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WASHINGTON -(Dow Jones)- The regulator for Fannie Mae (FNM) and Freddie Mac (FRE) said Thursday he hoped the government-sponsored enterprises' new streamlined approach to loan modifications would be widely adopted by mortgage servicers. 'Hopefully it ...
Click here to read moreFHFA Lockhart Sees GSE Loan-Adjustment Plan As 'New Standard' - Beurs.nl
As foreclosure prevention programs expand, they face a dilemma: there's no way to separate all the people who need a mortgage modification from people who just want one. "The fact is that you're creating a large incentive for many people to default ...
Click here to read moreForeclosure Plans May Lead To Mortgage High Jinks - Forbes
WASHINGTON (AP) - Federal housing finance agencies hold or guarantee $6.8 trillion in debt _ the equivalent to more than half of the government's total debt. Fannie Mae, Freddie Mac and the 12-member Federal Home Loan Bank system control $6.8 ...
Click here to read moreFannie, Freddie, home loan banks control $6.8T - WTOP Radio
MCLEAN, Va. , Nov. 20 /PRNewswire-FirstCall/ -- Freddie Mac FRE today announced it has ordered its national network of mortgage servicers and foreclosure attorneys to suspend all foreclosure sales and evictions involving occupied single family and 2 ...
Click here to read moreFreddie Mac Suspends All Foreclosure Sales of Occupied Homes From - MSN MoneyCentral
How a giant has fallen. Fannie Mae , once the largest public company in the Washington area and a bedrock of the U.S. financial industry, disclosed yesterday it is at risk of being dropped from the New York Stock Exchange . The announcement came ...
Click here to read moreFannie Mae in Danger of Stock Delisting: Sub-$1 Price Violates NYSE ... - Washington Post
Please register to gain free access to WSJ tools. An account already exists for the email address entered. In order to support the streamlined modification program announced on November 11, 2008, Fannie Mae today issued a notice to its loan servicing ...
Click here to read moreRegister for FREE - Wall Street Journal
NEW YORK, Nov 18 (Reuters) - Fannie Mae (FNM.P: Quote , Profile , Research , Stock Buzz ), the largest provider of money for U.S. home mortgages, on Tuesday said its federal regulator suspended a mandate to set aside money for a housing trust fund ...
Click here to read moreRegulator halts Fannie housing fund contributions - Reuters
US officials on Tuesday unveiled a plan to aid homebuyers struggling to pay mortgages backed by Fannie Mae and Freddie Mac , in the latest attempt by the government and regulators to tackle the country’s wave of foreclosures. James Lockhart ...
Click here to read moreNew help for Fannie and Freddie borrowers - Financial Times
New York, NY (AHN) - The beleaguered firms, Fannie Mae and Freddie Mac, have decided to suspend foreclosures during the holiday season until January 2009, an effort to help people to stay in their homes. The two giant mortgage lenders said that ...
Click here to read moreFannie Mae and Freddie Mac Suspend Foreclosures During Holiday Season - All Headline News
As more tenants face evictions because of foreclosures against their landlords, U.S. Sen. Christopher Dodd is urging a federal housing agency to speed up reforms designed to keep tenants in good standing from being kicked out of their homes. Dodd ...
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