Search for: "FEDERAL NATIONAL MORTGAGE ASSOCIATION"
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23 Jan 2010, 8:20 pm
It’s only been a few days since I returned home from speaking at a conference held by the American Bar Association Consumer Financial Services Committee held in Park City, Utah. [read post]
15 Jan 2010, 10:43 am
CAI and its members, he says, must be vigilant in watching the legislation on the state and federal level. [read post]
14 Jan 2010, 9:00 pm
X, this is straightforward, with little complexity, assuming there are no mortgages, no “non-like-kind” property is involved, and no other unusual circumstances exist. [read post]
14 Jan 2010, 12:20 pm
Unfortunately, meaningful reform has already been watered down by special interest groups and lobbyists associated with Wall Street. [read post]
13 Jan 2010, 5:39 am
Federally related mortgages are those: (a) insured, regulated, guaranteed, supplemented or assisted by the federal government or; (b) intended to be sold to the Federal National Mortgage Association, the Government National Mortgage Association or the Federal Home Loan Mortgage Corporation. [read post]
8 Jan 2010, 7:00 am
The article consults industry experts including economists and a professor for the Mortgage Bankers Association for predictions on foreclosures, recovery signs, federal action and more. [read post]
7 Jan 2010, 6:19 am
-style trust preferred securities and other innovative capital elements that are effectively cumulative; the instrument cannot have a credit sensitive dividend feature; cancellation of distributions/payments must not impose restrictions on the bank except in relation to distributions to common stockholders; the instrument cannot contribute to liabilities exceeding assets if such a balance sheet test forms part of national insolvency law; instruments classified as liabilities must have… [read post]
1 Jan 2010, 4:08 am
It will be interesting to see what develops in this case where we have alleged fraud (related to a loan modification) and wrongful foreclosure against Deutsche Bank National Trust and the servicer American Home Mortgage Servicing, Inc. [read post]
31 Dec 2009, 6:21 pm
Well, we can summarize four type of owners of mortgage notes: -the originator (the rarest of cases), -a securitized trust (known as a REMIC), -Fannie Mae (Federal National Mortgage Association) -or Freddie Mac (Federal Home Loan Mortgage Corporation). [read post]
24 Dec 2009, 6:31 am
Chapter 3 offers a more detailed discussion than the first chapter of problems associated with the depressed housing market. [read post]
19 Dec 2009, 4:03 pm
The National Conference of Bar Examiners has created a Uniform Bar Exam. [read post]
17 Dec 2009, 6:33 am
The plaintiffs in the case alleged that the defendants, current and former directors of Citigroup, had breached their fiduciary duties by not properly monitoring and managing the business risks that Citigroup faced from subprime mortgages and securities, and by ignoring alleged “red flags” that consisted primarily of press reports and events indicating worsening conditions in the subprime and credit markets. [read post]
17 Dec 2009, 3:00 am
The other provisions that are worrisome deal with jurisdictional issues--ability of national banks to establish state branches in competition with local banks and to have federal law preempt state banking regulation. [read post]
16 Dec 2009, 6:22 am
When Congress was considering the Fraud Enforcement and Recovery Act earlier this year, the National Association of Criminal Defense Lawyers and the Federalist Societyâ€"organizations on opposite ends of the ideological spectrum but joined at the hip in battling unfair and excessive federal prosecutionsâ€"authored a joint letter (PDF) to the Senate Judiciary Committee, pointing out that virtually all criminal provisions then under… [read post]
13 Dec 2009, 5:22 pm
It's to be found in the power of a federal bankruptcy judge.No one has seen more foreclosures, or the impact they cause, than the judges who sit on the nation's bankruptcy courts every day.On December 11 Rep. [read post]
11 Dec 2009, 3:13 pm
That article went on to report that: …more than 13% of the nation’s mortgage holders were delinquent on their mortgages or in the process of having their homes repossessed during the second quarter this year. [read post]
11 Dec 2009, 11:38 am
Securitization The legislation reforms the process of securitization by, primarily, requiring companies that sell products like mortgage-backed securities to retain a portion of the risk to ensure that they will not sell garbage to investors, because they have to keep some of it for themselves. [read post]
3 Dec 2009, 12:13 am
Former Solicitor General Feels Senators' Wrath Over Supreme Court's 'Iqbal' Ruling The National Law Journal Democratic senators have for months accused the U.S. [read post]
30 Nov 2009, 9:45 am
According to Federal Reserve data, IndyMac approved the fourth-highest number of home mortgage loans out of 440 lenders, with 3,893 in 2007. [read post]
30 Nov 2009, 9:41 am
 After all, Fannie Mae and Freddie Mae stood as the nation’s mortgage giants. [read post]
