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9 Apr 2012, 7:11 am
Marmarinos opposed this, saying he believed the loans had been sold to Fannie Mae. [read post]
22 Oct 2011, 12:34 pm
According to the Los Angeles Times, these settlements include: • A promise to forgive up to $3 billion in principal for Massachusetts Countrywide borrowers • $600 million to former Countrywide shareholders • Billions of dollars to Freddie Mac and Fannie Mae over buybacks of bad home loans • $8.5 billion to institutional investors over the repurchase of Countrywide mortgage-backed bonds • $5.5 billion reserved for mortgage bond investors with similar claims … [read post]
25 Feb 2013, 5:54 pm
On March 1, 2013, Fannie Mae and Freddie Mac will begin to allow some homeowners who need to move but are stuck in their “underwater homes” to give up their houses and cancel their debt. [read post]
18 Feb 2009, 7:20 am
One program is aimed at 4 to 5 million struggling homeowners with loans owned or guaranteed by Fannie Mae or Freddie Mac to help them refinance their mortgages through the two institutions. [read post]
15 Jul 2010, 11:42 am
" Explicit government guarantees such as deposit insurance and implicit guarantees such as the beliefs that the government would not let Fannie or Freddie fail and that some banks were to big to be allowed to fail meant that key actors could externalize risk to the taxpayer. [read post]
31 Oct 2019, 3:57 am
Supreme Court to toss out a lawsuit by Fannie Mae and Freddie Mac investors that challenged the federal government’s hoarding of almost all the mortgage giants’ profits. [read post]
2 Apr 2010, 10:52 am
And as we saw with Fannie and Freddie, unrestricted access to credit is not, in fact, a "good thing;" it's a way to quickly bankrupt an institution (or agency). [read post]
4 Jan 2011, 6:15 am
-http://goo.gl/iTIyBPrecedent: New Poll: The biggest legal stories of 2010 -http://goo.gl/gMEynLaw Times - Ontario Court of Appeal dismisses law firm’s claim against rival - http://goo.gl/cPjO6Judge upholds Pa. woman's groping suit against Disney; Donald Duck character at Epcot blamed - http://goo.gl/qlao9Chrome Ends 2010 With Market Share Of 9.98% | WebProNews -http://goo.gl/vlkrZBank of America to pay $3billion to settle claims for poorly underwritten mortgages sold to Fannie… [read post]
20 Oct 2011, 10:15 am
Another excerpt: Heading its Office of Fair Lending is Patrice Ficklin, a a black civil-rights lawyers who headed Fannie Mae's racial grievance unit. [read post]
2 Oct 2008, 12:08 am
Since then the government tried to avoid bailing out Fannie Mae and Freddie Mac and lost. [read post]
9 Nov 2021, 2:03 pm
One lead plaintiff in the lawsuit is 76-year-old Broward County resident Fanny Millstein, who with her husband invested their life savings with Seeman Holtz and were not repaid their principal when their notes matured. [read post]
12 Dec 2018, 6:10 pm
Fannie Lafontaine. [read post]
17 May 2011, 9:48 am
The Federal Home Loan Bank System was created to mobilize funds for home lending and Fannie Mae was created to purchase Federal Housing Administration-insured homes. [read post]
29 Jun 2011, 2:14 pm
Not only do unpaid condo fees threaten the financial health of a condominium, but a high delinquency rate can run afoul of Fannie Mae/Freddie Mac and FHA condominium lending guidelines, thereby hindering the sale of a unit. [read post]
15 Oct 2008, 9:48 pm
It only took over Fannie and Freddie because Congress passed legislation in July permitting it to do so. [read post]
15 Sep 2008, 5:48 pm
Of course, we had a feeling news was coming of an economic meltdown after what happened with Fannie and Freddie, as well as Bear Stearns.But when I heard this statement from John McCain, I had to wonder, "Which one of us is living in a delusional parallel universe? [read post]
9 Feb 2022, 7:36 am
” The CFPB also states that it is “deeply troubled by the discriminatory statements the Federal Housing Finance Agency recently identified in some home appraisals, and the appraisal disparities for communities and borrowers of color recently found in both Freddie Mac and Fannie Mae studies. [read post]
8 Dec 2022, 12:22 pm
Most residential loans are backed by the government-sponsored enterprises Fannie Mae and Freddie Mac or the Federal Housing Administration. [read post]
24 Apr 2012, 12:13 pm
Ferrer apparently told police he had been drinking at the Fulton Industrial strip club, Fannie's Cabaret. [read post]
27 Feb 2012, 2:00 pm
Throughout the movement, women like Septima Clark, Coretta Scott King, Ella Baker, Myrlie Evers, Fannie Lou Hamer and others marched and spoke and worked to make our nation a more equal place, where men and women of every race had the same fair shot. [read post]
