Search for: "Federal Home Loan Mortgage Corporation "
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2 Apr 2012, 4:13 pm
., Appellee. 5th District.Contracts -- Real property sale -- Assignment agreement -- Ambiguities -- Trial court did not err in finding that agreement for assignment of sale and purchase agreement, which included provision of an additional purchase price to be derived by multiplying specific dollar amount times that number of lots approved by county having dimensions of 70' x 120' which exceeded 166 lots, was ambiguous with respect to approved lots which did not specifically measure… [read post]
29 Mar 2012, 7:12 am
At a time when banks are foreclosing on home mortgages at record-breaking rate, the Secuyas and almost 250 other families on the island have built their own home with the help of the Hawaii Island Community Development Corporation’s (HICDC) [RDA-sponsored] Mutual Self-Help Housing Program. [read post]
27 Mar 2012, 6:26 pm
While there have been efforts by the federal government to help borrowers with home loans that are upside down, there has been no help for borrowers that are drowning in student debt. [read post]
26 Mar 2012, 10:43 am
With global corporations growing ever more adept at using transfer pricing and overseas tax havens to avoid taxes here at home, Republicans would make the entire world outside the U.S. a corporate tax haven, ending any taxation on profits reported abroad, encouraging companies to move jobs and book profits abroad. [read post]
21 Mar 2012, 9:52 am
Federal Trade Commission on predatory mortgage lending litigation. [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]
6 Mar 2012, 6:25 am
Prior to filing his case, he took a mortgage out on the home to reduce equity, and converted the cash he received from the mortgage into college savings plans (EdVest accounts) for his grandchildren, which he could exempt.What is described above is one of the more extreme examples I've read of "exemption planning" which converts non-exempt assets into exempt assets. [read post]
28 Feb 2012, 4:30 pm
The Administration should also push to alter the federal bankruptcy law, so homeowners can use the protection of bankruptcy to reorganize their mortgage loans. [read post]
23 Feb 2012, 5:15 am
Bank, Wachovia Mortgage, Washington Mutual, Wells Fargo, Wilshire Credit Corporation. [read post]
15 Feb 2012, 8:12 am
The bank, through Countrywide, was accused of making and granting Federal Housing Administration insured loans to unqualified home buyers. [read post]
13 Feb 2012, 4:49 pm
Bank of America's fraudulent lending practices centered on a scheme in which Bank of America, through Countrywide (which Bank of America acquired in 2008), knowingly made loans insured by the Federal Housing Administration (FHA) to unqualified home buyers. [read post]
9 Feb 2012, 8:31 pm
DOJ alleged that Countrywide knowingly made loans to unqualified home buyers and used inflated appraisals, thus causing hundreds of millions of dollars in damages to the Federal Housing Administration. [read post]
9 Feb 2012, 8:00 pm
The $25 billion settlement reached announced today between the federal government and state attorneys general with the five largest mortgage service companies (Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup Inc. and Ally Financial Inc. [read post]
8 Feb 2012, 4:29 am
"It's like tracking a problem mortgage when you don't know who owns the bank.'' "Even the federal government can't figure it out. [read post]
3 Feb 2012, 8:46 am
The House has been considering companion legislation,but House Majority Leader Eric Cantor (R-VA) said that he intends to schedule consideration of the Senate-passed STOCK Act on the House floor next week.S 2038 would also prohibit senior executives at the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation from receiving bonuses during any period of conservatorship for those entities on or after the date… [read post]
29 Jan 2012, 5:31 pm
OneWest Bank is scheduled to conduct a foreclosure auction of Lisa Ferrecchia’s home in Milford, Massachusetts, a home worth roughly $209,800 today, although the balance of Lisa’s loan is about twice that amount… $396,046, as of January 3rd of this year. [read post]
24 Jan 2012, 8:47 am
Last month Eileen Foster appeared on a national news show to discuss the numerous federal law violations, which occurred at Countrywide Home Loans while she worked there. [read post]
24 Jan 2012, 8:39 am
The complaint alleges that the Ordinance is preempted by federal law and regulations governing Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation). [read post]
12 Jan 2012, 10:55 am
Evergreen Investment was formed to purchase and hold the second mortgages that Evergreen Homes had received through its home sales and to secure investors to provide capital that would enable it to purchase the mortgages from Evergreen Homes. [read post]
29 Dec 2011, 5:01 pm
Can I exclude debt forgiven on my second home, credit card or car loans? [read post]
