Search for: "Fannie Mae"
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14 May 2013, 5:00 am
Prosecutors also claimed that other federally insured financial institutions were indirectly “affected” because they invested in Fannie Mae and Freddie Mac, which purportedly lost money on the mortgage-backed securities that they purchased from Bank of America and Countrywide. [read post]
13 May 2013, 12:25 pm
The government alleged that Countrywide’s mortgage origination business had defrauded Fannie Mae and Freddie Mac. [read post]
13 May 2013, 12:12 pm
Fannie Mae Letter. [read post]
13 May 2013, 8:00 am
Olson affirmed the Bureau’s past guidance that the temporary qualified mortgage inclusion of loans eligible for sale to Fannie Mae or Freddie Mac may depend on unique facts and circumstances. [read post]
9 May 2013, 10:15 am
Fannie Mae recently referenced an article by Orawin Velz, Fannie Mae’s Director of Economics, focusing on the rise of home prices on a national basis. [read post]
8 May 2013, 6:36 pm
The class members are Fannie Mae shareholders, chiefly large institutional investors and pension plans. [read post]
8 May 2013, 3:05 pm
Mel Watt (D-N.C.) to be the director of the Federal Housing Finance Agency, the conservator for the mortgage giants Fannie Mae and Freddie Mac. [read post]
7 May 2013, 1:59 pm
Fannie Mae Report. [read post]
7 May 2013, 7:53 am
Last week, two more federal district courts dismissed suits seeking to collect transfer real estate taxes from Fannie Mae, Freddie Mac, and their conservator, the Federal Housing Finance Agency. [read post]
30 Apr 2013, 4:02 pm
The program is available to those homeowners with loans owned or guaranteed by Fannie Mae or Freddie Mac. [read post]
30 Apr 2013, 6:46 am
In Ayissi-Etoh v Fannie Mae (No. 11-7127, April 5, 2013), an African-American employee was promoted to a team leader position three months after he started working for Fannie Mae. [read post]
26 Apr 2013, 6:57 am
The indictment alleges that the conspirators obtained approximately $39 million in fraudulent mortgage loans at Marina Oaks, resulting in $34 million in losses to the various lenders including Fannie Mae, which reported losses over $4.1 million to date, while Freddie Mac faces potential exposure of an additional $8.5 million. [read post]
25 Apr 2013, 1:38 pm
Whether the loan was eligible for sale to Fannie Mae or Freddie Mac would depend on the facts and circumstances. [read post]
25 Apr 2013, 7:44 am
The total loss for the 16 loans amounted to $2,440,804, including $814,730, to the Federal Home Loan Mortgage Corporation (Freddie Mac), and $757,293 to the Federal National Mortgage Association (Fannie Mae). [read post]
23 Apr 2013, 10:38 am
Employment Rates Impact Housing Recovery Says Fannie Mae Ecomonist The economy is a mishmash of lots of different things working together and the housing market in Florida doesn’t operate independently of other economic conditions. [read post]
23 Apr 2013, 1:00 am
Everyone that is, except for Fannie Mae and Freddie Mac. [read post]
22 Apr 2013, 2:41 pm
Fannie Mae and Freddie Mac were again identified as victims of the fraud. [read post]
16 Apr 2013, 12:11 pm
And banks are feeling the pressure to go after these balances: last fall, for example, the Federal Housing Finance Agency (FHFA) formally notified Fannie Mae and Freddie Mac that a more aggressive stance on collecting deficiencies on home foreclosures was being required on their home loans. [read post]
16 Apr 2013, 8:56 am
FHFA sued UBS as conservator of Fannie Mae and Freddie Mac, alleging fraud and misrepresentation in connection with the sale of $6.4 billion in RMBS. [read post]
16 Apr 2013, 8:14 am
On April 11, the FHFA announced that Fannie Mae and Freddie Mac will extend the Home Affordable Refinance Program (HARP) by two years until December 31, 2015. [read post]