Topic: Fannie Mae

Fannie Mae tightens standards for adjustable-rate, interest-only loansBattered by a tidal wave of loan defaults, mortgage finance company Fannie Mae is tightening standards for the adjustable-rate and interest-only loans that fed the housing boom and contributed to the bust.The company said Friday ...

WASHINGTON (Reuters) - The former chief of Fannie Mae, the top U.S. mortgage finance company whose purchase of risky home loans led to a massive government bailout, on Friday apologized for the company's failings and shouldered the blame.But even as Daniel Mudd, ...

Last week I posted a Bloomberg news article supporting my suspicions that investors are putting bad loans back to the banks at an increasing rate. Delinquency rates for first lien mortgages on the other hand decreased by 7bps to 5.6%, for the ...

Gov't restates support for Fannie Freddie after lawmaker's comments rattle investors The Treasury Department was forced Friday to reiterate its financial support for Fannie Mae and Freddie Mac after a key lawmaker rattled investors by pointing out that their debt does not ...

Yes, you can apply for a loan modification while in bankruptcy.. Some lenders or mortgage servicing companies will actually solicit your loan for a loan modification. You may have to add a Hardship letter or fill out the hardship affidavit (which can ...

Why hasn?t your property sold? Let?s assume, first of all, that you are working with a professional Realtor and that you have listed your property at a reasonable price based on the sales of similar properties that have sold in your neighborhood ...

We have spent the larger part of the last year focusing on how to fix health care, but no plan on the table actually fixes it. Even if you are insured, you'll pay less for the same procedure than someone in Medicare. ...

Many of us are eligible for Obama's new loan modification program and just don't know where to start to reduce our mortgage expenses! Find out whether your mortgage is owned by Fannie Mae or Freddie Mac. These are government agencies that purchase ...

For Comex gold the weekly chart profile stays negative with weekly closes below the five-week modified moving average at $937. Comex copper shifts to negative on its weekly chart, given a close on Friday below the five-week modified moving average at 220.75. ...

WASHINGTON (Reuters) - The Obama administration on Wednesday expanded its foreclosure prevention efforts to help a greater number of underwater homeowners refinance their mortgages.Under the widened program, mortgage finance companies Fannie Mae < The decline in prices has pushed an increasing number ...