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  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]
23 Jul 2022, 7:21 am by Chip Merlin
For years, Joe Petrelli has unsuccessfully tried to convince Fannie and Freddie to accept Demotech’s ‘S Substantial’ rating. [read post]
22 Jul 2022, 5:35 am by Chip Merlin
’ Weiss said the open Hurricane Irma claims and Sawgrass Mutual failure raise ‘serious questions for consumers and regulators,’ such as why they occurred despite the ratings deemed acceptable by Freddie Mac and Fannie May? [read post]
14 Jul 2022, 9:01 pm by News Desk
Manufacturers have developed various formulations to increase this bioavailability and thereby enhance the effects of curcumin,” said Fanny Huret, coordinator of the expert appraisal at ANSES. [read post]
29 Jun 2022, 8:55 am by Lawrence Solum
., John Lewis, Lamar Smith, Fannie Lou Hamer, and Viola Liuzzo have nourished the tree of liberty. [read post]
16 Jun 2022, 8:20 am by Chris Sutton
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 by Michael Lowe
” 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 by Mark Ashton
Fannie Mae revised new homes sales for March down to 709,000 from an earlier estimate of 763,000. [read post]
3 May 2022, 11:55 am by Richard J. Andreano, Jr.
  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 by Steven E. Black
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 by Steven E. Black
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 by Stuart Kaplow
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 by Reid F. Herlihy
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 by Reid F. Herlihy
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]