Search for: "Federal Home Loan Mortgage Corporation "
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4 Oct 2011, 8:22 am
Hamsher was accused of making false statements in connection with the sale of the Federal National Mortgage Association or andquot;Fannie Maeandquot; (andquot;FNMAandquot;) and the Federal Home Loan Mortgage corporation or andquot;Freddie Macandquot; (andquot;FMCCandquot;), and falsely represented that these preferred securities were andquot;bonds,andquot; and that upon maturity, the customers would recover their initial investment. [read post]
30 Sep 2011, 2:10 pm
The indictment alleges that Haines, a mortgage broker with American Group Mortgage Corporation, submitted fraudulent loan applications in the transactions to Chase Manhattan Bank. [read post]
29 Sep 2011, 3:16 pm
Rymer, Inspector General, Federal Deposit Insurance Corporation (FDIC-OIG); and James K. [read post]
29 Sep 2011, 3:16 pm
Rymer, Inspector General, Federal Deposit Insurance Corporation (FDIC-OIG); and James K. [read post]
15 Sep 2011, 10:03 am
But there is a $250,000 home equity loan against it, records show. [read post]
15 Sep 2011, 8:44 am
As discussed here, the SEC announced it had settled a case with James O'Leary, the former CFO of Beazer Homes USA under Section 304 of the Sarbanes-Oxley Act. [read post]
10 Sep 2011, 8:21 pm
And you know that while corporate profits have come roaring back, smaller companies haven’t. [read post]
9 Sep 2011, 12:10 pm
They pretend that the government “has to be like a family”—a family that never takes out a mortgage, never borrows to buy a car, never needs a loan to pay for schooling or training, and never uses a credit card. [read post]
9 Sep 2011, 10:52 am
The last thing they should have to do is fight for a job when they come home. [read post]
30 Aug 2011, 8:52 pm
The lender's corporate culture also plays a part in their openness to negotiate. [read post]
30 Aug 2011, 7:20 pm
Venedie Roberto Valencia, a former Bank of America employee, is now sentenced to 15 months in federal prison for a mortgage scam he was involved in that used stolen identities to buy homes in Southern California that weren’t being sold. [read post]
30 Aug 2011, 7:17 am
We already knew that the nation's homeowners owe banks between $750 billion and $1 trillion in loans for nonexistent home value, since that's the estimated difference between what people owe on their mortgages and what their homes are currently worth. [read post]
29 Aug 2011, 5:01 pm
Once again, Western and Southern Life Insurance Co. is suing Bank of America Corporation for the alleged misrepresentation of mortgage-backed securities that the financial firm sold to the insurer. [read post]
29 Aug 2011, 8:44 am
Typically, that was treasuries or corporate bonds and mortgage bonds that would be seized if the borrower defaulted. [read post]
20 Aug 2011, 5:29 pm
The banks and ratings agencies have wielded this power with such intransigence that they have corrupted the financial system into junk mortgage lending, junk bonds to finance corporate raiders, and computerized gambles in “casino capitalism. [read post]
20 Aug 2011, 5:09 am
“Mortgage loans allow millions of Americans to turn the dream of home ownership into reality,” stated United States Attorney Lynch. [read post]
11 Aug 2011, 2:17 pm
A straw borrower is paid money to allow his name and credit history to be used to obtain a mortgage loan to purchase a home when the person has no intention of actually living in the home or having any responsibility for making the mortgage payments. [read post]
11 Aug 2011, 2:17 pm
A straw borrower is paid money to allow his name and credit history to be used to obtain a mortgage loan to purchase a home when the person has no intention of actually living in the home or having any responsibility for making the mortgage payments. [read post]
5 Aug 2011, 11:00 am
FEDARCYK said: "Mortgage lenders provide capital so people can purchase homes. [read post]
1 Aug 2011, 8:21 am
– or the Department of Housing and Urban Development, which handles foreclosures on loans backed by the Federal Housing Administration. [read post]
