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27 Apr 2011, 10:51 am
Related coverage: ABAJournal.com: Judge Axes Foreclosure, Bans Do-Over, Holds Lawyer in Contempt; Fannie Mae Pulls Files from Firm ABAJournal.com: Layoffs of Hundreds Follow Foreclosure Firms Loss of Fannie Mae Files ABAJournal.com: Fedl Judge Says Chase Must Post $4M Surety Bond to Get Its Foreclosure Files Back From Law Firm Updated at 1:59 pm to include comment from firm and Housing Wire post information about similar litigation filed previously. [read post]
15 Feb 2011, 12:43 pm
I could point out Marc Ben-Ezra laying off 236 employees, and it's all his (former) client's fault: Ben-Ezra & Katz, in a memo released by a company spokesman, said the firm was "forced to take this action after Fannie Mae surprisingly terminated its relationship with the firm. [read post]
14 May 2013, 5:00 am
Prosecutors also claimed that other federally insured financial institutions were indirectly “affected” because they invested in Fannie Mae and Freddie Mac, which purportedly lost money on the mortgage-backed securities that they purchased from Bank of America and Countrywide. [read post]
16 Feb 2012, 7:45 pm
As anyone who hasn't lived in a cave for the last few years understands, the American taxpayers are stuck with the tab for losses at Fannie Mae and Freddie Mac. [read post]
8 Dec 2008, 8:21 pm
(Since 2004, Joffe has been advising the independent directors of Fannie Mae.) [read post]
6 Sep 2011, 12:40 pm
Inman will provide critical information for persons who own a condominium unit, as well as Realtors and Association Managers, regarding how condominiums can obtain FHA, VA and Fannie Mae certifications. [read post]
14 Mar 2012, 2:12 pm
Nearly 12 million Americans live in homes financed through Fannie Mae or Freddie Mac who owe more on their mortgage than their homes are worth. [read post]
26 Jan 2009, 1:46 am
That total -- which includes single-family to four-family homes valued at $11.5 billion and another $1.5 billion in property purchased with FHA-backed loans securitized by Ginnie Mae -- represents a 134 percent increase from a year ago, according to the latest quarterly report from the Federal Deposit Insurance Corp.Repossessions by Fannie Mae and Freddie Mac grew by nearly 25 percent from the second quarter to the third quarter of 2008, hitting 15,196 homes, according to… [read post]
18 Dec 2011, 7:53 pm
District Court for the Northern District of Illinois that the ordinance forces Fannie Mae and Freddie Mac to comply "even when the enterprises have not foreclosed upon a property and therefore do not have ownership of the property. [read post]
8 Nov 2007, 2:04 pm
” A spokesman for Cuomo’s office responded to the letter, explaining that the AG investigation “has clearly found pressure on appraisers to inflate appraisals and it is clear that many of the resulting mortgages were purchased by Fannie Mae and Freddie Mac. [read post]
2 Apr 2012, 7:50 pm
According to Fortune's Nin-Hai Tseng, that might be because Fannie Mae's servicers never put much effort into marketing this alternative or it might be because it's too difficult to qualify for Fannie Mae's program. [read post]
28 Dec 2010, 8:00 am
Much of the blame in the Minority Report for the current "bubble" is placed on Fannie Mae and Freddie Mac. [read post]
14 Feb 2022, 1:07 pm
Role of Fannie and Freddie in Mortgage Lending Fannie Mae and Freddie Mac are two governmental entities that guarantee mortgage loans for residential properties, like condominiums and homeowners’ associations. [read post]
23 Sep 2008, 3:14 pm
.: Freddie Mac/Fannie Mae, AIG and Lehman Bros. [read post]
27 Aug 2011, 8:23 am
The proponents say the plan carries little risk because the mortgages are already guaranteed by Fannie Mae and Freddie Mac. [read post]
16 Nov 2018, 1:00 pm
Nope, the "Third Amendment" in this case refers to the agreement forcing Fannie Mae and Freddie Mac to give all of their profits to the feds in exchange for keeping them solvent during the 2008 financial crisis. [read post]
16 Nov 2018, 1:00 pm
Nope, the "Third Amendment" in this case refers to the agreement forcing Fannie Mae and Freddie Mac to give all of their profits to the feds in exchange for keeping them solvent during the 2008 financial crisis. [read post]
14 Sep 2010, 10:32 am
Effective October 1, 2010, Fannie Mae will not purchase any mortgage made to a person who has engaged in a strategic default within the past seven years, and Freddie Mac is expected to follow suit. [read post]
11 Apr 2011, 9:12 pm
What would real estate financing be like without Fannie Mae and Freddie Mac? [read post]
24 Jan 2012, 8:39 am
The complaint alleges that the Ordinance is preempted by federal law and regulations governing Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation). [read post]
