Search for: "Federal Home Loan Mortgage Corporation ("Freddie Mac")" Results 61 - 80 of 142
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29 Dec 2011, 4:53 pm
After origination, Countrywide sold or securitized for sale the bulk of the mortgages it originated in the secondary markets either to private investors or government entities such as Fannie Mae and Freddie Mac. [read post]
22 Dec 2011, 10:45 am by SECLaw Staff
The SEC has charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal holdings of higher-risk mortgage loans, including subprime loans.Fannie Mae and Freddie Mac each… [read post]
16 Dec 2011, 4:05 pm
The Securities and Exchange Commission has charged six ex-executives of the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) with securities fraud. [read post]
16 Dec 2011, 11:57 am by William McGrath
On Friday, December 16, 2011, the SEC announced that it had entered into non-prosecution agreements with the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac") and filed charges against six of their former executives for securities fraud, alleging that "they knew and approved of misleading statements claiming the companies had… [read post]
16 Dec 2011, 8:24 am by Securites Lawprof
The SEC charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal... [read post]
5 Nov 2011, 5:55 am
The article also states that government-backed Fannie Mae and Freddie Mac loans will be excluded from the settlement. [read post]
25 Oct 2011, 7:49 am by admin
  I doubt it, and don’t call me Shirley   Last week the inspector general of the Federal Housing Finance Agency said that Freddie Mac had not pursued Bank of America aggressively for compensation for bad loans, despite warnings from a senior staff member. [read post]
24 Oct 2011, 7:59 am by admin
”   Press here for funding   Further, curious indeed is the author’s singling out Fannie Mae and Freddie Mac, since the Arizona Department of Housing Web site presents it this way:   If you have a Government issued or insured mortgage such as a VA (Veteran’s Administration), FHA (Federal Housing Administration), Fannie Mae (Federal National Mortgage Association) or Freddie Mac (Federal… [read post]
15 Oct 2011, 4:43 am by Mandelman
  It’s simple, really… I read Mandelman Matters, and in May of 2010, under the headline “Federal Reserve Bank President Says We’re In For a Long Hard Road Ahead,” I wrote an article that contained the text of a speech given by Sandra Pianalto, President and CEO of the Federal Reserve Bank of Cleveland. [read post]
10 Oct 2011, 3:56 pm
A major obstacle two getting a loan reduction through loan modification has been that the two largest mortgage guarantors, Fannie Mae and Freddie Mac, will not participate in California or elsewhere. [read post]
The AWC alleged that from at least January 2006 to August 2008, Hamsher made misrepresentations and omitted to state material facts in conversations and correspondence with dozens of customers who purchased on his recommendation the preferred securities of financial institutions, including the Federal National Mortgage Association a/k/a “Fannie Mae” (“FNMA”) and the Federal Home Loan Mortgage corporation a/k/a… [read post]
15 Sep 2011, 8:44 am by William McGrath
As discussed here, the SEC announced it had settled a case with James O'Leary, the former CFO of Beazer Homes USA under Section 304 of the Sarbanes-Oxley Act. [read post]
30 Aug 2011, 8:52 pm
One modification program is designed to help refinance mortgages insured by Freddie Mac or Fannie Mae. [read post]
1 Aug 2011, 8:21 am by admin
  – potentially turning a profit for mortgage titans Fannie Mae and Freddie Mac –   That’s naive – becoming a landlord imposes responsibilities on an owner, and being the landlord of a non-compliant property has negative value. [read post]
12 Jun 2011, 3:10 pm by Richard Posner
True, the lower the interest rates that Fannie and Freddie paid to borrow money, the riskier the mortgage loans they would agree to underwrite by buying or guaranteeing the loans, but home ownership is not promoted in any meaningful sense by the granting of mortgages to people likely to default. [read post]
3 Jun 2011, 10:06 am by Nicole Kellner-Swick
  The legislation specifically identified loans guaranteed or originated by FHA, VA, and USDA as qualified for exemption but left other products, including loans written by Fannie Mae and Freddie Mac, up to federal regulators to determine. [read post]
30 May 2011, 4:00 am by Peter A. Mahler
However, Maynard did not disclose to the limited partners that, since March 2001, he had been negotiating with the Community Preservation Corporation (CPC) to obtain a mortgage loan on the property at 5008 Broadway from the Federal Home Loan Mortgage Corporation (Freddie Mac) in the proposed amount of $1,550,000. [read post]
16 May 2011, 6:35 am by Däna Wilkinson
  HAMP is available where the mortgage in question is guaranteed by Fannie Mae or Freddie Mac, or where the lender has volunteered to participate in the program. [read post]
3 May 2011, 10:29 am by Tomassi Law Associates
Securitization dates back to the 1970s, when mortgage-backed securities were issued for the government and government-sponsored entities such as the Government National Mortgage Association (GNMA or Ginnie Mae), the Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac), and the Federal National Mortgage Association (FNMA or Fannie Mae), says Adam Meyer, CSAs CEO. [read post]