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28 Oct 2012, 6:16 pm
Fannie Mae and Freddie Mac, quesi-private companies, engaged in various corrupt practices during the housing boom in order to gain added business (see the expose of these companies in “Reckless Endangerment” by Morgenson and Rossner). [read post]
26 Oct 2012, 10:14 am
These “sub-prime loans” are still on the books of some of our largest banks, Fannie Mae and Freddie Mac. [read post]
25 Oct 2012, 10:09 am
A material misrepresentation that hurt Fannie Mae and Freddie Mac which has now become part of this fraud action. [read post]
25 Oct 2012, 8:08 am
The US Attorney for the Southern District of New York issued a press release about “the first civil fraud suit brought by the Department of Justice concerning mortgage loans sold to Fannie Mae or Freddie Mac” which are government-sponsored enterprises (GSEs) and financial services corporations created by the United States Congress. [read post]
24 Oct 2012, 11:08 am
This is the first civil fraud case that the US Department of Justice has brought regarding the sale of mortgage loans to Freddie Mac or Fannie Mae. [read post]
24 Oct 2012, 7:53 am
Freddie Burton, and the two lawyers whom the Judge had appointed to administer the Estate, John Chase, Jr. and Melvin Jefferson. [read post]
23 Oct 2012, 9:30 am
Officer Freddy Romero being the cause of the accident, but after the crash Romero called Sgt. [read post]
23 Oct 2012, 8:15 am
According to the report, Fannie and Freddie were able to recover only a small fraction of the deficiencies they pursued in 2011 ($4.7 million collected against $2.1 billion in deficiencies realized). [read post]
19 Oct 2012, 12:15 pm
., and began as a project in October of 1993 when Fannie Mae, Freddie Mac, and Ginnie Mae produced a White Paper about the need for an electronic mortgage registration system. [read post]
9 Oct 2012, 11:56 am
The cornerstone of these initiatives is the Fed’s ongoing purchase of MBS issued primarily by Fannie Mae, Freddie Mac and FHA. [read post]
5 Oct 2012, 5:01 am
Freddie Mac moved to dismiss pursuant to Fed.R.Civ.P. 12(b)(6) on the ground that the patent was invalid for claiming unpatentable subject matter. [read post]
2 Oct 2012, 10:00 am
After bankruptcy, Fannie Mae and Freddie Mac will typically not approve mortgages until two to four years after a potential borrower's bankruptcy filing is discharged. [read post]
1 Oct 2012, 1:13 am
In what is by far the largest settlement of a credit crisis-related securities class action lawsuit, Bank of America has agreed to pay $2.43 billion to settle the suit filed against the company and certain of its directors and officers in connection with the bank’s financial crisis-driven acquisition of Merrill Lynch. [read post]
30 Sep 2012, 1:41 pm
In the other case, Freddie Mac had moved for summary judgment of invalidity, while Graff/Ross, the patent owner, had moved for summary judgment of validity. [read post]
26 Sep 2012, 6:00 am
It is now time for it, Freddie Mac, and the big aggregators to cease making repurchase demands on the correspondent/originators for the repurchase of legacy loans, which are typically based on similar weak grounds [read post]
24 Sep 2012, 12:37 pm
The woman's daughter, Freddie Johnson, suspected abuse at the nursing home. [read post]
22 Sep 2012, 9:17 am
Read the complete story about Freddie Ashmon, Jr. [read post]
19 Sep 2012, 8:30 am
Lack of Certainty Facing Lenders Last week, the Federal Housing Finance Agency (FHFA) announced a new “representation and warranty framework” for conventional loans sold or delivered to Fannie and Freddie after January 1, 2013. [read post]
13 Sep 2012, 7:50 pm
As Housing Wire notes, the profits MRP would make on the scheme, at the expense of the American taxpayers (who have bailed out Fannie and Freddie), are hefty. [read post]
Florida Banks: New Bauer Rankings Issued - Florida Doing Better, But Still Behind Most of the Nation
13 Sep 2012, 9:56 am
Bank of America is a huge financial prescence here in Florida and it's had it share of hits, not including the recent Freddie Mac mortgage buy-back negotiations which hit Bank of America pretty hard what with its famous (infamous?) [read post]