Search for: "Federal Housing Finance Agency "
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7 Oct 2011, 8:20 am
House Oversight Committee Chair Darrell Issa (R-CA) has written a letter to the Federal Housing Finance Agency requesting documents involving lawsuits the agency has filed against financial institutions over the sale of mortgage-backed securities to Fannie Mae and Freddie Mac. [read post]
7 Oct 2011, 6:00 am
It must be the case that the favorable financing comes via a programmatic connection to New York City agency tax-exempt bonds (which I haven’t bothered to research). [read post]
6 Oct 2011, 4:07 pm
The Federal Housing Administration, run by HUD, insures mortgages on loans to borrowers who can't find traditional financing, such as those with low incomes. [read post]
4 Oct 2011, 2:22 pm
That securities complaint is one more than a dozen brought by the Federal Housing Finance Agency last month against the large banks that packaged and sold MBS at the height of the housing boom. [read post]
4 Oct 2011, 6:32 am
The Federal Housing Finance Agency, which regulates Fannie Mae, had a growing awareness of potential foreclosure-processing problems in 2010, when it discovered that “documentation problems were evident and law firms…were not devoting the time necessary to their cases due to Fannie Mae’s flat fee structure and volume-based processing model,” according to the report due out today by the inspector general of the FHFA. [read post]
3 Oct 2011, 8:27 am
Died in House Finance Committee when legislature adjourned. [read post]
2 Oct 2011, 8:47 am
Despite learning about this fact, Fannie Mae did nothing to improve the oversight of these firms working for the Federal Housing Finance Agency, The Palm Beach Post reports. [read post]
2 Oct 2011, 6:13 am
" Here's the kicker -- you can draw your own conclusions: Friday's report also noted that Federal Housing Finance Agency officials told the inspector general they were unaware of the 2006 report until it was disclosed in a March 2011 "magazine article. [read post]
1 Oct 2011, 6:14 am
In the end, his debt to Citibank was more than $11,000, including finance charges, but the bank said it was willing to settle for much less. [read post]
28 Sep 2011, 10:03 pm
Evaluation of the Federal Housing Finance Agency’s Oversight of Freddie Mac’s Repurchase Settlement with Bank of America, September 27, 2011... [read post]
28 Sep 2011, 8:53 am
For those interested in some light reading, take a peek at the Federal Housing Finance Administration Office of the Inspector General's website. [read post]
27 Sep 2011, 1:15 pm
Steve Linick is wrapping up his first year on the job as the first-ever inspector general of the Federal Housing Finance Agency with a bang. [read post]
26 Sep 2011, 11:46 am
The Federal Housing Finance Agency's Office of Inspector General released a report on September 23 that details how Fannie and the FHFA have effectively botched "operational risk" management. [read post]
26 Sep 2011, 9:47 am
Additionally, the bill states that it is declaratory of existing law.SB 559 (Padilla) Discrimination: Genetic Information - This bill prohibits discrimination under the Fair Employment and Housing Act and Unruh Civil Rights Act on the basis of genetic information. [read post]
24 Sep 2011, 3:58 am
Because it was required to defer to the reasonable construction of a statute by the agency that Congress had authorized to interpret it, the court held that the MMWA precluded enforcement of pre-dispute agreements such as Porsche's that required mandatory binding arbitration of consumer warranty claims. [read post]
23 Sep 2011, 9:32 am
Here the SEC, a government agency, is a party. [read post]
23 Sep 2011, 6:21 am
Housing Failings: The Wall Street Journal previews two reports to be released today by the inspector general of the Federal Housing Finance Agency. [read post]
21 Sep 2011, 7:48 pm
"We are certainly concerned about ensuring that these higher risk mortgages are adequately and appropriately serviced, and this was an arrangement that helped to realize that goal," Edward DeMarco, acting director of the Federal Housing Finance Agency, said after remarks at a mortgage conference sponsored by the N.C. [read post]
21 Sep 2011, 6:48 am
Other programs are even more generous: Really, I don’t mind Federal Housing Administration loans also have refinancing options. [read post]
18 Sep 2011, 4:29 pm
The deregulation of the banking industry, which had begun under President Carter and been completed during Clinton’s second term, coupled with extraordinarily lax regulation of the nonbank banks (such as Goldman Sachs, Merrill Lynch, and Lehman Brothers) by the Securities and Exchange Commission (which had the principal regulatory authority over the nonbank banks) under the last chairman appointed by Bush, lax regulation of insurance companies (such as AIG) by state insurance commissioners,… [read post]
