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1 Jun 2009, 1:52 pm
The Legacy Securities program will target commercial mortgage-backed securities and residential mortgage-backed securities, and the Legacy Loans Program is designed to attract private capital to purchase eligible legacy loans and other assets from participating banks through the availability of FDIC debt guarantees and Treasury equity co-investments. [read post]
8 Mar 2011, 6:20 am by Timothy P. Flynn
Or will judges, case-by-case, reluctantly pull the threads that will undo our nation’s mortgage lending system? [read post]
12 Mar 2011, 7:39 am by Timothy P. Flynn, Esq.
Or will judges, case-by-case, reluctantly pull the threads that will undo our nation’s mortgage lending system? [read post]
8 Sep 2009, 11:37 am by R. Grace Rodriguez, Esq.
SECREST et al., Plaintiffs and Appellants,v.SECURITY NATIONAL MORTGAGE LOAN TRUST 2002-2 et al., Defendants and Respondents.No. [read post]
9 Sep 2011, 3:46 pm
The FHFA lawsuit is related to the same lenders' conduct when selling the securitized loans. [read post]
1 Nov 2006, 10:10 pm
No hidden agendas in our nation's capitol, are there? [read post]
6 Dec 2008, 5:52 pm
Before joining the academy, he served as litigation director of the Federal Home Loan Bank Board, deputy director of the Federal Savings and Loan Insurance Corporation, Senior Vice President and General Counsel of the Federal Home Loan Bank of San Francisco, Senior Deputy Chief Counsel, Office of Thrift Supervision, and deputy director of the National Commission on Financial Institution Reform, Recovery and Enforcement. [read post]
2 Mar 2011, 8:27 am by guest-writer
A recent report at Credit.com notes that the federal government may be nearing an announcement of new regulations for the mortgage servicing industry. [read post]
29 Mar 2010, 2:58 am by atussey@mortgagefraudblog.com
According to the indictment and as previously reported on Mortgage Fraud Blog, Merriell obtained millions of dollars in loans from Omni National Bank before Omni's failure and takeover by the FDIC on …Read More... [read post]
10 Oct 2008, 10:24 pm
Fish and Wildlife Service Letter to Shareholders From AIG Chairman and CEO Edward Liddy (PDF 156 KB) Letter Regarding the Sale of Stock to the Federal Reserve Bank Remarks Delivered by World Bank Group President Robert Zoellick Remarks as Prepared for Delivery at the Opening of the Annual Meetings on Oct. 9, 2008 Letter to Secretary of the Treasury Henry Paulson From AIG Chairman and Chief Executive Officer Edward Liddy (PDF 48 KB) Letter Seeks to Explain a Trip Made to a Resort by… [read post]
26 Jul 2013, 2:24 am by Christina Reichert
Government Accountability Office (GAO) released a report detailing the pre-Affordable Care Act (ACA) health insurance market.The Consumer Financial Protection Bureau (CFPB) filed suit against a Utah mortgage company for allegedly giving incentives to loan officers for pushing high-interest rate mortgages.Legislators voted to defeat a proposal to restrict how the National Security Agency (NSA) uses telephone surveillance.The GAO released a report recommending the U.S. [read post]
17 Mar 2020, 11:01 am by Richard J. Andreano, Jr.
The organizations joining in the joint comment letter are the California Mortgage Bankers Association, Credit Union National Association, Housing Policy Council, Leading Builders of America, Mortgage Bankers Association, Mortgage Bankers Association of Florida, Mortgage Bankers Association of Missouri, National Association of Federally-Insured Credit Unions, National Association of REALTORS®, Real Estate Services Providers… [read post]
25 Oct 2012, 10:09 am by Rosa Schechter
The Government’s Complaint seeks damages and civil penalties under the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”) for engaging in a scheme to defraud the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”). [read post]
29 Apr 2011, 8:49 am
The Pennsylvania Homeowners Emergency Mortgage Assistance Program has been running along quietly and successfully since 1984 and a recent study by the New York Fed states that HEMAP is working much better than the national Home Affordable Modification Program (HAMP). [read post]
12 Mar 2009, 9:09 am
Additional asset classes under consideration include commercial mortgage-backed securities, non-agency (i.e., private label) residential mortgage-backed securities and collateralized loan and debt obligations. [read post]
31 Aug 2010, 6:29 am
The NRO suggested that this was a naïve reaction, saying it had always thought HAMP was "a backdoor bailout for banks" and federal mortgage guarantors Fannie Mae and Freddie Mac. [read post]
21 Jul 2012, 8:08 am by Mandelman
Bill was litigation director of the Federal Home Loan Bank Board, deputy director of the FSLIC, SVP and General Counsel of the Federal Home Loan Bank of San Francisco, and Senior Deputy Chief Counsel, Office of Thrift Supervision. [read post]
21 Aug 2011, 6:05 am
For many, this is the bad news because only mortgage servicers whose loans are backed by Federal Housing Administration insurance will be required to offer payment deferments to eligible homeowners. [read post]