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  2. Uniform Residential Appraisal Report - Wikipedia

    en.wikipedia.org/wiki/Uniform_Residential...

    The most current incarnation of the URAR is the Fannie Mae Form 1004 [1] updated for March 2005. It is considered a full appraisal with all three approaches to value, cost approach, sales comparison approach, and income approach. [2]

  3. Loan modification in the United States - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_in_the...

    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 ...

  4. Fannie Mae - Wikipedia

    en.wikipedia.org/wiki/Fannie_Mae

    The necessary restatement was expected to cost $10.8 billion, but was completed at a total cost of $6.3 billion in restated earnings as listed in Fannie Mae's Annual Report on Form 10-K. [75] Concerns with business and accounting practices at Fannie Mae predate the scandal itself.

  5. Flex Modification Program (FMP): Everything you need to know

    www.aol.com/finance/flex-modification-program...

    Step 2: You’ll need to complete and sign the borrower assistance form and Form 4506-C from the IRS, which allows the lender to request a transcript of your tax return.

  6. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Over the past several years, use of "automated underwriting" statistical models has reduced the amount of documentation required from many borrowers. Such automated underwriting engines include Freddie Mac's "Loan Product Advisor" (fka "Loan Prospector") and Fannie Mae's "Desktop Underwriter". For borrowers who have excellent credit and very ...

  7. Fannie Mae quietly scrapped a program that could have saved ...

    www.aol.com/finance/fannie-mae-quietly-scrapped...

    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 ...

  8. Freddie Mac, Fannie Mae backing bigger home loans in 2025 - AOL

    www.aol.com/freddie-mac-fannie-mae-backing...

    The conforming loan limit for mortgages backed by Freddie Mac and Fannie Mae will rise by 5.2% next year to over $ ... The new conforming loan limit value for a one-unit home will be $806,500 next ...

  9. Federal Home Loan Banks - Wikipedia

    en.wikipedia.org/wiki/Federal_Home_Loan_Banks

    For a list of articles discussing the Federal Home Loan Bank System, Fannie Mae, and Freddie Mac, see Fannie Mae and Freddie Mac: A Bibliography. Susan M. Hoffman and Mark K. Cassell, eds. Mission Expansion in the Federal Home Loan Bank System (State University of New York Press; 2010) 208 pages; Thomson, James B. and Matthew Koepke.

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