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26 Sep 2012, 8:59 am
FNMA case, which held that a mortgage servicer may foreclosure upon a showing of proper agency and authority, I predict that the Court will ultimately hold that servicers and lenders holding rights to securitized mortgages have legal standing to start the Servicemembers Civil Relief Act proceeding, even if they merely hold a contractual right to the actual mortgage. [read post]
4 Jun 2013, 9:31 am
” Platel placed Divens’ law license on inactive status until the California Supreme Court acts on the disbarment recommendation. [read post]
8 Nov 2011, 7:08 am
FNMA In Adamson v. [read post]
25 Oct 2012, 10:09 am
Legally, the suit is based upon the False Claims Act and the Financial Institutions Reform, Recovery and Enforcement Act and it's asking not just for actual damages but for exemplary ones, too. [read post]
18 Jun 2018, 5:27 pm
.; FEDERAL NATIONAL MORTGAGE ASSOCIATION; THE REGISTERED HOLDERS OF FANNIE MAE GUARANTEED REMIC PASS-THROUGH CERTIFICATES, Fannie Mae REMIC TRUST 2008-16; FNMA AA MSTR/SUB CW BANK; LAURIE MEDER; FANNIE MAE REMIC TRUST 2008-16, Defendants-Appellees.No. 16-51010.United States Court of Appeals, Fifth Circuit.Filed June 12, 2018.Mark D. [read post]
3 Mar 2011, 5:00 am
” A “covered financial institution” includes investment advisers (as defined under section 202(a)(11) of the Investment Advisers Act), a broker-dealer registered under section 15 of the Securities Exchange Act of 1934, as well as banks, credit unions, FNMA, FHLMC and others designated by regulators, with assets of $1 billion of more. [read post]
3 Mar 2011, 5:00 am
A “covered financial institution” includes investment advisers (as defined under section 202(a)(11) of the Investment Advisers Act), a broker-dealer registered under section 15 of the Securities Exchange Act of 1934, as well as banks, credit unions, FNMA, FHLMC and others designated by regulators, with assets of $1 billion of more. [read post]
13 Apr 2012, 1:26 pm
These aggregators invariably maintain that they have somehow “verified” the alleged breach, acting in their self-appointed capacities as “judge, jury and executioner. [read post]
25 Dec 2006, 6:45 pm
The accusation: creating a "false audit" for Russian oil giant Yukos.Of course, PwC is fully defending its position, saying it acted totally in accordance with local laws and ready to defend its position in court. [read post]
13 Apr 2012, 1:26 pm
These aggregators invariably maintain that they have somehow “verified” the alleged breach, acting in their self-appointed capacities as “judge, jury and executioner.” [read post]
22 Jun 2012, 8:25 am
FNMA On Monday [read post]
29 Mar 2012, 9:28 am
As it is currently written, the standard FNMA/FHLMC Paragraph 18 due-on-sale clause does not actually require a seller to pay off a loan at the time of sale. [read post]
16 Aug 2012, 7:04 am
FNMA rulings, an issue for which I’ve been advocating for years. [read post]
23 Dec 2012, 6:46 am
The FNMA v. [read post]
21 Nov 2009, 5:04 am
Trustees owe unit owners a fiduciary obligation to get their associations in compliance with all new FHA/FNMA guidelines, in my opinion. [read post]
13 Feb 2009, 10:50 am
And where is Jimmy Carter, godfather of the Community Reinvestment Act, beloved villain of the Wall Street Journal? [read post]
22 Jun 2012, 8:55 pm
” This footnote opens the door wide open for servicers and MERS to establish that they are authorized to foreclose, and acting on behalf of, the securitized trusts who hold legal title to the mortgages. [read post]
4 Jun 2008, 3:06 am
The Dodd-Shelby compromise in the Senate that uses FNMA and FHLMC to bail out both borrowers and lenders also gets a cold shoulder from the Wapo. [read post]
4 Jan 2012, 10:39 pm
Section 5.4(c) appears to stand for a very simple and uncontroversial principle (pace FNMA v. [read post]
15 Aug 2008, 8:47 am
More on that issue will appear in next Monday's posting.Wayne directed my attention to another provision in the Housing and Economic Recovery Act of 2008, P.L. 110-289. [read post]
