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22 Aug 2012, 2:18 pm by Robbie L. Vaughn, Esq.
The new guidelines “will permit a homeowner with a Fannie Mae or Freddie Mac mortgage [...] [read post]
21 Aug 2012, 9:48 am
One thing is for sure, however: Win or lose on the light rail vote, the two incumbents who are currently up for re-election deserve to be tossed out on their arrogant fannies come November. [read post]
21 Aug 2012, 8:00 am by Ernest E. Badway
., http://www.structuredfinancelitigation.com/files/2012/06/UBS-Interlocutory.pdf, Judge Denise Cote claimed that there was a single question as to if the FHFA may proceed with its federal securities laws’ claims against UBS regarding the sale of mortgage backed securities to Fannie Mae and Freddie Mac. [read post]
21 Aug 2012, 6:00 am
In This Issue...Man Sentenced for Using Grandma's Good Credit to Obtain Mortgages Two Indicted in Real Estate Scam Texan Sentenced for Misappropriating Escrow Funds Mortgage Fraud Ring Indicted on Federal Charges Servicer Settles Forgery Charge Man Agrees to $5M Civil Penalty for Allegedly Defrauding Homeowners, Lenders Straw Buyer Admits Tax Fraud Associated with Role in Mortgage Scam Jury Convicts 2 of Foreclosure Rescue Scheme Man Charged for Attempting to Sell Homes He Did Not Own… [read post]
20 Aug 2012, 12:50 pm by Editorial Board
  The modifications include: (i) the accelerated wind down of the retained mortgage investment portfolios at Fannie Mae and Freddie Mac; (ii) an annual taxpayer protection plan; and (iii) a full income sweep of all future Fannie Mae and Freddie Mac earnings to benefit taxpayers. [read post]
17 Aug 2012, 11:12 pm
They say that Goldman then proceeded to sell $1.1 billion of the securities to Freddie Mac and Fannie May. [read post]
17 Aug 2012, 3:49 pm by BuckleySandler
Department of Treasury announced new steps to accelerate the wind down of Fannie Mae’s and Freddie Mac’s (the GSEs) government-backed portfolios. [read post]
17 Aug 2012, 3:42 pm by BuckleySandler
This case is the first of eighteen such suits the FHFA has filed in an attempt to recoup MBS losses sustained by Fannie Mae and Freddie Mac. [read post]
17 Aug 2012, 3:39 pm by BuckleySandler
On August 15, Fannie Mae issued Servicing Guide Announcement SVC-2012-06, which amends requirements regarding custodial accounts. [read post]
16 Aug 2012, 2:10 pm by New Books Script
Prosecuting genocide, crimes against humanity and war crimes in Canadian courts / Fannie Lafontaine. [read post]
16 Aug 2012, 9:57 am by Rosa Schechter
Banks and quasi-governmental agencies like Fannie Mae and Freddie Mac have acquired huge portfolios of REO property and Build U.S. [read post]
15 Aug 2012, 9:30 pm by Brian Ryoo
 The Ryan budget would see “eventual elimination” of Fannie Mae and Freddie Mac as governmental entities, though how the privatization would occur without causing enormous turbulence in the financial market is not explained. [read post]
15 Aug 2012, 11:51 am by Michael A. Nesteroff
 As the appointed conservator of Fannie and Freddie, FHFA was charged with minimizing future financial risk to the two entities. [read post]
15 Aug 2012, 8:31 am
Some of the eligibility requirements include: You owe more than your home is worth; Your mortgage isn't guaranteed or owned by Fannie Mae or Freddie Mac; You obtained your mortgage before January 2009; The home is your primary residence; Your mortgage payments are more than 31 percent of your income before taxes; You don't have a felony conviction in the last 10 years for crimes such as larceny, fraud, theft, money laundering, tax evasion, etc. [read post]
15 Aug 2012, 5:41 am by Jenna Greene
Bad Loans: Government-owned Fannie Mae and Freddie Mac are stepping up efforts to find bad home loans that they can force mortgage lenders to buy back from them, providing an increasingly bigger headache to banks. [read post]
15 Aug 2012, 2:00 am by Kara OBrien
  Over the past few years, CEO succession issues at well-known companies such as Apple, Bank of America, Berkshire Hathaway, Best Buy, Fannie Mae, Hewlett Packard, Pfizer, and Yahoo! [read post]
15 Aug 2012, 2:00 am by Kara OBrien
  Over the past few years, CEO succession issues at well-known companies such as Apple, Bank of America, Berkshire Hathaway, Best Buy, Fannie Mae, Hewlett Packard, Pfizer, and Yahoo! [read post]
14 Aug 2012, 9:24 am by James Hamilton
Mudd, et al., 11 Civ. 09202, Aug. 10, 2012)Rather, Fannie Mae is a private corporation whose stock is listed on the exchange and is publicly traded. [read post]