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Yesterday, Fannie Mae and Freddie Mac issued instructions to servicers on replacement indices for their legacy single-family mortgage loans with 1-month, 6-month, and 1-year LIBOR indices. [read post]
27 Dec 2022, 4:00 am by Wayne Watkinson, Esq.
Further, there was ambiguity as to whether the loan originator could act as a sales agent when even originating a conventional Fannie/Freddie loan. [read post]
22 Dec 2022, 10:48 am by Richard J. Andreano, Jr.
Following the adoption by the Federal Reserve Board of a final rule under the Adjustable Interest Rate (LIBOR) Act, Fannie Mae and Freddie Mac have announced replacement indices for their legacy London Interbank Offered Rate (LIBOR)-based loans and securities. [read post]
17 Dec 2022, 4:34 am by Travis Eller
A recent Court of Appeals decision requires a 30-day notice to pay rent or vacate for any residential property with a federally-backed loan (FHA, Fannie Mae, Freddie Mac, etc.). [read post]
15 Dec 2022, 4:50 pm by Associated Press
Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate inched ... [read post]
15 Dec 2022, 6:50 am by Silver Law Group
Freddie Mac Government-sponsored mortgage finance company Freddie Mac made headlines in June 2003 when it disclosed that it had misstated earnings by more than $5 billion from 2000 to 2002. [read post]
9 Dec 2022, 8:11 am by Nedim Malovic
An example of this is Queen’s world-famous song “We are the Champions”, which has been repeatedly used by the Republican party in the US, despite the differences between the ‘average’ Republican voter and Freddie Mercury and his lifestyle. [read post]
8 Dec 2022, 12:22 pm by David Reiss
Most residential loans are backed by the government-sponsored enterprises Fannie Mae and Freddie Mac or the Federal Housing Administration. [read post]
5 Dec 2022, 8:45 am by Richard J. Andreano, Jr.
  We recently reported on the residential mortgage loan limits for loans purchased by Fannie Mae and Freddie Mac in 2023. [read post]
4 Dec 2022, 4:00 pm by Lisa S. Boehm
No True Up Example: Freddie Frontloader, Steady Eddie, and Bobby Backloader each have annual compensation of $78,000, and each wishes to defer $3,900 for the year. [read post]
2 Dec 2022, 12:36 pm by Richard J. Andreano, Jr.
., non-government insured or guaranteed loans eligible for sale to Fannie Mae or Freddie Mac) originated to the prime borrowers. [read post]
30 Nov 2022, 9:24 am by Richard J. Andreano, Jr.
The Federal Housing Finance Agency (FHFA) recently announced the conforming loan limits for residential mortgage loans acquired by Fannie Mae and Freddie Mac in 2023. [read post]
26 Nov 2022, 5:24 am by Jack Bogdanski
Meyer (nobody called him "Freddy") is rolling over in his grave. [read post]
8 Nov 2022, 1:15 am by Aaron Moss
A new crop of copyrighted works (including rights in a certain famous British detective) will enter the public domain in the United States on January 1, 2023. [read post]
4 Nov 2022, 1:45 pm by Richard J. Andreano, Jr.
Lenders selling loans to Fannie Mae and Freddie Mac must submit appraisal information in the UAD format. [read post]
1 Nov 2022, 7:13 am by travisscotteller
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 by Loran Kilson
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]
30 Oct 2022, 10:01 am by jonathanturley
Here is my annual list of Halloween torts and crimes. [read post]