Search for: "FEDERAL HOME LOAN MORTGAGE ASSOCIATION"
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20 Jan 2011, 11:27 am
There are a number of problems associated with loans, loan modifications and the banking and mortgage lending industries handling of foreclosures in Northern California. [read post]
15 Oct 2019, 6:31 am
After the TCJA, home equity loans are now included within the mortgage’s principal, and interest is only deductible if used to build or improve a qualifying residence.[10] Home Mortgage Interest Deduction by the Numbers The U.S. [read post]
11 Jun 2011, 11:12 pm
Many folks with less-than-perfect credit and little cash have turned to Federal Housing Administration (FHA) and Veterans Affairs (VA) loans for their home financing needs. [read post]
31 Jan 2017, 3:58 am
The US Court of Appeals for the Federal Circuit [official website] ruled [order, PDF] Monday that the federal government, which took control of the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) [official websites], may withhold certain documents sought in a suit filed by shareholders. [read post]
29 Jun 2011, 9:44 pm
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEToday the National Association of Home Builders released its own study claiming that lowering the loan limits at Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA), will reduce housing demand and place downward pressure on home prices in major housing markets. [read post]
6 May 2009, 6:51 pm
The highest court in South Carolina temporarily suspended thousands of sales of foreclosed home May 5, the Associated Press reported. [read post]
29 Aug 2013, 6:37 am
Federal Housing Administration insures these mortgages and has power to regulate how they work. [read post]
1 Jul 2011, 10:16 am
The Home Equity Conversion Mortgage (HECM) Saver option is a relatively new program offered through the Federal Housing Administration (FHA). [read post]
15 Apr 2024, 5:45 am
Types of Reverse Mortgages: Home Equity Conversion Mortgage (HECM): The most common type insured by the Federal Housing Administration (FHA). [read post]
25 Feb 2010, 7:27 am
The Mortgage Bankers Association (MBA) announced today a proposal for a new voluntary forbearance program that would allow qualified borrowers who have lost their jobs to remain in their homes while they seek new employment.According to the proposal, loan servicers would reduce the borrower's mortgage payment to an affordable amount for up to nine months while the homeowner seeks employment. [read post]
22 Mar 2010, 2:02 pm
Brace yourselves folks, Associated Press is reporting that borrowers who apply for mortgage relief under the federal government's Making Home Affordable program (HAMP) are likely to see their credit scores drop about 100 points.Credit rating agencies are lowering scores on the theory that only borrowers experiencing financial troubles avail themselves of the HAMP program, (designed to help them restructure the terms of their home mortgage… [read post]
22 Dec 2011, 10:45 am
The SEC has charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal holdings of higher-risk mortgage loans, including subprime loans.Fannie Mae and Freddie Mac each entered into a Non-Prosecution Agreement… [read post]
9 Jan 2015, 9:19 am
This scheme resulted in losses to mortgage lenders, including The Federal National Mortgage Association (Fannie Mae) and The Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
29 May 2009, 1:12 pm
The RESPA disclosure applies to all federally related mortgage loans, not merely loans secured by a borrower's principal dwelling. [read post]
4 Feb 2010, 9:52 am
The federal Department of Treasury announced new guidelines to streamline mortgage application processes for all mortgage applicants, including those in Boston and Massachusetts who apply for a mortgage associated with Fannie Mae or Freddie Mac. [read post]
1 Feb 2024, 1:41 pm
(https://www.kennedy24.com/help-buying-homes-video).The Federal Housing Administration (“FHA”), U.S. [read post]
6 Aug 2010, 2:31 am
Presently many borrowers have no equity (or negative equity) in their homes, and due to the securitization of loans through the secondary mortgage market, few originating lenders retain a stake in the loans they create. [read post]
12 Sep 2013, 12:58 pm
Other commentators have suggested that, because many of the loans identified by Richmond are performing, the relevant value inquiry is not the value of the security (i.e., the home), but the value of the income stream. [read post]
1 Dec 2011, 6:39 am
Wachoiva Mortgage Corporation financed these eight loans for about $2.5 million. [read post]
16 Dec 2011, 8:24 am
The SEC charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal... [read post]
