Search for: "Agency Mortgage Corporation"
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3 Jun 2015, 8:18 am
Department of Housing and Urban Development (HUD), FHA’s parent agency, for the losses resulting from the defaulted loan. [read post]
13 Nov 2014, 4:37 pm
Senator Shelby was concerned that the legislation would have established the Federal Mortgage Insurance Corporation (FMIC) as an new, independent federal agency to develop standard form credit risk-sharing mechanisms, products, and security agreements that require private market holders of a covered security insured under the Act to assume the first loss position with respect to losses incurred on such securities. [read post]
28 Jun 2021, 10:41 am
In 1970, at the dawn of the database era, Congress decided that consumers should have a cause of action based upon a credit reporting agency failing to take reasonable steps to ensure that the data they have is correct. [read post]
17 Dec 2013, 8:18 am
” The Agencies include the Board of Governors of the Federal Reserve System, the Bureau of Consumer Financial Protection, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Securities and Exchange Commission. [read post]
17 Dec 2013, 8:18 am
” The Agencies include the Board of Governors of the Federal Reserve System, the Bureau of Consumer Financial Protection, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Securities and Exchange Commission. [read post]
13 Oct 2009, 1:03 pm
As proposed the new agency would regulate mortgages, credit cards, debit cards, installment loans and any other product issued by a financial institution. [read post]
20 Apr 2015, 5:06 am
Between Congress and executive agencies, there are few aspects of corporate governance that aren’t subject to absurd regulation. [read post]
30 Aug 2011, 8:52 pm
The lender's corporate culture also plays a part in their openness to negotiate. [read post]
13 Feb 2008, 7:47 am
In the ongoing battle to get more shareholder access to corporate proxies, the SEC has just sent another blow to investors. [read post]
5 Jun 2023, 10:30 pm
The Federal Deposit Insurance Corporation (FDIC) and other bank regulatory agencies have statutory authority to take enforcement action against banks and individuals for losses incurred at a financial institution due to alleged violations of law, negligence, and breach of fiduciary duty. [read post]
11 Nov 2008, 2:20 pm
In an August 2007 press release, Marsh warned "the financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that they may be exposed to greater directors' and officers' liability (D&O) and errors and omissions (E&O) liability claims in the wake of the current subprime mortgage crisis. [read post]
28 Sep 2023, 9:22 am
It created the Consumer Financial Protection Bureau to protect consumers in the marketplace and, in part, regulate predatory financial products, like the high-risk mortgages that had contributed to the crash. [read post]
18 Jun 2013, 8:10 am
The indictment alleges that as a result of the conspiracy, lenders provided over $3.5 million for fraudulently obtained loans, which resulted in losses of over $1 million to the lenders, the Federal Housing Administration which insured some of the loans, and the Federal National Mortgage Corporation (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), who purchased some of the loans in the secondary mortgage market. [read post]
23 Dec 2008, 4:01 am
t responsible for the mortgage-fueled economic meltdown. [read post]
22 Dec 2008, 9:58 am
t responsible for the mortgage-fueled economic meltdown. [read post]
31 Dec 2012, 3:15 am
Lenders who are in violation are also subject to enforcement by licensing agencies, including the Department of Corporations, the Department of Real Estate and the Department of Financial Institutions. [read post]
11 May 2012, 3:09 pm
The ratings agencies then went on to downgrade most of these tranches. [read post]
14 Jul 2008, 8:57 pm
They vary in size and location, but their common woe is the collapsed real estate market and souring mortgage loans. [read post]
29 Dec 2011, 4:53 pm
The loan products included prime loan mortgages, non-subprime loan mortgages, and subprime loan mortgages. [read post]
15 Aug 2016, 9:41 am
On August 8, 2016, S&P published its methodology for rating corporate cash flow and synthetic collateralized debt obligations (CDOs). [read post]
