,000 to get into the market, and Fannie Mae and Freddie Mac buying virtually every mortgage that was issued. [read post]
7 Nov 2010, 9:00 pm
Democrats, who must weary of defending the indefensible Fannie and Freddie, would allow the Republican congress to eviscerate those money-losing government-sponsored enterprises in exchange for a tax-raising cap on the mortgage interest deduction, perhaps the 28% cap that President Obama has suggested in both of his first two budgets. [read post]
6 Jun 2012, 5:37 am
Promoted: Fannie Mae on Tuesday chose its general counsel Timothy J. [read post]
5 Dec 2022, 8:45 am
We recently reported on the residential mortgage loan limits for loans purchased by Fannie Mae and Freddie Mac in 2023. [read post]
21 Aug 2012, 8:00 am
., http://www.structuredfinancelitigation.com/files/2012/06/UBS-Interlocutory.pdf, Judge Denise Cote claimed that there was a single question as to if the FHFA may proceed with its federal securities laws’ claims against UBS regarding the sale of mortgage backed securities to Fannie Mae and Freddie Mac. [read post]
14 Aug 2011, 2:22 pm
Rather than turn us into a nation of renters under the recent suggestion that Freddie and Fannie rent their foreclosed properties or sell them as rentals, NACBA suggests again that a Chapter 13 bankruptcy can be modified to help families avoid foreclosure on massively underwater property. [read post]
18 Oct 2011, 9:00 am
Such a plan could be implemented for mortgages held by Fannie Mae and Freddie Mac, as we believe that such a plan would be entirely consistent with FHFA's obligation to minimize taxpayer losses in the Enterprises. [read post]
9 Nov 2010, 8:35 am
This pilot loan program is interesting in the wake of the PACE controversy, wherein property tax-based financing of home efficiency improvements were rejected by Fannie Mae and Freddie Mac, among others. [read post]
6 Mar 2009, 10:03 am
Attorney General and comes to Paul, Weiss now from Fannie Mae, where she served as Executive Vice-President, General Counsel and Corporate Secretary.A detailed history of Paul, Weiss can be found at Answers.com. [read post]
18 Feb 2009, 1:52 pm
Department of Housing and Urban Development's website has various links to further information.Fannie Mae's website and the Treasury Department's financialstability.gov also have further information.Former Secretary of Labor Robert Reich wrote a blog post on the proposal stating that the two most important aspects of the proposal are its support for bankruptcy modification of mortgage and the administration's support for Fannie Mae and Freddie Mac.New York Times… [read post]
12 Nov 2010, 4:42 am
News-Times] Fannie’s Tammany: MacLean, Nocera on the politicized world of the mortgage GSEs [Tabarrok] $56 million obstetrics verdict against Westchester County, N.Y. hospital [Hochfelder] Legal Ethics Forum is looking for guest bloggers; New Federalist Society white papers on Ohio and North Carolina supreme courts; “When Art Imitates Life: Suing for Defamation in Fiction” [Jane Kleiner, Citizen Media Law] Tags: arbitration, hospitals, libel slander and… [read post]
21 Nov 2008, 8:38 am
The regulations imposed by HUD on Fannie Mae and Freddie Mac during 1995 an 1999 mandated an expansion in credit to those with lower incomes and reduced the required down payments for that credit. [read post]
17 Dec 2010, 1:44 pm
The program's failure is partly due to bad program design, but also because Fannie Mae and Freddie Mac, charged with administration and enforcement of the HAMP contracts with banks, have failed in their roles. [read post]
9 Apr 2011, 6:15 am
Along with the "big 5" mortgage servicers, there has been talk that federal mortgage giants Fannie Mae and Freddie Mac would be included as a part of the new "cash for keys" program. [read post]
28 Feb 2012, 5:22 pm
Other than the fact that luxury homes are hard for foreclosing banks to to sell, a large part of the pattern has to do with Fannie Mae and Freddie Mac rules. [read post]
23 Oct 2010, 6:01 am
[Steele, LEF] “How Fannie and Freddie Became a $363 Billion Liability” [John Hudson, Atlantic Wire] “Lawsuit of the Day: Kid Injured by ‘Deleterious’ Hot Sauce” [Legal Blog Watch] Tags: animal rights, campaign regulation, food safety, Long Island, mortgages, Phoenix, recusals Related posts Update: anti-milk suit dismissed (2) Suit demanding warnings on hot dogs (3) September 2000 archives, part 2 (0) Long Island parents bid bake sales adieu… [read post]
18 Nov 2008, 3:33 pm
By Alan White We now have foreclosure and mortgage modification reports coming from five sources on a periodic basis: the Mortgage Bankers Association National Delinquency Survey (watch for the 3rd quarter report due the first week of December), the FHFA report on Fannie/Freddie mortgages, the State Foreclosure Prevention Working Group, HOPE NOW and the OCC/OTS mortgage metrics from banks and thrifts. [read post]
25 Jan 2011, 7:26 pm
I am delighted to announce the publication of a book that I have coauthored with Clotilde Normand, who practices at Baker & McKenzie in Paris, and Fanny Cornette, who teaches at the University of Rouen, on International Enforcement Law, or Cross-Border Debt Recovery (Droit international de l’exécution – Recouvrement des créances civiles et commerciales) . [read post]