Search for: "Freddie Mac"
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26 May 2015, 11:14 am
Fannie Mae and Freddie Mac FAQs. [read post]
26 May 2015, 11:10 am
On May 15, the FHFA released an update on the structure of the Single Security, a project involving the development of a single mortgage-backed security that would be issued by Fannie Mae or Freddie Mac. [read post]
26 May 2015, 10:42 am
On May 16, 2015, Judge Denise Cote of the United States District Court for the Southern District of New York entered a judgment requiring Nomura and RBS to buy back, at a total cost of $806 million, seven RMBS certificates sold to Fannie Mae and Freddie Mac from 2005 to 2007. [read post]
21 May 2015, 11:05 am
Providing physical security to its citizens is undoubtedly the core function of the state. [read post]
18 May 2015, 7:47 am
On May 11, 2015, Judge Denise Cote of the United States District Court for the Southern District of New York found Nomura Holdings Inc. liable for inaccurately characterizing the mortgage loan collateral backing seven RMBS certificates it sold to Fannie Mae and Freddie Mac between 2005 and 2007. [read post]
12 May 2015, 8:23 am
The report provide updated information on possible ranges of future financial results for Fannie Mae and Freddie Mac under severely adverse economic conditions. [read post]
29 Apr 2015, 9:15 pm
Paul Butler, my friend and former Manhattan Institute colleague Heather Mac Donald (the middle-of-the-roader, in this context) and FOP’s Chuck Canterbury. [read post]
28 Apr 2015, 8:21 am
Riots rocked Baltimore yesterday in response to the death of Freddie Gray. [read post]
18 Apr 2015, 4:11 am
It was recently announced that the SEC has reached a settlement in its lawsuit against Freddie Mac executives Richard Syron, Patricia Cook, and Donald Bisenius. [read post]
14 Apr 2015, 8:09 am
Federal law forbids Fannie Mae and Freddie Mac from purchasing mortgages with a loan to value ratio of over 80% absent private mortgage insurance (PMI). [read post]
2 Apr 2015, 8:10 am
Some of the fraudulently-obtained mortgage loans were later resold in the secondary mortgage market to Freddie Mac and Fannie Mae. [read post]
1 Apr 2015, 10:59 am
Advisors to Freddie Mac on the transaction were Wells Fargo Securities, Credit Suisse and The Williams Capital Group, L.P.The post Freddie Mac Executes Largest Sale of Delinquent Loans From Its Portfolio appeared first on Mortgage Fraud Blog. [read post]
1 Apr 2015, 10:52 am
As a result of the conspiracy, lenders provided over $3.5 million for fraudulently obtained loans, which resulted in losses of almost $2.5 million to the lenders, the Federal Housing Administration which insured some of the loans, and the Federal National Mortgage Corporation (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”), who purchased some of the loans in the secondary mortgage market. [read post]
24 Mar 2015, 10:12 am
Fannie Mae and Freddie Mac can become the property owners if they own the mortgage loan at the time a home is foreclosed. [read post]
23 Mar 2015, 8:07 am
The Progress Report describes activities Fannie Mae and Freddie Mac undertook in 2014 to further FHFA’s conservatorship goals: Maintain, Reduce, and Build. [read post]
20 Mar 2015, 12:34 pm
Today, Freddie Mac is no longer considered in crisis. [read post]
15 Mar 2015, 3:59 pm
The Fortune article mentions that hiring managers at Freddie Mac, one of the employers actively seeking neurodiversity, were coached to be open to adapting screening practices “so autistic candidates could shine. [read post]
9 Mar 2015, 9:42 am
Our office, along with our law enforcement partners, will continue to combat the fraud that victimizes troubled families, and Fannie Mae and Freddie Mac,” Federal Housing Finance Agency-Office of Inspector General Special Agent in Charge Barry McLaughlin stated. [read post]
9 Mar 2015, 8:43 am
Among the talking points we expected, however, a few newsworthy points emerged: The Bureau plans to use its five-year review of the ability-to-repay (ATR) rule, mandated by section 1022(d) of the Dodd-Frank Act, to assess whether to extend, modify, or make permanent the temporary provisions that currently exempt loans backed by Fannie Mae and Freddie Mac from critical portions of the rule’s rigorous underwriting requirements. [read post]
5 Mar 2015, 7:05 am
“Aren’t there rights of a mortgage holder to enforce a foreclosure independent of the note? [read post]
