Search for: "Federal National Loan Mortgage"
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9 Dec 2015, 9:32 am
The webinar is hosted by the American Banker and National Mortgage News. [read post]
8 Dec 2016, 8:33 pm
Federal court means federal punishments. [read post]
13 Mar 2012, 8:22 am
[JURIST] The US Department of Justice (DOJ), the Department of Housing and Urban Development (HUD) [official websites] and 49 state attorneys general on Monday filed in federal court a proposed $25 billion settlement agreement [official website] with the nation's five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses. [read post]
9 Jan 2015, 9:19 am
This scheme resulted in losses to mortgage lenders, including The Federal National Mortgage Association (Fannie Mae) and The Federal Home Loan Mortgage Corporation (Freddie Mac). [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]
14 Apr 2011, 12:15 am
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEWASHINGTON — Could the federal governments booming FHA mortgage program be forcing homeowners to pay tens of millions of dollars of extra interest charges when they sell their houses or refinance their loans? [read post]
19 Dec 2013, 11:05 am
FisherThe Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, the National Credit Union Administration, and the Office of the Comptroller of the Currency (the “Prudential Regulators”) have issued an Interagency Statement on Supervisory Approach for Qualified and Non-Qualified Mortgage Loans (the “Interagency Statement”). [read post]
15 Apr 2024, 5:45 am
Additional Resources: Consumer Financial Protection Bureau (CFPB) Federal Housing Administration (FHA) National Reverse Mortgage Lenders Association (NRMLA) Conclusion: Reverse mortgages can be a valuable tool for some homeowners, but they should not be entered into lightly. [read post]
18 Sep 2012, 7:38 am
This is often referred to as the "National Mortgage Settlement." [read post]
9 Feb 2012, 10:11 am
[JURIST] US Attorney General Eric Holder, along with Department of Housing and Urban Development Secretary Shaun Donovan [official websites] and 49 state attorneys general announced [press release; official website] Thursday that a $25 billion agreement was reached with the nation's five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses. [read post]
10 Jun 2015, 7:47 am
”The post 3 Convicted by Federal Jury of Offering Bogus Loan Modifications appeared first on Mortgage Fraud Blog. [read post]
19 Apr 2012, 4:36 pm
A recently released federal report says distressed homeowners in the United States were more likely to stay in their residences after their mortgages were modified. [read post]
19 Jun 2017, 1:49 pm
Now it’s gone main-stream and is being used to service your mortgage. [read post]
22 Feb 2010, 5:23 am
Federal statistics on loan modifications under the Home Affordable Modification Program have not been encouraging. [read post]
19 Aug 2016, 4:25 pm
There is no guarantee that you will receive assistance from a given creditor, but you may rest assured you will not receive assistance if you don’t apply for it. _________________________________________________________ [1] The Federal Home Loan Mortgage Corporation (“Freddie Mac”) and the Federal National Mortgage Association (“Fannie Mae”) are government-sponsored entities which together own or guarantee payment on… [read post]
1 May 2015, 10:09 am
But unlike federal loans, private loans have a limited period to collect the debt. [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]
5 Nov 2009, 1:07 am
There are currently mortgage fraud-related charges pending against approximately 500 defendants in federal mortgage fraud cases around the nation. [read post]
2 Feb 2011, 9:08 am
The problem that the Small Business Administration, National Association of Mortgage Brokers (NAMB), and others have with the Loan Officer Compensation Rule is the language included in the rule harms mortgage companies who do not have a warehouse line unfairly. [read post]
18 Jun 2010, 12:04 pm
The federal government is once again attacking the mortgage fraud problem that brought this nation's economy to its knees. [read post]
