Search for: "Federal Mortgage Association (Fannie Mae)" Results 121 - 140 of 407
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9 Jul 2013, 5:52 pm by Allison Tussey
In total, the scheme collected at least $4.9 million from more than 1,000 homeowners, including homeowners whose mortgages were owned by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
3 Jun 2013, 11:43 am by Michael S. Waldron
Prior to that, Haspel worked as a senior director at Capital One, and also held senior positions at Fannie Mae, BlackRock, GE Capital, and National Cooperative Bank. [read post]
8 May 2013, 6:36 pm by rhall@initiativelegal.com
The Federal National Mortgage Association, better known as Fannie Mae, and Big Four accounting firm KPMG have agreed to pay $153 million to settle a securities class action that has been litigated over the past eight years. [read post]
8 May 2013, 3:05 pm by Jean Braucher
Mel Watt (D-N.C.) to be the director of the Federal Housing Finance Agency, the conservator for the mortgage giants Fannie Mae and Freddie Mac. [read post]
30 Apr 2013, 4:02 pm by rgarcia
The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac will offer a new, simplified loan modification initiative to minimize losses and to help troubled borrowers avoid foreclosure and stay in their homes. [read post]
25 Apr 2013, 7:44 am by admin
The total loss for the 16 loans amounted to $2,440,804, including $814,730, to the Federal Home Loan Mortgage Corporation (Freddie Mac), and $757,293 to the Federal National Mortgage Association (Fannie Mae). [read post]
26 Mar 2013, 7:58 pm
Armando Granillo, 44, Huntington Beach, California, a former sales associate with Fannie Mae, was named in a federal grand jury indictment that accuses him of taking kickbacks from a real estate broker in exchange for providing him with foreclosed properties to sell on behalf of the mortgage agency. [read post]
14 Jan 2013, 8:22 am by Editorial Board
Bank of America announced on January 7 that it would pay $3.6 billion to Federal National Mortgage Association (Fannie Mae) and repurchase for $6.75 billion certain residential mortgage loans sold to Fannie Mae. [read post]
11 Jan 2013, 6:51 am by Molly Foley-Healy
  ● 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]
10 Jan 2013, 12:34 pm by ADaigle
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 Nov 2012, 8:52 am by Bryan Fears
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]
12 Nov 2012, 9:30 pm by Aimee Martin
 The new agency would replace Fannie Mae and Freddie Mac, the two mortgage finance entities linked to the housing crisis. [read post]
30 Oct 2012, 12:44 pm by Deena Shanker
The bank then took those subpar loans and sold them to Fannie Mae and Freddie Mac, the federal government’s beleaguered mortgage associations, all the while promising that the loans were in fact meeting their topnotch, high quality standards. [read post]
30 Oct 2012, 11:02 am by The Law Firm of Shein & Brandenburg
Department of Justice's complaint alleging that Countrywide Financial Corp. and the Bank of America (BOA), which purchased Countrywide in 2008, engaged in massive fraud by hiding or minimizing the problems associated with "toxic mortgage loans" that were sold to the mortgage financiers Fannie Mae and Freddie Mac. [read post]
29 Oct 2012, 10:32 am by BuckleySandler
On October 24, the United States Attorney’s Office for the Southern District of New York (SDNY) filed a $1 billion civil mortgage fraud lawsuit against a mortgage lender and a major financial institution in connection with loans sold to the government-sponsored enterprises (GSEs), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
26 Oct 2012, 10:14 am by McNabb Associates, P.C.
Fannie Mae and Freddie Mac, the two quasi-public mortgage insurers that bought warehouses of bad mortgages, are still wards of the state. [read post]
25 Oct 2012, 10:09 am by Rosa Schechter
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]