11 U.S.C. 525 states in section (c)(1) and (2) that: "(1) A governmental unit that operates a student grant or loan program and a person engaged in a business that includes the making of loans guaranteed or insured under a student loan program may not deny a grant, loan, loan guarantee, or loan insu…
Federal student loans
Yes, even though you are attending college already you can still apply for federal student loans. You may not get them for the current year. But you probably will. It will just be late. If you want to apply for the student loan for the next year, the time to apply is now. Th…
A federal Stafford loan does NOT require a cosigner. If you do co-sign a private loan, both parties have liability to the debt. The co-signer is liable for the balance just as if they had co-signed for the student for a car, signature loan, mortgage, etc.It is just a different type of loan that can …
it depends on your school. Not all schools are part of perkins loan program. Ask, your financial aid office at your school to find out if they participate in the Perkins loan program. If they do, then you're eligible to receive up to $4000 every school year if you meet all the required criteria.
Federal loans is not the only source of financial aid for college. There are private grants and scholarships that you may qualify for where the money goes directly to you to pay for the education. The other thing to investigate is if your school would accept a Federal Grant like Pell Grant money.Lib…
Well congratulations on being a graduate student! If you need additional funding for your schooling and you have a bad credit score, then you need a co-signer who has a good credit score.
There are a few lenders out there that take risk on bad credit borrowers.
First I am not positive that you cannot do such. If that does hold true it could be due to a variety of details including:
- interest rates for Federal loans are set by law and are standard across the board. The financial institution you have your private loans through could vary - payment terms ma…
If a parent were to obtain a federal school loan for their child
and the pass away , the child would not be responsible for paying
it back. The loan would be discharged due to death discharge. A
death certificate would have to be shown to prove death of the
Not Unless It Was Court Ordered. Child Support & Student Loans Can Be.
If a garnishment order is sent by the courts to garnish your wages your employer will most likely comply with the order. If some nut bag creditor tries to garnish your federal taxes it is unlikely the …
If they own the debt, yes...However there is a legal procedure for this and if the federal backed loan is in default, they will just take any tax returns until the debt is paid. Either way, they will get the money. Its federally backed...
Stock Ticker FNM
The ticker symbol for Fannie Mae is FNM and it is traded on the New York Stock Exchange.
Ticker Symbol FMCC
Bank of America
If you are referring to the Western Federal Savings & Loan headquartered in Marina del Rey, CA, BofA did not buy them out. They were taken over by the OTS in 1983 and subsequently, through a series of law suits, proved they were not unhealthy and did not deserve a government tak…
You need to fill out the FAFSA first. Then you can apply for other loans. The FAFSA determines your financial need and this loan is free. So do that and then apply for other loans. With some of the other loans you will need a co-signer. So if you have someone you trust then ask them and by having t…
Unfortunately, you can't. You can apply for a Parent Plus loan and if your parents are denied you will receive an extra $4,000 in unsubsized Stafford Loans. It is only getting more difficult to get private alternative loans with the economic crisis. Good luck.
Columbia Banking Federal Savings& Loan Assn. was on 31 E main st rochester, Ny 14614. Who is the current holder of the accounts?
The assets of Columbia Banking were distributed to several financial institutions when it was dissolved. A partial list includes:
OnBank in Syracuse, NY
Minnesota Federal Savings and Loan merged with First Federal Savings and Loan in the mid-80's to form First Minnesota Savings Bank... The New Bank! Norwest Banks absorbed First Minnesota in 1989 or 1990 and has since gone on to become Wells Fargo. I worked in Minnesota Federal's data center and rode…
This is a highly debated question. Here is a link for you to review. It is directly from HUD Once the page is loaded, just search for "related field" or scroll to 2-9 G http://www.hudclips.org/sub_nonhud/cgi/nph-brs.cgi?d=HSGH&s1= 4060.1%5Bno%5D&SECT1=TXTHLB&SECT5=HSGH&u=&p=1…
Go to student loan area--financial assistance--at the school where you are applying.
In 2007 Stansberry and Pirate Investor LLC were convicted of stock fraud and was ordered to pay $1.5 million in restitution and civil penalties for disseminating false stock information and defrauding public investors through a financial newsletter. See the related link for an SEC complaint filed …
i am pretty sure they cant because that was given to you and you didnt make or earn that money the whole reason is to punish you by taking the money you worked hard for but im pretty sure they cant unless they are greedy and they find a loophole. Ans The above is incorrect in just abou…
One answer is to look for private Grants and Scholarships. I know that it is not easy to obtain grants and scholarships because there is plenty of competition for the grants and scholarships BUT it is an option. If you have not already done so, please talk to the financial aid department of any coll…
Fannie Mae is working to support the economic recovery by helping
to build a sustainable finance system. They are present in order to
provide large-scale access to affordable mortgage credit in all
communities across the country at all times so people can buy,
refinance, or rent a home,
I would go with Bridgeport, CT as the cheapest to buy or rent. But expect higher taxes and not as pretty neighborhood. But you have 45 min to drive to new york city and its the cheapest town of fairfield county. Not the best schools though if you have kids not recommended. I would look into the No…
Federal student loans can be used to pay for college tuition, and if you have any funds left over after paying your tuition, you can use those funds to pay for other school-related expenses, such as textbooks, rent, school supplies, child-care, etc. http://Studentaid.ed.gov will provide the best ans…
PrePaid costs are those items which are required to be paid at closing, yet are not considered a closing cost. These normally include: Days of Interest, Property Taxes, and Hazard Insurance. Most mortgages are paid in arrears, meaning that when you have a payment due on the 1st of the month, you are…
Yes. Its just like using them to pay for college.
It is important to know the ticker symbol of the a company in which
a person may invest stock. The Freddie Mac ticker symbol is now
1989, Southeast Bank bought First Federal of Jax. Southeast was later bought out by another bank
The Federal guideline is 15-25% of your paycheck.
The term "Fannie Mae" comes from the abbreviation for the true name of Fannie Mae--the Federal National Mortgage Association (FNMA). FNMA is a government-sponsored entity. For more, see http://www.fanniemae.com/kb/index?page=home&c=aboutus
The company is called "Federal Home Loan Mortgage Corporation". The abbreviation is FHLMC, which should, but does not, sound like "Freddie Mac" See also Federal National Mortgage Association (FNMA)= Fannie Mae.
The Federal Home Loan Mortgage Corporation, more popularly known as
Freddie Mac, has been around since 1970. Its stock symbol is FMCC.
Your loan repayment obligation is not changed because of any learning difficulty or employment difficulty you may be experiencing. It is a financial obligation - the same as if you'd bought a car and financed it. The lender wants their money repaid.
There is not a proviso on the loan that it is onl…
I'm currently in my third year of chapter 13 repayment, I was going to go back to schools full time night time program, looking for advsie on trying to pay for it, also I make over 60,000, but my chapter 13 repayment is based on this amount
how many days delinquent before a loan goes into foreclosure
It depends what kind of situation your in. If you're in good academic standing or play sports/etc., you can always get a scholarship. Sometimes, the state will help you out and give you TAP (Tuition Assistance Program). Or you could always do like an Army ROTC thing. The Military pays for all of you…
To provide liquidity, stability and affordability to the US housing
No one really knows.
Hagel's S. 190 [109th]: Federal Housing Enterprise Regulatory Reform Act of 2005.
McCain would not support the bill when it was introduced in January 2005. McCain waited
On May 25, 2006, John McCain spoke forcefully on behalf of S.190 [109th] Federal Housing Enterprise Regulatory Reform Act of 200…
If line P on page 4 is negative, it is indicating a credit to the
borrower. If it is positive, it is an amount the borrower has to
The FBI has just started an investigation into the collapse of Bear Stearns, Fannie, Freddie, Lehman and AIG. This investigation will likely takes months if not years and will not affect the federal bailout.The investigations were really about the balance sheets of all the names above to find out ho…
Suposedly Newt Gingritch and Mitt Romney both collected over a million dollars from fannie Mae/Freddie mac. If the two most up front polititions in america both collected this money, how many others have? And that was the reason for the housing market crash? Is this like a giant watergate?
The New York Times has published a separate list looking at contributions from "directors, officers, and lobbyists for Fannie Mae and Freddie Mac" for the 2008 campaign cycle. That list - using figures from the Federal Election Commission - shows McCain receiving $21,550, while Obama received $126,3…
Well the figure is not really a truth but there has been investigate and and numbers have been put out, approx 3.5 million from BOTH COMPANIES
No candidate can accept money directly from companies including Freddie Mac or Fannie Mae.
However, company employees can donate money to candidates.
Part of Roosevelt's depression recovery program. It was one of many "GSE" or government sponsored enterprises. Fannie Mae was later privatized. Greenspan and Bernanke have described Fannie Mae and Freddie Mac as private corporations, having an ambiguous relationship with our the federal government. …
No candidate can accept money directly from companies including Freddie Mac or Fannie Mae.
However, company employees can donate money to candidates.
The New York Times has published a separate list looking at contributions from "directors, officers, and lobbyists for Fannie Mae and Freddie Mac" f…
I am sorry that you had what ever happened that happened, But if it was an accident I would assume an attorney is involved, and that is what they do for you. Ask a PROFESSIONAL it is too big of a question not to check in to your total legal obligations and rights, as adding the disibilty adds certai…
Increasing and decreasing the money supply through monetary policy
is generally done by the Federal Reserve.
If I am paying a loan for my first mortgage to high and now I am
incapacitated can I get a grant can help me pay my mortgage.
Your issue is with the loan you took out with the bank, so
notifying them may help give you short term relief for a few
months. There are outside agencies in your c…
Since PLUS loans are based on the parent's credit, most lenders will not pre-approve a parent that is in chapter 13. However, if the parents do apply and are denied a PLUS Loan, the student will then be eligible for additional unsubsidized Stafford Loan funds (currently as much as $4000.00 more per …
If they are under 180 days late, you should be ok. If over 180 days delinquent, then you are in Default and may have your tax refund applied to your student loan balance.
If you need help getting out of default, or getting a garnishment lifted, then contact Default Management Services, Inc. for hel…
If the loan had a government guarantee or insured aspect, and your in collection status, yes.
Yes, if you filed jointly. You owe the government for the loan, they can offset anything coming in your name.
Sallie Mae offers both federal and private loans.
You must fill out the Free Application for Federal Student Aid at FAFSA.ed.gov When filling this out it will ask you a handful of personal demographic information and previous year's income information so be sure to have your taxes handy. Your financial aid officer at your accredited school should b…
For delinquent gov't insured or guaranteed loans.
The federal guideline is 15%, but i have seen up to 25% many times. There are only 2 ways to get out of default on your Federally Guaranteed student loans. Contact your collection company or student loan servicer and request to enter the rehabilitation program. Most people qualify, but I have seen …
If your loans are in a Deferment, then they were never in a Default status, they may have been delinquent. You are not eligible for Deferment while loans are Default. So to answer your question, yes you are eligible to take out additional loans if you are in a Deferment.
Yes all Fannie Mae loans with enough persisitance can be modified.
The Federal Housing Administration (FHA) and the Veterans
Administration (VA) help home buyers obtain low-interest,
Sallie Mae is in the business of student loans while Fannie Mae is in the business of home loans.
The Federal Home Loan Bank Act was passed in 1932 under President Herbert Hoover. Its purpose was to lower the cost of owning a home. It set up the Federal Home Loan Bank Board, which chartered and supervised federal savings and loan institutions. It also created Federal Home Loan Banks to lend to s…
Retirement assets may be counted at only 60 percent of current value.
12 U.S.C. § 1433
"Any and all notes, debentures, bonds, and other such obligations issued by any bank, and consolidated Federal Home Loan Bank bonds and debentures, shall be exempt both as to principal and interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or her…
remove the security bars
Golden State Bancorp Inc. & California Federal Bank
Golden State Bancorp was the holding company of California Federal Bank (Cal Fed). Cal Fed, with $50 billion of assets and 355 branches in California and Nevada, was the third-largest thrift in the United States. Its primary operating subsidia…
You can go this site to find out if your mtg is backed by FannieMae: http://loanlookup.fanniemae.com/loanlookup/. And to this site for FreddieMac: https://ww3.freddiemac.com/corporate/.
this answer is different from institution to institutions ... The Fed's board of governors raised the discount rate on loans made directly to banks by a quarter of a percentage point, to 0.75 percent from 0.50 percent ...Discount Rate.
From this page :
The Fannie Mae file format is used for many integrations
in the mortgage industry. This format can be exported from Velocify
and then imported quickly and easily into many Loan Origination
I need the last ten year history of the 5 year FHLB NY loan rate.
The related link below will take you to the Freddie site.
DO NOT under any circumstance give these people your information, although in most cases, such as ours they already had it. Contact the credit bureaus immediately and have a "fraud alert" placed upon your credit file, there eliminating anyone from being able to open any accounts or anything using yo…
A web search indicated it merged with the Dime Savings & Loan
Refin in 03/2009. did not know it was mac. Financial institute
asked if I wanted to keep escrow, I said yes for now. I asked it I
would be able to cancel later, the institute informme yes. Today, I
wanted to close escrow account. Not possible. The Financial
institute is JP Morgan Chase. I owe less t…
Yes it does operate in California. Don't be so sure & immediately judge, accept or reject this as being a scam. Life is an extremely mean teacher. It punishes you first and teaches us the lesson afterwards. I would advise ya'll to use some discretion and hande this situation with care. Until 1 …
Dollar Bank of Pitsburgh. I believe it was in 1983.
This company isnt a real one! They try to scam you out of money and scare you. I lost most of my hours at work for this company because they are bastards and fos.
John F. Scott was the founder of Minnesota Federal. He retired
after a stroke and was succeeded by Harry Lindquist. Fred Bjorklund
was the 3rd president of the S&L.
Don't be so sure & immediately judge this as being a scam upfront.
I would advise ya'll to use some discretion and hande this situation with care. Until 1 month ago, I too took these guys for scammers. However, I was sued by them & I was ordered to pay $6 grands. My loan amount was only $6…
the people is a credit cards in bank of america is a good solution ja
It depends on if he is on the note and on the account, and how far you want to go. If he is on the note you can't tell them not to speak with him, he co-owns the loan. If he is not, you can issue complaints in writing to the bank and to the government agencies that oversee it. A good place to start …
The Fannie Mae Foundation no longer exists.
In the depths of the Great Depression, the United States banking system faced particularly tough challenges in remaining solvent. To help address some of the era's challenges, Congress approved the Federal Home Loan Bank Act in 1932. Understanding the purpose and some of the provisions of of the Fed…
who ever ask is a bulla
You are probably asking about the owner-occupancy requirements relative to the tenant-occupancy rates in the community. Lately, this has been a moving target, with several changes and adjustments being made by Fannie Mae during the past 12 months.Your local realtor can help you determine the current…
There are 12 Federal Home Loan Banks. They are owned by member institutions including savings and loans, commercial banks, savings banks, etc. The Federal Home Loan Banks serve as whole sale lenders to their member institutions. If you'd like to learn more about the Federal Home Loan Banks, take a l…
This is a homework assignment, WikiAnswers will not do your homework for you because you need to do this yourself so you learn how to research and write.
One of the method of discourage bank loans (and msot commonly used) is to influence the interest rate. With a high interest rate, people are more inclined to save rather than borrow (due to high return.)