Search for: "Freddie Mac"
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4 Mar 2015, 3:48 pm
Simon submitted to Tri Counties Bank and Freddie Mac false and fraudulent short-sale applications, and caused these financial institutions to approve the charge-off of funds for the short-sale of Simon’s home. [read post]
27 Feb 2015, 10:15 am
This investigation is being conducted by the Federal Bureau of Investigation and the Federal Housing Finance Agency – Office of Inspector General, which identified multiple Fannie Mae and Freddie Mac loans that went into foreclosure. [read post]
25 Feb 2015, 8:22 pm
And proponents of privatizing Fannie Mae and Freddie Mac seem to believe that there's a pool of investors ready to take on the credit risk on a $10 trillion market. [read post]
19 Feb 2015, 8:38 am
The seller, acting on Sanchez’s advice, submitted to Tri Counties Bank and Freddie Mac false and fraudulent short-sale applications, and caused these financial institutions to approve the charge-off of funds for the short-sale of the seller’s home. [read post]
18 Feb 2015, 4:04 pm
The lawsuit represents the sole remaining action in a series of similar, coordinated actions brought in the Southern District of New York by FHFA against banks and related persons to recover losses experienced by government-sponsored enterprises Fannie Mae and Freddie Mac (collectively, the GSEs) from their purchases of RMBS. [read post]
16 Feb 2015, 9:42 am
Additionally, in December, Fannie Mae and Freddie Mac announced they would reduce the minimum down payment on certain mortgages from 5% to 3%, among other changes that are aimed at getting more first-time homebuyers back into the market of buying residential real estate. [read post]
10 Feb 2015, 8:18 am
Department of Housing and Urban Development – Office of Inspector General, and the Federal Housing Finance Agency – Office of Inspector General, which identified multiple Fannie Mae and Freddie Mac loans that went into foreclosure, with the investigation leading to today’s sentencing. [read post]
9 Feb 2015, 2:09 pm
Fannie Mae and Freddie Mac have officially adopted their nicknames. [read post]
9 Feb 2015, 9:27 am
The jury found Bank of America and Mairone liable under the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) for the sale of mortgage loans to Fannie Mae and Freddie Mac before the financial crisis. [read post]
6 Feb 2015, 2:24 pm
On January 30, the Federal Housing Finance Agency (FHFA) today proposed new minimum financial eligibility requirements for Fannie Mae and Freddie Mac Seller/Servicers. [read post]
2 Feb 2015, 1:41 pm
According to a prominent Boston news outlet citing to the mortgage giant Freddie Mac, earlier this month mortgage rates hit an almost two-year low of 3.73 percent. [read post]
FHFA Director testifies in front of the U.S. House of Representative Committee on Financial Services
29 Jan 2015, 11:28 am
Director Watt’s testimony provided, amongst other items, an update on the financial condition of Fannie Mae and Freddie Mac and the financial condition of the Federal Home Loan Banks. [read post]
20 Jan 2015, 7:50 am
Department of Housing and Urban Development – Office of Inspector General, and the Federal Housing Finance Agency – Office of Inspector General, which identified multiple Fannie Mae and Freddie Mac loans that went into foreclosure, with the investigation leading to today’s sentencing. [read post]
16 Jan 2015, 4:11 pm
On January 14, FHFA released the 2015 Scorecard outlining specific priorities for Fannie Mae, Freddie Mac and their joint venture, Common Securitization Solutions, LLC. [read post]
16 Jan 2015, 5:37 am
RBS Loses Senior Compliance Staff, Some Poached by HSBC by Margot Patrick And Rachel Louise Ensign in the Wall Street Journal The departures come as RBS, 80%-owned by the British government, faces a potential multibillion-dollar settlement with the Federal Housing Finance Agency over mortgage-backed debt it sold to Freddie Mac and Fannie Mae before the 2008 financial crisis. [read post]
9 Jan 2015, 9:19 am
This scheme resulted in losses to mortgage lenders, including The Federal National Mortgage Association (Fannie Mae) and The Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
28 Dec 2014, 9:01 pm
Housing Starts: According to Freddie Mac, homebuilding is expected to ramp up in the new year, projected to rise between 16-20 percent from 2014. [read post]
24 Dec 2014, 2:30 pm
Cannabis Banking: It’s That Important – Alison Malsbury of Harris Moure’s Canna Law Group on the Canna Law Blog 2014: The Year in Ag – Emma Carttar on Lathrop & Gage’s blog, Boots on the Ground Sizing Up Cyber Risks after the Sony Breach – San Francisco attorney Travis Wall of Hinshaw & Culberton on the firm’s Insurance Litigation & Regulatory Law Blog Fannie Mae’s & Freddie Mac’s Shareholders Take the Offensive… [read post]
23 Dec 2014, 11:19 am
” The “Hustle” allowed Countrywide to process loans that homebuyers could not afford to pay, which resulted in thousands of fraudulent, defective residential mortgage loans being sold to Fannie Mae and Freddie Mac. [read post]
16 Dec 2014, 3:46 pm
Fannie Mae and Freddie Mac were originally chartered as government-sponsored enterprises (GSEs) to ensure a stable supply of credit for residential mortgages nationwide. [read post]
