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3 Feb 2015, 4:56 pm by Jordan Pascale, P.L.
Federal National Mortgage (Fannie Mae) acquired the note and mortgage from Chase. [read post]
30 Jan 2015, 10:48 am by Frank Coxwell
The Consumer Financial Protection Bureau (CFPB) is a government organization, which accepts and assists with complaints about the following consumer product or service issues: Bank accounts or services Credit cards Money transfers Mortgages Student loans Vehicle or consumer loans The process is pretty simple. [read post]
26 Jan 2015, 7:49 am by Allison Tussey
The prosecution is the result of an investigation by SIGTARP and the FBI.The post Advance Fee Loan Scams Lead to Prison appeared first on Mortgage Fraud Blog. [read post]
17 Jan 2015, 12:44 am by Nicholas Gebelt
  The action is the latest against one of the nation’s biggest mortgage servicers and raises the level of concern over continuing problems in billing and collecting monthly payments from borrowers, especially those having financial problems. [read post]
The report is the first to harness data gathered by the National Survey of Mortgage Borrowers, an ongoing research effort funded jointly by the Bureau and the Federal Housing Finance Agency (FHFA). [read post]
13 Jan 2015, 7:09 pm by Adam Levitin
  Lastly, it's worth comparing the NYDFS remedy with the National Mortgage Settlement. [read post]
12 Jan 2015, 10:09 am by The Public Employment Law Press
Previously, he served as a Commissioner of the Special Commission on Judicial Compensation, Director of the Federal Home Loan Bank of New York, Director of the Municipal Assistance Corporation for the City of New York, Director of the United Nations Development Corporation, Chairman of the Westchester County Industrial Development Agency, and Chairman of the New York City Rent Guidelines Board. [read post]
9 Jan 2015, 9:19 am by Allison Tussey
  This scheme resulted in losses to mortgage lenders, including The Federal National Mortgage Association (Fannie Mae) and The Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
30 Dec 2014, 9:53 am by Sabrina I. Pacifici
Morgan Stanley lawsuit asserts that Morgan Stanley pursued mortgage securitization policies and practices that, through their funding of now-defunct mortgage lender New Century Mortgage Company, resulted in a significant discriminatory impact on African-American borrowers in the Detroit metropolitan area, flooding the already highly segregated community with toxic, combined-risk subprime loans in the lead-up to the collapse of the housing market in 2008. [read post]
28 Dec 2014, 9:01 pm
         Mortgage Rates: Most of the experts expect the Federal Reserve to increase the federal funds rate by mid-year, with a rise in mortgage interest rates soon to follow. [read post]
23 Dec 2014, 6:10 pm by Jon Gelman
 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]
22 Dec 2014, 2:36 pm by Barbara S. Mishkin
Mishkin The American Bankers Association, Consumers Bankers Association, Independent Community Bankers of America, National Association of Federal Credit Unions, and Association of Military Banks of America have submitted a 59-page letter commenting on the Department of Defense’s proposed revisions to its Military Loan Act regulations. [read post]
19 Dec 2014, 6:08 am by Jim Sedor
Federal: Every Election Is the Most Expensive Election. [read post]
17 Dec 2014, 7:26 am by Allison Tussey
“Today’s conviction against Marie Lucie Tondreau is a success in our continuing efforts to fight mortgage fraud that jeopardizes our nation’s financial institutions,” said U.S. [read post]
16 Dec 2014, 7:30 am by Allison Tussey
Conrad, Jr. for their roles involving computer theft of mortgage leads from a nation-wide online mortgage broker. [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]