Search for: "Federal National Loan Mortgage"
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18 Oct 2010, 7:29 am
Brown has led the fight against fraudulent mortgage rescue and loan modification companies. [read post]
31 Dec 2013, 1:42 pm
Federal law always considered the difference between the sales amount on the foreclosure and the mortgage balance, or the amount negated in a mortgage loan modification as income, even though the Florida home owner never saw any dollar bills in the palm of his hand. [read post]
26 Aug 2009, 1:01 pm
The ruling was closely watched because its precedent may affect investors in mortgage-backed securities at other lenders, which are under intense political pressure to modify loans. [read post]
9 Oct 2012, 12:42 pm
$8 Billion Settlement to Be Received in Florida In all, a settlement of $25 billion was reached with state of Florida and federal authorities in regard to 5 of the nation's largest lenders engaging in the robo-signing scandal. [read post]
3 May 2012, 4:00 am
Under Dodd-Frank Section 1412, a loan that meets the definition of a “qualified mortgage” (QM) is presumed to meet the ability to repay requirements. [read post]
19 Jul 2011, 6:23 am
Now, according to a report, two banks, JPMorgan and RBS, are being sued by the National Credit Union Administration (NCUA) for "untrue statements of material fact," or "omitted to state material facts" which is against federal and state securities laws. [read post]
14 Mar 2014, 9:24 pm
Are there private or Federal student loans? [read post]
30 Dec 2014, 9:53 am
Morgan Stanley lawsuit asserts that Morgan Stanley pursued mortgage securitization policies and practices that, through their funding of now-defunct mortgage lender New Century Mortgage Company, resulted in a significant discriminatory impact on African-American borrowers in the Detroit metropolitan area, flooding the already highly segregated community with toxic, combined-risk subprime loans in the lead-up to the collapse of the housing market in 2008. [read post]
24 Aug 2021, 11:24 am
This program is available for mortgages owned or guaranteed by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
25 Apr 2016, 8:00 am
In its Mortgage Fraud Overview, the Federal Bureau of Investigations (“FBI”) explains: “Mortgage fraud is a crime characterized by some type of material misstatement, misrepresentation, or omission on a loan which is then relied upon by a lender. [read post]
24 May 2018, 8:40 pm
• You are not delinquent on any federal student loans or other federal debt. [read post]
12 Mar 2020, 3:06 pm
Other claims against Deutsche Bank remain ongoing, including a suit brought by the National Credit Union Administration. [read post]
16 May 2011, 5:22 pm
Confidential Federal Audits Accuse Five Biggest Mortgage Firms Of Defrauding Taxpayers [EXCLUSIVE] http://www.huffingtonpost.com/2011/05/16… WASHINGTON — A set of confidential federal audits accuse the nation’?? [read post]
27 Aug 2014, 7:59 am
Conrad, Jr. to prison for their roles involving computer theft from a nation-wide online mortgage broker. [read post]
31 May 2012, 12:04 pm
Ocwen is a large mortgage servicing firm, but it still only holds about a half a million mortgage loans, and of those, 65,000 are underwater. [read post]
20 May 2015, 8:18 am
Financing for the projects came in the form of secured loans from First National Bank of the Rockies (FNBR). [read post]
10 Oct 2011, 3:56 pm
The Federal Housing Administration and the Veterans Administration do not allow principal reduction on their loans either. [read post]
12 Apr 2012, 8:55 am
According to the Federal Reserve, Saxon Mortgage was the 34th-largest residential loan servicer in the U.S., collecting payments on more than 225,000 home loans. [read post]
12 Apr 2012, 8:55 am
According to the Federal Reserve, Saxon Mortgage was the 34th-largest residential loan servicer in the U.S., collecting payments on more than 225,000 home loans. [read post]
5 Nov 2014, 9:20 am
To qualify to sell loans to Fannie or Freddie, the lenders must follow guidelines laid down by the federal agencies or face the possibility of being forced to buy back the loans. [read post]
