Sentences with phrase «mortgage finance giant»

However, average fourth - quarter U.S. home prices appreciated only 0.83 percent from the third quarter, the smallest quarter - to - quarter increase since the second quarter of 1998, according to the U.S. regulatory agency that oversees the financial soundness of mortgage finance giants Fannie Mae and Freddie Mac.

The federal agency overseeing Fannie Mae and Freddie Mac, the taxpayer - owned mortgage finance giants, failed to refer to criminal investigators and other authorities almost 100 complaints about possible foreclosure abuse and mortgage fraud at the companies over a recent two - year period, according to a report issued late Tuesday by the inspector general of the Federal Housing Finance Agency.

That's leading mortgage financing giants Fannie Mae and Freddie Mac to test programs aimed at making homeownership more affordable.

But adding the necessary features they'll need to age in place could prove costly — and possibly financially impossible for some — according to a new analysis by mortgage financing giant Freddie Mac.

The Federal Housing Finance Agency, which oversees mortgage finance giants Fannie Mae and Freddie Mac, announced that borrowers who are more than 90 days late on their mortgages will become automatically eligible for a modification to the terms of the home loan.

NEW YORK — The federal agency overseeing Fannie Mae and Freddie Mac, the taxpayer - owned mortgage finance giants, failed to refer to investigators almost 100 complaints about possible foreclosure abuse and mortgage fraud over a recent two - year period, according to a report by the inspector general of the Federal Housing Finance Agency.

In 2009, mortgage finance giants Fannie Mae and Freddie Mac launched HARP.

In the wake of news that Fannie Mae is seeking an additional government bailout of $ 8.4 billion after a first - quarter loss of $ 11.5 billion, Rick Lazio declared himself «appalled» by the ask and sought to tie the mortgage finance giant's mess to AG Andrew Cuomo.

«What the $ 89 billion included,» reports the New York Times, «were costs associated with stabilizing Fannie Mae and Freddie Mac, the mortgage finance giants; loan guarantees by the Federal Housing Administration; and liquidity programs offered by the Federal Reserve, such as those authorizing the purchase of mortgage - backed securities from financial institutions.

The mortgage finance giants Fannie Mae and Freddie Mac remain wards of the state years after the credit crisis receded into memory.

Fannie Mae, the mortgage finance giant now owned by the federal government, bought the largest slice of the Goldman deal.

In December, mortgage financing giants Fannie Mae and Freddie Mac announced they were easing lending standards, most notably with a 3 percent down payment offering for qualified borrowers.

The guidelines clarify when lenders will be penalized for making mistakes on mortgages they sell to the mortgage financing giants.

Under an umbrella of higher home prices, mortgage financing giants Fannie Mae and Freddie Mac have recently taken several efforts to try to open up housing options for low - and middle - income buyers.

Mortgage financing giants Fannie Mae and Freddie Mac have recently taken several efforts to try to open up housing options for low - and middle - income buyers.