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29 Dec 2011, 11:49 pm
Marco put the video together to let people know that the Fannie and Freddie annual-moratorium-for-the-holidays is ending on January 3rd. [read post]
29 Dec 2011, 9:36 pm
Filing for bankruptcy can delay a foreclosure so you can negotiate with a mortgage lender.Obama’s expansion of the Home Affordable Refinance Program will allow several refinances of mortgage lenders of Fannie Mae and Freddie Mac. [read post]
29 Dec 2011, 4:53 pm
After origination, Countrywide sold or securitized for sale the bulk of the mortgages it originated in the secondary markets either to private investors or government entities such as Fannie Mae and Freddie Mac. [read post]
29 Dec 2011, 10:46 am
SEC's Schapiro Asks Congress to Raise Limits on Securities Fines, Bloomberg/Businessweek, November 29, 2011 More Blog Posts: SEC Files Charges in $27M Washington DC Ponzi Scam, Stockbroker Fraud Blog, November 21, 2011 Former Fannie Mae and Freddie Mac Executives Face SEC Securities Fraud Charges, Institutional Investor Securities Blog, December 16, 2011 Banco Espirito Santo S.A. [read post]
28 Dec 2011, 3:35 pm
Willis' assertion that Freddie and Fannie being forced to comply with the ordinance will cost taxpayers money is a bit off. [read post]
28 Dec 2011, 3:30 pm
Freddie also agreed that it had $541 billion in reduced documentation loans alone, vastly more than the $190 billion in previously disclosed Alt-A loans which Freddie had said included loans with reduced documentation. [read post]
27 Dec 2011, 8:14 pm
You'd start off with Peter "the poor people did it" Wallison, whose argument about the role of Fanny/Freddy looks sillier the further he digs himself in. [read post]
27 Dec 2011, 6:02 pm
The prepayment notification provision in the stanard Fannie/Freddie note is an additional undertaking that makes a note non-negotiable under UCC 3-104. [read post]
27 Dec 2011, 4:24 am
The federal government is suing to overturn Chicago’s law requiring lenders to maintain properties they don’t own [WSJ editorial]: Earlier this month the federal agency that oversees Fannie Mae and Freddie Mac sued Chicago for its vacant-buildings ordinance, which requires that a “mortgagee” register vacant properties, pay a $500 fee to the city, comply with onerous maintenance requirements and face a $1,000 daily fine for noncompliance. [read post]
26 Dec 2011, 3:48 pm
Freddie Mac (FMCC) and Fannie Mae (FNMA), the two government-controlled mortgage giants, are freezing all foreclosure evictions on mortgage loans they own or back from Dec. 20th through Jan.3rd. [read post]
25 Dec 2011, 1:00 am
The Federal Housing Finance Agency is reviewing a proposal that would permit Judges of Chapter 13 cases to give 0.00% interest rates on FHFA loans during the duration of the five year cases. [read post]
24 Dec 2011, 3:48 pm
The SEC has been working to hold accountable those responsible for corporate wrongdoing--including a suit brought last week against former executives of Fannie Mae and Freddie Mac--but the Commission has said that it is hindered by the lack of adequate resources to properly handle its vast regulatory responsibilities. [read post]
23 Dec 2011, 2:14 pm
It has not been a banner couple of weeks for Fannie Mae and Freddie Mac. [read post]
23 Dec 2011, 1:16 pm
In my book, I am tracing this practice from the royal charters in the South Seas and French Mississippi bubbles all the way to Freddie and Fannie in the present day. [read post]
23 Dec 2011, 10:58 am
The bill also requires Fannie and Freddie to passthrough that increased revenue to the U.S. [read post]
23 Dec 2011, 9:23 am
The legislation increases the guarantee fees that are charged to mortgage lenders with respect mortgage-backed securities by Fannie Mae and Freddie Mac by 10 basis points. [read post]
23 Dec 2011, 8:27 am
Our Miami foreclosure defense lawyers have seen how government-backed Fannie Mae and Freddie Mack knew about robo-signing problems and did little to address it. [read post]
23 Dec 2011, 6:35 am
Masto is suing Bank of America and its Countrywide division, accusing them of reneging on a settlement of an earlier predatory lending case, and Harris is investigating Bank of America, along with Citibank, Fannie Mae and Freddie Mac, for other reasons. [read post]
23 Dec 2011, 12:00 am
Last Friday, the Securities Exchange Comission sued 6 former Fannie Mae and Freddie Mac executives for securities fraud.Citing a successful recovery under the protection afforded by the Endangered Species Act, the U.S. [read post]
22 Dec 2011, 10:45 am
"SEC Charges Former Fannie Mae and Freddie Mac Executives with Securities Fraud [read post]
