At the same time they are being investigated for voting fraud. Does one clarify the other? It was ACORN’s lawsuit turning Freddie Mac/Fannie Mae into part of the affirmative action program (mortgages for people who can’t get one because they can’t pay it or even a down payment) that caused this global financial crisis. To [...]

If you make your payments to BofA then your servicer is likely Bank of America, if they aren’t servicing the loan then they certainly can tell you who is and it should be included on your statement. They are required by law to tell you this information, see the link below for more info:
http://www.hud.gov/offices/hsg/sfh/res/r…
Bank of [...]

CNN’s posted video of McCain blaming Obama for Fannie Mae and Connie Macks failure as he did nothing about his legislation! The bill McCain is talking about (S190), he was a sponser in the 109th Congress. Really he is to blame!
McCain is LYING again to America and I am tired of videos that are [...]

Why wasn’t anything done to fix it before now?
Archive for Monday, May 31, 1999
Minorities’ Home Ownership Booms Under Clinton but Still Lags Whites’
By Ronald Brownstein
May 31, 1999 in print edition A-5
It’s one of the hidden success tales of the Clinton era. In the fantastic housing boom of the 1990s, black and Latino homeownership has surged [...]

Hi
I have few questions about reverse mortgages.
1) How the Principal limits are calculated for HECM monthly adj, annual adj and Fannie Mae programs of Reverse mortgage ? I know that it uses an expected rate, age of borrower and a HUD factor, i want HUD factors .. or the calculations.
2) How to determine the [...]

If you reckon Bush caused our economic crisis then have you read this article place out by the New York Time article?
Fannie Mae Eases Credit To Aid Mortgage Lending
By STEVEN A. HOLMES
Published: September 30, 1999
In a go that could help increase home ownership rates among minorities and low-income consumers, theFannie Mae Corporation is easing [...]

F&F UNDER CLINTON
STEVEN A. HOLMES
Published: September 30, 1999
In a go that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will buy from banks and other lenders.
The action, which will start as a pilot program involving 24 banks in [...]

These facts below I showed to support my question. Why did our government choose to send trailers to Atlanta snd store ice when they coudl have used HUD to get people in the empty homes. You have an entire govenrment staff already in place selling hud homes. Why not have them get these people into [...]

“Madame Speaker, many Americans are hoping the new administration will solve the economic problems we face. That’s not likely to happen, because the economic advisors to the new President have no more understanding of how to get us out of this mess than previous administrations and Congresses understood how the crisis was brought about in [...]

From a 1999 LA Times article:
“It’s one of the hidden success tales of the Clinton era. In the fantastic housing boom of the 1990s…
Under Clinton, bank regulators have breathed the first real life into enforcement of the Community Reinvestment Act, a 20-year-ancient statute meant to combat “redlining” by requiring banks to serve their low-income [...]