Search for: "FEDERAL NATIONAL MORTGAGE ASSOCIATION "
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21 Jan 2021, 9:06 am
“We fought hard & earned the right to take a breath & reset,” tweeted Jake Chervinsky, general counsel of Compound Finance and the DeFi Group co-chair at the Blockchain Association. [read post]
20 Jan 2021, 7:15 am
“Rejoining means putting forward new ambitious national commitments (the so-called nationally determined contributions) aimed at meaningfully and equitably contributing to the global goal of limiting warming to no more than a degree and a half. [read post]
14 Jan 2021, 12:09 pm
Federal enforcement actions run the gamut from cases involving student loan fraud, bank fraud, mortgage fraud, antitrust crimes, and customs fraud. [read post]
13 Jan 2021, 7:21 am
Front and center were the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
12 Jan 2021, 9:58 am
For example, the Bureau could have units dedicated to credit cards, mortgages, small dollar loans, fintech, and third party service providers (such as debt collectors and mortgage servicers), with each unit having enforcement, rulemaking, and supervision responsibilities. [read post]
11 Jan 2021, 6:37 pm
U.S. national debt stands at around USD 27tn and the Federal Reserve confirmed on 16 December 2020 that it will continue to acquire at least USD 120bn of debt consisting of Treasury securities and agency mortgage-backed securities, until such time as “substantial” progress has been made in U.S. economic recovery, maintaining that the interest rates will be kept “close to zero until at least the end of… [read post]
5 Jan 2021, 2:17 pm
’” (In their comment letter, the associations-which include the American Bankers Association, Consumer Bankers Association, and The Clearing House—also question the OCC’s authority to issue a national bank charter to an uninsured depository institution.) [read post]
30 Dec 2020, 11:24 am
The Federal Housing Finance Agency (FHFA) recently issued a request for information (RFI) seeking input on appraisal-related policies, practices and processes in connection with home mortgage loans. [read post]
22 Dec 2020, 7:08 pm
Prominent provider trade associations had requested a longer period of suspension. [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]
3 Dec 2020, 8:30 pm
National/Federal 12 Votes Separated These House Candidates. [read post]
13 Oct 2020, 6:50 am
We recently published a blog about the OCC’s proposed rule “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”), which would clarify that a bank (or savings association) is properly regarded as the “true lender” when, as of the date of origination, it is named as the lender in a loan agreement or funds the loan. [read post]
6 Oct 2020, 10:32 am
Facts of the Case In 2008, Congress enacted the Housing and Economic Recovery Act (HERA), which created the Federal Housing Finance Agency (FHFA) as an independent agency to oversee the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
5 Oct 2020, 11:08 am
” But your savings will depend on the local real estate market and the condition of the foreclosed home, says Vince Malta, a San Francisco Realtor and president of the National Association of Realtors. [read post]
25 Sep 2020, 2:31 pm
According to the National Association of Realtors, these are some of the legal issues that brokers need to review with legal counsel: 1. [read post]
24 Sep 2020, 12:35 pm
A similar single-exam plan for the mortgage industry initiated by the CSBS in conjunction with the American Association of Residential Mortgage Regulators (AARMR) has demonstrated that this approach does not alleviate separate and sometimes contemporaneous single-state exams, as there are states that will not, or are not permitted to, join in compacts for such joint state examinations. [read post]
22 Sep 2020, 1:50 pm
” That lawsuit was quickly followed by a similar one filed by the New Civil Liberties Alliance, and then joined by the National Apartment Association. [read post]
21 Sep 2020, 9:42 am
The other individuals appointed to the CBAC are: John Buhrmaster, President & CEO, First National Bank of Scotia (Scotia, NY) Patrick Ervin, EVP, Independent Bank (Troy, MI) Shan Hayes, President and CEO, Heartland Tri-State Bank (Elkhart, KS) Ronette Hauser-Jones, Mortgage Division President, Great Plains Bank (Oklahoma City, OK) Bruce Ocko, Senior VP Director of Mortgage & Consumer Lending, Bangor Savings Bank (Bangor, ME) Kristina Schaefer, General… [read post]
18 Sep 2020, 6:13 pm
The Women’s Rights Project tallied hundreds of federal laws that discriminated on the basis of sex — in education, employment, reproductive rights mortgages, credit cards, loans, house rentals, prison, and the military. [read post]
16 Sep 2020, 1:05 pm
The author of this post is not associated with the firm.] [read post]
