Search for: "FEDERAL NATIONAL MORTGAGE ASSOCIATION"
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23 Dec 2011, 8:56 am
Federal officials charged Countrywide engaged in discriminatory mortgage lending practices against more than 200,000 qualified African-American and Hispanic borrowers from 2004 through 2008. [read post]
23 Dec 2011, 6:55 am
Bank National Association v. [read post]
22 Dec 2011, 10:45 am
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 entered into a Non-Prosecution Agreement with the… [read post]
20 Dec 2011, 6:45 am
CAI National published the following report: "The Congress has opted to increase fees for Fannie Mae, Freddie Mac and FHA to pay for a reduction in the payroll tax. [read post]
19 Dec 2011, 9:25 am
— constitutionality of individual insurance mandate in Affordable Care Act (2 hours for argument) Wed., March 28: 11-393 (National Federation of Independent Business v. [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
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 minimal holdings of higher-risk… [read post]
16 Dec 2011, 8:24 am
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]
15 Dec 2011, 9:26 am
Like a Federal Reserve chairman, MacEwen takes a measured view of the situation. [read post]
14 Dec 2011, 6:38 pm
As a National Bureau of Economic Research study found, about 25 percent of Americans could not come up with $2,000 in a 30-day period. [read post]
14 Dec 2011, 2:46 pm
Background In the current economic environment, national banks and federal savings associations (collectively, banks) are facing challenges resulting from unprecedented numbers of troubled residential mortgage loans. [read post]
13 Dec 2011, 11:02 pm
This year, Arizona came in #3 in the nation for declines in property values at 8.1%. [read post]
12 Dec 2011, 2:00 am
In response to the 2007-2008 financial and mortgage crisis that swept the nation, the U.S. government passed legislation establishing the Troubled Asset Relief Program (“TARP”). [read post]
8 Dec 2011, 10:48 am
Federal National Mortgage Association v. [read post]
7 Dec 2011, 6:32 pm
Furthermore, the lawsuit only indirectly affects the activities of any federal savings association. [read post]
7 Dec 2011, 3:56 am
She has extensive experience in Federal, state and local government finance programs for the construction, refinancing and restructuring of multifamily rental housing, involving tax-exempt bond financing, low-income housing tax credit syndication, secondary mortgage market securitized transactions involving Ginnie Mae mortgage-backed securities, FHA multifamily mortgage insurance, Section 236 ”decoupling” transactions, HOPE VI… [read post]
6 Dec 2011, 10:16 am
We have concluded that there is no federal regulatory or statutory requirement that would require an association to waive its priority assessment lien rights under Colorado Law to obtain an FHA or VA backed mortgage. [read post]
2 Dec 2011, 1:27 pm
” Yale likened the due diligence failures of firms that sold these private placements to the failures of large banks to perform due diligence on bad mortgage backed securities that led to the mortgage crisis. [read post]
1 Dec 2011, 12:56 pm
The lawsuit said it sought “to hold multiple banks accountable for their rampant violations of Massachusetts law and associated unfair and deceptive conduct amidst the foreclosure crisis that has gripped Massachusetts and the nation since 2007. [read post]
30 Nov 2011, 2:15 pm
Okay, so here’s the next installment of Mandelman’s Monthly Museletter, which I’ve decided I post whenever there are a bunch of things going on that need to be put into proper perspective, but there’s just no way I can write individual articles on each because to do so presents a serious health risk. [read post]
