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2 Nov 2022, 6:52 pm
That is something I learned in the pandemic when my team at Fannie Mae was called upon to develop and deploy at massive scale forbearance, deferred payment, and modification programs to address the needs of homeowners and tenants in economic distress due to COVID. [read post]
1 Nov 2022, 7:13 am
If your rental property has an FHA or Fannie Mae, Freddie Mac, or other federally-backed loans, or your tenant receives Section 8 your property is covered by the CARES Act. [read post]
31 Oct 2022, 8:29 am
Recently, the Federal Housing Finance Agency (FHFA) announced the approval of two new credit scoring models, the FICO 10T and the VantageScore 4.0 for use by Fannie Mae and Freddie Mac (the GSEs or Enterprises). [read post]
7 Oct 2022, 12:30 pm
We mean the third amendment to the stock agreements between the Treasury Department and Fannie Mae and Freddie Mac made after the 2008 financial crisis. [read post]
23 Aug 2022, 6:20 am
Berkeley Point is one of the few agency lenders preapproved to originate and underwrite loans for Fannie Mae and Freddie Mac. [read post]
19 Aug 2022, 3:40 pm
The post Fannie Mae and Freddie Mac shareholders return to the court after <em>Collins</em> appeared first on SCOTUSblog. [read post]
11 Aug 2022, 8:33 am
On the topic, Freddie Mac issued Bulletin 2022-17, and Fannie Mae issued Servicing Guide Announcement SVC-2022-06. [read post]
28 Jul 2022, 3:00 am
… Fannie Mae and Freddie Mac require that property insurance policies for properties with a mortgage backed by Fannie Mae or Freddie Mac must be written by an insurer meeting financial rating requirements. [read post]
25 Jul 2022, 9:57 am
For more recent closed-end adjustable-rate notes that use a LIBOR-based index, Fannie Mae and Freddie Mac adopted fallback language that would require the noteholder to replace a LIBOR-based index with the SOFR-based index designated in the Fed’s proposal. [read post]
16 Jun 2022, 8:20 am
Under new guidelines, lenders may not be able to resell their loans to the “quasi-government” financing agencies such as Fannie Mae, who provide the bulk of support for condominium and townhouse loans. [read post]
15 Jun 2022, 11:32 am
” Moreover, the federal agents are open to working with other investigators, either at sister federal agencies (think Fannie Mae, for instance) or those at the state or local levels: “[t]he FBI seeks to maximize its impact on the mortgage fraud and financial institution fraud as a whole thorough collaboration. [read post]
24 May 2022, 2:17 pm
Fannie Mae revised new homes sales for March down to 709,000 from an earlier estimate of 763,000. [read post]
4 May 2022, 8:19 am
The CFPB has released the Spring 2022 edition of its Supervisory Highlights. [read post]
3 May 2022, 11:55 am
However, a version of the SCIF with a May 2022 date is currently available on Fannie Mae’s website. [read post]
25 Apr 2022, 11:30 am
Effective early this year Fannie Mae and Freddie Mac, the two largest purchasers of residential real estate mortgages from lenders, started requiring information regarding the structural integrity and plans for addressing deferred maintenance for almost all condominium buildings. [read post]
25 Apr 2022, 11:30 am
Effective early this year Fannie Mae and Freddie Mac, the two largest purchasers of residential real estate mortgages from lenders, started requiring information regarding the structural integrity and plans for addressing deferred maintenance for almost all condominium buildings. [read post]
24 Apr 2022, 5:09 pm
Attorneys currently regularly do very similar climate change work not only for existing SEC required climate disclosures but giving opinions of counsel for other federal and state government instrumentalities, including possibly most often in the realm of green mortgage finance to HUD, Fannie Mae and Freddie Mac (.. accountants cannot provide those certifications). [read post]
7 Apr 2022, 12:03 pm
Fannie Mae and Freddie Mac have issued guidance documents implementing this requirement in Updated Lender Letter 2021-01 and Bulletin 2022-8, respectively. [read post]
7 Apr 2022, 8:29 am
The Federal Housing Finance Agency announced yesterday that Fannie Mae and Freddie Mac will require servicers to suspend foreclosure activities for up to 60 days if the servicer has been notified that a borrower has applied for assistance from the Treasury Department’s Homeowner Assistance Fund (HAF). [read post]
22 Mar 2022, 12:34 pm
Corporation (NYSE: FNB), announced Tuesday that it has expanded its Affordable Mortgage offerings with two new refinance programs, Fannie Mae RefiNow and Freddie Mac Refi Possible, which are now available in Baltimore. [read post]
