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3 Jul 2014, 4:17 pm
FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages (AUD-2014-014) - 07/01/2014 “Banks that traditionally service mortgage loans backed by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (the Enterprises) have been selling the rights to service troubled loans (e.g., delinquent or in default) in bulk to new companies specialized to handle them. [read post]
19 Jun 2014, 5:38 am
(The temporary category covers mortgages that satisfy certain QM criteria and are eligible for purchase, insurance, or guarantee by, Fannie Mae or Freddie Mac while they operate under federal conservatorship or receivership (or a limited-life regulatory entity that is a successor to Fannie Mae or Freddie Mac), the Federal Housing Agency (FHA), the Department of Veterans Affairs, or the Rural Housing Service.) [read post]
18 Jun 2014, 3:30 am
Matt Yglesias writing for Vox: Fannie Mae and Freddie Mac are more likely to reject mortgage applications from black and Hispanic borrowers than from non-hispanic whites. [read post]
11 Jun 2014, 8:36 am
Loan Modification Scam Prevention Network initiative is supported by Bank of America, Citibank, Fannie Mae, Freddie Mac, J.P. [read post]
9 Jun 2014, 6:02 am
On June 5, FHFA announced it is requesting input on the guarantee fees charged by Fannie Mae and Freddie Mac to lenders. [read post]
19 May 2014, 5:46 pm
Privacy Concerns Escalate as Drones Are About to Take-Off – Washington, DC lawyer Alyssia Bryant of Keller and Heckman on the firm’s Beyond Telecom Law Blog Counterfeit Certification Marks: How to Certify that the “Certified” is Certified – Washington, DC lawyer Susan Neuberger Weller of Mintz Levin on the firm’s blog, Copyright & Trademark Matters Apple and Google agree to dismiss all current lawsuits between them, including SEP cases – Washington, DC… [read post]
19 May 2014, 4:24 pm
The legislation would wind down and eliminate Fannie Mae and Freddie Mac and allow for a diverse set of private entities to step in and replace most of their functions. [read post]
13 May 2014, 7:10 pm
The trial court entered a final judgment of foreclosure in favor of Freddie Mac. [read post]
9 May 2014, 11:22 am
Congress has been considering changing mortgage banking, reducing the role of Fanny Mae and Freddy Mac, the two federal superbanks that have been insuring and buying our mortgages for decades. [read post]
8 May 2014, 7:07 am
CanadaOttawa to help telecom regulator defend new wireless code, ReutersReport claims Harper wanted Nadon to practise law again to 'enhance eligibility' for SCC, The National PostMandatory surcharge called 'overreaching, unconstitutional, and a broad brush punishment', Ottawa CitizenUnited StatesFannie Mae, Freddie Mac post profits driven by income from legal settlements, ReutersLawmakers, Comcast meet for third time to discuss controversial merger,… [read post]
7 May 2014, 2:00 pm
But no: this was the big book about "the GSEs"--Fannie Mae and Freddie Mac--and their role, or lack of it, in the Great Meltdown. [read post]
22 Apr 2014, 6:56 pm
., even though Freddie Mac is named plaintiff in the foreclosure action must provide evidence that Freddie Mac only foreclosed as a servicing agent and not as a principal. [read post]
22 Apr 2014, 8:02 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, for the investigation leading to the guilty verdicts. [read post]
10 Apr 2014, 3:57 pm
Ultimately, Madjlessi and Lonich obtained refinancing on the Park Lane Villas East through Freddie Mac, but not before Sonoma Valley Bank failed in August 2010. [read post]
8 Apr 2014, 7:14 am
On March 26, Bank of America and the Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, announced a settlement of FHFA’s RMBS-related suits against the Bank. [read post]
7 Apr 2014, 10:53 am
Today, Freddie Mac is no longer considered in crisis. [read post]
25 Mar 2014, 3:00 am
Here's the abstract: The fate of Fannie Mae and Freddie Mac are subject to the vagaries of politics, regulation,... [read post]
20 Mar 2014, 9:30 pm
Senate Committee on Banking, Housing, and Urban Affairs released a bill that would wind down Fannie Mae and Freddie Mac in five years. [read post]
17 Mar 2014, 4:29 am
For example, as noted here, in March 2013 Freddie Mac filed an action in the Eastern District of Virginia against the Libor rate setting banks as well as against the BBA, alleging both antitrust violations as well as breach of contract claims. [read post]
14 Mar 2014, 5:57 pm
– Winston-Salem attorney Robin Shea of Constangy on the firm’s blog, Employment & Labor Insider New Bill Poised to Revamp Fannie Mae, Freddie Mac – Philip R. [read post]
