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2 Apr 2015, 8:10 am by Allison Tussey
Some of the fraudulently-obtained mortgage loans were later resold in the secondary mortgage market to Freddie Mac and Fannie Mae. [read post]
1 Apr 2015, 10:59 am by Allison Tussey
Advisors to Freddie Mac on the transaction were Wells Fargo Securities, Credit Suisse and The Williams Capital Group, L.P.The post Freddie Mac Executes Largest Sale of Delinquent Loans From Its Portfolio appeared first on Mortgage Fraud Blog. [read post]
1 Apr 2015, 10:52 am by Allison Tussey
As a result of the conspiracy, lenders provided over $3.5 million for fraudulently obtained loans, which resulted in losses of almost $2.5 million to the lenders, the Federal Housing Administration which insured some of the loans, and the Federal National Mortgage Corporation (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”), who purchased some of the loans in the secondary mortgage market. [read post]
1 Apr 2015, 9:00 am by Matthew Landis
For example, if Freddy is a sole proprietor operating a barbecue stand under the assumed name “Freddy’s BBQ Joint”, the Act requires registration of this fictitious name. [read post]
1 Apr 2015, 4:30 am
. * "X Cops" (season 7, episode 12): In addition to the usual, shirtless drunks who get their moment of infamy on the Cops reality show, the perpetrators here might include a werewolf and Freddy Krueger. [read post]
24 Mar 2015, 10:12 am by Allison Tussey
Fannie Mae and Freddie Mac can become the property owners if they own the mortgage loan at the time a home is foreclosed. [read post]
23 Mar 2015, 8:07 am by David L. Ridenour
 The Progress Report describes activities Fannie Mae and Freddie Mac undertook in 2014 to further FHFA’s conservatorship goals: Maintain, Reduce, and Build. [read post]
20 Mar 2015, 12:34 pm by Kelly Phillips Erb
Today, Freddie Mac is no longer considered in crisis. [read post]
17 Mar 2015, 3:45 pm by Ed. Microjuris.com Puerto Rico
Ellos son Juan Pablo Matos (Director Asociado) y Alexandra Cruz Zayas (Directora Ejecutiva) de la Revista Jurídica y Freddy Antonio Hernández (Director Editor Jefe) y Jaime Villeta Garcia (Director Editor Asociado) de la Revista de Estudios Críticos del Derecho. [read post]
15 Mar 2015, 3:59 pm by Tammy Binford
The Fortune article mentions that hiring managers at Freddie Mac, one of the employers actively seeking neurodiversity, were coached to be open to adapting screening practices “so autistic candidates could shine. [read post]
9 Mar 2015, 9:42 am by Allison Tussey
Our office, along with our law enforcement partners, will continue to combat the fraud that victimizes troubled families, and Fannie Mae and Freddie Mac,” Federal Housing Finance Agency-Office of Inspector General Special Agent in Charge Barry McLaughlin stated. [read post]
9 Mar 2015, 8:43 am by Ryan J. Richardson
Jeb Hensarling, Director Cordray indicated that the Bureau installed the sunset provision at least in part to give Congress time to undertake substantial reform of Fannie and Freddie. [read post]
6 Mar 2015, 2:26 pm by Boris Volodarsky
On March 2, FHFA announced changes to requirements for sales of non-performing loans (NPLs) by Freddie and Fannie to reduce the number of severely delinquent loans held in their inventories and to transfer risk to the private sector. [read post]
4 Mar 2015, 3:48 pm by Allison Tussey
  Simon submitted to Tri Counties Bank and Freddie Mac false and fraudulent short-sale applications, and caused these financial institutions to approve the charge-off of funds for the short-sale of Simon’s home. [read post]
27 Feb 2015, 10:15 am by Allison Tussey
This investigation is being conducted by the Federal Bureau of Investigation and the Federal Housing Finance Agency – Office of Inspector General, which identified multiple Fannie Mae and Freddie Mac loans that went into foreclosure. [read post]
25 Feb 2015, 8:22 pm by Adam Levitin
And proponents of privatizing Fannie Mae and Freddie Mac seem to believe that there's a pool of investors ready to take on the credit risk on a $10 trillion market. [read post]
20 Feb 2015, 1:01 pm by Ed. Microjuris.com Puerto Rico
El Director Jefe de la Revista de Estudios Críticos de Derecho, y uno de los directores de la Coalición por la Educación, Freddy Hernández Martínez, explicó que dividieron el trabajo en tres equipos: educación a la comunidad, cabildeo y publicidad. [read post]
19 Feb 2015, 8:38 am by Allison Tussey
  The seller, acting on Sanchez’s advice, submitted to Tri Counties Bank and Freddie Mac false and fraudulent short-sale applications, and caused these financial institutions to approve the charge-off of funds for the short-sale of the seller’s home. [read post]
18 Feb 2015, 4:04 pm by John Jascob
The lawsuit represents the sole remaining action in a series of similar, coordinated actions brought in the Southern District of New York by FHFA against banks and related persons to recover losses experienced by government-sponsored enterprises Fannie Mae and Freddie Mac (collectively, the GSEs) from their purchases of RMBS. [read post]