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24 Jan 2012, 10:53 am by James Hamilton
There are thousands of nonbank providers of financial products and services that make up a significant portion of the consumer financial marketplace, including mortgage lenders, mortgage servicers, mortgage brokers, payday lenders, consumer reporting agencies, debt collectors, and money services corporations. [read post]
24 Jan 2012, 8:39 am by Daniel J. Slattery
The complaint alleges that the Ordinance is preempted by federal law and regulations governing Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation). [read post]
24 Jan 2012, 8:11 am by Adam Zimmerman
The New York Times reports that as many as one million homeowners facing foreclosure could have their mortgages cut by about $20,000 each as part of a long-awaited deal being negotiated between "state attorneys general, federal officials and the nation’s largest mortgage servicers. [read post]
16 Jan 2012, 10:05 pm
The fact that these committees represented having signed off on the financial instruments in question should mean something-if not, why have these corporate committees?! [read post]
16 Jan 2012, 8:15 am by Darrin Mish
You do not need to send 1099s to corporations, except attorneys and medical-care providers. [read post]
13 Jan 2012, 10:14 am by Ray Mullman
Instead, the HUD agency has access to inspection reports on the facilities made by state and local authorities. [read post]
11 Jan 2012, 6:56 am by admin
    Internal Capital Adequacy Assessment Process   Under these rules, banks and investment banks were required to hold 8% capital against corporate loans, 4% against mortgages and 1.6% against mortgage-backed securities. [read post]
5 Jan 2012, 10:48 am
He would also allow deductions for mortgage interest, charitable contributions, and state and local taxes on the flat tax plan.The flat tax plan would tax all who selected it 20% of their personal and corporate taxes. [read post]
4 Jan 2012, 5:01 am by James Edward Maule
Premiums for mortgage insurance deductible as interest that is qualified residence interest (sec. 163(h)(3))30. [read post]
4 Jan 2012, 12:33 am by Kevin LaCroix
But in recent years, there has been a shift in the mix of corporate and securities litigation filings. [read post]
2 Jan 2012, 10:43 am by Lovechilde
At the same time, many of those states preserved tax breaks for the wealthy and corporations. [read post]
1 Jan 2012, 7:34 pm by Kelly Phillips Erb
Mortgage interest limits (well, I don’t agree with that subsidy, but whatever). [read post]
31 Dec 2011, 1:19 pm by Law Lady
DEPARTMENT OF TRANSPORTATION, Appellee. 5th District.Mortgage foreclosure -- Relief from judgment -- Absence of sworn motion or evidenceNOVASTAR MORTGAGE, INC., Appellant, vs. [read post]
29 Dec 2011, 9:00 pm
You keep the home mortgage interest deduction, you keep the charitable deduction, you keep the earned income tax credit. [read post]
29 Dec 2011, 5:01 pm by malik
Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for the relief. [read post]
23 Dec 2011, 8:56 am by Cynthia Marcotte Stamer
Countrywide Settlement This week’s Justice Department settlement with Countrywide Financial Corporation and its subsidiaries (Countrywide) provides for payment of $335 million in compensation to the more than 200,000 qualified African-American and Hispanic borrowers that Federal officials allege were victims of the widespread pattern or practice of illegal discrimination against qualified African-American and Hispanic borrowers by Countrywide while Countrywide served as one of… [read post]
23 Dec 2011, 12:00 am by Sebastian Rowland
Fish and Wildlife Service announced it will remove the grey wolf populations in the Great Lake states from the federal list of threatened and endangered species.Bank of America agreed to a $335 million settlement with the Justice Department over accusations that Countrywide Financial Corporation, now a subsidiary of BofA, had discriminated against African-Americans and Hispanics in its lending practices. [read post]
16 Dec 2011, 11:57 am by William McGrath
On Friday, December 16, 2011, the SEC announced that it had entered into non-prosecution agreements with the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac") and filed charges against six of their former executives for securities fraud, alleging that "they knew and approved of misleading statements claiming the companies had minimal holdings of higher-risk mortgage loans,… [read post]
14 Dec 2011, 2:00 am by Keith Paul Bishop
  Progressive politicians called for a regulatory agency to protect small investors. [read post]