Search for: "- Federal Home Loan Mortgage Corporation"
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17 Jul 2008, 4:00 am
It was not my first legal job, as a law clerk at the then-named Federal Home Loan Bank Board -- which later became the Office of Thrift Supervision, in the Treasury Department -- where although I obtained unparalleled learning in how to research, analyze, and try to influence federal regulating, and interacted with some wonderful people, much of the tenor there seemed too lifeless. [read post]
12 Jul 2008, 10:36 pm
Second, it deals with the Federal Home Loan System, which was seen as less in need of drastic change.With regard to Fannie Mae and Freddie Mac, the bill establishes an independent regulator and makes the GSEs function more like private corporations. [read post]
11 Jun 2008, 8:40 am
" The judge also asked, "Parenthetically, is it possible that there is a link between the inability of homeowners to keep their mortgages current, the subsequent high default rate in home mortgage loans and the inability of many of these individuals to timely pay their credit cards accruing interest charges of 30% or more? [read post]
9 Jun 2008, 2:09 am
The offerings were collateralized with loans originated and underwritten by Countrywide Home Loans. [read post]
2 Jun 2008, 5:55 am
The number of mortgages that exceed the market value of the home, now estimated at 12 million, continues to mount. [read post]
21 May 2008, 4:50 pm
(A reverse mortgage is a loan against home equity that is repaid when the borrower moves, sells the home or dies.) [read post]
18 May 2008, 9:36 am
Because of recent underwriting changes by Fannie Mae, the federally chartered company that buys home mortgages and sells them as securities, lenders are now required to examine an association’s finances before making loans. [read post]
1 Apr 2008, 7:26 am
Fannie Mae and Freddie Mac are the two biggest home mortgage investing companies in the United States.[8] The two government-sponsored enterprises (GSEs) are privately-owned corporations authorized to make loans and loan guarantees.[9] The two giants operate in American's secondary mortgage market to ensure that mortgage bankers and other lenders have enough funds to lend to home… [read post]
19 Mar 2008, 5:22 am
Class Action Alleging Unfair Competition Law (UCL) and False Advertising Preempted by Federal Law because Class Action Claims were Premised on Alleged Violations of Truth in Lending Act (TILA) for Conduct Governed by HOLA (Home Owners’ Loan Act) and Implementing OTS Regulations Ninth Circuit Holds Plaintiffs filed a class action in California state court against E*Trade Mortgage alleging violations of the state’s Unfair Competition Law… [read post]
26 Feb 2008, 7:40 am
First, payday lenders recognize that older homeowners tend to have higher home equity. [read post]
13 Feb 2008, 12:14 am
For two years, Costanzo closed fraudulent loans for a mortgage fraud ring that federal authorities say included at least 21 people, among them builders of multimillion-dollar suburban Atlanta homes. [read post]
7 Feb 2008, 6:05 am
During the week of January 27, 2008, the New York Attorney General's Office issued subpoenas to at least a half-dozen Wall Street financial firms concerning their possible involvement in securities fraud.[3] Specifically, the subpoenas are issued under the Martin Act of 1921 in order to gather information into whether these firms intentionally disregarded warnings indicating that some of the home mortgage loans that the firms repackaged as… [read post]
1 Feb 2008, 6:42 am
The nickname of Freddie Mac belongs to the Federal Home Loan Mortgage Corporation. [read post]
22 Jan 2008, 8:20 am
The labor fund cites a March 2007 Business Week article noting that federal investigators have opened a broad criminal probe into "lending practices, some financial transactions, and other dealings" at Beazer Homes to underscore the need for additional disclosures. [read post]
22 Jan 2008, 3:19 am
Federal Laboratories Corporation et alfiled 01/10/07 1:07-cv-00273Aquascape Designs, Inc. v. [read post]
16 Jan 2008, 3:37 pm
One such institution, the Industrial Loan Corporation (ILC), exists in limited form expressly for this purpose. [read post]
15 Jan 2008, 12:36 am
Title690
S1325B
LANZA -- Creates the thirteenth judicial district consisting of the county of Richmond 689
S6521
MAZIARZ -- Makes provisions for the deaths or permanent or temporary disabilities of employees of voluntary hospitals in connection with the World Trade Center attacks 688
S6514
NOZZOLIO -- Relates to compensation, benefits and conditions of employment for certain state officers and employees who are members of the security… [read post]
14 Dec 2007, 9:29 am
The Securities and Exchange Commission has rejected a "no action" request by Beazer Homes to exclude a new proposal by the Indiana Laborers' Pension Fund that seeks a report on the company's mortgage operations and loan-default risks. [read post]
15 Nov 2007, 1:21 am
Prosecutors alleged that Sara San Martin wrote checks against the personal accounts of the late Miami maritime attorney William Huggett to pay down her home mortgage and a car loan. [read post]
12 Nov 2007, 8:31 pm
Remember, the OTS is trying to sell itself as the primary federal regulator of previously unregulated mortgage lenders. [read post]
