Search for: "Federal Home Loan Mortgage Corporation, a federally chartered corporation" Results 1 - 20 of 56
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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]
18 May 2008, 9:36 am
Because of recent underwriting changes by Fannie Mae, the federally chartered company that buys home mortgages and sells them as securities, lenders are now required to examine an association’s finances before making loans. [read post]
7 Apr 2009, 5:53 am
  And if you need more help, call Lakelaw at 1 866 LAKELAW instead of the mortgage modification company scammers that the United States Department of Justice and Attorneys General around the company are trying to shut down HOW TO REACH YOUR MORTGAGE COMPANY ABN Amro Mortgage Loss Mitigation: Customer Service: 800-793-8900 Web:  http://www.mortgage.com Accredited Home Lenders         … [read post]
9 Nov 2016, 6:33 am by Ronald Mann
” 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]
12 Jun 2011, 3:10 pm by Richard Posner
They were not regulatory agencies; until they collapsed during the financial crisis of 2008 and were taken over by the federal government, they were private corporations that had been chartered by Congress to promote home ownership. [read post]
12 Sep 2019, 11:40 am by Jeremy T. Rosenblum
The loan in question was made by Bank of Lake Mills, a Wisconsin state-chartered bank, to CMS Facilities Maintenance, Inc. [read post]
16 Apr 2007, 3:24 am
Freddie Mac: Federal Home Loan Mortgage Corporation (FHLM); a federally-chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors; this provides lenders with funds for new homebuyers. [read post]
16 Jul 2018, 5:53 pm by Jonathan H. Adler
Among other things, HERA created a new independent federal entity—the Federal Housing Finance Agency ("FHFA")—to oversee two of the nation's largest financial companies, government-chartered mainstays of the U.S. mortgage market: the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac"). [read post]
28 Sep 2013, 4:35 pm by Adam Levitin
Wachovia:  does federal preemption under the Home Owners Loan Act (HOLA) apply to a mortgage that was made by Wachovia FSB, but is now owned by Wells Fargo, N.A.? [read post]
6 Aug 2018, 6:00 am
(Note though that FHA calls its current loan modification program FHA-HAMP.)Options for Fannie Mae and Freddie Mac LoansFannie Mae and Freddie Mac are large government-chartered corporations that own or guarantee over one-half of the home mortgages in the country. [read post]
29 Nov 2018, 11:58 am by Wolfgang Demino
Unlike with securitized mortgages, there were no homes as secured real assets to foreclose on, leaving collection lawsuits against borrowers and cosigners, followed by execution on nonexempt assets and garnishment, as forcible collection tools. [read post]
29 Mar 2023, 11:15 am by Guest Author
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]
25 Oct 2012, 10:09 am by Rosa Schechter
The Government’s Complaint seeks damages and civil penalties under the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”) for engaging in a scheme to defraud the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”). [read post]
16 Aug 2016, 7:52 am by John Jascob
After assuming control of Wescorp, the NCUA determined that offering documents for RMBS issued by Wachovia Mortgage Loan Trust, LLC (Wachovia) and Nomura Home Equity Loan, Inc. [read post]
10 May 2010, 9:07 pm by Jacob Sapochnick
Marchant (R-TX) on 3/3/10 Summary: Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to prohibit the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation Act (Freddie Mac) from purchasing a single-family housing (1-to-4 family residence) mortgage… [read post]
19 Jul 2008, 2:30 pm
Second, it deals with the Federal Home Loan System, which was seen as less in need of drastic change.With regard to Fannie Mae and Freddie Mac, both bills establish an independent regulator and makes the GSEs function more like private corporations. [read post]
29 Nov 2023, 6:45 am by Candace Milner
In 1975, Congress approved the Home Mortgage Disclosure Act (HMDA) to quantify where and to whom banks made loans. [read post]
5 Apr 2018, 7:55 pm by Wolfgang Demino
It additionally departs from the most on-pointcase that can be cited for the proposition that other states’ judicial decisions on matters of evidence should be disregarded in favor of home-grown decisional law. [read post]
17 Sep 2021, 10:46 am by Ernesto Falcon
 30-year fixed mortgages enable many people to purchase homes, even if they could never gather the cash necessary to make the purchase all at once. [read post]
16 May 2014, 11:25 am by Adam Levitin
So in 1938, the Reconstruction Finance Corporation (a government corporation) created a subsidiary called Federal National Mortgage Association of Washington, DC. [read post]