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10 Jan 2008, 3:00 am
In the past four days, I have seenA lender demand a sales contract be modified to exclude the seller's bar stools from the transactionA lender assert that Fannie Mae guidelines require a 6 unit condo association hire a lawyer to give a written opinion that the association meets all FHA guidelines and is properly organizedAnother lender refuse to consider the rental income generated by a four flat under contract for the purposes of considering the buyer's ability to repay… [read post]
13 Feb 2009, 12:59 pm
Apparently, the predicate cause was its substantial position in certain pillars of financial stability:"Shenandoah Life lost approximately $50 million when the value of its equity position in Fannie Mae and Freddie Mac preferred stock was significantly diminished. [read post]
14 Mar 2012, 6:30 am
To be eligible, HARP 2.0 applicants must have loans owned or guaranteed by Fannie Mae or Freddie Mac, have less than 20% equity and be current on their monthly payments. [read post]
5 Jan 2009, 7:38 am
Fannie Mae Rooks was found dead in her wheelchair in the cold and rain. [read post]
3 Jul 2007, 11:17 am
" · House Bill 1427 deals with "fannie mae" and "Freddie mac" issues · House Bill 1852, in part, would "modify requirements governing the maximum principal loan obligation and cash downpayments by mortgagors in eligibility criteria for mortgage insurance. [read post]
11 Jun 2009, 1:36 pm
Fried, Executive Compensation at Fannie Mae: A Case Study of Perverse Incentives, Nonperformance Pay, and Camouflage [read post]
22 Apr 2007, 1:33 pm
This is a good way to get taxpayers to assume the costs, as few taxpayers understand that loading up the balance sheet of explicitly-guaranteed government agencies like the FHA or implicitly-guaranteed (too-big-to-fail) government sponsored enterprises like Fannie Mae or Freddie Mac with toxic mortgage debt is a form of taxation. [read post]
10 Dec 2008, 3:59 pm
” The email lists specific potential targets for future organizing efforts, including Fannie Mae, Freddie Mac, Chevy Chase/ B.F. [read post]
15 Oct 2009, 1:06 pm
Investors bought up dubious mortgages supported by Fannie Mae and Freddie Mac because they correctly perceived these “government-sponsored entities” as having an “an implicit government guarantee. [read post]
28 Sep 2008, 4:12 pm
Helps save small businesses that need credit by aiding small community banks hurt by the mortgage crisis—allowing these banks to deduct losses from investments in Fannie Mae and Freddie Mac stocks Is there tax relief for consumers? [read post]
10 Jul 2010, 11:55 am
She called the special investigator for the TARP program, Fannie Mae, and even one of Indiana's Senators. [read post]
12 May 2008, 11:39 am
For now, Rogers has said that he is not buying financial stocks and expects an additional drop in the share prices of U.S. investment banks, Fannie Mae, and home builders as the credit crisis reduces investor demand for all but the safest assets such as US Treasury debt. [read post]
30 Mar 2012, 11:30 am
No one wants to see loan failures given the still-too-recent market collapse - particularly where Fannie Mae and Freddie Mac are making the originators buy back problem loans. [read post]
3 Sep 2010, 8:40 pm
The reason is Fannie Mae’s Loan Quality Initiative (LQI) rules which have resulted in lenders pulling last minute credit reports and additional verifications of borrower information. [read post]
6 Nov 2011, 7:58 am
Fannie Mae and Freddie Mac are the archetypes of this symbiosis: they are government-backed forces in the capital markets built around support for the single most important American social program of the blue period: home ownership. . . . [read post]
20 Apr 2020, 9:48 am
In terms of underwriting, 4.9% of Fannie Mae or Freddie Mac borrowers are asking for forbearance. [read post]
14 Sep 2009, 4:33 am
Bank of America, which adheres to the guidelines that Fannie Mae and Freddie Mac set, will let your total debt (including student and other loans) hit 45 percent of your pretax income, but no more.That said, if you end up with an adjustable-rate loan, banks may not be concerned with whether you'll be able to afford the maximum possible payment when the interest rate adjusts in five or seven years. [read post]
16 Apr 2008, 1:12 pm
The MBA group doesn't quote rates for the new "agency jumbos," those of more than $417K but which Fannie Mae and Freddie Mac will buy from now until the end of the year. [read post]
23 Apr 2008, 7:44 pm
"Giovanni's day job is being a Senior Business Analyst at Fannie Mae, but he's also standup comic who appears with the name Slimm Slappy. [read post]
22 Feb 2012, 5:01 pm
Other black lawyers on the council include Kenneth Chenault of American Express, Franklin Raines, Former Chairman of Fannie Mae, and H. [read post]
