uniform residential loan application

Uniform Residential Loan Applications Will Be Updated In 2020

Fannie Mae And Freddie Mac Will Update Uniform Residential Loan Applications In November 2020 The Federal Housing Finance Agency announced three years ago that they were changing the Uniform Residential Loan Applications used by the lending industry. It will the first change in 20 years. The GSEs later dictated that lenders would be required to […]

Hasta La Vista, Eddie Baby! Senate Confirms Watt As FHFA Director

U.S. Senate confirms Mel Watt as next FHFA director Kerri Ann Panchuk, Housing Wire It’s official: Congressman Mel Watt, D-N.C., will lead the Federal Housing Finance Agency after the U.S. Senate confirmed his nomination Tuesday afternoon. Senators confirmed Watt as Ed DeMarco’s replacement, with a majority of the chamber’s legislators voting in Watt’s favor. The congressman easily […]

Andy Meisner Takes GSE Tax Fight From The Courtroom To The Halls Of Congress

County Treasurer Andy Meisner Puts Heat On Congress Over Fannie/Freddie Tax Exemption There’s no shortage of people in Congress that are looking to get their paws on Fannie and Freddie because they share the same outrage that we’ve shared: That these entities were started for a good public purpose and that they have evolved into […]

Fannie/Freddie Only $2 Billion Away From Paying Off Taxpayers

Tim Mullaney, USA TODAY Federal taxpayers have nearly recouped their $188 billion investment in Fannie Mae and Freddie Mac, the mortgage finance giants taken over by the government in 2008. Third-quarter profit rose sharply at both companies, each reported Thursday, letting Freddie Mac finish reimbursing taxpayers for its bailout and bringing Fannie within about $2 […]

Senators Draft Plan to Abolish Fannie and Freddie

Clea Benson, Bloomberg A bipartisan group of U.S. senators is putting the final touches on a bill that would liquidate Fannie Mae and Freddie Mac (FMCC) and replace them with a government reinsurer of mortgage securities behind private capital. The legislation, written by Tennessee Republican Bob Corker and Virginia Democrat Mark Warner with input from other senators, is likely to be […]

Ready to get started?

Speak to a specialist at (888) 737-6344