Some Oppose Fannie's ADC Plans

Sichelman, Lew
January 2006
National Mortgage News;1/23/2006, Vol. 30 Issue 16, p2
Trade Publication
The article reports on the response of some mortgage groups to the decision of the Federal National Mortgage Association to expand its role in the construction lending business in the U.S. America's Community Bankers and the Financial Services Roundtable contend that the market for acquisition, development and construction loans is well served by the private lenders. The association wants to serve the ADC market, increase liquidity, and drive down costs.


Related Articles

  • Fannie Mae, ACB in Alliance. Bergquist, Erick // American Banker;1/19/2001, Vol. 166 Issue 13, p20 

    Discloses the deal between America's Community Bankers and the Federal National Mortgage Association that gives trade group's members a number of benefits for funneling their loans to the mortgage financier. Provision of access to ACB members to automated underwriting programs over the Internet.

  • Fannie's Deal with ACB Way Ahead of Target . Julavits, Robert // American Banker;2/13/2002, Vol. 167 Issue 30, p10 

    Reports the partnership developments between America's Community Bankers (ACB) and Fannie Mae Corp. Sale of mortgage loans directly to Fannie; Increase on the profits ACB and Fannie; Association between Fannie and Freddie Mac in purchasing more loans; Focus of ACB on the secondary market for...

  • ACB, Fannie Forge Secondary Alliance. Muolo, Paul // National Mortgage News;01/22/2001, Vol. 25 Issue 17, p5 

    Reports on an alliance between America's Community Bankers (ACB) and the United States Federal National Mortgage Association (Fannie Mae). Assistance to be given to ACB members in using the secondary mortgage market; Establishment of a central delivery mechanism through which community bankers...

  • ACB boosts homeowner education, counseling.  // America's Community Banker;Jul96, Vol. 5 Issue 7, p8 

    Reports on the consolidation of America's Community Bankers and the Federal National Mortgage Association to launch the Homeowner Education and Counseling Institute. Plan to improve the quality and effectiveness of homeowner education and counseling nationwide; Institute as an independent and...

  • Meet Fannie and Freddie. Fickes, Mike // National Real Estate Investor;Jun2001, Vol. 43 Issue 6, p107 

    Features the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Association (Freddie Mac), two financing companies in the United States' multifamily housing industry. Amount of multifamily mortgages purchased by Fannie Mae from lenders in 2000; Information on the...

  • Fannie's Online Venture Riles FM Watch.  // American Banker;4/20/2001, Vol. 166 Issue 76, p10 

    Reports on FM Watch Coalition's criticism of MORNETPlus Connector, a partnership between the Federal National Mortgage Association and two technology companies that created an online network of service providers for mortgage lenders in the United States. Alleged encroachment of the...

  • ACB Objects to HUD Proposal Limiting Fannie Mae and Freddie Mac Loans.  // Community Banker;Sep2006, Vol. 15 Issue 9, p15 

    The article reports that America's Community Bankers objected the proposal by the Department of Housing and Urban Development (HUD). Under the proposal, there would be a limitation on the loans that Federal National Mortgage Association and Federal Home Loan Mortgage Corp. can buy from...

  • ACB Is Supporting Baker Bill.  // National Mortgage News;05/07/2001, Vol. 25 Issue 32, p2 

    Reports on the decision of America's Community Bankers to support a bill that would strengthen regulation of Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corp. (Freddie Mac). Aspects of the legislation sponsored by Representative Richard Baker; Aim to assure...

  • ACB and Fannie Mae Form Partnership.  // Community Banker;Mar2001, Vol. 10 Issue 3, p14 

    Reports the partnership of America's Community Bankers with Fannie Mae in the United States. Purpose of the partnership; Provisions for the members; Assessment for homeownership.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics