Search for: "Fannie Mae chase bank"
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3 Oct 2010, 12:49 am
Regardless, a court-ordered foreclosure sale took place and the home was purchased by Fannie Mae, a government-backed lender. [read post]
27 Sep 2010, 7:38 am
In this case, Chase attempted to foreclose on a home, when the mortgage note was actually owned by Fannie Mae. [read post]
23 Sep 2010, 4:10 am
Many private lenders – including Bank of America, Chase, Citi, Wells fargo, U.S. [read post]
17 Sep 2010, 4:35 am
Just days after the Waleses were told by banking giant Chase that they had been approved for a mortgage modification, the company foreclosed, selling the three-bedroom townhouse in Bristow to Fannie Mae and imperiling the family's place in a community that has rallied around Alex at every turn. [read post]
11 Sep 2010, 5:44 am
This wouldn’t count against his bonus, because Fannie Mae guidelines allow for modifications to be considered, but investors would see what was done as related to the modification, so everything had to be thoroughly documented. [read post]
31 Aug 2010, 11:14 am
A report by Fitch Ratings illustrates that, in a worst-case scenario, the buybacks may result in a combined loss of between $17 billion and $42 billion for the nation’s four largest banks – Bank of America, JPMorgan Chase, Wells Fargo, and Citi. [read post]
11 Aug 2010, 8:02 am
As we all know, all the banks’ residential lending is being funded by the Federal government and its three F-amigos: Fannie Mae, Freddie Mac, and FHA. [read post]
6 Jul 2010, 9:06 am
Desoer, President, Bank of America Home Loans Mr. [read post]
28 May 2010, 4:32 pm
The nation’s four largest lenders – Bank of America, Citigroup, Wells Fargo, and JPMorgan Chase – are the largest sellers of home loans to Fannie and Freddie and will likely take the biggest hits. [read post]
10 May 2010, 11:15 pm
About Chase Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. [read post]
5 May 2010, 8:59 am
Lenders financed these transactions because they knew they could sell their mortgages to federally-backed greater fools, Fannie Mae and Freddie Mac. [read post]
3 May 2010, 11:50 pm
In the beginning, Fannie Mae was run like a national savings and loan that allowed banks to charge significantly lower interest rates on mortgages to those purchasing a home. [read post]
15 Apr 2010, 7:28 pm
While Alloway notes that lenders like JP Morgan Chase are pushing back against repurchase demands by Fannie Mae and Freddie Mac (something we also discussed in an earlier post), and that JP Morgan Chase asserts that 50% of the buyback requests go unfulfilled, she also points out that Chase's last 10Q filing stated that "[i]t anticipates that its 2010 revenue could be negatively affected by elevated levels of repurchases of mortgages previously… [read post]
25 Mar 2010, 10:15 pm
ThePeoplesVoice.org has posted an article about Fannie Mae and Freddie Mac's intents to repay $21 billion worth of home mortgages to banks this year. [read post]
1 Mar 2010, 7:44 pm
Fannie and Freddie are the only game in town when it comes to loan purchases, while the GSEs need big loan originators like Wells Fargo, Bank of America, and JP Morgan Chase, so it can't afford to financially damage them or honk them off to the point that they get really creative and find a way to bypass Fannie and Freddie or simply say "screw it" and focus on something more profitable and less likely to involve the US Government changing the deal… [read post]
19 Feb 2010, 2:29 pm
Private-label securities are based on mortgage loans that did not meet the lending standards of a government-sponsored entity, such as Fannie Mae or Freddie Mac. [read post]
14 Feb 2010, 5:53 am
There was the Sunday in August when the Federal Reserve and the Treasury Department decided to seize Fannie Mae and Freddie Mac. [read post]
14 Feb 2010, 5:53 am
There was the Sunday in August when the Federal Reserve and the Treasury Department decided to seize Fannie Mae and Freddie Mac. [read post]
5 Feb 2010, 6:05 am
None of the most prominent failures of the financial crisis—Fannie Mae, Freddie Mac, AIG, Bear Stearns, or Lehman Brothers—were deposit-taking banks. [read post]
2 Feb 2010, 7:44 pm
Then again, I don't own stock in Bank of America, J.P.Morgan Chase, or Wells Fargo. [read post]