Search for: "Federal Home Loan Mortgage"
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20 Jan 2010, 5:00 am
Last December, we blogged here that the Federal Housing Administration was proposing tougher standards for home loans. [read post]
16 Mar 2011, 6:18 am
Bank of America, the nations largest servicer of home mortgages, has declared that it is against writing down the mortgage debt of borrowers whose home are underwater and who have defaulted on their mortgage loans. [read post]
15 Jun 2016, 4:45 pm
For many graduates in the U.S. leaving school with a huge amount of student loan debt, the idea of owning a home is a dream that may not be able to be realized. [read post]
Study Finds That Mortgage Lenders Won't Grant Meaningful Loan Modifications Because They Lose Profit
7 Jul 2009, 5:20 pm
Our goal is always to get clients a lowered mortgage payment that can keep them in their homes for the long term. [read post]
4 Aug 2016, 11:51 am
With the expiration of the federal loan modification programs Home Affordable Modification Program (HAMP) and Home Affordable Refinance Program (HARP) expiring at the end of 2016, how will loan modifications be approved in the future? [read post]
26 Jul 2012, 7:20 pm
The loans would then be refinanced through a federal loan program. [read post]
4 Aug 2014, 7:42 am
Bank of America Ordered to Pay $1.3 Billion for Mortgage Fraud On Wednesday, July 30th, a federal jury ruled that Bank of America would pay $1.27 billion in civil penalties for mortgage fraud and bad home loans sold to Fannie Mae and Freddie Mac, which in part triggered the Great Recession in 2008. [read post]
19 Jul 2013, 7:01 am
These mortgages are insured by the Federal Housing Administration, a division of the Department of Housing and Urban Development. [read post]
7 Nov 2011, 9:08 am
Nearly 32% of the home-loans originated by Allied Home Mortgage since 2001 have defaulted. [read post]
2 Oct 2013, 12:34 pm
According to news reports, these two acted through their company, Bridgemark Investment Group, to get mortgage loans that were higher than the sales prices for those homes. [read post]
28 Mar 2014, 6:20 am
Many lenders are demanding full repayment of the loan, in contravention of federal regulations. [read post]
15 Apr 2009, 8:19 am
Since at least 2007, some in the the mortgage lending industry have been concerned that the federal Home Mortgage Disclosure Act ("HMDA"), which mandates data reporting regarding loan applications and loan terms, would be used by plaintiffs' counsel as supposed evidence of racially biased mortgage lending decisions or mortgage lending terms.Yesterday, while not mentioning HMDA at all, a putative class action was… [read post]
19 Jan 2012, 8:51 pm
There are a number of steps troubled California home mortgage borrowers can take. [read post]
19 Jun 2012, 3:42 pm
Richmond, VA-based Suntrust Mortgage will pay out $21 million to more than 20,000 African-American and Hispanic home loan borrowers to settle a federal government suit charging discriminatory mortgage pricing from 2005 to 2009. [read post]
29 Sep 2017, 12:36 pm
Effective October 2, 2017, new rules go into effect for federally backed HECM (Home Equity Conversion Mortgage) reverse mortgages. [read post]
3 Nov 2011, 8:34 am
Only federally backed loans qualify for this particular program. [read post]
14 Feb 2011, 4:10 pm
The Administration’s “White Paper” on the future of home loans is to be published today and in it the Administration has proposed a vast rewrite of the rules of the nation's mortgage market and has also addressed the delicate task of devising options to abolish mortgage finance giants Fannie Mae and Freddie Mac. [read post]
6 Jun 2011, 11:17 pm
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEHomebuyers who have a credit score of 580 or better and a down payment of at least 3.5 percent of the homes purchase price might seem like good candidates for an FHA loan, insured by the Federal Housing Administration. [read post]
22 May 2015, 8:30 am
Calabrese submitted the false loan application to a federally-insured lender, which issued a $936,000 mortgage. [read post]
1 Oct 2009, 9:36 am
Our San Bernardino loan modification attorneys were encouraged to see that federally backed mortgage company Freddie Mac is planning a more active step to help homeowners qualify for loan modifications. [read post]
