Search for: "Federal Mortgage Association (Fannie Mae)"
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8 Apr 2011, 6:15 am
Amid pressure from the Obama administration to put programs into place allowing underwater homeowners to refinance into smaller, government backed loans, quasi-federal mortgage giants Fannie Mae and Freddie Mac have stated that they will not be writing down principle loan balances...unless someone else picks up the tab. [read post]
14 May 2007, 4:21 pm
Federal National Mortgage Association (FNMA or "Fannie Mae") is a federally chartered government sponsored enterprise that provides funds for commercial and residential mortgages. [read post]
5 Jun 2011, 10:27 pm
It also seeks to shed light on the hidden costs of the mortgage insurance program run by the Federal Housing Administration. [read post]
25 Aug 2012, 4:24 pm
As a result, Fannie Mae understated its mortgage exposure risk by hundreds of billions of dollars. [read post]
4 Mar 2010, 5:09 am
Byrne focused his presentation on the new guidelines issues by the Federal Housing Administration ("FHA"), the Federal National Mortgage Agency ("Fannie Mae") and Federal Home Loan Mortgage Corporation ("Freddie Mac") in relation to loans made in condominiums. [read post]
18 Mar 2011, 10:19 am
Legislation reforming the government sponsored enterprises, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), has been introduced by House Financial Services Committee Chairman Spencer Bachus (R-Ala) and Vice Chairman Jeb Hensarling (R-TX). [read post]
3 Jul 2014, 4:17 pm
FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages (AUD-2014-014) - 07/01/2014 “Banks that traditionally service mortgage loans backed by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (the Enterprises) have been selling the rights to service troubled loans (e.g., delinquent or in default)… [read post]
31 Jan 2012, 9:45 am
Notably, the Federal Housing Finance Association, the congressional conservator of the bailed out Fannie Mae and Freddie Mac, filed a rare amicus brief and laid a shot across the SJC’s bow. [read post]
14 Aug 2012, 9:24 am
As a threshold matter, the court said that the Federal National Mortgage Association is not an exempt independent establishment of the United Statesunder Section 3(c) of the Exchange Act. [read post]
23 Mar 2011, 7:18 am
Reduction in Federally Supported Mortgages If the amount of Fannie Mae, Freddie Mac, and FHA loans are reduced as per the proposals, borrowers are going to have to depend more upon their local banks and credit unions. [read post]
8 May 2009, 10:12 am
See entire order below.Ex Parte Federal National Mortgage Association, Petitioner.In Re Federal National Mortgage Association (“Fannie Mae”) Loans Subject to Foreclosure Sale.ORDERPetitioner asks this Court to issue an ex parte temporary injunction1 or restraining order “enjoining all judicial officials in South Carolina conducting foreclosure sales on May 4, 2009 (or the next judicial sales dated) from… [read post]
21 Jun 2018, 9:42 am
According to the plea agreement, Dustin, a licensed real estate broker, owned Home Choice Real Estate (HCRE), a company that contracted with the Federal National Mortgage Association (Fannie Mae) to manage […] The post Woman Pleads Guilty To Wire Fraud appeared first on Mortgage Fraud Blog. [read post]
18 May 2020, 8:21 am
Court of Appeals for the Ninth Circuit recently ruled in favor of the Federal Housing Finance Agency (FHFA), Fannie Mae, and the mortgage loan servicer in a title dispute arising from a homeowner's association (HOA) lien foreclosure. [read post]
23 Mar 2020, 1:20 pm
The announcement last week by Freddie Mac, Fannie Mae and other agencies that they will provide mortgage loan forbearance arrangements for up to 6 months, subject to an extension of an additional 6 months, directly impacts mortgage servicers in two significant respects. [read post]
1 Dec 2009, 5:28 am
It is believed that the FHA, Fannie Mae, Freddie Mac, the Veterans Administration and the Department of Housing and Urban Development account for 90% of the mortgage market. [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]
2 Sep 2008, 8:03 pm
Having now become explicitly government-backed entities, Fannie Mae and Freddie Mac (and their supporters in Congress) can no longer argue that they do not pose a risk to taxpayers. [read post]
2 Feb 2011, 12:46 pm
The Proposed Rule would limit Fannie Mae, Freddie Mac and the Federal Loan Banks from “dealing in mortgages on properties encumbered by certain types of private transfer fee covenants and in certain related securities. [read post]
8 Sep 2008, 1:16 pm
Yesterday, Treasury Secretary Hank Paulson announced a formal rescue plan to take control of troubled mortgage giants Fannie Mae and Freddie Mac and replace the companies’ chief executives. [read post]
20 Oct 2011, 6:10 am
Currently, Fannie Mae and Freddie Mac charge high, risk-based up front fees when refinancing risky mortgage, which the Helping Responsible Homeowner Act of 2011 seeks to eliminate. [read post]
