4 Articles match "Fannie Mae","Standards","Washington"

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No Mortgage Meltdown For These Banks
number of lenders have maintained traditional underwriting standards and mortgage offerings. They thought long-term instead of quarterly; made sure their underwriting standards made sense and now show profits.” Which lenders? The result is that the company has small expenses and few bad loans so it costs Hudson about 20 cents to create an additional dollar of revenue versus the industry standard of roughly 61 cents. No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has not
www.realtytrac.com - Tuesday, February 3, 2009
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Long-Term Solution for Fannie and Freddie Dilemma
Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller    Its been a rough year for Fannie Mae and Freddie Mac. But a long-term role for Fannie and Freddie needs to be considered as well. First, Fannie Mae and Freddie Mac Share values have dropped more 90 percent, investors have lost more than $100 billion, and both companies were rescued by the federal government earlier this month, placed in a government conservatorship run by the newly created Federal Housing Finance Agency. They are
www.realtytrac.com - Tuesday, February 3, 2009
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
Schumer (D-NY) chaired the Joint Economic Committee in Washington, DC, on the topic, "Sheltering Neighborhoods from the Subprime Foreclosure Storm." Its suggestions: increase federal support for local foreclosure prevention programs; strengthen and reform the FHA; strengthen regulation of mortgage origination at the federal level; create a federal anti-predatory lending law that bans unfair and deceptive practices; establish borrowers ability to pay standards; and disclosure relating to alternative mortgage products must be enhanced. Denvers Foreclosure Task Force recently
www.realtytrac.com - Tuesday, February 3, 2009
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  • Long-Term Solution for Fannie and Freddie Dilemma
    Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller    Its been a rough year for Fannie Mae and Freddie Mac. But a long-term role for Fannie and Freddie needs to be considered as well. First, Fannie Mae and Freddie Mac Share values have dropped more 90 percent, investors have lost more than $100 billion, and both companies were rescued by the federal government earlier this month, placed in a government conservatorship run by the newly created Federal Housing Finance Agency. They are
    www.realtytrac.com - Tuesday, February 3, 2009
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  • No Mortgage Meltdown For These Banks
    number of lenders have maintained traditional underwriting standards and mortgage offerings. They thought long-term instead of quarterly; made sure their underwriting standards made sense and now show profits.” Which lenders? The result is that the company has small expenses and few bad loans so it costs Hudson about 20 cents to create an additional dollar of revenue versus the industry standard of roughly 61 cents. No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has not
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
    Schumer (D-NY) chaired the Joint Economic Committee in Washington, DC, on the topic, "Sheltering Neighborhoods from the Subprime Foreclosure Storm." Its suggestions: increase federal support for local foreclosure prevention programs; strengthen and reform the FHA; strengthen regulation of mortgage origination at the federal level; create a federal anti-predatory lending law that bans unfair and deceptive practices; establish borrowers ability to pay standards; and disclosure relating to alternative mortgage products must be enhanced. Denvers Foreclosure Task Force recently
    www.realtytrac.com - Tuesday, February 3, 2009
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  • As Foreclosures Mount, Candidates React to the Credit Crisis
    Edwards also wants to ban certain fees, establish uniform broker licensing standards and start a national database for disciplinary infractions. Dodd wants to end penalties for early payment of subprime mortgages and to raise limits on the portfolios of mortgages held by Fannie Mae and Freddie Mac. “The They are the ones that are causing this to go under, and there’s no transparency, no accountability,” Biden told The Washington With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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