Search results
Results from the WOW.Com Content Network
At the federal level, the Federal Housing Finance Agency [69] ("FHFA") issued a final rule (codified at 12 C.F.R. Part 1228) [70] regulating Fannie Mae, Freddie Mac and the Federal Home Loan Board banks' purchase of securities backed by mortgages on properties encumbered by certain private transfer fee covenants, as well as securities backed by ...
The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (or FHEFSSA, Pub. L. 102–550, title XIII of the Housing and Community Development Act of 1992, H.R. 5334, Oct. 28, 1992, 106 Stat. 3941, 12 U.S.C. § 4501 et seq.).
Fannie Mae's foreclosure prevention efforts have generally been made available to a borrower only after a delinquency occurs. Under Fannie Mae's new guidance, loan servicers can use foreclosure prevention tools to assist distressed borrowers when a borrower demonstrates the need. As noted above, these guidelines apply to borrowers who are still ...
The Federal Housing Finance Agency announced last week that Fannie Mae and Freddie Mac will be eliminating the Adverse Market Refinance Fee for loan deliveries effective August 1, 2021. This ...
Fannie Mae has quietly scrapped a plan that could have saved Americans thousands of dollars in housing costs, according to multiple reports. With the objective of making housing more affordable ...
The Miami Herald reported in December mortgage lenders Fannie Mae and Freddie Mac maintain a list of condominiums unapproved for the acquisition of loans.
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, ...
The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.