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7 Aug 2013, 5:02 pm
This resulted in an $18,735,903.77 loss to Freddie Mac and Fannie Mae. [read post]
7 Aug 2013, 3:15 am
In a speech in Phoenix, President Obama outlined his vision for beleaguered mortgage giants Freddie Mac and Fannie Mae: Fannie Mae and Freddie Mac do not make loans directly, but buy mortgages from lenders, package them as bonds, guarantee them... [read post]
30 Jul 2013, 7:47 am
On July 25, the FHFA announced that it had settled its claims against UBS AG concerning mortgage-backed securities that UBS sold to Fannie Mae and Freddie Mac between 2004 and 2007. [read post]
29 Jul 2013, 7:02 am
The proposed Defending American Taxpayers from Abusive Government Takings Act would also prevent Fannie Mae and Freddie Mac from buying any home loans seized by eminent domain. [read post]
27 Jul 2013, 7:57 am
UBS sold Fannie Mae and Freddie Mac a total of over $6 billion worth of mortgage-backed securities. [read post]
15 Jul 2013, 5:44 pm
” To avoid a lengthy eviction process, mortgage lenders like Freddie Mac, Fannie Mae, and Bank of America offer legitimate tenants what is known as “Cash for Keys,” to move out of the residence by a specific date and leave the property in turnkey condition. [read post]
15 Jul 2013, 5:00 am
Allows a creditor to rely on variations from Fannie Mae or Freddie Mac standards in a written agreement between the creditor, or a direct sponsor or aggregator of the creditor, and Fannie Mae or Freddie Mac. [read post]
11 Jul 2013, 6:20 pm
Although the employer argued that it promptly corrected the vice president’s behavior by firing him three months after the incident, the court noted that a reasonable jury could find that the three-month delay was not “prompt” (Ayissi-Etoh v Fannie Mae, April 5, 2013). [read post]
11 Jul 2013, 2:07 pm
As further alleged in the Information, Coastal failed to remit some of the mortgage loan payoffs that it received from borrowers to Freddie Mac and Fannie Mae, resulting in a loss to Freddie Mac and Fannie Mae. [read post]
9 Jul 2013, 5:52 pm
In total, the scheme collected at least $4.9 million from more than 1,000 homeowners, including homeowners whose mortgages were owned by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
30 Jun 2013, 2:54 pm
Fannie Mae, Freddie Mac). [read post]
28 Jun 2013, 3:00 am
Via Huffpost: A bipartisan group of senators on Tuesday proposed an overhaul to the housing finance system that would gradually eliminate Fannie Mae and Freddie Mac, the two government-sponsored mortgage guarantee giants, and shift more mortgage and credit risk to... [read post]
27 Jun 2013, 6:28 am
It now looks like there is some movement in the United States Congress to deal with Fannie and Freddie. [read post]
26 Jun 2013, 9:45 am
Wind Down of Fannie Mae and Freddie Mac: The bill would wind down the existing portfolios of Fannie Mae and Freddie Mac by at least 15% annually until they are completely liquidated. [read post]
26 Jun 2013, 8:45 am
Wind Down of Fannie Mae and Freddie Mac: The bill would wind down the existing portfolios of Fannie Mae and Freddie Mac by at least 15% annually until they are completely liquidated. [read post]
24 Jun 2013, 3:09 pm
Shareholders of Fannie Mae and Freddie Mac will try to do so in a $41 billion class action filed against the United States in the Court of Federal Claims on June 10. [read post]
18 Jun 2013, 9:00 am
Shareholders of Fannie Mae and Freddie Mac will try to do so in a $41 billion class action filed against the United States in the Court of Federal Claims on June 10, 2013. [read post]
18 Jun 2013, 8:10 am
The indictment alleges that as a result of the conspiracy, lenders provided over $3.5 million for fraudulently obtained loans, which resulted in losses of over $1 million to the lenders, the Federal Housing Administration which insured some of the loans, and the Federal National Mortgage Corporation (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), who purchased some of the loans in the secondary mortgage market. [read post]
3 Jun 2013, 11:43 am
Prior to that, Haspel worked as a senior director at Capital One, and also held senior positions at Fannie Mae, BlackRock, GE Capital, and National Cooperative Bank. [read post]
3 Jun 2013, 10:33 am
The lawsuit related to over $3.5 billion in RMBS that Fannie Mae and Freddie Mac allegedly purchased from Citigroup. [read post]
