Search for: "Federal Home Loan Mortgage Corporation "
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21 Aug 2012, 5:15 pm
Michael Balice, of Metuchen, N.J., was sentenced to 48 months in prison; Angel Done, of Queens, N.Y., was sentenced to 12 months of home detention; and Wilson Calle, of Queens, was sentenced to three months of home detention. [read post]
20 Aug 2012, 9:06 pm
New York plaintiff wanders the South looking for ATMs out of compliance with federal fee sticker regulation [Kevin Funnell, Bank Lawyers' Blog, earlier] In the mail: Stephen Bainbridge, “Corporate Governance After the Financial Crisis” (Oxford, 2012), with blurb from NYT “Deal Professor” Steven Davidoff: “an important book for those seeking to understand the theoretical and practical implications of Dodd-Frank, Sarbanes-Oxley, and the… [read post]
20 Aug 2012, 2:26 pm
Under the Dodd-Frank Act, mortgage loans are higher-risk if they are secured by a consumer's home and have interest rates above a certain threshold. [read post]
20 Aug 2012, 1:37 am
Citizens United allows corporations and unions to spend money to support or denounce candidates in elections through ads. [read post]
15 Aug 2012, 11:51 am
But the very popularity of PACE ran headlong into the FHFA, which oversees the Federal National Mortgage Association (“Fannie”) and the Federal Home Loan Mortgage Corporation (“Freddie”), the two government-sponsored entities that guarantee the majority of home mortgages in the U.S. [read post]
12 Aug 2012, 7:46 pm
” The effect on servicing has also drawn the attention of Ted Tozer, president of Ginnie Mae, a government-owned corporation that guarantees mortgage bonds holding loans backed by the Federal Housing Administration and other agencies. [read post]
24 Jul 2012, 6:29 am
Through careful and systematic purchases or sales of Treasury securities, adding or subtracting dollars from the economy, it can impact overnight lending rates which are used as a guide by others in the economy who utilize interest rates, i.e. home and business loan lenders. [read post]
10 Jul 2012, 2:16 pm
William McDavid will take on his new role with the Federal Home Loan Mortgage Corporation starting on July 16. [read post]
2 Jul 2012, 8:20 am
For example, if you bought property that had been foreclosed on from Federal National Mortgage Association, commonly called Fannie Mae, or from Federal Home Loan Mortgage Corporation, usually referred to as Freddie Mac, you are probably owed hundreds and maybe thousands of dollars today in fees they illegally collected from you when erroneous calculations were made. [read post]
1 Jul 2012, 8:30 pm
Therefore, it is possible that banks holding onto non-performing or under performing mortgages do not have an interest in foreclosing on homes whose value far under secures their loan. [read post]
21 Jun 2012, 8:13 am
On September 2008, the Federal Housing Finance Agency (FHFA) placed Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) into conservatorship. [read post]
15 Jun 2012, 8:00 am
For more information see the website Your Home and the publication Forensic Mortgage Loan Audit Scams: A New Twist on Foreclosure Rescue Fraud . [read post]
10 Jun 2012, 6:44 pm
Consumer Andrea Chancellor brought a lawsuit against OneWest Bank ("OneWest") and Cal-Western Reconveyance Corporation ("Cal-Western") stemming from OneWest's failure to permanently modify her mortgage loan and Cal-Western's initiation of foreclosure proceedings. [read post]
6 Jun 2012, 5:01 am
Of the $25 billion, $10 billion “will go toward reducing the principal on loans for borrowers who . . . are either delinquent or at imminent risk of default and owe more on their mortgages than their homes are worth. [read post]
3 Jun 2012, 9:07 am
Corporate outsourcing of back office legal work to India and China where many thousands of bright youngsters are training in American l [read post]
27 May 2012, 11:00 am
At a roundtable discussion that included officials from top federal agencies, Ocwen Loan Servicing discussed its efforts at mortgage loan modifications in Miami and beyond. [read post]
27 May 2012, 8:45 am
At the time, Bridge wrote a check to her mortgage servicer, Aames Capital Corporation, in April of that year. [read post]
24 May 2012, 2:16 pm
Alexander was convicted on another count involving HUD insurance for the mortgage and there's no question that HUD is a federal program. [read post]
21 May 2012, 6:53 am
Mortgage principal balance reductions have also been achieved and are possible when your current mortgage balance exceeds the value of your home”; its staff was “comprised of case managers, loan processors, and housing counselors working on your behalf”; and so on. [read post]
21 May 2012, 5:06 am
I understand why people want to keep their home. [read post]
