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7 Jun 2012, 12:57 pm
EquityLock Solutions President Ted Rusinoff said DLA Piper is helping his company in its efforts to assist the U.S. government with the sale of formerly foreclosed homes held by Fannie Mae, Freddie Mac and the Federal Housing Administration. [read post]
11 Nov 2010, 2:00 pm
‘Stupidest Lawsuit Ever’: Freddie Mac Sues Feds, Taxpayers Pay Either Way and Law Firm Profits – ABA Journal – Yes, but let's not forget that the Shearman & Sterling lawyers will be paying income tax on those profits, and they're all in pretty high brackets. [read post]
19 Sep 2008, 10:14 pm
Many blogs have noted this announcement from Concurring Opinions, which states that "Concurring Opinions, like A.I.G. and Fannie Mae/Freddie Mac before it, is now too big too fail. [read post]
12 Nov 2008, 2:43 pm
And I think that this is why the announcement yesterday was accompanied by this statement of eligbility: The loan is a Freddie Mac, Fannie Mae or portfolio loan with participating investors.So it appears that the loan modification program, criticized by some as insufficient already, applies only to the loans that Frannie kept or those that it/they packaged and sold ... if the buyers are willing to participate in the modification. [read post]
30 Nov 2010, 1:29 pm
(Fannie, and Freddie, to be sure, remain waaaay out of the money). [read post]
3 May 2015, 2:37 pm
Presenters and panelists include: Seth Apple, President, Metro New York Chapter of the Legal Marketing Association & Business Development Manager, Davis Polk & Wardwell Guy Alvarez, Chief Engagement Officer, Good2bSocial, LLC Mark Cohen, Founder & CEO, Legal Mosaic, LLC Daryl Drabinsky, Senior Digital Communications Manager, DLA Piper Lee Garfinkle, Chief Marketing and Business Development Officer of the Americas, Allen & Overy LLP Judy Selby, Partner, Baker & Hostetler LLP Kevin… [read post]
14 Feb 2012, 11:19 am
The program has been lifeless since July 2010, when the Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac not to underwrite mortgages with PACE loans, as PACE liens are senior to home mortgages. [read post]
7 Oct 2019, 3:01 am
” Fannie and Freddie “quickly complied” and brought the punch bowl back out [Damian Paletta, Washington Post/MSN] Tags: discrimination law, EEOC, immigration law, landlord tenant law, Minnesota, mortgages, NYC, sexual orientation, transgender [read post]
15 Nov 2009, 8:11 pm
There are investigations under way at Fannie and Freddie. [read post]
7 Nov 2010, 8:25 am
Scott's sworn testimony is a statement that the officers were alerted as to when Fannie Mae and Freddie Mac auditors were coming to the office so that employees could "alter client codes and hide files" that were being handled improperly. [read post]
27 May 2008, 9:17 am
The government index is calculated by tracking mortgage loans under $417,000 that are purchased or backed by the government-sponsored mortgage-finance companies, Fannie Mae and Freddie Mac. [read post]
18 Aug 2010, 5:44 am
A figure of 100 on the index would indicate virtually no risk of fraud.....Back of the Yards -- ZIP code 60609 -- had an index of 309.So basically, the wicked scammers found a way to exploit lenders even with their newly improved, more rigid underwriting systems, and loan guarantors (FHA, Fannie Mae, Freddie Mac) (taxpayers) will continue to eat the losses. [read post]
3 Oct 2010, 3:56 pm
The Federal Housing Finance Agency proposed a similar rule which could prohibit Fannie Mae and Freddie Mac from insuring or purchasing mortgages that include private transfer fees. [read post]
12 Nov 2008, 12:12 am
So far, Sallie Mae's relatively respectable performance bodes well, as it has avoided the fate ensnaring its former cousins, Freddie Mac and Fannie Mae. [read post]
13 Feb 2008, 7:27 am
Increase the availability of mortgages by providing a one-year boost to the cap on loans Fannie Mae and Freddie Mac can buy, from $417,000 up to $729,750 in high-cost markets.Information Courtesy of:Assocaited PressThe package amounts to about 1% of U.S. gross domestic product.Taxpayers will not have to apply for the rebate; it would come automatically based on their 2007 tax return.Economists who have analyzed the numbers say it will give the economy a much-needed boost in the middle of… [read post]
2 Jan 2009, 4:44 pm
In September, Fannie and Freddie's implied guarantee edged ahead.As the year wore on, analysts warned of an Oxymoron Bubble. [read post]
30 Oct 2011, 11:04 am
With some help from Cato colleagues: As bailouts go, Fannie/Freddie’s is on track to cost more than TARP [Mark Calabria; related, Arnold Kling] “Engineering the Financial Crisis: Systemic Risk and the Failure of Regulation” [Cato forum this past Thursday] Just like Valley Forge out there in the snow? [read post]
17 Jan 2009, 5:36 am
Wall Street did get "drunk" but Washington had set up the open bar.For that matter, most everyone else was also drinking the free booze: from homebuyers who put nothing down for a loan, to a White House that bragged about record home ownership, to the Democrats who promoted and protected Fannie Mae and Freddie Mac. [read post]
29 Oct 2011, 4:25 pm
Freddie Fu, chief of sports medicine at the University of Pittsburgh Medical Center. [read post]
4 Mar 2011, 11:00 am
Kuebler, Attorney* *Licensed only in New York and Connecticut Related posts:Federal Programs for Homeowners Two Programs Help Nevada’s Foreclosure Rate Obama Administration Putting Pressure on Fannie and Freddie to Agree to Principal Reductions [read post]
