Search for: "Federal Home Loan Mortgage"
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19 Sep 2020, 8:02 am
While the CARES Act made forbearance on federally backed mortgages available for the asking. [read post]
28 Jul 2011, 8:54 am
According to the Federal Reserve Board, one of Wells Fargo's lending companies that focused on cash-out refinancing loans on homes improperly steered customers, who could have qualified for prime loans, into subprime loans. [read post]
11 Oct 2008, 3:25 pm
This was followed several days later by the passage of the federal bailout bill, which contains language likely to also result in widespread loan modifications. [read post]
11 Feb 2014, 5:43 pm
Prospect also relied on its communications to its loan officers emphasizing the Company’s expectation that they focus on outside activities in pursuing mortgage loan sales. [read post]
19 Jun 2012, 7:28 pm
Recently, the federal government and 49 state attorneys general reached a settlement with the country’s five largest mortgage loan servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo. [read post]
10 Mar 2011, 8:00 am
Most of the homes referenced in the indictment are in Scottsdale. [read post]
31 Dec 2008, 9:32 am
They got burned big-time on risky loans, and now they are being more selective, and are likely hoarding liquid assets, namely cash.The Fed announced in November that it would buy up to $100 billion in debt issued by Fannie Mae, Freddie Mac and the Federal Home Loan Banks, but yesterday it said that it will attempt to buy $500 billion in mortgage-backed securities by the middle of 2009. [read post]
21 Feb 2011, 1:06 pm
Ragauckas then obtained a mortgage loan from Countrywide Bank in order to purchase a rental property in Jersey City. [read post]
4 Aug 2014, 7:31 am
During this time, Greenleaf sponsored real estate investment seminars that were designed to recruit potential investors to apply for mortgage loans for the construction and sale of residential homes in southwest Missouri and northwest Arkansas. [read post]
17 Nov 2015, 8:13 pm
Part of its mission is to enable lenders to finance home loans for those with moderate income and/or credit challenges. [read post]
6 Jan 2015, 8:07 am
The loans were guaranteed by the Federal Housing Administration. [read post]
25 Aug 2012, 6:43 am
We explore this using historical variation in federal judicial rulings regarding whether Chapter 13 bankruptcy filers could reduce the principal owed on a home loan to the home’s market value. [read post]
19 Apr 2008, 10:45 pm
Hence you have a federal case. [read post]
14 Feb 2023, 8:47 am
CFPB [Link: https://www.consumerfinancemonitor.com/2022/10/03/federal-dc-court-overturns-closed-end-loan-hmda-reporting-threshold/] invalidating the part of an April 2020 final Home Mortgage Disclosure Act (HMDA) rule issued by the CFPB that increased the HMDA reporting threshold for closed-end mortgage loans from 25 covered loans originated in each of the prior two years to 100 covered loans originated in each of the prior two… [read post]
24 Jun 2014, 5:05 pm
The Federal Housing Administration published a Mortgagee Letter reminding lenders participating in the agency’s Home Equity Conversion Mortgage Program to make certain senior borrowers are fully informed of all their options when applying for reverse mortgages. [read post]
17 Nov 2014, 7:44 am
Hairston helped a straw borrower obtain and close a loan for a home based on false qualifying information, and then moved into the straw borrower’s home. [read post]
11 Nov 2012, 11:45 am
Related posts:Do I Still Owe Secured Debts (Mortgages, Car Loans) After Bankruptcy? [read post]
21 Jan 2021, 7:27 am
The CFPB recently filed a complaint in the United States District Court for the District of Connecticut alleging violations of various federal consumer protection laws by 1st Alliance Lending, LLC (1st Alliance), a former mortgage lender. [read post]
11 Dec 2009, 1:28 am
., is charged with conspiracy to commit bank fraud and wire fraud in connection with a scheme that defrauded banks out of more than $23 million in home mortgage loans. [read post]
18 Nov 2013, 8:11 pm
In total, the conspiracy involved the purchase of approximately 36 homes in Ashburn, Virginia, from 2005 through 2007 and approximately $19.9 million in loan proceeds disbursed on the basis of fraudulent loan applications. [read post]
