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5 Oct 2010, 1:28 pm
Maybe Fannie Mae was a cheap client, but the law firms didn’t have to sign on. [read post]
5 Oct 2010, 9:53 am
Under the new plan, government agencies like Fannie Mae, Freddie Mac, the Federal Housing Administration and the Department of Veteran Affairs, would be directed to refinance mortgages at the request of homeowners. [read post]
5 Oct 2010, 12:47 am
So eager were the originators to pump-and-dump mortgages - to write up loans and immediately re-sell them to the chumps at Fannie Mae, Freddie Mac and elsewhere - that they got ludicrously sloppy. [read post]
4 Oct 2010, 11:35 am
Fannie Mae has established new foreclosure timeframes for four states – Florida, Maryland, Nevada and New York – telling seller/servicers they face potentially steep fines if they cannot complete the task. [read post]
4 Oct 2010, 1:54 am
Fannie Mae: In a September 30, 2010 order (here), Southern District of New York Judge Paul A. [read post]
3 Oct 2010, 7:59 pm
A reserve of $1.7 billion is much less than the $23.9 billion Compass Point Research and Trading estimated form the Wall Street Journal as JPM”s potential liability to the Federal Home Loan Banks alone, not including claims by Fannie Mae and Freddie Mac. [read post]
3 Oct 2010, 3:56 pm
The Federal Housing Finance Agency proposed a similar rule which could prohibit Fannie Mae and Freddie Mac from insuring or purchasing mortgages that include private transfer fees. [read post]
3 Oct 2010, 4:25 am
Chase also offered more than 304,000 modifications through Fannie Mae and Freddie Mac, but only 20 percent were approved through these programs and just 15 percent received a permanent modification. [read post]
3 Oct 2010, 12:49 am
Regardless, a court-ordered foreclosure sale took place and the home was purchased by Fannie Mae, a government-backed lender. [read post]
2 Oct 2010, 9:46 am
” See “Bank of America slows foreclosures as Fannie Mae steps in. [read post]
2 Oct 2010, 7:19 am
CHANGE: Bank of America slows foreclosures as Fannie Mae steps in: Foreclosure crisis turmoil deepens in South Florida, across nation. [read post]
1 Oct 2010, 8:45 am
Massachusetts Congressman Barney Frank, Chairman of the House Financial Services Committee, urged Fannie Mae, the federal agency that buys mortgages on the secondary market, to half their work with "foreclosure mill" law firms that do not verify documentation before filing lawsuits to foreclose on homeowners. [read post]
30 Sep 2010, 10:42 pm
Politico reports here on a decision of the DC District Court, denying Judicial Watch's request for Fannie Mae and Freddie Mac's records concerning campaign contributions.... [read post]
30 Sep 2010, 10:35 am
According to Judicial Watch’s motion filed on March 5, 2009, Fannie and Freddie are no longer private enterprises, and therefore their records should be subject to FOIA law: Until they were seized by FHFA in September 2008, Fannie Mae and Freddie Mac were private corporations with independent directors, officers, and shareholders. [read post]
30 Sep 2010, 8:11 am
Leading the charge to make originators repurchase their loans are Fannie Mae and Freddie Mac, the two government-owned finance agencies that guaranteed the mortgages. [read post]
30 Sep 2010, 6:42 am
Mortgage lenders no longer have to pull a second credit report before closing on a loan, according to Fannie Mae. [read post]
28 Sep 2010, 5:56 am
Read More: The Catch-22 Impact of New Fannie Mae Condominium Regulations. [read post]
27 Sep 2010, 9:54 am
In an effort to step up the unloading of these properties, FANNIE has created its First Look program. [read post]
27 Sep 2010, 7:38 am
In this case, Chase attempted to foreclose on a home, when the mortgage note was actually owned by Fannie Mae. [read post]
27 Sep 2010, 3:00 am
This progress came to an abrupt halt in June 2010, when the Federal Housing Financing Authority (FHFA) dropped this news: Properties with PACE loans cannot be purchased by mortgage giants Fannie Mae and Freddie Mac. [read post]
