Search for: "Federal Home Loan Mortgage Corporation "
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2 Jun 2010, 4:12 am
She does have my home address right though, not that it’s a secret either. 2. [read post]
16 May 2010, 4:07 pm
William Black is a former bank regulator at the Federal Savings and Loan Insurance Corporation. [read post]
15 May 2010, 9:45 am
Rather than reducing their exposure on mortgage bonds as the underlying home loans were paid down, the collateralized debt obligations (“CDOs”) kept betting as if the risk hadn’t changed. [read post]
13 May 2010, 2:23 pm
However, the participation in such a plan may appear on consumer credit reports, and the client may have more difficulty obtaining a car or home loan and be denied any further unsecured credit, such as a credit card. [read post]
13 May 2010, 2:06 am
" The complaint also alleges that Regions "only marginally increased its loan loss reserves" despite "the high risk of loss inherent in its mortgage loan portfolio. [read post]
12 May 2010, 7:00 am
Did you write letters to either of them, or any of other the big corporations that are ditching whatever they’ve decided makes no sense for them to pay for, even though they signed the mortgage? [read post]
12 May 2010, 5:30 am
The plaintiffs, seeking to represent a class of GMAC’s Georgia customers, brought an action against GMAC Mortgage, LLC and GMAC, Inc (collectively, “GMAC”) in the superior Court of Muscogee County, alleging that their home loans were serviced by GMAC, and that all the late fees that GMAC charged them were improper and excessive. [read post]
11 May 2010, 7:20 am
In many cases, the debtor actually keeps most of his assets while having his debts relieved, though this does not apply to a mortgaged home. [read post]
10 May 2010, 9:07 pm
Marchant (R-TX) on 3/3/10 Summary: Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to prohibit the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation Act (Freddie Mac) from purchasing a single-family housing (1-to-4 family residence) mortgage unless the… [read post]
3 May 2010, 10:18 am
” A second group of critics say the government helped to seed the crisis through its efforts to increase home ownership, including the role of Fannie Mae and Freddie Mac in buying mortgage loans to make more money available for lending. [read post]
1 May 2010, 7:15 am
The very possibility of a corporate turnaround has encouraged investors to take risk in buying discounted equity and debt in restructurings, where there would be far less interest in asset trading in liquidations. [read post]
30 Apr 2010, 6:35 pm
Covered employees are defined as both as employees of the company and non-employee directors of a major federal emergency economic assistance recipient.The Act defines major federal emergency economic assistance recipients as financial institutions of which the federal government acquired an equity interest of more than $5 million pursuant to a program authorized by the Emergency Economic Stabilization Act of 2008, as well as the Federal National Mortgage… [read post]
23 Apr 2010, 7:38 am
Countrywide Home Loans in $150 Million Fight With Mortgage Insurer The Recorder In a case born out of the mortgage crisis, one of the United States' largest home lenders is trying to force its mortgage insurer to pay up on claims in at least 1,400 loans. [read post]
22 Apr 2010, 1:35 pm
The Federal Deposit Insurance Corporation - the FDIC - an institution that has successfully secured the deposits of generations of Americans. [read post]
22 Apr 2010, 11:45 am
In January 2008, Countrywide Financial Corporation, a $100 billion thrift specializing in home loans, was sold to Bank of America. [read post]
20 Apr 2010, 8:52 am
Approximately 90 percent of all of WaMu’s home equity loans, 73 percent of Option ARMs, and 50 percent of subprime loans were ‘stated income’ loans. [read post]
14 Apr 2010, 3:55 am
Washington Mutual increased its securitization of sub-prime loans six-fold, primarily through its sub-prime lender, Long Beach Mortgage Corporation. [read post]
13 Apr 2010, 10:37 am
So what does Lowman (JPMorgan Chase Home lending CEO) say: "If we re-write the mortgage contract retroactively to restore equity to any mortgage borrower because the value of his or her home declined, what responsible lender will take the equity risk of financing mortgages in the future? [read post]
6 Apr 2010, 2:00 pm
That's the change of the bankruptcy laws to permit modification of home loans in bankruptcy. [read post]
20 Mar 2010, 12:22 pm
With credit scores, student loans, mortgages, credit card debt, car loans, bank accounts, retirement funds and everything else you have to worry about to keep up with your finances, it’s no wonder if you feel overwhelmed from time to time. [read post]
