Search for: "Freddie Home Loan Mortgage Corporation"
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5 Oct 2011, 3:17 pm
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]
4 Oct 2011, 8:22 am
Hamsher was accused of making false statements in connection with the sale of the Federal National Mortgage Association or andquot;Fannie Maeandquot; (andquot;FNMAandquot;) and the Federal Home Loan Mortgage corporation or andquot;Freddie Macandquot; (andquot;FMCCandquot;), and falsely represented that these preferred securities were andquot;bonds,andquot; and that upon maturity, the customers would recover their initial investment. [read post]
15 Sep 2011, 8:44 am
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]
10 Sep 2011, 8:21 pm
And you know that while corporate profits have come roaring back, smaller companies haven’t. [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
FHA is a subsidiary corporation of HUD, in effect HUD’s lending agent. [read post]
29 Jul 2011, 5:23 pm
Countrywide Home Loans, Inc., No. [read post]
12 Jun 2011, 3:10 pm
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
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
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]
23 May 2011, 5:29 am
People spend less on their homes and on themselves, corporate profits lag, layoffs continue and fewer jobs in turn create even more foreclosures. [read post]
17 May 2011, 5:42 am
- Fannie, Freddie and Ginnie Typical Deals? [read post]
16 May 2011, 6:35 am
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
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]
14 Apr 2011, 5:20 pm
The residential mortgage carve out codified in Section 941directs the SEC and the federal banking agencies to define qualified residential mortgage by taking into consideration underwriting and product features that historical loan performance data indicate result in a lower risk of default. [read post]
5 Apr 2011, 2:06 am
Freddie Mac: On March 30, 2011, Southern District of New York Judge John Keenan granted without prejudice the defendants’ motion to dismiss in the Federal Home Loan Mortgage Corp. [read post]
25 Mar 2011, 3:23 am
I add this clause to deal with this situation: The Condominium, the Unit, and the Condominium Documents (including but not limited to the Master Deed and By-Laws/Trust) shall conform to the requirements of Federal National Mortgage Association (“FNMA” or “Freddie Mac”), Federal Housing Administration (“FHA”) or Federal Home Loan Mortgage Corporation (“FHLMC”) or other secondary mortgage… [read post]
18 Mar 2011, 10:19 am
Legislation reforming the government sponsored enterprises, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), has been introduced by House Financial Services Committee Chairman Spencer Bachus (R-Ala) and Vice Chairman Jeb Hensarling (R-TX). [read post]
16 Mar 2011, 1:18 pm
Remember that Freddie Mac and Fannie Mae were publicly held corporations during the subprime mortgage meltdown, and during this time and the years leading up to it, filed disclosure documents with the SEC. [read post]
16 Mar 2011, 9:13 am
A small Reston, Virginia company -- the MERS Corporation -- claims to hold title to about half of the nation's mortgages -- roughly 60 million loans, according to The New York Times. [read post]
