Search for: "Federal Mortgage Association (Fannie Mae)"
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28 Jun 2019, 11:17 am
In order to prevent the Federal National Mortgage Association (“Fannie Mae”) and multiple financial institutions holding mortgages from lawfully foreclosing on homeowners’ properties, Coburn engaged a bankruptcy fraud scheme in which he filed or caused to be filed fraudulent bankruptcy petitions in the name of the homeowner, without homeowner’s knowledge or consent, just prior to the scheduled foreclosure sale dates. [read post]
21 Nov 2012, 8:52 am
Additionally, Fannie Mae and Freddie Mac have issued significant new policies streamlining the process for short sales, through which underwater borrowers can sell their home for less than what they owe on their mortgages. [read post]
20 Mar 2008, 5:12 am
Federal Securities Class Action Satisfied Rule 23 Requirements for Class Action Treatment but Duration of Class Period must be Limited as Requested by Defense District of Columbia Federal Court Holds Several federal securities class action lawsuits were filed against various defendants Federal National Mortgage Association (Fannie Mae) and its former accountant KPMG, as well as various officers and directors of… [read post]
2 May 2012, 8:25 am
They want to phase out or at least substantially reduce the role of the Federal National Mortgage Association (Fannie Mae ) and the Federal Home Loan Mortgage Corporation (Freddie Mac ) in the residential mortgage financing industry. [read post]
4 Oct 2016, 6:25 am
Federal National Mortgage Association dba Fannie Mae, September 28, 2016, Howell, B.). [read post]
15 Dec 2014, 6:39 am
The Federal National Mortgage Association (“FNMA” or “Fannie Mae”), as of December 13, 2014, and Federal Home Loan Mortgage Corporation (“FHLMC” or “Freddie Mac”) as of March 23, 2015 will back loans with 3 percent down payments for first-time home buyers. [read post]
29 Jun 2011, 9:44 pm
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEToday the National Association of Home Builders released its own study claiming that lowering the loan limits at Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA), will reduce housing demand and place downward pressure on home prices in major housing markets. [read post]
7 Feb 2011, 5:12 am
The proposed rule would limit Fannie Mae, Freddie Mac and the Federal Home Loan Banks from investing in or purchasing mortgages for homes that are subject to private transfer fee covenants. [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… [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]
1 Oct 2007, 10:36 am
The MBS market has three big players: Federal National Mortgage Association (Fannie Mae) is a 60 year-old corporation established by an act of Congress to foster more affordable housing for low income Americans. [read post]
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]
2 May 2012, 8:25 am
” They want to phase out or at least substantially reduce the role of the Federal National Mortgage Association (Fannie Mae ) and the Federal Home Loan Mortgage Corporation (Freddie Mac ) in the residential mortgage financing industry. [read post]
10 Apr 2020, 6:00 am
Department of Veterans Affairs (VA) Fannie Mae Freddie Mac If you do not know who holds or services your mortgage, the federal Consumer Financial Protection Bureau (CFPB) has instructions on how to find out. [read post]
25 Oct 2012, 10:09 am
The Government’s Complaint seeks damages and civil penalties under the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”) for engaging in a scheme to defraud the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”). [read post]
26 Feb 2010, 10:44 pm
And one says that Fannie Mae (FNMA) needs funds. [read post]
7 Sep 2011, 11:29 am
Secondly, it is important to acknowledge the fact that Fannie and Freddie had much more information relating to the loans associated with their mortgage-backed securities than what they provided to the outside world. [read post]
11 Jan 2013, 6:51 am
● Transitional Standard—all loans eligible to be guaranteed by Fannie Mae and Freddie Mac or for Federal Housing Administration insurance will be granted QM status during a transitional period. [read post]
21 Jan 2010, 7:05 pm
It was on that day the U.S. government made the unprecedented move to place both Freddie Mac and Fannie Mae under the conservatorship of the Federal Housing Finance Agency (FHFA). [read post]
16 Jul 2018, 5:53 pm
Among other things, HERA created a new independent federal entity—the Federal Housing Finance Agency ("FHFA")—to oversee two of the nation's largest financial companies, government-chartered mainstays of the U.S. mortgage market: the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac"). [read post]
