Search for: "The Federal Home Loan Mortgage Corporation"
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5 Apr 2009, 1:26 pm
Federal Regulatory Probes The SEC has more than 50 subprime-related investigations underway, including of lenders, investment banks, underwriters, retail and institutional sellers of subprime loans, and home builders and insurers.[11] The SEC has formed a “Subprime Task Force” to focus on these investigations. [read post]
23 Mar 2009, 4:30 am
Rafael's suit also asserted derivative claims on EB 110's behalf against D&R and Dennis arising out of inter-company loans, shortfalls of rental payments and for reimbursements of tax and/or mortgage payments. [read post]
23 Mar 2009, 1:15 am
" The second is the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. [read post]
21 Mar 2009, 3:01 pm
AIG/United Guaranty Corporation is partially owned by (80%) and was bailed out ($173 billion) by the federal government and Countrywide and Bank of America were also bailed out by the federal government. [read post]
11 Mar 2009, 2:22 am
The frenzy to supply investors with more certificates also encouraged the guaranty companies to assume borrowers’ loan fees and offer bonuses to brokers for mortgages. [read post]
27 Feb 2009, 3:44 am
This can prevent a less educated person from becoming a victim and is a good deed.The FTC partners involved in providing this information include the AARP, the Comptroller of the Currency, the Consumer Federation of America, the Council of Better Business Bureaus, the Federal Citizen’s Information Center, the Federal Communications Commission, the Federal Deposit Insurance Corporation, the Federal Trade Commission, the National Association… [read post]
16 Feb 2009, 2:01 am
It is unclear from the Award what preclusive or superseding effect the Award might have on the separate federal court lawsuit ST Microelectronics filed against the Credit Suisse corporate parent. [read post]
14 Feb 2009, 11:56 am
Federal Rule of Civil Procedure 23–An Overview Federal Rule of Civil Procedure 23 governs class action practice in federal court. [read post]
5 Feb 2009, 1:39 am
The initial cases during 2007 were largely filed against subprime loan originators, banks, mortgages companies, home builders and residential real estate investment trusts. [read post]
27 Jan 2009, 1:58 am
The federal court subsequently denied the plaintiffs' motion to have the case remanded to state court, in this case on the relatively narrow and specific ground that that one of the entities that originated the underlying mortgages, American Home Mortgage Corporation, is in bankruptcy in the federal court in Delaware, and the securities case is related to the bankruptcy proceeding. [read post]
26 Jan 2009, 4:24 pm
Fannie Mae, the largest source of home-loan money in the U.S., said it will need to tap as much as $16 billion in emergency funds from the U.S. [read post]
19 Jan 2009, 5:19 am
The case was brought by New York Attorney General Andrew Cuomo, who is investigating "whether minorities were being charged higher interest rates on home mortgage loans, a practice that is prohibited under various state and federal laws. [read post]
17 Jan 2009, 3:52 pm
The loan corporation assumed one-sixth of all home mortgages in the United States, and soon made home ownership a goal to which most Americans could aspire. [read post]
13 Jan 2009, 2:05 pm
Mortgages generally contain "Due on Sale" clauses, which say that the lender can call the mortgage due upon transfer of property. [read post]
7 Jan 2009, 12:18 am
The culprits in the government include an administration that extended the Community Reinvestment Act and the Home Mortgage Disclosure Act, the Department of Housing and Urban Development, the Federal Housing Administration, and Fannie Mae and Freddie Mac. [read post]
29 Dec 2008, 12:42 am
He noted that home mortgage interest rates were low, that unemployment was low, and that tax receipts were at a record high. [read post]
10 Dec 2008, 7:52 pm
" This is precisely the kind of corporate behavior that led to the passage of the federal WARN Act (and subsequent state versions). [read post]
8 Dec 2008, 12:33 am
The greatest blame lies with financial institutions, mortgage brokers, realtors, home builders, state and federal regulators, and home buyers. [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]
14 Nov 2008, 8:30 pm
While you don't have to be behind on your payments to participate in this program, it does require your mortgage owner to voluntarily cash out the current loan at something short of your home's current appraised market value (just how short will likely range between 3% and 10%, due to amendments included in the bailout bill). [read post]
