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29 Oct 2012, 1:03 am
One likely defense available to BofA relates to the timing of the alleged false claims: the immediate victims of Countrywide’s alleged misconduct were the private corporations originally incorporated by the government, Fannie Mae and Freddie Mac, whose subsequent federal takeover constituted taxpayer-funded bailouts. [read post]
10 Nov 2008, 8:01 am
A women connected with both the failure to stop 9/11 and the Fannie/Freddie crisis. [read post]
23 Oct 2008, 9:00 pm
Fannie. [read post]
28 Nov 2011, 2:53 pm
Several members of Congress have asked mortgage regulators including FHA and FHFA, the overseer of Fannie Mae and Freddie Mac, to determine how many families may unwittingly have breached their mortgage terms, and presumably what can be done to balance the risks to lenders with the potentially harsh consequences for families. [read post]
10 Sep 2009, 9:34 am
Mayopoulos signed a severance agreement requiring confidentiality and has since joined Fannie Mae in D.C., acting as general counsel.Good stuff! [read post]
24 Dec 2010, 11:15 pm
The law firms trouble began when Fannie Mae, one of its largest clients announced that it would no longer be referring cases to the firm, then announcing a few weeks later that it was pulling all its cases. [read post]
8 Sep 2008, 12:13 pm
So I woke up on this beautiful day and decided to post on the GSE bailout, even though it's already inspired so much commentary that one could read for the collective lifetimes of the Presidential/VP candidates' children (that's 12 kids for the McCain-Palin ticket alone) and still not get through it all.The federal government's "implied guarantee" of Fannie and Freddie has turned out to be one stupendously expensive oxymoron.At a 2004 Senate Banking Committee… [read post]
16 Feb 2011, 4:30 am
Attorney Heekin’s primary points in favor of short sales are that you might be able to qualify for a FHA or Fannie Mae mortgage quicker if your bankruptcy case is followed by a short sale, instead of a foreclosure on the property. [read post]
20 Mar 2025, 7:04 pm
” See also via Fannie Mae – Credit Information Providers. [read post]
6 Oct 2014, 5:36 pm
S.G., the sue-and-be sued clause in Fannie Mae's federal charter confers federal question jurisdiction over claims brought by or against Fannie Mae. [read post]
6 Aug 2010, 7:23 am
And, as Bloomberg’s Lorraine Woellert notes in this June article, Fannie Mae — which with Freddie Mac backs a huge proportion of U.S. mortgages — is warning that homeowners who do the same thing “will be banned from obtaining new mortgages backed by Fannie Mae for seven years from the date of foreclosure…” Here’s the reasoning: “Walking away from a mortgage is bad for borrowers and bad for communities,” Terence Edwards,… [read post]
26 Jan 2011, 7:57 pm
Time and time again, Frank insisted that Fannie Mae and Freddie Mac were in good shape. [read post]
7 Feb 2018, 11:56 am
Fannie Mae, FHA and VA all require that condominium associations have sufficient replacement reserves in order for these agencies to insure loans for the sale or refinance of units. [read post]
10 May 2011, 8:00 am
After foreclosing and taking title, Fannie Mae filed a summary process (i.e. eviction) action. [read post]
10 May 2011, 8:00 am
After foreclosing and taking title, Fannie Mae filed a summary process (i.e. eviction) action. [read post]
26 Jul 2010, 8:13 pm
” And about Fannie and Freddie, he was sure the two mortgage giants were safe and sound, like a bug in a rug… as my grandmother used to say. [read post]
1 Dec 2008, 6:06 pm
This in a nutshell is the story of Fannie Mae and Freddie Mac. [read post]
5 Mar 2012, 2:51 pm
Use of the plan in GSE Fannie Mae and Freddie Mac owned and insured loans would reduce both taxpayer and federal government liability. [read post]
25 Feb 2021, 2:10 pm
” He also notes that “[a]n extension of the compliance deadline would allow lenders more time in which they could make QM loans based on a debt-to-income ratio or whether the loans are eligible for sale to Fannie Mae or Freddie Mac, and not just a pricing cut off. [read post]
26 Jul 2014, 6:16 am
Fannie Mae and Freddie Mac, which have been under the agency's conservatorship since 2008, lost an estimated $168 million from the fees in 2012 alone, according to the report. [read post]