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15 Dec 2014, 6:39 am
The Federal National Mortgage Association (“FNMA” or “Fannie Mae”), as of December 13, 2014, and Federal Home Loan Mortgage Corporation (“FHLMC” or “Freddie Mac”) as of March 23, 2015 will back loans with 3 percent down payments for first-time home buyers. [read post]
17 Oct 2009, 6:29 am
Excerpt:The chart below shows that Baby Boomers will cede the majority of the workforce by 2015 to the Millennials. [read post]
9 Apr 2012, 8:22 pm
As icing on the cake, the law also blocks bonuses to Fannie Mae (FNMA) and Freddie Mac (FMCC) executives while each company remains under government conservatorship. [read post]
3 May 2012, 2:43 pm by Andrew Pompa
BofA has taken a hard stance against buying back allegedly deficient loans from Fannie Mae, which in turn has soured a relationship that once pumped as much air into the housing bubble as any other (the relationship between Countrywide and FNMA, before the former crumbled into BofA). [read post]
14 Dec 2008, 8:40 pm
I don't think he is in the pocket of FNMA/GNMA in quite the way the Wall Street Journal would have us believe (though I have to keep reminding myself: just because the Journal believes it doesn't mean it's wrong). [read post]
10 Apr 2015, 8:00 pm by The Clinton Law Firm
Appellees retort that fixed fees are contemplated under the FNMA servicing guide, which sets the maximum foreclosure fee, or cap, for attorneys’ fees at $1,650. [read post]
4 Jun 2013, 9:31 am by Allison Tussey
“It is clear from the evidence that, from day one, respondent never intended on returning the Cobalt CMO or the FNMA CMO or the interest income they generated to the rightful owners,” Judge Platel wrote in the April 17, 2013, decision. [read post]
8 Nov 2010, 9:18 pm
I attempted to call FNMA's attorneys numerous times; I never got through. [read post]
7 Jan 2010, 11:46 am by Page Perry LLC
According to the award, the investments were GMAC bonds and “Smart Notes” and FNMA and GNMA Mortgage Preferred Series and “pass-throughs,” all bought on margin. [read post]
4 Oct 2011, 8:22 am
In fact, with respect to the Federal National Mortgage Association Series T 8.25% non-cumulative preferred stock, Wachovia Securities acted as one of the lead underwriters in May 2008 selling 14.7 million shares or $367 million of FNMA preferred to its customers, and realizing commissions in excess of $18 million. [read post]
26 Jun 2011, 3:16 am by Mandelman
Because of the attention that FNMA’s announcement has gotten from Hawaii, FNMA claims they have now posted more information about their June 10 announcement to servicers in Hawaii. [read post]
26 Sep 2012, 8:59 am by Rich Vetstein
FNMA ruling, the Court should likely make its ruling prospective and not retroactive so as to not disrupt titles in the Commonwealth. [read post]
27 Aug 2010, 9:23 pm
" The issue in the blog and the San Francisco loan site and the news article to which the blog refers say that both FNMA and Freddie Mac (FHLMC) the two largest home loan servicers, are saying they will not purchase or service loans that are made under programs like the San Francisco PACE program which was providing funding for home loans for homes that featured "green" options. [read post]
2 Jul 2007, 7:00 am
THE ROLE OF THE PROBATE REFEREE BENEFITS OF USING REFEREIS IN TRUST AND NON-PROBATE MATTERS TRANSFER OF SMALL ESTATES AND SPOUSAL PROPERTY PETITIONS NEW REQUIREMENT OF VALUATIONS WHENEVER ACCOUNTS ARE REQUIRED TO BE FILED WHAT IS THE INVENTORY AND APPRAISAL -Checklist for preparing the Inventory and Appraisal -What does not go in the Inventory and Appraisal -What goes on Attachment 1 -What goes on Attachment 2 LISTING PARTICULAR ASSETS -The importance of complete information REAL PROPERTY… [read post]
2 Sep 2009, 2:54 pm by Bruce Redman
If the loan is owned by FNMA or FHLMC, or is government insured, the guidelines that have been adapted by those entities apply – the statutory guidelines do not apply. [read post]
19 Sep 2008, 6:30 pm
In the meantime, hear is a nice post from December 2007 from the Consumer Law and Policy blog on these competing choices, highlighting the Center for American Progress proposal.The post: The Center for American Progress is calling for an updated version of the Homeowners Loan Corporation, the New Deal agency that rescued thousands of Americans from foreclosure, and was the predecessor to FNMA and securitization. [read post]
2 Sep 2009, 2:54 pm by Bruce Redman
If the loan is owned by FNMA or FHLMC, or is government insured, the guidelines that have been adapted by those entities apply – the statutory guidelines do not apply. [read post]