Search for: "FEDERAL HOME LOAN MORTGAGE ASSOCIATION"
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8 May 2012, 10:09 am
These documents were allegedly provided to obtain $1.4 million in loans to purchase a $1.75 million home. [read post]
24 Sep 2009, 9:49 am
Mike Anderson (President of Essential Mortgage, Louisiana Mortgage Lenders Association Past President, and the National Association of Mortgage Brokers Co-Chair of Government Affairs) testified before the Federal Reserve Board today on this issue. [read post]
20 Apr 2011, 2:24 pm
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEBy Drew Brooks Staff writer RALEIGH – A Fayetteville police officer who fell victim to an alleged mortgage scam testified Wednesday that she lost her home as a result of her dealings with Eric Omar Jones. [read post]
24 Sep 2009, 9:49 am
Mike Anderson (President of Essential Mortgage, Louisiana Mortgage Lenders Association Past President, and the National Association of Mortgage Brokers Co-Chair of Government Affairs) testified before the Federal Reserve Board today on this issue. [read post]
13 Jul 2022, 10:58 am
Most recently: The Rhode Island Department of Banking amended Rule 230-RICR-40-10-2 (Lenders, Loan Brokers, Small Loan Lenders, Third-Party Loan Services and Mortgage Loan Officers) to codify previously issued guidance allowing for remote work locations for mortgage loan originators. [read post]
10 Jun 2015, 7:47 am
”The post 3 Convicted by Federal Jury of Offering Bogus Loan Modifications appeared first on Mortgage Fraud Blog. [read post]
9 Aug 2023, 12:11 pm
When it comes to financing a home purchase, understanding the various types of mortgages available is essential. [read post]
11 Jan 2013, 6:51 am
The new federal guidelines, which are required by the Wall Street Reform and Consumer Protection Act (commonly known as the Dodd Frank Act), establish minimum requirements for all mortgage loans. [read post]
31 Oct 2013, 8:16 pm
FHA insured loans now account for more than half of all new home loans. [read post]
24 Mar 2020, 9:04 am
In addition, the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, more commonly known as Fannie Mae and Freddie Mac, respectively, have instituted moratoriums on foreclosures, as well as forbearance options for those affected by the coronavirus pandemic. [read post]
15 Jun 2022, 11:32 am
A buyer borrows the down payment for their mortgage loan from the seller of the home who asks for a second mortgage in exchange for it. [read post]
16 Dec 2011, 4:05 pm
The Securities and Exchange Commission has charged six ex-executives of the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) with securities fraud. [read post]
30 Apr 2011, 6:25 am
The forms will be major revisions of the two forms that borrowers receive when taking out a new mortgage loan. [read post]
31 Jul 2008, 10:02 am
Senate passed H.R. 3221, the Housing and Economic Recovery Act of 2008, which provides measures to shore up Fannie Mae, Freddie Mac and the Federal Home Loan Banks, and provides relief to thousands of homeowners facing foreclosure. [read post]
13 Sep 2016, 2:06 pm
These programs incentivize lenders to make loans to potentially risker borrowers because the federal government essentially guarantees the loan and will reimburse the owner of the loan for losses associated with default. [read post]
22 Jul 2009, 9:48 am
According to a July 15 article from the Associated Press, the lawsuits name companies that allegedly took thousands of dollars from each client and did nothing to help them keep their homes. [read post]
8 May 2009, 10:12 am
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 dated) from dismissing all… [read post]
26 Oct 2011, 6:50 am
Between 2000 and 2003, the men and some associates carried out a scheme to purchase high-end homes for more than they were worth and simply keep the difference between the marked value they paid and the much higher loans they took out. [read post]
29 Mar 2010, 8:52 am
More than half of borrowers who received loan modifications on delinquent mortgages default again within nine months, according to a new federal report published by Bloomberg News. [read post]
7 Oct 2014, 9:40 am
The federal Housing and Urban Development Department (HUD) certifies agencies to help consumers with foreclosure prevention, loan modification, reverse mortgages and other complications that come with home ownership. [read post]
