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9 Jan 2012, 9:00 pm
A major part of TPTCCA is the provision increasing fees for Fannie Mae and Freddie Mac. [read post]
6 Sep 2017, 7:21 am
Previously, we wrote about guidance from HUD, the Department of Veterans Affairs, Freddie Mac, and Fannie Mae, as well information from the banking agencies regarding Hurricane Harvey.bacon [read post]
7 Apr 2011, 8:14 am
Most first home loans are held by the government-controlled mortgage companies Fannie Mae and Freddie Mac or other investors in mortgage securities. [read post]
13 Feb 2008, 7:27 am
Increase the availability of mortgages by providing a one-year boost to the cap on loans Fannie Mae and Freddie Mac can buy, from $417,000 up to $729,750 in high-cost markets.Information Courtesy of:Assocaited PressThe package amounts to about 1% of U.S. gross domestic product.Taxpayers will not have to apply for the rebate; it would come automatically based on their 2007 tax return.Economists who have analyzed the numbers say it will give the economy a much-needed boost in the… [read post]
26 Apr 2011, 12:23 pm
There have already been dramatic changes to the regulations governing mortgages, observed the ABA, with the result that mortgage loans with lower risk characteristics, which include most mortgage loans being made by community banks today, should be exempted from the risk retention requirements regardless of whether sold to Fannie Mae and Freddie Mac or to private securitizers.Under the proposal, for the loan to qualify for the risk retention exemption, borrowers must make at least… [read post]
27 Jan 2011, 5:15 am
Even though Citigroup, Inc. appears to be pulling out of the depths that caused it to receive a multi-billion dollar government bailout, it potentially faces another round of billion dollar mortgage repurchase requests from Fannie Mae and Freddie Mac, along with other investors that bought mortgage backed securities that contained non-performing mortgages. [read post]
12 Apr 2021, 10:56 am
., FHA, VA, Fannie Mae, or Freddie Mac); Sending certain important communications to borrowers by FedEx, UPS, or other weighted mail options, to help encourage borrowers to open mail that they may otherwise discard as a routine communication; and Providing information in multiple languages to better assist Limited English Proficient borrowers. [read post]
23 Mar 2011, 7:27 pm
Gorelick served as vice chairman of the Federal National Mortgage Association (Fannie Mae) when the government-sponsored enterprise began bundling subprime loans into securitized financial instruments. [read post]
8 Feb 2012, 5:15 am
Gives Fannie Mae and Freddie Mac incentives to reduce principal balances on underwater mortgages. [read post]
6 Mar 2012, 12:13 pm
The Housing and Economic Recovery Act, which led to the conservatorship of Fannie Mae and Freddie Mac, was modeled after banking law, Ledbetter said. [read post]
13 May 2010, 4:53 am
After all, we have an SEC, a Federal Reserve Bank, a Treasury Department, the formerly government sponsored entities Fannie Mae and Freddie Mac, the Census Bureau, many data collection and analysis agencies, and too many congressional committees. [read post]
25 Feb 2015, 10:42 am
The conspirators then inserted false and fraudulent information about the various conspirator-purchasers on mortgage loan applications, or Fannie Mae Form 1003s, that were submitted in support of the loan requests. [read post]
4 Aug 2009, 6:58 am
This amounts to only 9% of delinquent borrowers.The Treasury Department reports that approximately 85% of mortgages are covered by HAMP participating servicers, that 38 servicers have signed servicer participation agreement to modify loans under HAMP and that approximately 2,300 others automatically participate in HAMP as they service loans owned or guaranteed by Fannie Mae or Freddie Mac.The banking industry reportedly spent $42 million on lobbyists to defeat bankruptcy reform… [read post]
6 Jul 2010, 4:25 am
Proposals that are currently floating around, and being pushed by Fannie Mae, and others, include trying to encourage distressed homeowners to find alternatives to foreclosure by banning those who walk away from their home from getting new loans to purchase a home for seven years. [read post]
9 Oct 2010, 1:29 pm
In that case, Chase had attempted to foreclose on a Jacksonville home when the mortgage note was actually owned by Fannie Mae. [read post]
19 Jun 2009, 7:29 am
The Pied Piper of the mortgage calamity was led by Fannie Mae and Freddie Mac.Who was watching them? [read post]
16 Sep 2008, 12:18 pm
(Notably, after leaving WilmerHale in 1995, Kelly became GC at Fannie Mae.) [read post]
10 Aug 2012, 3:28 pm
Fannie Mae is built on the lie that every American is capable of paying a mortgage. [read post]
7 Jun 2012, 12:57 pm
EquityLock Solutions President Ted Rusinoff said DLA Piper is helping his company in its efforts to assist the U.S. government with the sale of formerly foreclosed homes held by Fannie Mae, Freddie Mac and the Federal Housing Administration. [read post]
21 Jul 2011, 4:48 pm
Related posts:Countrywide and Saxon Settle Wrongful Foreclosures Against Military Homeowners Foreclosure Outlook 2011 Fannie Mae: Friend or Foe? [read post]
