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20 Aug 2020, 9:27 am by John V. Levonick
  Fannie Mae Lender Letter (LL-2020-12) states that “[i]n light of market and economic uncertainty resulting in higher risk and costs incurred by Fannie Mae, we are implementing a new [LLPA]. [read post]
2 Mar 2011, 2:00 pm by Zoe Tillman
Attorneys on both sides of a securities fraud class action against Fannie Mae sparred today over former U.S. [read post]
29 Jun 2017, 8:04 am by Steven D. Schwinn
Circuit ruled yesterday that Fannie Mae, a government-sponsored but privately-owned corporation, but now under conservatorship of an independent government agency, cannot be sued for a First Amendment violation. [read post]
22 Dec 2022, 10:48 am by Richard J. Andreano, Jr.
Following the adoption by the Federal Reserve Board of a final rule under the Adjustable Interest Rate (LIBOR) Act, Fannie Mae and Freddie Mac have announced replacement indices for their legacy London Interbank Offered Rate (LIBOR)-based loans and securities. [read post]
26 Mar 2013, 7:58 pm
Armando Granillo, 44, Huntington Beach, California, a former sales associate with Fannie Mae, was named in a federal grand jury indictment that accuses him of taking kickbacks from a real estate broker in exchange for providing him with foreclosed properties to sell on behalf of the mortgage agency. [read post]
16 Dec 2011, 8:24 am by Securites Lawprof
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]
27 Dec 2010, 11:12 am by Jeff Jeffrey
McKenna Long & Aldridge is representing the Federal National Mortgage Association, known as Fannie Mae, in a lawsuit against MWM Carver Terrace, alleging that the company, which owns an apartment community in Northeast Washington, is behind on more than $180,000... [read post]
7 Dec 2006, 5:12 am
Fannie Mae, the largest buyer of American mortgages, said Wednesday that it would reduce its earnings by $6.3 billion to correct several years of accounting problems in one of the nation's biggest financial scandals. [read post]
30 Apr 2017, 11:41 am by Christie D. Arkovich, P.A.
Fannie Mae introduced new programs on April 25, 2017 allowing student loan borrowers to refinance their student loans into their home mortgage. [read post]
24 Dec 2009, 7:27 pm by Orin Kerr
But even as the administration was making this open-ended financial commitment, Fannie Mae and Freddie Mac disclosed that they had received approval from their federal regulator to pay $42 million in Wall Street-style compensation packages to 12 top executives for 2009. [read post]
29 Apr 2011, 1:23 pm by Zoe Tillman
Fannie Mae and its auditor, KPMG, were sued after the federal agency regulating Fannie Mae found that the mortgage giant had overstated profits and failed to comply with other generally accepted accounting principles. [read post]
1 Nov 2012, 5:56 pm
The new guidelines, which go into effect November 1, 2012, will permit a homeowner with a Fannie Mae or Freddie Mac mortgage to sell their home in a short sale even if they are current on their mortgage if they have an eligible hardship. [read post]
14 Apr 2009, 4:33 am
The announcement is expected "in coming days," the source told the news service, adding that Michael Williams, Fannie Mae's chief operating officer, is expected [...] [read post]
14 Jul 2008, 5:08 pm
FANNIE MAE, FREDDIE MAC, and Crony Capitalism. [read post]
23 Jan 2024, 10:10 am by Adrian Chiang
New Lender Requirements by Fannie Mae and Freddie Mac Require Current Reserve Studies To Provide For Sufficient Funding. [read post]
18 Jul 2012, 11:37 am by Curt Cutting
The Federal National Mortgage Association, better known as Fannie Mae, cannot be liable for punitive damages so long as it remains under the conservatorship of the Federal Housing Finance Agency. [read post]
15 Nov 2018, 12:49 pm by Kenneth Hall
The post Federal appeals court rules against former Fannie Mae and Freddie Mac shareholders appeared first on JURIST - News - Legal News & Commentary. [read post]