-
Tennessee Supreme Court Clarifies Standing Law and Eliminates Wrongful Foreclosure as a Cause of Action in a Big Win for Mortgage Industry
22 Nov 2024 22:54 GMT
… than an amorphous “wrongful foreclosure” claim, and, significantly, … trust was a standard Fannie Mae/Freddie Mac Uniform … of contract and wrongful foreclosure claims. Case appealed, … committing an amorphous “wrongful foreclosure” violation, but instead …
-
Fannie Mae’s new version of DU to focus on credit risks
21 Nov 2024 02:01 GMT
… in its assessment functionality.
Fannie Mae said that DU version … which often includes bankruptcies, foreclosures, short sales and charge- … a new loan salable to Fannie Mae,” the release notes explain … period requirements for a foreclosure or bankruptcy, [the …
-
Fannie Mae CEO says she has never seen a housing market like this before
17 Oct 2024 18:23 GMT
… the chief executive of Fannie Mae FNMA, a government-sponsored … stalled the housing market. Fannie Mae’s economists expect only … .
Climate risk is something Fannie Mae is monitoring closely, Almodovar … impose a moratorium on foreclosures of mortgages insured by …
-
Fannie Mae, Freddie Mac extend mortgage relief after Hurricane Milton
15 Oct 2024 15:09 GMT
… , including personalized support, by contacting Fannie Mae’s free disaster recovery counseling … ’t incur late fees, and foreclosure proceedings will be paused. In … also eligible for disaster assistance.
Fannie Mae has set up a disaster …
-
Fannie Mae, Freddie Mac, HUD talk Hurricane Helene relief details
01 Oct 2024 17:09 GMT
Fannie Mae, Freddie Mac and … imposing a 90-day foreclosure moratorium on mortgages backed … servicer directly to receive foreclosure assistance.
Fannie Mae and Freddie Mac … government-sponsored enterprises said.
Fannie Mae also reminded servicers in instances …
-
Fannie Mae sues multifamily landlord for over $60 million
17 Sep 2024 18:10 GMT
… and nearby Delaware County. Fannie Mae is suing Pulley, who … enterprise also is seeking foreclosure and sale on the apartment … Lucifer Management Corp.
Both Fannie Mae and a law firm representing … on the litigation.
The Fannie Mae lawsuit is the latest in …
-
Foreclosure process begins on condemned Watertown apartment building
18 Oct 2024 22:27 GMT
… New York (WWNY) - The foreclosure process has started in court … from earlier this month, the Fannie Mae finance company indicated it plans … between a notice of pending foreclosure, like the one that … no set date for the foreclosure.
Copyright 2024 WWNY. All …
-
U.S. Housing Finance Support At A Crossroads
20 Nov 2024 19:57 GMT
… 6, 2008, in Henderson, Nevada. Foreclosures that year ... [+] fueled a mortgage … primary function of the GSEs, Fannie Mae and Freddie Mac, is to …
-
Why the 30-year fixed-rate mortgage isn’t going away under Trump
20 Nov 2024 16:08 GMT
… lost homes during the national foreclosure crisis from 2007 to … housing giants Freddie Mac and Fannie Mae under a second Trump … giants Freddie Mac FMCC, Fannie Mae FNMA and Ginnie Mae. … COVID, including the pause in foreclosures through July 2021, helped …
-
Fannie Mae, Freddie LTV gap in nonperforming loans shrinks
20 Jun 2024 18:36 GMT
… point to higher home equity.
Fannie Mae and Freddie Mac also collectively … reperforming loan programs with new foreclosure prevention measures and additional reporting … .
The strategy that staved off foreclosure most often remained permanent modification …