Search for: "Federal Home Loan Mortgage Corporation "
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11 Apr 2011, 12:14 pm
President Barack Obama has chosen Timothy Massad, a former corporate partner at Cravath, Swaine & Moore, to operate the federal government's Troubled Asset Relief Program. [read post]
22 Jan 2014, 7:42 am
Foley admitted in his plea agreement that he defrauded Countrywide Home Loans (now owned and operated by Bank of America) of mortgage and home equity line of credit loans in the amounts of $2,624,475 and $374,925. [read post]
1 Nov 2009, 7:51 pm
According to the allegations underlying the class action complaint, “[plaintiffs’] private mortgage insurance premiums were channeled into an unlawful ‘captive reinsurance arrangement’ – essentially, a kickback scheme – operated by their mortgage lender, Countrywide Home Loans… and its affiliated reinsurer, Balboa Reinsurance…in violation of RESPA section 8(a) and section 8(b),” id., at 3. [read post]
17 Jul 2017, 7:07 pm
The lender was Home 123 Corporation. [read post]
6 Apr 2009, 9:00 am
—No financial institution that has received or receives a capital investment under this title, or with respect to the Federal National Mortgage Association, the Federal Home Loan Montage Corporation, or a Federal home loan bank, under the amendments made by section 1117 of the Housing and Economic Recovery Act of 2008, may, while that capital investment remains outstanding, make a compensation payment to any… [read post]
11 May 2019, 10:59 pm
A person may inherit the note from a parent, or they may feel obliged to make a loan to a child purchasing their first home. [read post]
26 Oct 2008, 4:26 pm
The aim is to make the loans affordable over the long term so that borrowers can avoid foreclosure and keep their homes. [read post]
15 Jan 2013, 10:42 pm
Though homeowners using the new option cannot depreciate the portion of their home used in a trade or business, they can claim allowable mortgage interest, real estate taxes and casualty losses on the home as itemized deductions on Schedule A. [read post]
25 Sep 2007, 12:49 pm
Loren Steffy, a business reporter for the Houston Chronicle, headlines a recent blog post with a suggestion that he'll eat crow over his previous commentary on American Home Mortgage. [read post]
15 Dec 2017, 6:30 pm
Under the conference bill, new mortgages would be capped at $750,000 for purposes of the home mortgage interest deduction. [read post]
29 Sep 2008, 4:35 pm
First, in light of historic bank failures, even with the largest federal intervention in the history of the mortgage market, we need a government entity, a modern-day Homeowners Loan Corporation, referred to as HOLC -- H-O-L-C -- or we need to build on the Resolution Trust Corporation created to help deal with the Savings and Loan Crisis. [read post]
21 Mar 2012, 6:14 am
Bank of America, Wells Fargo, Citigroup, Ally, and JP Morgan Chase were among the five that settled with the Federal Government for mortgage fraud and abuse. [read post]
17 Jan 2014, 8:37 am
“Wright recruited straw borrowers to purchase properties funded by mortgage loans from Countrywide Home Loans – later TARP recipient Bank of America – obtained by submitting false information and inflated income estimates on loan applications. [read post]
1 May 2019, 7:30 am
Tax lawyer Bill Purdy and I shared a client with a small interest in a failed corporation with a huge SBA loan. [read post]
9 Sep 2007, 10:32 pm
Additionally, the bill would put a halt to prepayment penalties for subprime loans along with preventing borrowers with prime loans from taking out subprime loans.[42] Senator Dodge's propose bill seems to be spearheading the efforts for the Federal Government to regulate the U.S. mortgage market.[43] V. [read post]
23 Feb 2012, 5:15 am
Bank, Wachovia Mortgage, Washington Mutual, Wells Fargo, Wilshire Credit Corporation. [read post]
9 Jun 2009, 6:44 pm
The idea was that forcing banks to take the money would free up capital for small business loans and home mortgages. [read post]
4 Jun 2015, 8:41 am
Mortgage Fraud Blog. [read post]
12 Jul 2011, 4:00 pm
That means corporate profits go down… and corporate layoffs go up… and unemployment doesn’t help the foreclosure or home values situation at all. [read post]
2 May 2012, 8:25 am
They want to phase out or at least substantially reduce the role of the Federal National Mortgage Association (Fannie Mae ) and the Federal Home Loan Mortgage Corporation (Freddie Mac ) in the residential mortgage financing industry. [read post]
