AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
GSEs to Disclose Servicer Name to MBS Investors.(Brief Article)
Fannie Mae and Freddie Mac said that come this spring they will begin making six additional "pool specific" disclosures on the mortgage-backed securities they issue.
The two secondary giants announced their new disclosures last month, just hours after a federal task force urged them to do so. (The two were working closely with the task force.)
The six new areas of disclosure include identity of the servicer, loan purpose, original loan-to-value ratio, credit scores of borrowers, property type and occupancy status.
Over the years, some investors have alleged that the two engage in selective selling and purchasing of MBS tranches, because the GSEs have access to certain information that investors do not.
But the task force cleared the two of any allegations of "cherry picking."
One area of disclosure that's of interest to the task force is points paid at settlement.
A new study released by the group notes that points ...
- Freddie Mac, Governor Kaine, Va. Foreclosure Prevention Task Force Offer Free...
- Press release article from: PR Newswire June 2, 2008 700+ words
...M. Kaine, Freddie Mac , and the Virginia...Foreclosure Prevention Task Force are joining...member of the task force, Freddie Mac will help promote...Relations at Freddie Mac and Virginia...Foreclosure Prevention Task Force member. The...
- Freddie Mac Names John A. Koskinen Interim CEO, Robert F. Glauber Interim...
- Press release article from: PR Newswire March 11, 2009 700+ words
...executive chairman of Freddie Mac since September 2008...initially joined the Freddie Mac board of directors in...executive director of the task force appointed by President...since November 2006. Freddie Mac's board of directors...
- Face to face with Freddie Mac's Paul Peterson.(view from the top)
- Magazine article from: Community Banker September 1, 2003 700+ words
...strategic alliance with Freddie Mac and shared his experiences as a banker. And Freddie Mac's second-in-command...experiences in banking before Freddie Mac. Peterson: I worked...the current accounting task force. Later, I became the...
- Freddie Mac replaces its top executives.
- News wire article from: Europe Intelligence Wire June 9, 2003 700+ words
...restatement related to Freddie Mac's treatment of gains...can be substantial for Freddie Mac and Fannie Mae, its...lenders Fannie Mae and Freddie Mac recommended that the...securities (MBS). A special task force formed to evaluate disclosure...
- UPDATE 3- Freddie Mac replaces its top executives.
- News wire article from: Europe Intelligence Wire June 9, 2003 700+ words
...restatement related to Freddie Mac's treatment of gains...can be substantial for Freddie Mac and Fannie Mae, its...lenders Fannie Mae and Freddie Mac recommended that the...securities (MBS). A special task force formed to evaluate disclosure...
- New Members Named to Freddie Mac's Board Of Directors.
- Press release article from: PR Newswire December 23, 2008 700+ words
...leadership and expertise as Freddie Mac works to fulfill its...executive chairman of Freddie Mac's board of directors...executive director of the task force appointed by President...executive chairman of Freddie Mac since September 2008...
- Congress Looking at Fannie Mae and Freddie Mac's MBS Purchases.
- Magazine article from: National Mortgage News Collins, By Brian July 31, 2000 700+ words
Fannie Mae and Freddie Mac's practice of purchasing...House Budget Committee task force that the GSEs have to...its MBS in portfolio and Freddie Mac held $226 billion of...Rep. Ryan said. Task force chairman John Sununu...
- CUNA Mortgage, Freddie Mac To Partner In New Home Loan Plan.(Brief Article)
- Magazine article from: Credit Union Journal Roberts, Ed March 6, 2000 700+ words
...introduced a new program under which Freddie Mac has agreed to provide credit unions...appraisals, pricing and lock-ins. Freddie Mac said it believes the program will...recommendations from CUNA's Small CU Task Force. Copyright c 2000 Thomson Financial...
- Fan and Fred say yes to disclosure.(Fannie Mae, Freddie Mac to offer disclosure)
- Newspaper article from: Asset Securitization Report February 10, 2003 700+ words
Last Monday Fannie Mae and Freddie Mac announced plans to begin disclosing...in a study conducted by a joint task force of the Department of the Treasury...table of loan origination years. Freddie Mac, on the other hand, has not stated...
- Freddie Mac and Private Investors Show Confidence in MC Companies and Fund...
- Press release article from: PR Newswire December 15, 2008 700+ words
...s fundamentals, MC Companies secured new investors and a Freddie Mac loan. Co-principals Ross McCallister and Ken McElroy attribute...Diligence team sweeps through the property like a special ops task force and they leave no stone unturned. Lesley has confidence in...
Source: HighBeam Research, GSEs to Disclose Servicer Name to MBS Investors.(Brief Article)