The federal government projected that 19 of the nation’s biggest banks could suffer losses of up to $599 billion through the end of next year if the economy performs worse than expected and ordered 10 of them to raise a combined $74.6 billion in capital to cushion themselves. Read Full Story Tags: Housing, Lending, [...]
To help enhance the integrity of the home appraisal process in the mortgage finance industry, in March 2008, Fannie Mae entered into an agreement with our regulator – the Federal Housing Finance Agency (FHFA) (then the Office of Federal Housing Enterprise Oversight) – and the New York Attorney General’s office to adopt certain policies relating [...]
Please use the self-assessment tools provided on this web site to see if you are among the 7 to 9 million homeowners who may be able to benefit from MakingHomeAffordable.gov Tags: Bail+Out, Banks, Lenders, Loan+Modification
