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5 Oct 2015, 9:53 am
Whether the federal charter for “Fannie Mae,” the government-created corporation that pools mortgages to draw more investor money into the housing finance market, gives it the right to move a mortgage foreclosure case from state to federal court. [read post]
23 Sep 2015, 3:28 am
., LL.M.Two former Fannie Mae executives have settled SEC charges that they misrepresented the GSE’s exposure to subprime mortgage loans. [read post]
21 Sep 2015, 2:08 pm
The Update includes details on the organizational structure of Common Securitization Solutions, LLC, the joint venture company that was established by Fannie Mae and Freddie Mac and the various modules that comprise the Common Securitization Platform. [read post]
31 Aug 2015, 4:00 am
Fannie Mae is rolling out a new program designed to help poor and minority borrowers qualify for mortgages: This week, the government-sponsored enterprise unveiled plans for a new loan product. [read post]
12 Aug 2015, 6:02 am
[WSJ Law Blog] * According to the GC of Fannie Mae, Biglaw's profit structure is broken, but the solution he proposes to the problem may not sit well with associates who are slaves to the billable hour -- but only if they care about their hourly rates. [read post]
11 Aug 2015, 3:57 am
” Read: Fannie Mae GC: The Law Firm Profit Structure Is Broken at Bloomberg BNA Business of Law The post Fannie Mae GC: The Law Firm Profit Structure Is Broken appeared on InhouseBlog.com. [read post]
6 Aug 2015, 1:04 pm
WASHINGTON — Mortgage giant Fannie Mae reported net income of $4.6 billion from April through June, up from $3.7 billion a year earlier. [read post]
Mortgage Modification Procedures Established in Bankruptcy Courts forNorthern District of California
4 Aug 2015, 5:22 pm
It may also be applied in individual chapter 11 bankruptcy cases by special request.The new procedures streamline the processes under HAMP, HARP, Fannie Mae, Freddie Mac, FHA, VA, private bank programs and other mortgage modification procedures. [read post]
Mortgage Modification Procedures Established in Bankruptcy Courts forNorthern District of California
4 Aug 2015, 5:22 pm
It may also be applied in individual chapter 11 bankruptcy cases by special request.The new procedures streamline the processes under HAMP, HARP, Fannie Mae, Freddie Mac, FHA, VA, private bank programs and other mortgage modification procedures. [read post]
Mortgage Modification Procedures Established in Bankruptcy Courts forNorthern District of California
4 Aug 2015, 5:22 pm
It may also be applied in individual chapter 11 bankruptcy cases by special request.The new procedures streamline the processes under HAMP, HARP, Fannie Mae, Freddie Mac, FHA, VA, private bank programs and other mortgage modification procedures. [read post]
4 Aug 2015, 3:56 am
At last night’s Republican debate in New Hampshire, Carly Fiorina criticized how the Dodd-Frank law is strangling community banks, as well as its encouragement of yet bigger Wall Street firms and Congress’s failure to reform mortgage entities Fannie Mae and Freddie Mac. [read post]
9 Jul 2015, 9:23 am
The scheme caused the Federal Housing Administration, Freddie Mac, Fannie Mae and private lenders to sustain combined losses of $27.8 million. [read post]
9 Jul 2015, 9:10 am
Most of these properties were actually owned by Fannie Mae and Freddie Mac. [read post]
6 Jul 2015, 1:04 pm
On June 30, the Federal Housing Financing Agency released its annual report on the single-family guarantee fees charged by Fannie Mae and Freddie Mac, which tracks how guarantee fees have increased from 2009 through 2014. [read post]
2 Jul 2015, 9:53 am
” They are alleged to have participated in a mortgage fraud scheme which caused more than $16 million in losses to banks, mortgage lenders, Fannie Mae, and Freddie Mac. [read post]
1 Jul 2015, 1:04 pm
NEW YORK — The CEOs of government-backed mortgage giants Fannie Mae and Freddie Mac are getting large raises, to about $4 million a year, as the government relaxes rules that were imposed on the companies after they suffered big losses and were bailed out. [read post]
3 Jun 2015, 4:48 pm
And while reducing the counterparty risk non-banks pose to Fannie Mae and Freddie Mac is a worthwhile policy goal, implementing bank-like standards for non-banks is not the best strategy to substantially mitigate risks in the housing system, and could stunt innovation. [read post]
2 Jun 2015, 2:18 pm
In his pleadings, Davis claimed that Berry conveyed the property to him on her mother's behalf in November 2010 and told him that there were no liens on the property and that he made $70,000 in improvements before the property's foreclosure and sale to Fannie Mae. [read post]
2 Jun 2015, 2:01 pm
On May 28, 2015, three Fannie Mae and Freddie Mac (the “Companies”) shareholders filed a complaint in the United States District Court for the Northern District of Iowa against the Federal Housing Finance Agency (“FHFA”), its director, and the U.S. [read post]
28 May 2015, 4:38 pm
Yaney was ordered to pay full restitution of $7,748,019 to the Federal National Mortgage Association (Fannie Mae) and Greystone Servicing Corporation, the lender harmed by Yaney’s crime. [read post]
