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Many condominium associations in Florida and across the country have been surprised to learn in recent months that their buildings have been blacklisted by the government-sponsored Fannie Mae ...
The Miami Herald reported in December mortgage lenders Fannie Mae and Freddie Mac maintain a list of condominiums unapproved for the acquisition of loans. ... with the South Florida law firm of ...
The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.
The Federal Housing Finance Agency initiated litigation against 18 financial institutions involving allegations of securities law violations and, in some instances, fraud in the sale of private-label securities (PLS) to Fannie Mae and Freddie Mac. Below is a list of the cases, with amounts of any settlements reached in 2013 and 2014. [22] [23] [24]
Along College Road are the main campus of the College of the Florida Keys, the Rees Jones Designed 18-hole Key West Golf Club course [3] and the Key West Golf Club Homeowners Association, [4] Gerald Adams Elementary School, [5] the Lower Keys Medical Center Hospital with an emergency room, [6] the Palm Vista Nursing and Rehabilitation facility ...
Fannie Mae and Freddie Mac also have slightly different requirements for the mortgages they purchase. In both cases, Fannie and Freddie loans must be conforming loans , or adhere to these ...
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No Name Key is an island in the lower Florida Keys in the United States. [1] It is 3 miles (4.8 km) from US 1 and sparsely populated, with only 43 homes. It is only about 1,140 acres (460 hectares) [2] in comparison to its larger neighbor, Big Pine Key, which lies about half a mile (800 m) to its west.