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2 Mar 2015, 7:29 am by Joy Waltemath
Fannie Mae to find the intent in Title VII Sec. 2000e-5 is clear—“the EEOC has control over charges of discrimination for 180 days, and not a day less. [read post]
27 Feb 2015, 10:15 am by Allison Tussey
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 by Adam Levitin
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]
25 Feb 2015, 10:42 am by Allison Tussey
The conspirators then inserted false and fraudulent information about the various conspirator-purchasers on mortgage loan applications, or Fannie Mae Form 1003s, that were submitted in support of the loan requests. [read post]
25 Feb 2015, 12:50 am by Kevin LaCroix
In a recent post, I noted the curious phenomenon of plaintiffs filing IPO-related securities class lawsuits in state court. [read post]
18 Feb 2015, 4:04 pm by John Jascob
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 by Pulgini & Norton, LLP
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 by Allison Tussey
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 by Lisa Larrimore Ouellette
Fannie Mae and Freddie Mac have officially adopted their nicknames. [read post]
9 Feb 2015, 9:27 am by Daniel Robertson
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 by Boris Volodarsky
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]
29 Jan 2015, 11:28 am by David L. Ridenour
  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 by Allison Tussey
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 by Boris Volodarsky
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 by Doug Cornelius
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 by Allison Tussey
  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]
24 Dec 2014, 2:30 pm by Colin O'Keefe
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]