Search for: "FANNIE MAE, (Federal National Mortgage Association)" Results 41 - 60 of 281
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29 Oct 2012, 10:32 am by BuckleySandler
On October 24, the United States Attorney’s Office for the Southern District of New York (SDNY) filed a $1 billion civil mortgage fraud lawsuit against a mortgage lender and a major financial institution in connection with loans sold to the government-sponsored enterprises (GSEs), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
6 Sep 2011, 10:37 am by Larry Tolchinsky
The Federal National Mortgage Association (FNMA or “Fannie Mae”) and the Federal Home Loan Mortgage Corporation (FHLMC or “Freddie Mac”) are two programs that are currently under the control and oversight of FHFA. [read post]
15 Jun 2011, 7:41 am by Zoe Tillman
Fannie Mae and its auditor, KPMG, were sued after the federal agency regulating Fannie Mae found that the mortgage giant had overstated profits and failed to comply with other generally accepted accounting principles. [read post]
10 Jul 2019, 4:30 am by Ed. Microjuris.com Puerto Rico
Federal National Mortgage Association El apartamento de abajo de la propiedad de Fannie Mae sufrió daños de casi un millón de dólares. [read post]
25 Aug 2012, 4:24 pm
District Court for the Southern District of New York has decided that ex-Federal National Mortgage Association executives do have to contend with a Securities Exchange Commission enforcement lawsuit over their alleged role in underplaying just how exposed the company was to high risk loans. [read post]
18 Mar 2011, 10:19 am by James Hamilton
Legislation reforming the government sponsored enterprises, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), has been introduced by House Financial Services Committee Chairman Spencer Bachus (R-Ala) and Vice Chairman Jeb Hensarling (R-TX). [read post]
3 Jul 2014, 4:17 pm by Sabrina I. Pacifici
FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages (AUD-2014-014) - 07/01/2014 “Banks that traditionally service mortgage loans backed by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (the Enterprises) have been selling the rights to service troubled loans (e.g., delinquent or in… [read post]
14 May 2007, 4:21 pm
Federal National Mortgage Association (FNMA or "Fannie Mae") is a federally chartered government sponsored enterprise that provides funds for commercial and residential mortgages. [read post]
4 Mar 2010, 5:09 am
Byrne focused his presentation on the new guidelines issues by the Federal Housing Administration ("FHA"), the Federal National Mortgage Agency ("Fannie Mae") and Federal Home Loan Mortgage Corporation ("Freddie Mac") in relation to loans made in condominiums. [read post]
8 May 2009, 10:12 am by SC Divorce and Disabilty
See entire order below.Ex Parte Federal National Mortgage Association, Petitioner.In Re Federal National Mortgage Association (“Fannie Mae”) Loans Subject to Foreclosure Sale.ORDERPetitioner asks this Court to issue an ex parte temporary injunction1 or restraining order “enjoining all judicial officials in South Carolina conducting foreclosure sales on May 4, 2009 (or the next judicial sales… [read post]
21 Jun 2018, 9:42 am by Stephanie Abbott
According to the plea agreement, Dustin, a licensed real estate broker, owned Home Choice Real Estate (HCRE), a company that contracted with the Federal National Mortgage Association (Fannie Mae) to manage […] The post Woman Pleads Guilty To Wire Fraud appeared first on Mortgage Fraud Blog. [read post]
10 Jan 2013, 12:34 pm by ADaigle
Transitional Standard: All loans eligible to be guaranteed by Fannie Mae and Freddie Mac or for Federal Housing Administration insurance will be granted QM status during a transitional period. [read post]
2 Sep 2008, 8:03 pm
Having now become explicitly government-backed entities, Fannie Mae and Freddie Mac (and their supporters in Congress) can no longer argue that they do not pose a risk to taxpayers. [read post]
14 Aug 2012, 9:24 am by James Hamilton
As a threshold matter, the court said that the Federal National Mortgage Association is not an exempt independent establishment of the United Statesunder Section 3(c) of the Exchange Act. [read post]
15 Feb 2021, 11:16 am by Cathy Moran
Fannie Mae (the Federal National Mortgage Association) has now come out with a range of options for the borrower after the forbearance period ends. 1. [read post]
9 Dec 2020, 3:00 am by Amy Howe
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]
13 Feb 2014, 1:36 pm by Sabrina I. Pacifici
February 12, 2014,  FHFA Oversight of Enterprise Handling of Aged Repurchase Demands “Why OIG Did This Report: “Various entities such as banks often sell mortgage loans to two Government Sponsored Enterprises – the Federal National Mortgage Association (Fannie Mae) and  the Federal Home Loan Mortgage Corporation (Freddie Mac); taxpayers invested heavily to keep these enterprises afloat during… [read post]
20 Feb 2014, 2:00 pm by Michael Wasserman
 Last week, the Federal National Mortgage Association announced that Buyers can receive up to 3.5 percent in closing cost assistance when purchasing Chicago area Home Path properties under its “first look” program. [read post]
16 Mar 2012, 2:37 pm by Molly Foley-Healy
The Federal Housing Finance Agency (FHFA) has published a Final Rule in the Federal Register that limits the ability of Fannie Mae, Freddie Mac and the Federal Home Loan Banks to deal in mortgages on properties that are encumbered by private transfer fee covenants. [read post]