Search for: "FEDERAL NATIONAL MORTGAGE ASSOCIATION "
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23 Feb 2014, 7:18 am
National Mortgage News reported that the letters says, “Pending legal developments and possible further execution of the plans in questions, HUD does not know whether any new mortgage which might be created would qualify for insurance by the Federal Housing Administration. [read post]
10 Oct 2010, 8:29 am
" As Ira Rheingold, head of the National Association of Consumer Advocates, put it: Have we talked to [Obama Administration officials] about servicer incompetence? [read post]
20 Jul 2012, 1:21 pm
Second Federal Savings and Loan Association of Chicago is the 38th FDIC-insured institution to fail in the nation this year, and the fifth in Chicago. [read post]
23 Dec 2024, 7:27 pm
The entire system is de facto nationalized, buoyed by the federal government via the Federal Housing Finance Agency. [read post]
12 Mar 2009, 10:30 am
The Los Angeles region is the FBI service area with the most mortgage fraud complaints in the nation, and California ranks fourth in suspected mortgage fraud per capita. [read post]
7 Jan 2012, 7:22 pm
I had the privilege today of hearing Federal Reserve Board Governor Sarah Bloom Raskin deliver the keynote address to the Section on Financial Institutions at the American Association of Law Schools Annual Meeting. [read post]
10 Jan 2019, 1:09 pm
The US Court of Appeals for the Ninth Circuit ruled Wednesday that the Federal National Mortgage Association (Fannie Mae) does not qualify as a “consumer reporting agency” as defined in the Fair Credit Reporting Act (FCRA), and therefore cannot be sued for misreporting that an Arizona couple had a prior foreclosure. [read post]
3 Nov 2014, 7:14 pm
The petition of the day is: Federal National Mortgage Association v. [read post]
12 Mar 2007, 2:27 pm
The Mortgage Bankers Association, National Association of Mortgage Brokers, National Association of Home Builders and the National Association of Realtors have to take responsibility for their roles as does the SEC, Fitch, Standard &Poors and Moodys for hyping the investments that were build on air.These are strong words but as the great English statesman, Edmund Burke once said: "The only thing necessary… [read post]
3 Mar 2008, 3:19 am
It is absolutely critical to use a lender who follows the code of conduct set out by the National Reverse Mortgage Lenders Association [www.nrmla.org]_____________The March 2, 2008 issue of the New York Times had a front-page story concerning the very real risks of taking a reverse mortgage. [read post]
15 Jun 2022, 11:32 am
Banks – i.e., Financial Services Organizations (FSOs) — have been warned, as well, by the American Bar Association. [read post]
24 Feb 2015, 11:28 am
She is a member of the State Bar of Michigan, the Federal Bar Association, the Oakland County Bar Association, the American Bankruptcy Institute, and the National Association of [...] [read post]
11 Oct 2018, 7:49 am
Mortgage fraud is considered a serious crime in every state in the nation. [read post]
11 Oct 2018, 7:49 am
Mortgage fraud is considered a serious crime in every state in the nation. [read post]
27 Dec 2010, 11:12 am
McKenna Long & Aldridge is representing the Federal National Mortgage Association, known as Fannie Mae, in a lawsuit against MWM Carver Terrace, alleging that the company, which owns an apartment community in Northeast Washington, is behind on more than $180,000... [read post]
30 Jan 2014, 7:33 pm
Federal National Mortgage Association that Fannie Mae and Freddie Mac enjoy statutory immunity certain state and local taxes--and that this congressionally granted... [read post]
13 Feb 2014, 1:36 pm
February 12, 2014, FHFA Oversight of Enterprise Handling of Aged Repurchase Demands “Why OIG Did This Report: “Various entities such as banks often sell mortgage loans to two Government Sponsored Enterprises – the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac); taxpayers invested heavily to keep these enterprises afloat during the recent… [read post]
14 Aug 2008, 10:05 pm
The Federal Reserve recently adopted provisions prohibiting mortgage brokers from coercing, influencing, or otherwise encouraging an appraiser to provide a misstated appraisal in connection with a mortgage loan. [read post]
26 Nov 2016, 7:30 am
The Federal Communications Commission recently denied the national Mortgage Bankers Association’s petition for exemption from the “prior express consent” requirement of the Telephone Consumer Protection Act for certain mortgage servicing calls and texts. [read post]
24 Aug 2006, 11:44 am
[JURIST] Government-sponsored mortgage dealer Fannie Mae [Federal National Mortgage Association website] announced Thursday that the US Department of Justice (DOJ) has discontinued its two-year investigation [press release] into alleged accounting violations, though criminal prosecutions could still be brought against individual employees. [read post]
