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Bulletin NUMBER: 2010-27 TO: Freddie Mac Servicers November 15, 2010 SUBJECTS With this Single-Family Seller/Servicer Guide ( Guide ) Bulletin, we are making the following changes to our Servicing.

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Related content

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IRS 1099-S 2013 IRS 1099-S 2012 IRS 1099-S 2011 IRS 1099-S 2010

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Were Fannie Mae and Freddie Mac the real cause of the subprime mortgage crisis? It's dangerous to think so. In reality, they were a prime example of the broader economic forces that caused the banking credit crisis and bailout.

Freddie Mac and Fannie Mae, the two government sponsored enterprises (GSEs) that have long funded roughly half of all single-family mortgages in America, were placed under government control on September 7, 2008, at the height of the financial crisis then underway.

There are several requirements: The owner/investor of your loan has to be Fannie Mae or Freddie Mac. ... This is for low-income borrowers. ... You need to have a DTI ratio of 65% or less. ... You have to be current on your mortgage. ... This must be a 1-unit primary residence. ... Your loan has to be a certain age.

Who We Are. Freddie Mac Single-Family makes homeownership more accessible and affordable. Operating in the secondary mortgage market, we keep mortgage capital flowing by purchasing mortgage loans from lenders so they in turn can provide more loans to qualified borrowers.

In December 2003 Freddie Mac, the federally chartered mortgage financing giant, agreed to pay a civil penalty of $125 million and implement measures to correct its accounting and governance problems as part of a consent order with a federal regulator.

The company's chief financial officer and head of investor relations were accused of failing to disclose more than $50 billion worth of potential losses from subprime mortgages. The two executives charged paid $100,000 and $80,000 in civil penalties.

Freddie Mac was chartered by Congress in 1970 as a private company to likewise help ensure a reliable and affordable supply of mortgage funds throughout the country.

Business assets Reviews a minimum of the most recent two months of the business account statements, and. Determines the deposits are typical for the Borrower's business.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232