1 Articles match "2008","Maine","Origination"

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Fannie Mae Toughens Foreclosure Guidelines
With government officials at the local, state and federal levels clamoring to clamp down on the nation’s financial institutions and other loan originators, plus the recent bailout of Bear Stearns by the Federal Reserve after the Wall Street giant became so heavily invested in subprime backed mortgage securities, it was just a matter of time before the Federal National Mortgage Association (better known as Fannie Mae ) did something to tighten the reins as well. Well, this past Monday it finally did. As one of the two main Government Sponsored Enterprises (GSEs) in this country — the
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Fannie Mae Toughens Foreclosure Guidelines
    With government officials at the local, state and federal levels clamoring to clamp down on the nation’s financial institutions and other loan originators, plus the recent bailout of Bear Stearns by the Federal Reserve after the Wall Street giant became so heavily invested in subprime backed mortgage securities, it was just a matter of time before the Federal National Mortgage Association (better known as Fannie Mae ) did something to tighten the reins as well. Well, this past Monday it finally did. As one of the two main Government Sponsored Enterprises (GSEs) in this country — the
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE