Search for: "Federal Home Loan Mortgage Corp.,"
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14 Mar 2012, 6:43 am
The whistleblower suit remains pending against Wells Fargo Bank, Bank of America, CitiMortgage, Suntrust Mortgage, Washington Mutual Bank, PNC Bank (which acquired National City Mortgage Co.), Countrywide Home Loans, Mortgage Investors Corp., and First Tennessee Bank (which acquired First Horizon Home Loan Corp.). [read post]
19 Jan 2010, 6:15 am
The administration has put off restructuring federally controlled mortgage-finance companies Fannie Mae and Freddie Mac while they are administering the mortgage- modification program. [read post]
2 Oct 2009, 1:05 pm
Wachovia Mortgage Corp, et al. [read post]
22 Oct 2011, 12:34 pm
Against the Financial Firm, Institutional Investor Securities Blog, August 29, 2011 Federal Home Loan Banks Say Countrywide Financial Corp Mortgage Bond Investors May Be Owed Way More than What $8.5B Securities Settlement with Bank of America Corp. is Offering, Institutional Investor Securities Blog, July 22, 2011 Bank of America and Countrywide Financial Sued by Allstate over $700M in Bad Mortgaged-Backed Securities, Stockbroker Fraud… [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]
18 Jul 2007, 9:00 am
Holdings subsidiary BNC Mortgage Inc.; Accredited Home Lenders Inc.; H&R Block subsidiary Option One Mortgage Corp.; General Electric-owned WMC Mortgage Corp.; and Fremont General Corp.'s Fremont Investment & Loan. [read post]
3 Sep 2011, 12:52 am
This agency oversees Fannie and Freddie which purchase mortgage loans and securities issued by lenders. [read post]
3 Sep 2011, 12:52 am
This agency oversees Fannie and Freddie which purchase mortgage loans and securities issued by lenders. [read post]
13 Nov 2008, 12:07 pm
Home Owners’ Loan Act (HOLA) Preempted Class Action Claims Premised on Scheme to Defraud Senior Citizens into Entering into Reverse Mortgages but Plaintiff given Leave to File Amended Class Action Complaint California Federal Court Holds Plaintiff filed a putative class action against Financial Freedom Senior Funding Corporation alleging that “Financial Freedom instituted a complex scheme to defraud senior citizens in the structuring,… [read post]
30 Nov 2007, 9:25 am
By Alan White Consumer advocates, state and federal regulators and politicians are calling on subprime mortgage servicers to modify loan terms to stem the rising tide of home foreclosures. [read post]
21 Mar 2009, 3:01 pm
An AIG unit - United Guaranty Mortgage Indemnity Co.., which is based in Greensboro, North Carolina, filed a suit in federal court in Los Angeles in case number 09-1888 (another suit was apparently also filed ins California state court per Reuters) , against Countrywide Financial Corp. alleging misrepresentation as to $1 billion of mortgage loans upon which it issued mortgage insurance. [read post]
19 Mar 2008, 5:22 am
E*Trade Mortgage Corp., 514 F.3d 1001, 1003 (9th Cir. 2008). [read post]
4 Oct 2011, 2:22 pm
It was just earlier this year that the Federal Deposit Insurance Corp. sued three ex-WaMu executives for allegedly gambling billions of the bank’s money on risky home loans while they lined their own pockets. [read post]
6 Jan 2015, 6:30 am
Last year Federal Home Loan Mortgage Corp. v. [read post]
26 Apr 2010, 9:09 pm
Defendant Countrywide Home Loans raised money to finance the loans by selling mortgages in securitization transactions “to specially created trusts, which received payment of interest and principal from mortgage borrowers. [read post]
8 Mar 2013, 7:26 am
& A. for Prelim Injunction, In re: Wachovia Corp. [read post]
12 Jul 2011, 2:48 pm
District Court for the Southern District of New York On July 7, 2011, New York federal Judge Jed Rakoff slashed Assured Guaranty Municipal Corp’s suit for reimbursement and indemnification against Flagstar Bank FSB alleging that defendant misrepresented the quality of some $900 million in mortgage-backed securities insured by AGM. [read post]
9 Nov 2016, 6:33 am
” A third theme embraced one of Rosenkranz’s strongest points: the difference between the charters for Freddie Mac (the Federal Home Loan Mortgage Corporation) and Fannie Mae. [read post]
20 Jul 2015, 1:59 pm
Judge Hellerstein held that the action was time-barred under New York’s six-year statute of limitations, citing the New York Court of Appeals’ decision in ACE Securities Corp., Home Equity Loan Trust, Series 2006-SL2 v. [read post]
29 Aug 2011, 5:01 pm
BofA Again Sued Over MBS, Yahoo, August 25, 2011 Bank of America agrees to $8.5B Countrywide settlement, Biz Journals, June 29, 2011 Western & Southern sues over investments, Business Courier, July 29, 2011 More Blog Posts: AIG Files $10 Billion Mortgage-Backed Securities Lawsuit Against Bank of America, Institutional Investors Securities Blog, August 13, 2011 Wall Street Knew 28% of the Loans Behind Mortgage Backed Securities (MBS) Failed to Meet Basic… [read post]
