Search for: "Federal Mortgage Association (Fannie Mae)"
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2 May 2024, 1:22 pm
The U.S. government committed approximately $182 billion to bail out AIG, $187 billion to bail out Fannie Mae and Freddie Mac, $40 billion to Bank of America and Citigroup, and an additional $30 billion to incentive JP Morgan Chase to buy Bear Sterns. [read post]
24 Dec 2023, 10:29 am
The article, which is titled “Fannie Mae and Freddie Mac to Add Transparency to Condo Lending Blacklists,” focuses on the news from a recent Herald article on the confidential blacklists of condominium communities by the government-sponsored Fannie Mae and Freddie Mac mortgage buyers and backers behind more than 70 percent of all U.S. residential loans. [read post]
27 Aug 2023, 9:53 am
As I indicated, Fannie Mae’s exclusionary list of condominiums is also unavailable to associations and the public. [read post]
27 Aug 2023, 9:53 am
As I indicated, Fannie Mae’s exclusionary list of condominiums is also unavailable to associations and the public. [read post]
27 Aug 2023, 12:00 am
As I indicated, Fannie Mae’s exclusionary list of condominiums is also unavailable to associations and the public. [read post]
9 Aug 2023, 12:11 pm
Jumbo Loan A jumbo loan is used for higher-priced properties that exceed the conventional loan limits set by Fannie Mae and Freddie Mac. [read post]
27 Jun 2023, 9:05 pm
Nevertheless, there is little oversight over how entities like Fannie Mae and the Federal Housing and Finance Administration license the climate risk data underlying their own longer-term risk assessments from non-governmental third parties. [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]
28 Jul 2022, 3:00 am
This unprecedented solution would allow insurers to meet an exception offered by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) and ensures Floridians can maintain coverage during hurricane season. [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 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]
14 Feb 2022, 1:07 pm
Role of Fannie and Freddie in Mortgage Lending Fannie Mae and Freddie Mac are two governmental entities that guarantee mortgage loans for residential properties, like condominiums and homeowners’ associations. [read post]
24 Aug 2021, 11:24 am
This program is available for mortgages owned or guaranteed by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
7 Jul 2021, 12:57 pm
While the CARES Act applied to “federally backed mortgage loans” (i.e., FHA, VA, USDA, Fannie or Freddie program loans), the provisions in the Final Rule apply to closed-end residential mortgage loans, that are “federally-related mortgage loans” subject to RESPA, and are secured by the borrower’s principal residence. [read post]
15 Feb 2021, 11:16 am
Fannie Mae (the Federal National Mortgage Association) has now come out with a range of options for the borrower after the forbearance period ends. 1. [read post]
13 Jan 2021, 7:21 am
Front and center were the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
30 Dec 2020, 11:24 am
The Federal Housing Finance Agency (FHFA) recently issued a request for information (RFI) seeking input on appraisal-related policies, practices and processes in connection with home mortgage loans. [read post]
9 Dec 2020, 3:00 am
Background The Federal National Mortgage Association, also known by the nickname Fannie Mae, and the Federal Home Loan Mortgage Corporation, known as Freddie Mac, are publicly traded companies created by Congress with private shareholders. [read post]
6 Oct 2020, 10:32 am
Facts of the Case In 2008, Congress enacted the Housing and Economic Recovery Act (HERA), which created the Federal Housing Finance Agency (FHFA) as an independent agency to oversee the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
5 Oct 2020, 11:08 am
Fannie Mae’s HomePath program helps homebuyers purchase properties the government-sponsored mortgage buyer has foreclosed on, Reiss says. [read post]
