Search for: "Federal Home Loan Mortgage"
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18 Oct 2010, 7:29 am
Related posts:Arizona Attorney General Sues Loan Modification Company Phoenix Home-loan Modification Delayed for Many Calif. [read post]
14 Jan 2008, 4:59 am
The appraisals supported $4.7 million in fraudulent loans for purchases in the names of out-of state “investors” of incomplete homes from builder/coconspirator Jeffery Alan Teague. [read post]
3 Mar 2009, 7:35 am
The home owner will be required to meet with a HUD-approved counselor, essentially to determine what the homeowner can afford in regards to a potentially modified mortgage loan. [read post]
24 Dec 2012, 9:51 am
The Mortgage Debt Relief Act of 2007 will expire a few days from now unless a miracle happens – we’ve been concerned about the impact this federal income tax exemption disappearing will have upon Florida home owners, those with underwater mortgages, and the Florida economy as a whole for a while now – and, unfortunately, it’s just now getting the attention it deserves from a lot of people. [read post]
20 Nov 2012, 9:24 am
These home owners are filing lawsuits against their mortgage lenders for failing to agree to a mortgage loan modification. [read post]
8 Jul 2008, 9:22 pm
The Federal Reserve will issue new rules designed to cut down on teh "shady" loan practices often present in the subprime mortgage market.Look, I will admit there are some not so upright mortgage lenders out there and they deserve to be driven out of the market. [read post]
21 Jan 2008, 10:42 am
This will permit debtors to emerge from Chapter 7 with their home ownership intact, and reap the benefits of lower mortgage payments as part of their fresh start. [read post]
2 May 2012, 7:18 am
In the wake of the housing crisis, federal regulators and law enforcement officials are carefully scrutinizing home equity loans and other transactions that could be related to potential fraud charges. [read post]
15 Dec 2014, 6:39 am
The Federal National Mortgage Association (“FNMA” or “Fannie Mae”), as of December 13, 2014, and Federal Home Loan Mortgage Corporation (“FHLMC” or “Freddie Mac”) as of March 23, 2015 will back loans with 3 percent down payments for first-time home buyers. [read post]
13 Apr 2011, 4:25 am
If you own a home and are struggling to make your mortgage payments, the first thing you should is some research on the "in's and out's" loan modifications and what type of loan modifications are available to you. [read post]
17 May 2013, 10:47 am
Ultimately, Hoeft and CPG conspired together to obtain construction loan financing from lenders without disclosing the existence of prior liens against property for home construction; once a buyer was secured for a home that had been constructed, resident mortgage lenders were not informed of the existence of prior liens, or in some cases Hoeft would disclose the liens, but fail to pay them from his escrow accounts where the mortgage loan… [read post]
2 Oct 2008, 2:56 pm
" A final abstract:The U.S. mortgage loan foreclosure crisis has been called the worst financial crisis since the great depression. [read post]
11 Sep 2013, 4:00 pm
Last month, the City of Richmond sent letters to mortgage companies seeking to purchase 624 loans secured by underwater properties (homes with mortgages greater than their current market value). [read post]
1 Feb 2012, 12:32 am
Andrey Kim, 28, Sacramento, California, and Sultanmurod Rashidov, 29, Brooklyn, New York, have been indicted by a federal grand jury on charges of mail fraud and money laundering in connection with a mortgage fraud scheme that resulted in losses of at least $180,000 to lenders. [read post]
5 Dec 2011, 7:09 am
Thus, many homeowners who have been working to modify their mortgage loans in Georgia have ultimately faced foreclosure after working with the mortgage companies for months or even years. [read post]
28 Jan 2019, 1:12 pm
The standard deduction for a single filer increased from $6,000 to $12,000, but many other deductions were reduced or eliminated, including: Capping deductions for state and local income and property taxes at $5,000 when filing as a single person; Eliminating deductions for home equity loan interest unless the loan was used to pay for improvements towards a primary or secondary home; Reducing the mortgage interest tax deduction from $1 million to… [read post]
3 Aug 2011, 7:09 am
After that, they submitted loan applications with false information for those homes. [read post]
28 Mar 2011, 11:41 am
The Senators said that, under Section 941, the SEC and the federal banking agencies are directed to define qualified residential mortgage by taking into consideration underwriting and product features that historical loan performance data indicate result in a lower risk of default. [read post]
31 May 2012, 12:04 pm
That's a pretty promising success rate, particularly given the fact that other federally-sponsored home loan modification programs have default rates that stand at somewhere between 40 and 50 percent. [read post]
18 Sep 2012, 7:38 am
Borrowers whose homes are owned or serviced by the settling banks may be eligible for benefits such as: Principal reductions for homeowner seeking loan modifications, Refinancing at low interest rates for borrowers whose mortgages exceed home value, and Payments to some borrowers who lost their homes to foreclosure. [read post]
