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27 Aug 2020, 1:44 pm
The move was shortly followed by a similar directive from the Federal Housing Financial Agency (FHFA), which ordered the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Company (Freddie Mac) to suspend foreclosures for at least 60 days. [read post]
2 Apr 2009, 12:28 pm
Yesterday, Defense Attorney Barry Pollack testified on behalf of the National Association of Criminal Defense Lawyers before the House Judiciary Committee hearing on "Proposals to Fight Fraud and Protect Taxpayers. [read post]
18 Feb 2021, 1:32 pm
In short, the FHA is designed to protect people from discrimination when they are buying a home, renting, obtaining a mortgage, seeking housing assistance, or engaging in other housing-related activities, which can include actions of homeowner and condominium associations. [read post]
25 Jul 2014, 12:38 pm
Two agencies that participated in the securitization of these subprime loans were the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae). [read post]
12 Sep 2013, 11:58 am
On August 7, Wells Fargo Bank, Deutsche Bank National Trust Company, and Deutsche Bank Trust Company Americas, “as trustees for hundreds of residential mortgage-backed securitization . . . trusts” filed a federal lawsuit in the Northern District of California against the City of Richmond and Mortgage Resolution Partners. [read post]
16 Jan 2014, 2:00 pm
The National Association of Realtors is reporting that our Consumer Financial Protection Bureau (CFPB) is asking for feedback on the most stressful, confusing, and problematic areas for consumers when it comes to the closing process in a home purchase. [read post]
25 Oct 2011, 10:00 am
Last month the Supreme Judicial Court (SJC) decided Federal National Mortgage Association v. [read post]
27 Feb 2014, 4:00 am
She counsels national mortgage servicers and financial institutions on compliance issues and legal risks under state and federal financial services laws and regulations. [read post]
3 May 2011, 10:29 am
Securitization dates back to the 1970s, when mortgage-backed securities were issued for the government and government-sponsored entities such as the Government National Mortgage Association (GNMA or Ginnie Mae), the Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac), and the Federal National Mortgage Association (FNMA or Fannie Mae), says Adam Meyer, CSAs CEO. [read post]
31 Aug 2017, 4:44 pm
Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), guaranteed by the United States Department of Veterans Affairs (VA), and purchased by the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) that did not meet applicable requirements, the Justice Department announced today. [read post]
11 Feb 2008, 8:39 pm
Last week, he spoke to the National Association of Mortgage Brokers and, after kissing up to the audience with bromides about how most of the mortgage banking business is honest and how blame for the current subprime mortgage mess has to be spread far and wide, he told them that the OTS was better suited than HUD to be the primary regulator to oversee a national scheme of registering and licensing mortgage originators. [read post]
25 Jun 2012, 2:40 pm
The case, Mortgage Bankers Association v. [read post]
30 Jul 2013, 4:00 am
In addition to the CFPB, the defendants included the Treasury Department, the other federal banking agencies and the SEC. [read post]
26 Oct 2010, 10:47 am
Complicating already roiled waters, the Federal Reserve yesterday got involved in the foreclosure fiasco, saying it will look into the accusations that mortgage lenders cut corners and used flawed documents to foreclose on homes. [read post]
26 Mar 2011, 6:16 am
Federal National Mortgage Association aka Fannie Mae vs Ben-Ezra & Katz, P.A. [read post]
6 Jun 2011, 11:25 am
Not surprisingly, the National Association of Consumer Bankruptcy Attorneys (NACBA) submitted its comments. [read post]
12 Jul 2009, 12:34 pm
Stevens was the past President & COO of Long & Foster Realtors; Vice President of Mortgage, Title, and Insurance Division for Longer & Foster; Executive Vice President for Wells Fargo Home Mortgage; on the Lender's Advisory Council for the Mortgage Bankers Association (MBA); on the Board of Directors of the National Association of Mortgage Brokers (NAMB); on the Board of Directors of the Real Estate Services Providers… [read post]
26 Oct 2010, 10:48 am
It also issued correspondence on October 8 to all savings associations involved in servicing residential mortgages requiring the immediate review of their actual practices associated with the execution of documents related to the foreclosure process. [read post]
5 Jun 2024, 10:52 am
October 2012: FINRA reportedly imposed a $14 million sanction on David Lerner Associates, Inc. for unfair practices regarding the sale of Apple REIT Ten and excessive markups on municipal bonds and collateralized mortgage obligations (CMOs). [read post]
25 Apr 2012, 7:00 am
The National Association of REALTORS estimates that a lapse in authorization jeopardizes an estimated 1,300 sales each day or about 40,000 mortgage closings per month. [read post]
