Search for: "FEDERAL NATIONAL MORTGAGE ASSOCIATION"
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29 Sep 2011, 9:14 pm
WASHINGTON — The performance of first-lien mortgages serviced by large national banks and federal savings associations declined slightly during the second quarter of 2011, according to a report released today by the Office of the Comptroller of the Currency (OCC). [read post]
27 Sep 2011, 1:15 pm
Steve Linick is wrapping up his first year on the job as the first-ever inspector general of the Federal Housing Finance Agency with a bang. [read post]
25 Sep 2011, 10:59 pm
The lawyers started looking closely at everything having to do with the mortgages, their associated notes and related assignments, endorsements, documents, and anything even potentially relevant. [read post]
23 Sep 2011, 6:21 pm
Then months later, since the Federal Reserve sets the interest rates paid by banks that borrow from its discount window, r [read post]
22 Sep 2011, 11:54 pm
Ms Seabeck appeared at the National Housing Federation conference and when asked about Labour’s plans to deal with the housing crisis she replied enigmatically . [read post]
21 Sep 2011, 6:23 am
Massachusetts passed a law that went even further in August of 2010, and it's the basis of the Massachusetts Supreme Judicial Court's ruling this month in Federal National Mortgage Association v. [read post]
19 Sep 2011, 7:59 pm
This month, Quinn Emanuel filed more than a dozen of the 17 lawsuits that federal regulators brought against foreign and domestic banks, claiming they had sold nearly $200 billion in fraudulent mortgage investments to housing giants Fannie Mae and Freddie Mac. [read post]
8 Sep 2011, 7:15 am
National Guard Technician Equity Act. [read post]
7 Sep 2011, 1:23 am
Other settlements include the following: Washington Mutual, $208.5 million (refer here); Wells Fargo Mortgage Backed Securities, $125 million (refer here); National City, $168 Million (refer here); Colonial Bank, $10.5 million (refer here); and Lehman Brothers executives, $90 million (refer here). [read post]
6 Sep 2011, 1:56 am
Other subprime securities lawsuit settlements this summer included the following: Washington Mutual, $208.5 million (refer here); Wells Fargo Mortgage Backed Securities, $125 million (refer here); National City, $168 Million (refer here); Colonial Bank, $10.5 million (refer here); and Lehman Brothers executives, $90 million (refer here). [read post]
2 Sep 2011, 2:30 pm
The Wall Street Journal has just reported that the Federal Housing Finance Agency ("FHFA") has filed "lawsuits against 17 of the nation's largest banks over soured mortgage bonds, aiming to recoup billions of dollars in losses from failed investments. [read post]
1 Sep 2011, 11:44 pm
Yes we do, no you don’t … The recently quiet National Housing Federation have thrown their lavishly feathered hat into the ring with a flourish this week with comments about the current housing crisis and the government’s shocking absence of effective ideas , and criticism of the chronic undersupply of home building. [read post]
1 Sep 2011, 2:10 pm
Judge Reifurth filed 1 concurring opinion here in Federal National Mortgage Association v. [read post]
1 Sep 2011, 2:00 am
The article was written by Partners Mary Gill and Robert Long and Associate Todd Chatham. [read post]
30 Aug 2011, 8:08 pm
Review by: Ira Rheingold, Executive Director, National Association of Consumer AdvocatesThe Subprime Virus: Reckless Credit, Regulatory Failure and Next Stepsby Kathleen Engel and Patricia McCoy About a month ago, I had the privilege of testifying before a House Financial Services Subcommittee about the impact of new mortgage regulations on "Homeowners and Businesses. [read post]
29 Aug 2011, 9:26 am
The author, Cedric Ricks, is the communications associate of the National Fair Housing Alliance. [read post]
22 Aug 2011, 2:00 am
Another motivation was to improve the funding of the FDIC’s Savings Association Insurance Fund (SAIF), which insured thrift deposits. [read post]
20 Aug 2011, 5:29 pm
Looking at the way credit agencies have destroyed states' ability to rein in mortgage fraud (the Georgia statute discussed in Morgenstern's book, Reckless Endangerment) and the way that push for privatization and support for financial innovation no matter the cost to the public is now operating at the national level to push the federal government towards the same destructive policies, Hudson suggests the country is foolish to create such a platform for… [read post]
18 Aug 2011, 3:17 pm
Full disclosure: As noted in my bio, I am a member of the board of the National Association of Consumer Bankruptcy Attorneys, which supports PPD. [read post]
17 Aug 2011, 8:26 am
Mortgage Lending Practices Litigation (MDL No. 1974); and SIGG Switzerland (USA), Inc. [read post]
