Search for: "Federal National Loan Mortgage"
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28 Apr 2011, 6:25 pm
So we were pleased to see that the Federal Housing Finance Agency has essentially forbidden dual-track foreclosures for a huge proportion of the nation's mortgages -- those owned by Fannie Mae and Freddie Mac. [read post]
23 Dec 2014, 6:10 pm
Whistleblower’s share: $167.7 million divided among whistleblowers in Pennsylvania ($112 million), Massachusetts ($27.7 million) and California ($28 million).JP Morgan ChaseSettlement: $614 million “for violating the False Claims Act by knowingly originating and underwriting non-compliant mortgage loans... [read post]
30 Jul 2013, 4:00 am
In the case, which was filed last summer, the CFPB alleged that an attorney and his law firm had violated the Consumer Financial Protection Act of 2010 (meaning Title X of Dodd-Frank) and Regulation O, the Mortgage Assistance Relief Services Rule, by falsely promising loan modifications in exchange for advance fees. [read post]
1 Mar 2012, 11:54 am
Stan is no stranger to our consumer financial services and mortgage banking lawyers. [read post]
18 Mar 2011, 8:20 am
They also face possible preemption arguments from the banks and OCC if they try and move against national banks. [read post]
23 Oct 2021, 9:21 am
Redlining is a type of lending discrimination in which banks refuse to lend money to people seeking home loans because of their race or national origin. [read post]
18 Aug 2011, 3:17 pm
Say the borrower has a $120,000 mortgage loan on a home worth $90,000. [read post]
6 Mar 2013, 11:14 am
Mortgages, student loans, and credit cards account for a large portion of that debt. [read post]
8 Jul 2014, 7:22 am
The defendant’s business and the federal government’s HAMP are not affiliated in any way. [read post]
2 Apr 2008, 10:00 am
As for state mortgage brokers, which the proposal notes is the "sector of the industry responsible for origination of the majority of subprime loans in recent years," the proposal can do little more than provide that states should "have clear authority to enforce federal mortgage laws including the TILA [Truth in Lending] provisions concerning mortgage transactions. [read post]
11 Feb 2008, 8:39 pm
Last week, he spoke to the National Association of Mortgage Brokers and, after kissing up to the audience with bromides about how most of the mortgage banking business is honest and how blame for the current subprime mortgage mess has to be spread far and wide, he told them that the OTS was better suited than HUD to be the primary regulator to oversee a national scheme of registering and licensing mortgage originators. [read post]
11 Dec 2013, 8:32 am
Churn was convicted of seven counts of bank fraud in connection with a scheme to defraud a federally-insured financial institution that had issued loans for the construction of modular homes in Nashville and Franklin, Tennessee. [read post]
23 Jan 2011, 10:29 am
Why is it so difficult to get the bank to modify a mortgage? [read post]
25 Jul 2014, 7:38 am
Beginning around 2000, in effort to provide economic stimulus in the wake of the recession, the Federal Reserve and many lending institutions promoted loans with the express purpose of investing in the housing market. [read post]
25 Jul 2014, 7:38 am
Beginning around 2000, in effort to provide economic stimulus in the wake of the recession, the Federal Reserve and many lending institutions promoted loans with the express purpose of investing in the housing market. [read post]
11 Jan 2017, 7:16 am
The Federal Trade Commission, the nation’s consumer protection agency, enforces something called the Fair Debt Collection Practices Act. [read post]
11 Jan 2017, 7:16 am
The Federal Trade Commission, the nation’s consumer protection agency, enforces something called the Fair Debt Collection Practices Act. [read post]
9 Sep 2020, 8:17 am
Additionally, the federal government has imposed a Federal stay on foreclosures related to primary residences with government backed mortgages. [read post]
3 Oct 2011, 8:17 am
Federal National Mortgage Ass’n, The webcast should be up soon on the SJC Website. [read post]
10 May 2010, 11:15 pm
(NYSE: JPM), which operates more than 5,100 branches and 15,000 ATMs nationally under the Chase brand. [read post]
