Posts Tagged mortgage


BRIEF-Fannie Mae ‍announces enhanced Adjustable-Rate Mortgage loan ​

Sept 18 (Reuters) – Federal National Mortgage Association : * Announced a newly enhanced Hybrid Adjustable-Rate Mortgage loan aimed at serving small-loan multifamily borrowers​ * Fannie Mae’s Hybrid ARM is a fully amortizing loan with options for a fixed rate in first five, seven, or 10 years​ * Financing will be available for properties with […]

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Fix for Mortgage Giants Fannie Mae, Freddie Mac Returns to Back Burner

Mortgage-finance giants Fannie Mae and Freddie Mac, which have been under government control since the financial crisis, don’t appear to be getting a new life as quickly as some had hoped might happen under a Trump presidency. Overhauling the two companies remains a back-burner issue for the Trump administration and Congress, crowded out by matters […]

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Mortgage and banking groups express concern over efforts to derail …

Fifteen mortgage and banking groups expressed concern that there are efforts to derail a comprehensive overhaul of mortgage giants Fannie Mae and Freddie Mac. The groups on Thursday wrote a letter to Treasury Secretary Steven MnuchinSteven Terner MnuchinOvernight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | […]

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Fannie Mae raises 2017 growth outlook

Most Read The Many Ways to Be Relieved of Your Timeshare Obligations While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This misconception is perpetuated […]

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Playing Russian Roulette With The US Housing Finance System

Can Stock Photo Forcing Fannie Mae and Freddie Mac into another bailout is an irresponsible game of chance. Last month, Mel Watt, director of the Federal Housing Finance Agency (FHFA), announced that the two mortgage giants, Fannie Mae and Freddie Mac, could require a federal bailout of as much as $100 billion in the event […]

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Fannie Mae Sells Over 10,000 Loans: UPB $2.5 Billion – DSNews

Fannie Mae disclosed the result of its fourth reperforming loan sale recently. The deal was originally announced back on August 10, 2017, and included 10,700 loans totaling and unpaid principle balance (UPB) of $2.43 billion. The loans were divided up into three pools, broken down in the following: The first pool consisted of 4,200 loans […]

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Fannie Mae Announces Enhanced Hybrid Adjustable-Rate Mortgage for Small-Loan Multifamily Borrowers

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Why Fannie Mae and Freddie Mac Stock Jumped 11% Today

What happened Shares of Fannie Mae (NASDAQOTH:FNMA) and Freddie Mac (NASDAQOTH:FMCC) are up by more than 11% as of 3:10 p.m. EDT, after six Democratic senators wrote a letter to Treasury Secretary Steven Mnuchin and Federal Housing Finance Agency Director Mel Watt, asking them to address Fannie and Freddie’s low levels of capital. The senators […]

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Fannie Mae selling $2.43 billion in re-performing loans to Goldman …

Fannie Mae just announced the results of its fourth re-performing loan sale, and the winning bidder is a familiar name – MTGLQ Investors. MTGLQ Investors is a “significant subsidiary” of Goldman Sachs, and over the last few years, Goldman Sachs has used MTGLQ Investors to buy up loans from both of the government-sponsored enterprises by […]

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Fannie Mae Offers Relief Options for Homeowners and Servicers in …

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