GSEs Update HVCC Guidance, No Word on Much-Anticipated IVPI
April 5, 2010
No person – not even those who aren’t engaged in loan production and do not receive production-based compensation – may provide a list of appraisers to an appraisal management company, or AMC, in mortgage loan transactions that involve a specified loan officer, mortgage broker or real estate agent. Fannie Mae and Freddie Mac made the requirement very clear in recent updates to the Home...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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