Search for: "First Home Mortgage Corporation"
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10 Oct 2008, 3:18 am
Freddie Mac Preferred Stock, Series Z: On September 23, 2008, plaintiffs’ counsel filed a securities class action lawsuit in the Southern District of New York on behalf of purchasers of Federal Home Loan Mortgage Corporation’s ("Freddie Mac") November 29, 2007 offering of 8.375% Non-Cumulative Perpetual Preferred Stock, Series Z. [read post]
9 Oct 2008, 9:58 am
The Oversight Board is required to meet two weeks after the first purchase of a troubled asset by the Secretary and shall meet monthly thereafter. [read post]
8 Oct 2008, 2:16 pm
Now, I personally believe and was among the very first to suggest that a HOLC, a Homeowners Loan Corporation, could be a preferable way of unfreezing and beginning to fix our struggling mortgage market. [read post]
8 Oct 2008, 2:04 am
Protect home values by getting the government to buy bad mortgages. [read post]
6 Oct 2008, 6:00 pm
First, they only apply where the government takes a "meaningful" debt or equity position in a company. [read post]
6 Oct 2008, 5:00 pm
First, the certifications by the CEO and CFO could be expanded to require that they certify the existences and efficacy of risk standards and procedures. [read post]
6 Oct 2008, 2:16 pm
FDIC stands for "Federal Deposit INSURANCE Corporation. [read post]
2 Oct 2008, 2:56 pm
In the current foreclosure crisis, however, the bankruptcy system has been ineffective because of the special protection it gives most home mortgages. [read post]
1 Oct 2008, 8:13 pm
The rich will get to keep their mansions and their servants, and our United States government ("COUNTRY FIRST! [read post]
30 Sep 2008, 6:36 pm
Last week, the Governor signed 10 bills into law related to mortgage and housing finance regulation: SB1461 requires real estate agents to disclose their license number on all first point of contact marketing materials and property purchases beginning July 1, 2009; SB1737 authorizes the Department of Real Estate to suspend or bar a person who has committed a violation of the Real Estate Law if the suspension or bar is in the best interest of the public; AB69… [read post]
30 Sep 2008, 3:05 pm
In 1999, to continue the effort to extend the possibility of home ownership for low and moderate income earners, the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac") loosened their loan requirements, which gave birth to more adjustable rate mortgages, no documentation loans, lower down payments, etc. [read post]
29 Sep 2008, 4:35 pm
Now, I personally believe and was among the very first to suggest that a HOLC, a Homeowners Loan Corporation, could be a preferable way of unfreezing and beginning to fix our struggling mortgage market. [read post]
29 Sep 2008, 10:45 am
This so-called "collapse" was triggered by the massive defaulting and foreclosures going on with people's home mortgages. [read post]
29 Sep 2008, 2:10 am
Executive Compensation and Corporate Governance. [read post]
26 Sep 2008, 10:32 pm
Insurance for mortgage-backed securities 3. [read post]
25 Sep 2008, 9:56 pm
First, down payments. [read post]
25 Sep 2008, 6:32 pm
This is in addition to $5.1 billion for Low-Income Home Energy Assistance and $250 million for weatherization provided in the underlying amendment. [read post]
25 Sep 2008, 3:02 am
Lately, there's been whining and sniveling from some corners of the commercial banking sector about the write down of Freddie Mac and Fannie Mae preferred stock as a result of the federal takeover of those political contribution ATMs stalwarts of home mortgage finance. [read post]
24 Sep 2008, 9:59 pm
This is the approach that the Home Owners Loan Corporation took in the Great Depression, and the FDIC is already operating such work-out programs for loans held by failed banks under its control. [read post]
23 Sep 2008, 6:49 pm
First, I want to thank Bob Lawless and the rest of the Credit Slips folks for having me back yet again -- I'm getting to be like the guest who would not leave. [read post]
