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14 Feb 2011, 4:19 am
After removing Stern’s office from thousands of cases, mortgage giant Fannie Mae (another interesting topic to be discussed soon) had to retain other Florida law firms. [read post]
5 Aug 2019, 4:24 pm
These considerations are prompted by the January 2021 expiration of rules in which certain mortgage loans eligible for purchase or guarantee by Freddie Mac or Fannie Mae, which do not otherwise meet the debt-to-income ratio requirements, fall under the current definition of qualified mortgage. [read post]
30 Jul 2008, 6:00 pm
The bill has a two-pronged approach: it provides guarantees and backing for Fannie Mae and Freddie Mac, two of the nation's largest mortgage security companies (which account for nearly half of the 12 trillion dollar housing industry), and it also provides relief for homeowners facing loss of homes to foreclosure by allowing them to replace their troubled loans with more stable government-backed loans. [read post]
2 Oct 2010, 9:46 am
” See “Bank of America slows foreclosures as Fannie Mae steps in. [read post]
4 Mar 2014, 11:30 am
FHFA alleged violations of federal and state securities law in connection with RMBS purchased by Fannie Mae and Freddie Mac in 2006. [read post]
25 Sep 2014, 8:24 am
FHFA, acting as conservator for Fannie Mae and Freddie Mac, alleged that HSBC made false and misleading statements in offering documents issued in connection with 19 RMBS securitizations. [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]
16 Nov 2010, 11:59 am
The law office has recently terminated more than 1/2 of its employees after loosing major contacts with three major banks, Fannie Mae, and Freddie Mac because of the "foreclosure fraud" that has been reported on recently. [read post]
25 Jan 2011, 7:46 pm
Wells Fargo said Wednesday that it won’t follow Bank of America in reaching settlements with Fannie Mae or Freddie Mac on disputed mortgages sold to the mortgage financing giants. [read post]
27 Feb 2013, 11:02 am
, How do I know if my loan is owned by Fannie Mae? [read post]
27 Feb 2013, 11:02 am
, How do I know if my loan is owned by Fannie Mae? [read post]
28 Sep 2010, 5:56 am
Read More: The Catch-22 Impact of New Fannie Mae Condominium Regulations. [read post]
24 Jan 2013, 11:16 am
Freddie Mac Told to Get After Those Deficiencies in Fall 2012 You may remember Freddie Mac from some of our posts last fall — including one discussion of the FHFA pressure being placed on Freddie Mac and Fannie Mae to go after deficiencies. [read post]
14 Apr 2012, 6:45 am
The concepts in the proposal that do not address specific Dodd-Frank requirements are consistent with servicing requirements imposed by recent mortgage servicing consent orders and/or recent requirements for servicing delinquent loans owned by or serviced on behalf of Fannie Mae or Freddie Mac (see, e.g., Federal Reserve Board Consent Orders and Fannie Mae Ann. [read post]
15 Dec 2008, 1:36 am
Fannie Mae has urged private mortgage holders to follow suit, but has met with little enthusiasm. [read post]
15 Jan 2009, 8:36 am
Now I understand why:Only about a third of U.S. mortgage debt outstanding is likely to qualify for refinancing, said Doug Duncan, chief economist of Fannie Mae. [read post]
REX MURPHY: “If America falls, it will not be from external enemies. It will be by her own hand. Th…
16 Jul 2011, 6:54 pm
.” Plus this: If there is ever a Mount Rushmore for hypocrites, the face of Democratic Congressman Barney Frank -Fannie Mae’s friend in every sordid scrape (until nothing could be hidden anymore) -should be the first to go up. [read post]
28 Jun 2019, 11:17 am
These fraudulent bankruptcies invoked the automatic stay provision of the bankruptcy code, preventing Fannie Mae and the financial institutions from conducting lawful foreclosure sales and obtaining title to the property. [read post]
16 Sep 2011, 1:44 pm
When FOX News host Sean Hannity asked Palin if campaign contributions to then-Senator Obama and other Members of Congress caused lax Congressional oversight over mortgage giants Fannie Mae and Freddie Mac, Palin replied that “even more significant [than contributions] is the role that the lobbyists play in an issue like this…. [read post]
2 Oct 2008, 3:27 pm
Republicans often accuse Democrats of resisting tighter regulation of Fannie Mae and Freddie Mac. [read post]
