Search for: "Federal National Loan Mortgage"
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29 Aug 2011, 8:44 am
So, the country's national bank was giving out loans to banks, who, in turn, have pummeled the average homeowner. [read post]
31 Oct 2012, 7:37 am
We hope this lawsuit will be the first of many filed by the government in the coming months and years, as officials continue to dig deeper into the mortgage mess that spurred an economic crisis with national and global implications. [read post]
14 Dec 2020, 7:40 am
For adjustable rate mortgage loans, the final rule includes a special requirement for the calculation of the APR for purposes of comparing the APR to the APOR. [read post]
7 Jan 2012, 7:22 pm
Monetary penalties for the deficient practices in mortgage loan servicing and foreclosure processing also must be imposed against the 14 institutions. [read post]
16 Jul 2009, 5:22 am
by Brian Wolfman I blogged here on Monday about the National Consumer Law Center's recent report on the growing loan modification scam industry. [read post]
11 Jan 2013, 2:27 pm
This statute preempted state usury laws for federally chartered S&Ls. [read post]
13 Jul 2022, 10:58 am
Most recently: The Rhode Island Department of Banking amended Rule 230-RICR-40-10-2 (Lenders, Loan Brokers, Small Loan Lenders, Third-Party Loan Services and Mortgage Loan Officers) to codify previously issued guidance allowing for remote work locations for mortgage loan originators. [read post]
24 Jul 2008, 4:20 pm
House of Representatives approved legislation created to help alleviate our Country's housing crisis.Key provisions of the legislation: 1) Authorize the FHA (Federal Housing Administration) to insure up to $300 billion in refinanced loans for lenders who agree to reduce the principal balance of their individual borrower's loans to approximately 85 percent of the home's current value. [read post]
7 Feb 2014, 9:29 am
Thompson to 18 months in federal prison for operating a multimillion-dollar mortgage fraud scheme that involved more than 40 properties in Bridgeport, Connecticut. [read post]
24 Feb 2008, 2:03 pm
Well, if you believe the national average. [read post]
6 Mar 2015, 4:06 pm
The exciting news in residential green building is that the Federal National Mortgage Association, commonly known as Fannie Mae, is providing incentives, including lower interest rates for multifamily properties with a green building certification. [read post]
12 Sep 2019, 11:40 am
The OCC and FDIC have filed a joint amicus brief in a Colorado federal district court arguing that the court should affirm the decision of a bankruptcy court holding that a non-bank loan assignee could charge the same interest rate the bank assignor could charge under Section 27(a) of the Federal Deposit Insurance Act, 12 U.S.C. [read post]
1 Jun 2015, 10:06 am
In their joint complaint filed in a California federal court together with the proposed consent order, the CFPB and DOJ alleged that between 2006 and 2011, Provident originated loans by setting base or par rates for its various loan products. [read post]
29 Aug 2012, 7:55 am
The banking and mortgage servicing industry is notorious for giving people the runaround and making it difficult to obtain a principal reduction on their loan. [read post]
16 Nov 2011, 8:47 am
Countrywide specialized in subprime mortgage loans and, as borrowers defaulted in droves, quickly accumulated scads of debt. [read post]
23 Mar 2020, 1:41 pm
Can Mortgage Loan Originators, Underwriters and Loan Processors be Permitted to Work from Home? [read post]
18 Apr 2010, 8:53 pm
The essence of the present class action complaint was that “Wells Fargo marked up certain charges and overcharged for services in connection with mortgage loans, in violation of federal and state law. [read post]
18 Jul 2019, 7:58 am
Mortgage-backed securities issued by the Government National Mortgage Association, a U.S government agency guarantee that investors receive timely payments. [read post]
12 Nov 2014, 2:06 am
The Intermediaries, including but not limited to HOLLIS, MALDINI and then mortgage broker, JONES, assisted the straw buyers to complete a loan application with a lender. [read post]
21 Jun 2012, 6:26 am
The Federal Housing Finance Agency, the regulator of Fannie Mae and Freddie Mac, released a statement yesterday saying it was working with those two entities, which are the nation’s major government-backed mortgage securities investors, to “provide lenders a higher degree of certainty and clarity around repurchase exposure and liability as well as consistency around repurchase timelines, incentives and remedies. [read post]
