Search for: "FEDERAL HOUSING FINANCE AGENCY, Conservator of Federal Home Loan Mortgage Corporation"
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19 Mar 2013, 10:16 am
On March 8, the Federal Housing Finance Agency (FHFA), acting as conservator for the Federal Home Loan Mortgage Corporation (Freddie Mac) commenced litigation in the Supreme Court of the State of New York against Decision One Mortgage Company, LLC (Decision One), and HSBC Finance Corporation (HSBC) (as an alleged successor in interest). [read post]
6 Sep 2011, 10:37 am
The Federal Housing Finance Agency (FHFA) was created by Congress in 2008 as an independent federal agency that took over the duties of several parts of the U.S. [read post]
10 Jun 2019, 2:05 pm
On June 3, the Federal Housing Finance Agency (FHFA), as conservator for the Federal Home Loan Mortgage Corporation (Freddie Mac), filed a lawsuit in the United States District Court for the Southern District of New York against Wells Fargo Securities, LLC (Wells Fargo) (as successor to Wachovia Capital Markets, LLC (Wachovia)), alleging a violation of Section 11 of the Securities Act. [read post]
13 Feb 2014, 1:36 pm
The Federal Housing Finance Agency (FHFA or Agency) oversees the Enterprises as their regulator and conservator, which includes ensuring that loans they purchase are underwritten and serviced effectively and performing a later review to determine if their selling and servicing standards are being met. [read post]
16 Jul 2018, 5:53 pm
Among other things, HERA created a new independent federal entity—the Federal Housing Finance Agency ("FHFA")—to oversee two of the nation's largest financial companies, government-chartered mainstays of the U.S. mortgage market: the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie… [read post]
16 Dec 2011, 11:57 am
Treasury, the role of the Federal Housing Finance Agency as conservator of each company, and the costs that may be imposed on US taxpayers. [read post]
15 Aug 2012, 11:51 am
But the very popularity of PACE ran headlong into the FHFA, which oversees the Federal National Mortgage Association (“Fannie”) and the Federal Home Loan Mortgage Corporation (“Freddie”), the two government-sponsored entities that guarantee the majority of home mortgages in the U.S. [read post]
11 Feb 2007, 6:52 am
The loan: (A) Is made in whole or in part by any lender that is either regulated by or whose deposits or accounts are insured by any agency of the Federal Government; (B) Is made in whole or in part, or is insured, guaranteed, supplemented, or assisted in any way: (1) By the Secretary or any other officer or agency of the Federal Government; or (2) Under or in connection with a housing or urban development program administered… [read post]
4 Sep 2012, 12:51 pm
The first suit, filed by the Federal Housing Finance Agency as conservator for the Federal Home Loan Mortgage Corporation, seeks to enforce DBSP’s alleged contractual obligation to repurchase loans from the Trust where representations and warranties have been breached. [read post]
21 Feb 2017, 1:58 pm
Under the Recovery Act, the Federal Housing Finance Agency (“FHFA”) became the conservator of Fannie Mae and Freddie Mac. [read post]
13 Jan 2021, 7:21 am
Front and center were the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
29 Dec 2010, 9:20 am
A top official at the Federal Housing Finance Agency, which oversees Fannie Mae, said recently that he plans to cancel the program after a contract between Fannie Mae and finance agencies — including MassHousing — expires in March. [read post]
21 Jan 2022, 3:00 am
Ted Cruz in a challenge he brought to a provision of campaign finance law limiting the repayment of federal candidates’ loans to their campaigns. [read post]
29 Apr 2022, 4:00 am
Supreme Court justices and federal judges to tougher disclosure requirements for their financial holdings and stock trades passed the House in a rare show of bipartisanship. [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]
24 Oct 2011, 7:59 am
DeMarco, who as acting director of the Federal Housing Finance Agency oversees Fannie and Freddie. [read post]
14 Dec 2006, 1:21 am
Patrick Leahy Before the Georgetown University Law Center Remarks entitled, "Ensuring Liberty And Security Through Checks And Balances: A Fresh Start For The Senate Judiciary Committee" HOUSING12/13/2006
Letter to Federal Home Loan Mortgage Officer Chairman and CEO Richard From OFHEO Director Lockhart (PDF 1.46 MB) Letter requests that Freddie Mac take action to implement the OFHEO's Interagency Guidance on Nontraditional… [read post]
15 Sep 2011, 8:44 am
As discussed here, the SEC announced it had settled a case with James O'Leary, the former CFO of Beazer Homes USA under Section 304 of the Sarbanes-Oxley Act. [read post]
9 Dec 2020, 3:00 am
Background The Federal National Mortgage Association, also known by the nickname Fannie Mae, and the Federal Home Loan Mortgage Corporation, known as Freddie Mac, are publicly traded companies created by Congress with private shareholders. [read post]
8 May 2020, 3:00 am
Should News Organizations Take Coronavirus Bailout Loans? [read post]
