Search for: "FEDERAL NATIONAL MORTGAGE ASSOCIATION "
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4 Apr 2011, 7:45 pm
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEMANHATTAN BEACH, Calif., March 30, 2011 /PRNewswire/ — Kinecta Federal Credit Union has expanded its slate of wholesale mortgage loan products to include a Federal Housing Authority (FHA) program. [read post]
24 Mar 2020, 9:04 am
In addition, the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, more commonly known as Fannie Mae and Freddie Mac, respectively, have instituted moratoriums on foreclosures, as well as forbearance options for those affected by the coronavirus pandemic. [read post]
10 Jun 2009, 9:05 am
From 2005 to 2006, the number of reverse mortgages jumped 26 percent, according to the National Reverse Mortgage Lenders Association, a trade group. [read post]
13 Apr 2012, 7:21 am
FHFA’s initial proposal would have banned federally backed mortgages for any property in a community association with a deed-based transfer fee. [read post]
8 May 2009, 10:12 am
See entire order below.Ex Parte Federal National Mortgage Association, Petitioner.In Re Federal National Mortgage Association (“Fannie Mae”) Loans Subject to Foreclosure Sale.ORDERPetitioner asks this Court to issue an ex parte temporary injunction1 or restraining order “enjoining all judicial officials in South Carolina conducting foreclosure sales on May 4, 2009 (or the next judicial sales dated) from… [read post]
3 Oct 2013, 1:06 pm
Under the proposed rule, published in the Federal Register on Monday, Title II single family mortgages that do not meet the points and fees requirement under the CFPB’s general QM definition will not be eligible for insurance under the National Housing Act (not including HECMs). [read post]
9 Nov 2016, 6:33 am
Specifically, the case asks whether the presence of Fannie Mae (the Federal National Mortgage Association) as a party to a lawsuit is itself sufficient to create federal jurisdiction over the suit. [read post]
5 Oct 2015, 8:00 am
Although many associate the False Claims Act (“FCA” or “the Act”) with health care fraud, its reach is much broader and includes certain forms of mortgage fraud. [read post]
5 Jun 2011, 5:23 pm
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEHouse Republicans are floating a plan that would jack up the required down payment for homebuyers looking to secure a Federal Housing Administration-backed mortgage. [read post]
22 Nov 2024, 1:10 pm
Avraham Tarshish (also known as “Avi Tarshish”), 45, Queens Village, New York was found guilty yesterday for conspiracy to commit wire fraud and bank fraud, and related wire fraud counts, in connection with a scheme to defraud mortgage loan holders, including the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) […] [read post]
22 Dec 2011, 10:45 am
The SEC has charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal holdings of higher-risk mortgage loans, including subprime loans.Fannie Mae and Freddie Mac each entered into a Non-Prosecution Agreement with the… [read post]
9 Aug 2023, 12:11 pm
Due Diligence We conduct thorough due diligence on your chosen mortgage type, ensuring that you’re fully informed about the terms, potential rate adjustments, and any associated fees. [read post]
15 Apr 2024, 5:45 am
Additional Resources: Consumer Financial Protection Bureau (CFPB) Federal Housing Administration (FHA) National Reverse Mortgage Lenders Association (NRMLA) Conclusion: Reverse mortgages can be a valuable tool for some homeowners, but they should not be entered into lightly. [read post]
20 Jun 2016, 3:05 pm
In a putative class action alleging failure to timely record satisfactions of mortgages, the Supreme Court of Ohio recently held that a cease-and-desist order issued by the Federal Housing Finance Agency (FHFA) to Federal National Mortgage Association (Fannie Mae) did not preclude the trial court from exercising jurisdiction under the federal statute governing judicial review […]Mickey J. [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]
27 Nov 2012, 7:58 am
Wood, recently wrote about an announcement made by The Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB) regarding warning letters sent to more than 30 companies, including lenders, mortgage brokers, real estate agents, home builders and lead generators, notifying them that their advertisements may have violated the Mortgage Acts and Practices Rules ("MAP Rule"). [read post]
19 Nov 2012, 8:49 am
The recent decision in In re Federal National Mortgage Association Sec., Derivative, and “ERISA” Lit., 2012 WL 4888506... [read post]
9 Jun 2010, 12:00 pm
(also known as: UCA); Bankruptcy Masters Corp.; National Bankruptcy Services Corp.; Federal Debt Solutions Ltd.; and United Money Tree Inc. [read post]
24 May 2006, 2:56 pm
[JURIST] Regulators at the US Securities and Exchange Commission (SEC) and the Office of Federal Housing Enterprise Oversight (OFHEO) [official websites] have announced a $400 million settlement [press release] with the Federal National Mortgage Association, or Fannie Mae [official website]. [read post]
24 Sep 2009, 9:49 am
Mike Anderson (President of Essential Mortgage, Louisiana Mortgage Lenders Association Past President, and the National Association of Mortgage Brokers Co-Chair of Government Affairs) testified before the Federal Reserve Board today on this issue. [read post]
