Search for: "Freddie Home Loan Mortgage Corporation"
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19 Jul 2008, 2:30 pm
Second, it deals with the Federal Home Loan System, which was seen as less in need of drastic change.With regard to Fannie Mae and Freddie Mac, both bills establish an independent regulator and makes the GSEs function more like private corporations. [read post]
22 Aug 2014, 1:34 am
The bank has also conceded that it originated risky mortgage loans and made misrepresentations about the quality of those loans to Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA). [read post]
21 Mar 2009, 3:01 pm
Fannie Mae and Freddie Mac purchase mortgage loans in the secondary market and set there own guidelines. [read post]
1 Nov 2010, 3:00 am
Often, original mortgages and notes were put in a trust and pass-through certificates were issued by the trust--this is the case in particular when Ginnie, Freddie, or Fannie aggregated a pool of mortgage loans and issued certificates representing ownership interests in that pool of loans which are treated as obligations secured by interests in real property under Treas. [read post]
9 Dec 2020, 3:00 am
Background The Federal National Mortgage Association, also known by the nickname Fannie Mae, and the Federal Home Loan Mortgage Corporation, known as Freddie Mac, are publicly traded companies created by Congress with private shareholders. [read post]
1 Apr 2015, 10:52 am
As a result of the conspiracy, lenders provided over $3.5 million for fraudulently obtained loans, which resulted in losses of almost $2.5 million to the lenders, the Federal Housing Administration which insured some of the loans, and the Federal National Mortgage Corporation (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”), who purchased some of the loans in… [read post]
21 Aug 2013, 7:43 am
Thus, the PATH Act ushers in a new system of housing finance that separates out these functions, providing clear and transparent disclosure of mortgage data, giving certainty to contracts and their enforceability, utilizing the knowledge and networks of the Federal Home Loan Bank system, and creating an open-access utility for the issuance of mortgage-backed securities that is decoupled from the holding of long-term mortgage risks.To ensure a smooth… [read post]
27 Jul 2010, 4:01 pm
There are two problems with this; BAC Home Loan Servicing (Bank of America's servicing arm) owns the note. [read post]
12 Jul 2008, 10:36 pm
Second, it deals with the Federal Home Loan System, which was seen as less in need of drastic change.With regard to Fannie Mae and Freddie Mac, the bill establishes an independent regulator and makes the GSEs function more like private corporations. [read post]
30 Aug 2011, 8:52 pm
One modification program is designed to help refinance mortgages insured by Freddie Mac or Fannie Mae. [read post]
18 Jun 2013, 8:10 am
The indictment alleges that as a result of the conspiracy, lenders provided over $3.5 million for fraudulently obtained loans, which resulted in losses of over $1 million to the lenders, the Federal Housing Administration which insured some of the loans, and the Federal National Mortgage Corporation (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), who purchased some of the loans in the… [read post]
27 Jul 2008, 7:29 am
Freddie Mac and Fannie Mae have about $5 trillion in mortgages, which accounts for about half the outstanding loans in the United States. [read post]
25 Feb 2019, 5:43 am
The loan was characterized by Fannie Mae as “supporting affordable housing” even though it was not clear whether the mortgage terms included requirements to limit rent increases, according to the report. [read post]
25 Oct 2012, 10:09 am
The Government’s Complaint seeks damages and civil penalties under the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”) for engaging in a scheme to defraud the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”). [read post]
29 Dec 2011, 4:53 pm
After origination, Countrywide sold or securitized for sale the bulk of the mortgages it originated in the secondary markets either to private investors or government entities such as Fannie Mae and Freddie Mac. [read post]
27 Nov 2013, 8:02 am
The Hosbrook’s defrauded Wells Fargo Bank and the Federal Home Loan Mortgage Corporation by falsely representing that the short sale was due to personal hardship, that the transaction was an arm’s length transaction, that the sellers and buyers were not family members, and that the seller would not remain in the property subsequent to the sale. [read post]
5 Apr 2011, 2:06 am
Freddie Mac: On March 30, 2011, Southern District of New York Judge John Keenan granted without prejudice the defendants’ motion to dismiss in the Federal Home Loan Mortgage Corp. [read post]
28 Feb 2011, 6:00 am
"The Administration’s plan calls for reducing and eventually winding down the two primary government housing finance institutions, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
5 Mar 2015, 7:05 am
Home Loan Mortg. [read post]
2 Jul 2012, 8:20 am
For example, if you bought property that had been foreclosed on from Federal National Mortgage Association, commonly called Fannie Mae, or from Federal Home Loan Mortgage Corporation, usually referred to as Freddie Mac, you are probably owed hundreds and maybe thousands of dollars today in fees they illegally collected from you when erroneous calculations were made. [read post]
