Search for: "Federal National Loan Mortgage"
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9 Feb 2007, 3:56 pm
On Friday, National Mortgage News Online reported that Merrill Lynch was making margin calls on certain warehouse customers, asking these non-depositories for more capital. [read post]
28 Jun 2012, 3:07 pm
Sumit Agarwal of the National University of Singapore and the Federal Reserve Bank of Chicago, Itzhak Ben-David of Ohio State's Fisher College of Business, Gene Amromin of the Chicago Fed, Souphala Chomsisengphet of the Office of the Comptroller of the Currency (OCC Douglas D. [read post]
11 Feb 2012, 11:33 pm
The National Association of Consumer Bankruptcy Attorneys (NACBA), has proposed a plan that, in conjunction with Chapter 13, allows debtors to pay down principal balances on underwater home mortgages. [read post]
14 Jan 2021, 12:09 pm
Federal enforcement actions run the gamut from cases involving student loan fraud, bank fraud, mortgage fraud, antitrust crimes, and customs fraud. [read post]
11 Sep 2013, 3:26 pm
Virgin Islands, and represents both local and national mortgage lenders and servicers. [read post]
11 Sep 2013, 3:26 pm
Virgin Islands, and represents both local and national mortgage lenders and servicers. [read post]
Georgia's Bank Failures Lead to Prosecutions; Atlanta Man Indicted in Relation to Omni National Bank
28 Dec 2009, 7:28 am
Georgia leads the nation in bank failures this decade, with 32 failed banks since 2002, 25 of those in 2009 alone, according to the Federal Deposit Insurance Corporation (FDIC). [read post]
8 Nov 2011, 1:55 am
On November 3, 2011, Sheila Bair, former Chairwoman of the Federal Deposit Insurance Corporation (“FDIC”), in a speech to attendees of the national fall meeting of the National Association of Insurance Commissioners, focused on systemic risk posed by credit-default swaps on the United States financial system. [read post]
14 Oct 2020, 9:36 am
While mortgage lenders are permitted to consider a borrower’s ability to pay a mortgage payment and their credit history, a lender may not refuse a borrower’s loan because they are a member of a protected class. [read post]
30 May 2007, 8:40 pm
On the other hand, Comptroller Dugan is speaking for any agency that regulates national banks, and national banks have not been the problem with stated income loans, or subprime loans in general for that matter. [read post]
5 May 2012, 10:37 am
IndyMac Federal will only make modification offers to borrowers where doing so will achieve an improved value for IndyMac Federal. [read post]
12 Apr 2021, 10:55 am
This provision applies to the entire scope of loans subject to Regulation X, and is not limited to federal agency or GSE loans (as with the CARES Act), and would essentially constitute a foreclosure moratorium for the remainder of the year. [read post]
14 May 2009, 8:16 am
Credit derivatives are investments backed by mortgages, student loans, commercial paper, or credit card debts that have been bundled and sold to investors in the form of bonds, fund shares or other securities. [read post]
29 Sep 2014, 7:42 am
Attorney Laura Duffy commented: “It is our sincere hope that we have closed a chapter on the destructive wave of mortgage frauds that heavily contributed to this nation’s financial crisis. [read post]
25 Jun 2017, 10:14 am
Nationally, including in Maryland, “residential” PACE programs (as opposed to the commercial programs) were put on hold as a result of a directive in 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by single family properties with outstanding PACE obligations. [read post]
21 Nov 2008, 12:52 pm
Last week Freddie and Fannie — which own or guarantee 31 million mortgages, or 58% of the nation's total — announced a streamlined mortgage-modification program, designed to get borrowers closest to foreclosure into affordable monthly payments. [read post]
1 Jan 2019, 9:37 pm
Mortgages (2010) by federal statute. [read post]
19 Oct 2009, 7:25 pm
While mortgage lending surged 3.6% last quarter at big banks, for community banks whose bread and butter is mortgage loans, they fell 1%. [read post]
17 Oct 2012, 8:48 am
Among those honored, for work on fraud cases, were one group for a national mortgage servicing settlement: The third Distinguished Service Award is presented to the individuals involved in procuring a $25 billion mortgage servicing settlement between the United States, 49 state attorneys general and the five largest mortgage servicers, representing the largest federal-state settlement in history. [read post]
27 May 2008, 9:17 am
The government index is calculated by tracking mortgage loans under $417,000 that are purchased or backed by the government-sponsored mortgage-finance companies, Fannie Mae and Freddie Mac. [read post]