Foreclosure begins on West Main Street condemned building [Yahoo! Finance]
Federal National Mortgage Association (FNMA)
NASDAQ:AMEX Investor Relations:
fanniemae.com/portal/about-fm/investor-relations/index.html
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Source: Yahoo! Finance
According to the papers filed on Oct. 4, Fannie Mae, also known as the Federal National Mortgage Association, plans to foreclose on the property at 232 W. Main St. to recoup a defaulted loan of roughly $1.5 million. Owners Tyler Weese and Cody S. Ciazza were served with a Notice of Pendency, apprising them that the foreclosure process was beginning on the condemned building. On July 18, the city code enforcement office found 22 violations that placed risks on tenants and the community and subsequently shut down the building, causing about 20 people to be forced out of their apartments. City Councilwoman Lisa A. Ruggiero, a local real estate broker, said Friday that foreclosure could lead to Fannie Mae trying to sell the five-story building. "The bank will probably sell the building for a lot less than what Tyler Weese paid for the building," she said, adding that he would be given some time to get the mortgage payments up to date before foreclosure would continue. "They cou
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FNMA
News
- Recent Rate Run-Up Expected to Keep Existing Home Sales Near Historic Lows Through 2025PR Newswire
- Fannie Mae Announces 2025 Benchmark Securities Issuance CalendarPR Newswire
- The Schwab Mortgage-Backed Securities ETF (SMBS) Starts Trading [Yahoo! Finance]Yahoo! Finance
- Billionaire Investor Bill Ackman's Election Bet Could Hit Big After Trump's Victory [Yahoo! Finance]Yahoo! Finance
- Fannie Mae Appoints Former Homebuilding Industry Executive Scott D. Stowell to its Board of DirectorsPR Newswire
FNMA
Sec Filings
- 11/13/24 - Form ABS-15G/A
- 11/13/24 - Form ABS-15G/A
- 11/13/24 - Form ABS-15G/A
- FNMA's page on the SEC website