Search for: "Federal Home Loan Mortgage Corporation "
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29 Dec 2011, 4:53 pm
On December 21, 2011 the United States Department of Justice filed a complaint against Bank of America units Countrywide Financial Corporation and Countrywide Home Loans Inc. in the United States District Court for the Central District of California alleging Countrywide engaged in a pattern and practice of discrimination against borrowers on the basis of race and national origin. [read post]
29 Dec 2011, 3:46 pm
You all put your savings in here and then we make loans to people to buy homes and cars and other things. [read post]
25 Dec 2011, 3:00 am
Now, aside from the failure to consider dropping the entire bunch of Bush tax cuts and letting all the rates go back to the level that they were when Bush took office (which might well be the best tax reform the Congress could do at this point), Romney should be commended for at least recognizing that the wealthy have gotten a fistful of tax gifts from the Bush individual tax cuts (and, indirectly, from the various corporate tax provisions that have allowed companies to pay… [read post]
22 Dec 2011, 10:45 am
The SEC has charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal holdings of higher-risk mortgage loans, including subprime loans.Fannie Mae and Freddie Mac each entered into a Non-Prosecution Agreement… [read post]
19 Dec 2011, 9:25 am
Quicken Loans — home buyers’ protection from mortgage loan closing fees for which no service was provided 10-1472 — Taniguchi v. [read post]
16 Dec 2011, 4:05 pm
The Securities and Exchange Commission has charged six ex-executives of the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) with securities fraud. [read post]
16 Dec 2011, 2:34 pm
On August 22, 2005, the Cattons filed for bankruptcy, and their property was sold at a foreclosure sale to Federal Home Loan Mortgage Corporation. [read post]
16 Dec 2011, 11:57 am
On Friday, December 16, 2011, the SEC announced that it had entered into non-prosecution agreements with the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac") and filed charges against six of their former executives for securities fraud, alleging that "they knew and approved of misleading statements claiming the companies had minimal holdings of… [read post]
16 Dec 2011, 8:24 am
The SEC charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal... [read post]
13 Dec 2011, 11:02 pm
Repossessed homes don’t decrease the amount of money there is for mortgages in Arizona. [read post]
8 Dec 2011, 6:59 am
Smith, 42, Hopewell, who was employed at a company known as Platinum Mortgage to arrange for and broker loans for Deborah Kistner and Ennis. [read post]
7 Dec 2011, 3:56 am
She has extensive experience in Federal, state and local government finance programs for the construction, refinancing and restructuring of multifamily rental housing, involving tax-exempt bond financing, low-income housing tax credit syndication, secondary mortgage market securitized transactions involving Ginnie Mae mortgage-backed securities, FHA multifamily mortgage insurance, Section 236 ”decoupling” transactions, HOPE VI… [read post]
3 Dec 2011, 9:56 am
Bankruptcy Court, Middle District of Florida, Tampa Division.Bankruptcy -- Dismissal -- Chapter 7 -- Abuse -- Considering totality of circumstances, granting relief to debtor would constitute substantial abuse of bankruptcy process as set forth in 11 U.S.C. section 707(b)(3) where debtor has sufficient disposable income to pay her unsecured creditors in full within sixty months -- Debtor is not entitled to Chapter 7 relief -- Deductions for voluntary 401(k) contributions and repayment of 401(k)… [read post]
1 Dec 2011, 6:39 am
Wachoiva Mortgage Corporation financed these eight loans for about $2.5 million. [read post]
30 Nov 2011, 2:15 pm
Look, I spent twenty years working as a consultant for large corporations at the C-Suite and senior management levels, including several of the TBTF banks, and I’m very familiar with their corporate cultures and operations. [read post]
21 Nov 2011, 1:15 pm
One of the nation’s largest privately held mortgage companies, Allied Home Mortgage Corporation (Allied), and two of its top executives, CEO Jim Hodge and Executive VP Jeanne Stell, are facing scrutiny for providing false loan certifications to the Department of Housing and Urban Development (HUD). [read post]
18 Nov 2011, 11:28 am
RESPA prohibits the payment of kickbacks in connection with a “federally related mortgage loan. [read post]
15 Nov 2011, 5:55 am
Calvo took out a home loan in 2006 from CBSK Financial Group. [read post]
8 Nov 2011, 1:55 am
On November 3, 2011, Sheila Bair, former Chairwoman of the Federal Deposit Insurance Corporation (“FDIC”), in a speech to attendees of the national fall meeting of the National Association of Insurance Commissioners, focused on systemic risk posed by credit-default swaps on the United States financial system. [read post]
6 Nov 2011, 5:00 pm
The case may be important for people who buy homes and pay various fees to the mortgage company. [read post]
