Search for: "FEDERAL NATIONAL MORTGAGE ASSOCIATION"
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28 Jun 2016, 5:04 pm
Cendant Mortgage Company [SCOTUSblog backgrounder], the Court is asked to determine whether the “sue or be sued” provision of the Federal National Mortgage Association's (“Fannie Mae”) [official website] federal charter confers original jurisdiction to federal courts in all cases involving Fannie Mae. [read post]
14 Mar 2011, 4:10 pm
On March 9, 2011, Saul Ewing, LLP; Herman, Herman, Katz & Cotlar, and Sterbcow Law Group LLC, filed a lawsuit on behalf of the National Association of Mortgage Brokers (NAMB) against the Board of Governors Of The Federal Reserve System; Honorable Ben S. [read post]
9 Aug 2012, 3:00 pm
In February of this year, the nation’s five largest mortgage servicers agreed to a landmark $25 billion settlement with a coalition of state attorneys general and federal agencies. [read post]
6 Aug 2019, 5:52 am
Both national and state-by-state information can be found. [read post]
4 Nov 2011, 2:05 pm
The Associated Press has reported that the federal government sued one of the nation’s largest privately held mortgage brokers on Tuesday, saying its decade-long lending practices amounted to fraud and cost the government hundreds of millions of dollars and forced thousands of American homeowners to lose their homes. [read post]
20 Jan 2011, 11:27 am
The National Journal reports that the Federal Deposit Insurance Corp., (FDIC) has accused the banking and mortgage-lending industries of studied incompetence, saying that the nation's biggest mortgage-servicing companies helped turn the housing bust into a full-blown foreclosure crisis, "The biggest adversary has been inertia in the servicing and foreclosure practices applied to problem loans," Sheila Bair head of the FDIC said. [read post]
6 Aug 2019, 5:52 am
The purpose of the work is to provide “research-based information to all community association stakeholders–homeowners, board members, management professionals as well as attorneys, accountants, developers, mortgage lenders, federal agencies, public officials and others–all who work with the Foundation and CAI to build better communities. [read post]
6 Aug 2019, 5:52 am
The purpose of the work is to provide “research-based information to all community association stakeholders–homeowners, board members, management professionals as well as attorneys, accountants, developers, mortgage lenders, federal agencies, public officials and others–all who work with the Foundation and CAI to build better communities. [read post]
23 Dec 2008, 8:33 pm
Statistics released in a report by the National Association of Consumer Bankruptcy Attorneys show that these modification programs are themselves little more than a scam. [read post]
16 Oct 2017, 1:50 pm
Robert Pena, 68, Falmouth, Massachusetts, pled guilty in federal court in Boston in connection with defrauding the Government National Mortgage Association (Ginnie Mae) out of approximately $2.5 million. [read post]
8 Jan 2018, 11:39 am
Bank Trust National Association v. [read post]
8 Jan 2018, 11:39 am
Bank Trust National Association v. [read post]
5 Apr 2013, 8:00 am
,The CFPB announced the settlement of enforcement actions brought in federal district court in Florida against four national mortgage insurers involving allegations that the insurers paid kickbacks to mortgage lenders in violation of Section 8 of the Real Estate Settlement Procedures Act. [read post]
1 Nov 2016, 9:54 am
The issue in that case is whether the presence of the Federal National Mortgage Association, known as Fannie Mae, as a party to a lawsuit is itself sufficient to create federal jurisdiction over the suit. [read post]
9 Mar 2015, 8:36 am
The National Reserve Mortgage Lenders Association has an easy to use reserve mortgage calculator. [read post]
6 Aug 2010, 2:31 am
The mortgage market is national, with local lending institutions no longer making a significant proportion of the loans that are originated. [read post]
20 Jan 2017, 10:02 am
The Supreme Court of the United States recently held that the “sue-and-be-sued” clause in the Federal National Mortgage Association’s (“Fannie Mae”) charter does not confer subject matter jurisdiction on federal district courts over all cases involving Fannie Mae, and that an independent basis for subject matter jurisdiction must exist such as federal question or diversity. [read post]
12 Sep 2013, 12:58 pm
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 Dec 2011, 8:24 am
The SEC charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal... [read post]
24 Sep 2009, 9:49 am
Mike Anderson (President of Essential Mortgage, Louisiana Mortgage Lenders Association Past President, and the National Association of Mortgage Brokers Co-Chair of Government Affairs) testified before the Federal Reserve Board today on this issue. [read post]
