FNMA Homekeeper
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Fannie Mae Starts to Securitize HECM Portfolio, Issues $9 Billion BofA REMIC
May 31, 2011Fannie Mae (OTC BB: FNMA.OB ) has securitized over $9 billion of HECM reverse mortgages—a little more than 18% of its total portfolio—in one transaction. The government sponsored enterprise issued a Real Estate Mortgage Investment Conduit (REMIC) consisting of $9,255,811,613 HECM loans originated by Bank of America. A REMIC is a type of multiclass mortgage-related security in which […]
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Fannie Mae Seeks Gov. Assistance, HECM Share Falls to 2%
Mar 01, 2011 -
Ginnie Mae HMBS Issuance Up 26% in 2010
Jan 16, 2011 -
Consumers Less Certain Housing Market Has Bottomed says FNMA Survey
Nov 29, 2010 -
Fannie Mae Loses $1.3 Billion, Reverse Market Share Falls Below 1%
Nov 09, 2010 -
Ginnie Mae to Lift Moratorium on New Reverse Mortgage HMBS Issuers
Nov 07, 2010 -
Fannie Bids Adieu to Reverse Mortgages
Oct 19, 2010 -
Fannie Mae Stops Purchasing Reverse Mortgages
Oct 11, 2010 -
Fannie Mae Posts $1.2 Billion Loss, Reverse Mortgage Market Share Falls to 2%
Aug 11, 2010 -
Fannie Mae Reverse Mortgage Market Share Falls 85% from 2009
May 11, 2010