Search for: "Federal Home Loan Bank"
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1 Mar 2011, 1:07 am
Clarista Bramble, 59, Randolph, Massachusetts, a former Bank of America employee, was sentenced in federal court for creating false documents to support fraudulent mortgage loan applications. [read post]
9 Jan 2013, 6:47 pm
The second settlement arises from a suit brought by the federal government against Bank of America and a host of other mortgage lenders. [read post]
18 Jul 2010, 9:30 am
A new group of scammers; calling themselves forensic loan auditors, mortgage loan auditors or foreclosure prevention auditors are the latest part of an ever growing group of people attempting to exploit financially distressed homeowners, says the Federal Trade Commission. [read post]
12 Sep 2019, 11:40 am
” The brief argues that, in light of the “disastrous” consequences to banks of limits on loan assignability, a bank’s right to charge the interest permitted by its home state would be “hollow” and “stunted” if a loan assignee could not charge the same interest as its bank assignor. [read post]
12 Mar 2009, 4:57 am
Across the country, attorneys general have already begun indicting dozens of loan processors, mortgage brokers and bank officers. [read post]
13 Apr 2011, 4:25 am
The new federal law prohibits any loan modification company from charging customers any upfront fees. [read post]
29 Mar 2023, 11:15 am
The Great Depression brought a federal thrift charter, a dedicated system of regulators, emergency liquidity from government-sponsored Federal Home Loan Banks, federal and state deposit insurance, and federal financing of home mortgages. [read post]
30 Apr 2015, 8:16 am
In early 2008, McBride, a now-disbarred criminal defense lawyer, recorded six fraudulent federal tax lien releases against his Marblehead home, in order to obtain a $288,000 loan secured by that property and deprive the IRS of its nearly $700,000 secured interest. [read post]
23 Jul 2013, 8:01 am
Wells Fargo Bank NA, the borrowers took out a $157,000 loan in 2009 secured by their home. [read post]
25 Nov 2008, 2:26 pm
This is very good news: In addition to consumer spending, the Fed announced it would buy up to $100 billion in mortgages held by Fannie Mae, Freddie Mac and the Federal Home Loan Bank in an effort increase the flow... [read post]
26 Jan 2012, 5:30 am
An expanded federal task force will begin examining big banks and other financial institutions suspected of improperly bundling home loans into securities for investors, Edward Wyatt and Shaila Dewan of The New York Times report. [read post]
22 Feb 2008, 2:30 pm
Homeowners across the country are defaulting on its mortgages and the federal home loan bank is on the hook for many of those [...] [read post]
19 Jan 2012, 6:02 am
A paperwork mistake was behind the ruling in BAC Home Loans Servicing v. [read post]
22 Feb 2021, 9:03 pm
HOLC provided loans to banks and homeowners who were unable to pay their mortgages. [read post]
19 May 2008, 10:14 am
Unable to sell the newly constructed homes, developers defaulted on their loans to ANB. [read post]
15 Mar 2010, 6:15 am
But Nebraska is also home to some major private student lenders, and he will be hard-pressed to vote in favor of a package that ends their lucrative business originating federal student loans. [read post]
1 Jun 2009, 8:29 am
A spokesperson for the Center for Responsible Lending also told the newspaper that the study should have taken into account the lowered payments expected for loan modifications made through the federal Making Home Affordable plan. [read post]
5 May 2009, 8:00 am
Whether the banks are so overwhelmed by loan modification requests that they can’t meet the needs of all their customers, or the banks simply are unwilling to grant loan modifications without the threat of legal action, it is clear that having legal counsel can mean the difference between success and failure when it comes to the difficult task of modifying your mortgage. [read post]
5 May 2009, 8:00 am
Whether the banks are so overwhelmed by loan modification requests that they can’t meet the needs of all their customers, or the banks simply are unwilling to grant loan modifications without the threat of legal action, it is clear that having legal counsel can mean the difference between success and failure when it comes to the difficult task of modifying your mortgage. [read post]
23 Mar 2017, 7:22 am
Things have changed since the local bank made you a loan to buy a house and collected the payments you made on that loan. [read post]
