Search for: "Federal Home Loan Mortgage Corporation "
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11 Apr 2011, 12:14 pm
President Barack Obama has chosen Timothy Massad, a former corporate partner at Cravath, Swaine & Moore, to operate the federal government's Troubled Asset Relief Program. [read post]
8 Apr 2011, 6:00 am
Energy-Efficient Mortgages Special loans insured through the Federal Housing Authority are available to borrowers looking to buy new homes with certain home energy ratings, or to finance improvements to an existing home’s energy efficiency. 8. [read post]
5 Apr 2011, 2:06 am
Freddie Mac: On March 30, 2011, Southern District of New York Judge John Keenan granted without prejudice the defendants’ motion to dismiss in the Federal Home Loan Mortgage Corp. [read post]
4 Apr 2011, 7:45 pm
Kinecta Federal Credit Union is a direct lender providing a range of fixed and adjustable home loans for purchase or refinance. [read post]
30 Mar 2011, 8:55 am
Whereas: Citigroup, Inc. is a leading originator, securitizer and servicer of home mortgages. [read post]
28 Mar 2011, 7:02 pm
On a fourth count for piercing the corporate veil, Zell says the complaint is “bereft of any factual allegations. [read post]
25 Mar 2011, 3:23 am
I add this clause to deal with this situation: The Condominium, the Unit, and the Condominium Documents (including but not limited to the Master Deed and By-Laws/Trust) shall conform to the requirements of Federal National Mortgage Association (“FNMA” or “Freddie Mac”), Federal Housing Administration (“FHA”) or Federal Home Loan Mortgage Corporation (“FHLMC”) or other secondary… [read post]
18 Mar 2011, 10:19 am
Legislation reforming the government sponsored enterprises, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), has been introduced by House Financial Services Committee Chairman Spencer Bachus (R-Ala) and Vice Chairman Jeb Hensarling (R-TX). [read post]
18 Mar 2011, 7:31 am
FDIC Sues 3 Top WaMu Execs, Alleges “Negligence in Allowing Risky Mortgage Lending” The Federal Deposit Insurance Corporation or FDIC for short, filed a civil lawsuit against three former WaMu execs, ex-CEO Kerry Killinger, ex-COO Stephen Rotella and David Schneider, who headed up the bank’s home loans division. [read post]
16 Mar 2011, 2:01 am
In contrast, if you can take out a home equity loan and use the proceeds to pay off your tax debts, you will probably be paying at a lower rate than with other types of loans, and the interest payments will be deductible even if the loan proceeds aren't used in connection with the house. [read post]
12 Mar 2011, 7:39 am
”In 2010, the Arkansas Supreme Court ruled that MERS (Mortgage Electronic Registration Systems) Corporation was prohibited from filing foreclosures in that state.A federal bankruptcy judge in Long Island ruled just last week that MERS could not act as the “agent” of the mortgage note owner. [read post]
8 Mar 2011, 6:20 am
”In 2010, the Arkansas Supreme Court ruled that MERS (Mortgage Electronic Registration Systems) Corporation was prohibited from filing foreclosures in that state.A federal bankruptcy judge in Long Island ruled just last week that MERS could not act as the “agent” of the mortgage note owner. [read post]
28 Feb 2011, 6:00 am
"The Administration’s plan calls for reducing and eventually winding down the two primary government housing finance institutions, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
23 Feb 2011, 2:11 pm
If federal regulations adopted by the Federal Home Loan Mortgage Corporation or the Federal National Mortgage Association require a shorter period for the superlien, the number of months of the superlien will be determined in accordance with those federal regulations. [read post]
19 Feb 2011, 5:04 pm
An editorial in yesterday's New York Times, for example, assessed the report's three alternative proposals to reduce or remove federal mortgage guarantees, focusing its analysis entirely (and, in the context of the Great Recession, appropriately) on how likely each proposal would be to lead to future financial crises and public bailouts. [read post]
15 Feb 2011, 12:53 pm
Some distressed borrowers should be able to qualify for a modification through Treasury’s Home Affordable Mortgage Program (HAMP). [read post]
15 Feb 2011, 8:19 am
Maybe home-owners can walk away from their underwater mortgages, but law graduates — even deadbeats like me — try to pay off their loans. [read post]
15 Feb 2011, 3:01 am
The demand for bad loans drove the production of them, and the bad loans are at the heart of the mortgage loan meltdown that has millions of ordinary Americans out of their home looking around them wondering what happened to their own American dream. [read post]
14 Feb 2011, 7:07 am
Bank obtained this mortgage in the first place, since it already had obtained a foreclosure judgment in state court, and because there is an irritating (to Federal judges) and arcane Rooker-Feldman doctrine that prohibits federal courts from interfering with state court judgments. [read post]
10 Feb 2011, 7:14 am
— only Ally has formally signed on to a key part of the plan: reducing mortgage principal on homes that are “underwater,” or worth less than the size of the mortgage. [read post]
