Fannie

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Latest blogosphere posts tagged “Fannie”

  • Fannie Mae to tighten lending standards


    StupidicaAuthority Authority: 174
    WASHINGTON (Reuters) - Fannie Mae plans to raise minimum credit score requirements next month and limit the amount of overall debt that borrowers can carry relative to their incomes, The Washington Post reported on Thursday. Starting December 12, the automated system that the government-controlled mortgage finance ...
    8 hours ago
  • Democrat House Speaker Pelosi Says Americans Want More Gov. Debt To Get Jobs: Call Her and Tell Her, “Heck No!”


    Gospel of Jesus Christ, The Gift of Eternal LifeAuthority Authority: 125
    Democrat Speaker of the House of Representatives Nancy Pelosi thinks Americans do not have enough government debt, now projected to be a mind-boggling $24 TRILLION in the next ten years , standing presently at $12 TRILLION = $38,956 per PERSON and rising Fast for EACH AND EVERY ...
    16 hours ago
  • Happy Thanksgiving - November 26, 2009


    San Diego BlogAuthority Authority: 129
    The day America sets aside for family, for remembrance. It’s a day of Pilgrims, Native Americans, turkey and pumpkin pie but if it wasn’t for a persistent female magazine editor, we may not have the day to celebrate today. It was Sarah Josepha Hale who really pushed hard for a permanent national Thanksgiving ...
    17 hours ago
  • Federal Housing Administration Encourages More Bad Mortgage Loans


    The Daily Reckoning AustraliaAuthority Authority: 571
    Yesterday was a typical day on Wall Street. The Dow fell a little. Oil slipped a little. The dollar held steady at $1.49 per euro, about where it has been for months. And the price of gold went up. No matter what else happens, gold seems to go up. Watch out, though. This gold market is ready for a correction. As we ...
    19 hours ago
  • 9/11 Text Messages Released: Wikileaks Publishes Intercepted Government Pager Texts As They Were Sent


    War On You: Breaking Alternative NewsAuthority Authority: 579
    Source: Huffington Post Government employees sent more than 500,000 text pager messages In the hours before and after the terrorist attacks of September 11, 2001. At 3 a.m. (EST) Wednesday, November 25, those intercepted messages will be published online at Wikileaks . The messages will be published at the same ...
    20 hours ago
  • Fiscal Calamity Brought On By Clueless Troublemakers


    StupidicaAuthority Authority: 174
    Yesterday was a typical day on Wall Street. The Dow fell a little. Oil slipped a little. The dollar held steady at $1.49 per euro, about where it has been for months. And the price of gold went up. No matter what else happens, gold seems to go up. Watch out, though. This gold market is ready for a correction. As we ...
    1 day ago
  • (FNM) Third Quarter GDP Growth Revised to 2.8%


    Stock Blog HubAuthority Authority: 166
    This is a revision to the post I put up when the first cut at the GDP report came out on 10/30.  In it the new numbers are in bold and the original estimates are put in parentheses, thus a number in parentheses does not mean that it has a negative value (those will have a minus sign in front of them, numbers ...
    1 day ago
  • (BAC) Home Prices Continue to Rise


    Stock Blog HubAuthority Authority: 166
    This morning the S&P Case-Schiller index was released. The Composite 20 index (C-20), which covers 20 of the largest metropolitan areas in the country rose by 0.27% on a seasonally adjusted basis (home prices are seasonal, so the adjusted data is what you should be looking at — most of the press makes a mistake ...
    1 day ago
  • Vampire Squid Loses One


    Skeptical CPAAuthority Authority: 479
    "The US Treasury blocked Fannie Maes proposed sale of nearly $3 billion in low-income housing credits to Goldman Sachs Group Inc. and Berkshire Hathaway Inc. after concluding the deal would lose too much money for taxpayers. The proposed sale would have resulted in a loss of tax revenue that would have been greater ...
    1 day ago
  • We need some changes in regulations for home mortgages.


    InvestmentWatchAuthority Authority: 156
    “Even recent bargain hunters have been hit: 11% of borrowers who took out mortgages in 2009 already owe more than their home’s value.” There is absolutely no justifiable reason why this was allowed to occur. It is reprehensible that Fannie Mae, Freddie Mac and FHA continue to allow only 3.5 % down payment and ...
    1 day ago
  • How Long do I Have to Wait After a Bankruptcy, Short Sale or Foreclosure?


    California Public Employee & Teacher ResourcesAuthority Authority: 143
    I get this ques tion all the time and I finally got smart and decided to post it here for everyone….There are so many things I want to share and so little time to write about all of it! The Guidelines are different depending on whether you’re using an FHA loan or a Conventional loan to purchase a new home. ...
    2 days ago
  • The FHA's nose dive


    loans-blogAuthority Authority: 148
    THE COST of the housing bailout continues to rise. The government-run mortgage giant Fannie Mae requested another $15 billion from the Treasury this month, to help cover a loss of $19.8 billion in the third quarter. That brings the total tab for rescuing Fannie to $60 billion so far. Fannie’s twi… Source: ...
    2 days ago
  • Mortgage Lenders Under Government Scrutiny


    Mortgage-BlogAuthority Authority: 450
    Topping the list of institutions under fire are the familiar faces of Fannie Mae and Freddie Mac, the poster children for good intentions gone bad. The government entities faced renewed federal scrutiny earlier this year. What to do with the troubled HUD groups, however, is still up in the air. Source: Mortgage ...
    2 days ago
  • (FNM) Existing Home Sales Soar Again


    Stock Blog HubAuthority Authority: 166
    In October, existing home sales rose by 10.1% and are now 23.5% above the year-ago rate. Sales were at a seasonally adjusted annual rate of 6.10 million, up from 5.54% in September and a 4.94 million pace a year ago. Existing single family home sales rose by 9.7% to a 5.33 million pace, while condo sales soared by ...
    2 days ago
  • Open Letter to Timothy Geithner: Is Your Nose Getting Longer


    Bapcha's Stocks.Authority Authority: 115
    Dear Treasury Secretary Geithner: I noticed you recently told the Japanese press that you intended to maintain a strong dollar, and that the Obama administration would bring the U.S. fiscal deficit back to a “sustainable balance.” Tell me, don’t you feel your nose extending like Pinocchio’s when you tell ...
    2 days ago
  • Qualifying For A Refinance


    Refinance Home MortgagesAuthority Authority: 435
    Will you qualify? Thats the first thing you should think about before going through the enormous paperwork necessary to get a refinance these days. (...)
    2 days ago
  • Renters Hurt By Rising Defaults


    Refinance Home MortgagesAuthority Authority: 435
    As rental complexes go into foreclosure, renters are having a hard time getting necessary repairs.Big surprise huh? Everyone is hurting in this recession, whether they are renter or home owners. (...)
    2 days ago
  • When To Give Up Your Home To The Bank


    Refinance Home MortgagesAuthority Authority: 435
    Tens of thousands of people remain in homes that are underwater, that is, their mortgage is more than their home is worth. Theyre drowning. Yet they stay. Why? (...)
    2 days ago
  • Taxes on Short Sale, Loan Modification & Mortgage Foreclosure 3 Nov08 Cancellation of Debt Income


    Ethical Foreclosure FortunesAuthority Authority: 151
    Tax on 1099C, Cancellation of Debt Income; Short Sale, Loan Modification & Foreclosure. Exception; Mortgage Forgiveness Debt Relief Act, Bankruptcy & Insolvency. Go To RealEstateMarketingThisWeek.com Cancellation of debt income reported to the IRS on form 1099 C So we talked about 20 million homeowners are ...
    3 days ago
  • Refinance Problem


    Ask MetaFilterAuthority Authority: 656
    How can we deal with Fannie Mae/Freddie Macs rule that, for new mortgages or refinancing in condo buildings with fewer than ten units, one person may not own two or more units if those units are rented out? In our 8-unit Chicago condo building, Mr. and Mrs. A, who do not live in the building, purchased two units for ...
    3 days ago

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