Fannie Mae customer service news

Find the latest Fannie Mae news related to customer service below. We do our best to screen the news provided here for relevance and accuracy, but the links to articles found here are from 3rd parties so occassionally less pertinent materials get published. Please feel free to contact us to report other relevant articles, or to let us know of any material that should be removed.

Fannie Mae and Freddie Mac introduce 3% mortgage downpayment programs


If you're struggling to come up with 20% to put down on a home, two of the nation's largest mortgage clearinghouses have new programs that could put you in the home of your dreams sooner than you might expect. RELATED: How much you need to earn to ...

Fannie Mae says it's tied to one loan linked to indictment against Morgans


The Federal National Mortgage Association has advised investors that one loan backing a Fannie Mae Guaranteed Multifamily Security is secured by a property identified in the federal indictment involving Morgan Management employees and business ...

Fannie Mae gives Libor replacement SOFR boost with debut trade


Barclays Capital, Nomura SecuritiesInternational and TD Securities USA were the lead managers for the trade. "We are proud to lead the market in issuing this landmark transaction," said Nadine Bates, senior vice president and Treasurer at Fannie Mae.

Families can't afford rent, housing prices: Fannie Mae CEO


Despite a strong market, American families are facing unaffordable housing, Fannie Mae CEO Timothy Mayopoulos told FOX Business on Tuesday. Continue Reading Below. “The greatest challenge in housing now is not home price appreciation but really ...

Fannie Mae Awards US Bank Home Mortgage with STAR


“We are dedicated to providing excellent Customer Service that enables homeowners to manage their investment worry free.” The STAR Program is a performance management and recognition program based on a consistently applied framework to clearly ...

Flagstar Bank Receives Fannie Mae's STAR Performer Award for Third Straight Year


... for the third consecutive year. The STAR Program recognizes top-performing mortgage servicers for assisting homeowners, aiding the housing recovery, and demonstrating excellence in mortgage servicing. "This award is a great tribute to the ...

Tax law change means Fannie Mae needs infusion of cash


NEW YORK (CNNMoney) - Fannie Mae, the housing lender bailed out by the government nearly a decade ago, needs a $3.7 billion infusion of taxpayer cash. But it's not because of bad mortgages or plunging home values, as was the case during the financial ...

Riverside County woman charged with wire fraud tied to Fannie Mae real estate work in Irvine


A Riverside County resident has been charged with wire fraud in a federal case that alleges she earned more than $1 million in a scheme involving sales of Fannie Mae-owned properties and kickbacks, according to a U.S. Attorney's Office news release.

Fannie Mae CEO Shares Thoughts on Leadership and Company's Future


Subscribe · Give a Gift · Customer Service. Stay Connected. Briefing · Why Reddit, Pornhub, and Many Other Websites Are ... outside a Federal Building in Los Angeles, California on Nov. Careers · USA Taekwondo, Eric Schneiderman's Replacement, Nike.

Fannie Mae, Freddie Mac cut deal with Treasury to cover any losses tied to tax overhaul


The government-controlled mortgage giants Freddie Mac and Fannie are bracing for losses related to new tax rules. By Alan Rappeport New York Times December 22, 2017. WASHINGTON — Fannie Mae and Freddie Mac, the government-controlled mortgage finance ...

A Decade Out From the Financial Crisis, Fannie Mae Has Bounced Back in a Big Way


Fannie Mae is back in the black and going entrepreneurial. Yes, the same Fannie Mae that U.S. taxpayers bailed out during the financial crisis. The company is now profitable and has paid $50 billion more than the original $116 billion bailout it ...

Fix for Mortgage Giants Fannie Mae, Freddie Mac Remains on Back Burner


Mortgage-finance giants Fannie Mae and Freddie Mac, which have been under government control since the financial crisis, don't appear to be getting a new life as quickly as some had hoped might happen under a Trump presidency. Overhauling the two ...

When the federal government took over Fannie Mae and Freddie Mac


SEPT. 6, 2008 The Bush administration on this day took over troubled housing financing companies Fannie Mae and Freddie Mac in order to help shore up the U.S. economy during some of the darkest days of the Great Recession. The collapse of the housing ...

IDS Receives Certification from Fannie Mae, Freddie Mac for Its UCD XML File


SALT LAKE CITY, Utah, May 19, 2017 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced its Uniform Closing Dataset (UCD) XML file has been certified to meet all UCD ...

Lending Leaders: Fannie Mae mitigates lender pain points with Day 1 Certainty


We at Fannie Mae have been working hard to achieve that vision, but we have not done it alone. We give credit to the entire housing finance industry for implementing data standardization that laid the foundation for technology innovation,” Bon Salle ...

Fannie Mae recognizes Associated Bank as STAR™ Performer for mortgage servicing excellence for fifth year


"The STAR Program provides clear objectives and specific, consistent measurements for overall servicing performance, Customer Service, and foreclosure prevention efforts," said Caroline Patane, vice president of the STAR Program. "The program evaluates ...

NBC2 Investigators: Buyer claims to be ripped off by Fannie Mae


The hustle and bustle of Miami was just too much for Renate Manns and her family sometimes. They wanted a place to escape. "Our plan was to get something out here to be able to be coming out here every weekend," Manns said. Manns and her husband ...

US court deals setback to Miami investor fighting Fannie Mae and Freddie Mac


A Miami investor's fight to stop the federal government from claiming profits from Fannie Mae and Freddie Mac to repay its $188 billion bail-out got a little harder this week. On Tuesday, the U.S. Courts of Appeals in Washington rejected shareholders ...

Fannie Mae CEO: G-fee pricing is in the "right zone"


Fannie Mae Chief Financial Officer David Benson also provided a bit of background on other fees the government-sponsored enterprise used to charge for using its services, such as Early Check. While Friday's earning report mentions the elimination of ...

Fannie Mae puts once-contaminated Snell Isle house back on the market


A year after pulling a sewage-contaminated house off the market, Fannie Mae has relisted it at the same $419,900 price. Now, though, it comes with a partly gutted interior and an acknowledgement that at one point it really did have a serious mold problem.

Fannie Mae to Send $5.5 Billion to Treasury as Profits Rise


Fannie Mae on Friday said it would send a $5.5 billion dividend payment to the U.S. Treasury in March as its quarterly profit rose thanks to accounting benefits and rising interest rates. Continue Reading Below. The mortgage-finance company posted net ...

How changes at Fannie Mae could help more minority families get home loans


February 3, 2017 —Imagine mortgage credit standards as a roadway, connecting lenders with potential borrowers who dream of owning a home. What in the mid-2000s was a wide-open superhighway with few barriers became, after the 2008 housing crash, ...

Fannie Mae will waive appraisals on some refinance loans


Fannie Mae will eliminate the need for physical appraisals on certain refinance loans for single-family homes and condos worth up to $1 million. Fannie Mae will eliminate the need for physical appraisals on... Thanks to a program that started Saturday ...

Japanese homebuilder, Sidwell Friends buying Fannie Mae headquarters


Japanese home-building giant Sekisui House announced Wednesday that it is buying the main Fannie Mae headquarters building on Wisconsin Avenue NW in an $89 million deal for one of the largest development sites in the District. The deal was one of three ...

Fannie Mae, Freddie Mac Will Back Even Bigger Mortgages


The definition of a jumbo mortgage is changing for the first time in more than a decade. Fannie Mae and Freddie Mac in 2017 will back mortgages of up to $424,100 in most of the U.S., an increase from $417,000, the Federal Housing Finance Agency said ...

Feds Seek to Block Release of Fannie Mae and Freddie Mac Memos


Invoking an emergency procedure Wednesday evening, the Justice Department appealed a judge's order that would force the government to turn over at least 56 documents that might shed light on why mortgage finance giants Fannie Mae and Freddie Mac ...

Fannie Mae, Freddie Mac Investors Win Round Against Government


Investors challenging the legality of the government's effective nationalization of Fannie Mae and Freddie Mac in August 2012 appear to be making some headway with at least one of the two key trial judges presiding over the sprawling, $130 billion ...

Fannie Mae's newest software widens mortgage credit


Wider credit opportunities are in store for mortgage shoppers starting this weekend as Fannie Mae releases 10.0, the 31st version of its automated credit decision engine named Desktop Underwriter or DU. DU was originally released in 1995 according to ...

SEC Settles Case With Former Fannie Mae Chief Exec


In one of the U.S. Securities and Exchange Commission's biggest cases tied to the 2008 financial crisis, former Fannie Mae Chief Executive Daniel Mudd has reached a settlement with regulators, according to court papers filed on Monday. The deal with ...

Fannie Mae posts $2.9B profit in 2Q; paying $2.9B dividend


Fannie Mae reported net income of $2.9 billion from April through June, down from a year earlier as low interest rates brought losses for the mortgage giant on its investments. FILE - In this Nov. 20, 2013, file photo, the sun sets behind the Fannie ...

Fannie Mae Is Target Of New FCRA Class Action


In a new class action complaint filed in U.S. District Court for the District of Columbia, a Nevada man says that Fannie Mae illegally inquired into his consumer credit information. According to the complaint in Bailey v. Federal National Mortgage ...

Opinion Journal: Fannie Mae Won't Die


Rio Olympics: Should There Be a Medal Tax? 8/16/2016 6:34PM. Team USA Olympians such as Simone Biles and Michael Phelps get bonuses for each medal they win, and the IRS counts that as taxable income. But some lawmakers are hoping to change ...

Fannie Mae Offers Cheaper Option to Fund Solar, Efficiency


Tying home energy-efficiency upgrades to property tax bills has become incredibly popular in just the past few years, at least in California. Property-assessed clean energy (PACE) programs for houses have morphed into a $2 billion industry nearly ...

Wells Fargo Vet Lands on Fannie Mae's Board


Former Wells Fargo executive Mike Heid was voted onto Fannie Mae's board of directors Wednesday. Heid, 59, retired from Wells Fargo last October and formally left the company in January. He served as president of the bank's mortgage banking division ...

Fannie Mae posts $1.1B profit in 1Q; paying $919M dividend


FILE - In this Nov. 20, 2013, file photo, the sun sets behind the Fannie Mae headquarters in Washington. Fannie Mae reports financial results Thursday, May 5, 2016. (AP Photo/J. David Ake, File) more >. 0. Share. 0. Tweet. 0. Share. 0. Pin. 0. Share. 0 ...

Fannie Mae gives 'transactors' credit for good behavior


Are you a “transactor” or a “revolver” when it comes to your credit? Terms like these never have mattered much to home buyers seeking a mortgage. You've probably never heard of them. Yet they are about to become more important to millions of mortgage ...

Nationstar Receives Top Servicing Performance Rating from Fannie Mae


The STAR program recognizes mortgage servicers for overall performance, Customer Service and foreclosure prevention efforts, and Nationstar ranked #1 among all large U.S. mortgage servicers evaluated for its 2015 performance. “We take great pride in ...

Fannie Mae Selling $1.5B of Nonperforming Loans


Fannie Mae is selling four large pools of nonperforming loans which have a total balance of $1.5 billion. Plus it is offering a Community Impact Pool consisting of approximately 80 loans totaling $420 million in unpaid principal balance. The sale of ...

Is Fannie Mae profiteering off riskier borrowers?


I am usually wrong. I know this because my wife points it out to me. So, I assumed I had goofed again when a Fannie Mae official told me I was off-base in a recent column about the agency piling on pricing for low down-payment borrowers with private ...

Will feds' wall of secrecy in Fannie Mae case fall?


Any day now, a federal court in Washington, D.C., could force the Obama administration to disclose thousands of documents in a suit challenging the takeover of Fannie Mae and Freddie Mac during the 2008-09 housing crisis. The Fairholme Funds argue that ...

Freddie Mac and Fannie Mae are making money again


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Ex-Fannie Mae boss's lawyer: SEC lacks civil fraud evidence


Former Fannie Mae CEO Daniel Mudd leaves Manhattan federal court, Wednesday, Jan. 27, 2016, in New York. His lawyer told a judge that civil charges alleging Mudd misled investors about the mortgage giant's exposure to sub-prime mortgages should be ...

Fannie Mae proposal is a recipe for disaster


Politics makes strange bedfellows; when you mix politics with money, it makes for unholy alliances. Case in point: the push by Wall Street hedge funds and low-income-housing advocates to "recapitalize and release" Fannie Mae and Freddie Mac, the ...

Deutsche Bank Names Fannie Mae's Boillat Investment Bank CIO


Deutsche Bank AG, which is overhauling its information technology systems, hired a senior expert from U.S. mortgage finance company Fannie Mae to lead the effort at its new corporate and investment bank. Pascal Boillat, head of operations and ...

Fannie Mae's credit-risk transfer initiatives approach the half-trillion-dollar-mark, reducing taxpayers' exposure ...


While the FHFA's conservatorships of Fannie Mae and Freddie Mac are unlikely to end before 2017, the Enterprises continue to transfer more credit risk from their single-family residential mortgages to private insurers. Both GSEs have exceeded their ...

Neighbors look to restore dragon in Fannie Mae Dees Park


The beloved mosaic dragon in the Hillsboro-West End neighborhood has survived decades of play, but neighbors say it needs to be rescued from further deterioration. The brightly tiled, concrete sculpture remains safe for children to climb on, but ...

Fannie Mae executive finally receives his punishment for the financial crisis: a mere $10000


The penalty the U.S. government just levied on one of the highest ranking former officials of Fannie Mae wouldn't even buy a used Volkswagen diesel Sportwagen. On Monday afternoon, Thomas Lund settled charges brought by the Securities and Exchange ...

Scottsdale family arrested in $1.3M Fannie Mae fraud case


Three members of a Scottsdale family are accused of orchestrating a $1.3 million real-estate scheme targeting Fannie Mae. Daphne Iatridis, 57; her husband, Arthur Telles, 57; and their son, Brendyn Jerry Iatridis, 26, were indicted in federal court on ...

Fannie Mae slaps Nomura on first day of subprime trial


A home loan divided cannot stand, says the Fed housing giant in a long simmering suit. Fannie Mae and Freddie Mac are charging they were misled by unscrupulous banks trying to pass off “crap” mortgages as top-notch securities, the Federal Housing ...

Freddie Mac, Fannie Mae Cases Move Ahead Amid Appeals Fight


A judge rejected a bid by the U.S. to put on hold a series of suits by Fairholme Funds and other investors challenging the diversion of profits from Freddie Mac and Fannie Mae to the Treasury. The government in October asked U.S. Court of Federal ...

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