Search for: "Federal Home Loan Company"
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2 Mar 2012, 5:38 am
Federal National Mortgage Association, also known as Fannie Mae, are two documents borrowers sign to get a home loan. [read post]
17 Aug 2009, 6:04 am
The company is the 12th-largest U.S. mortgage originator and makes most of its home loans through independent brokers and smaller mortgage banks. [read post]
13 Sep 2012, 1:04 pm
As a result of the scheme allegedly run out of 21st Century Real Estate Investment Corp. and several related companies, more than 4,000 financially distressed homeowners lost at least $7 million in fees they paid to the company, and many homeowners lost their homes to foreclosure. [read post]
13 Sep 2012, 1:04 pm
As a result of the scheme allegedly run out of 21st Century Real Estate Investment Corp. and several related companies, more than 4,000 financially distressed homeowners lost at least $7 million in fees they paid to the company, and many homeowners lost their homes to foreclosure. [read post]
27 Jun 2014, 1:01 pm
Question: how long can it take to get a loan modification from a mortgage company? [read post]
27 Jun 2014, 1:01 pm
Question: how long can it take to get a loan modification from a mortgage company? [read post]
23 Mar 2017, 7:22 am
Now, home loans get sold to someone else the moment the deal closes. [read post]
6 Apr 2021, 10:58 am
It Offers a Federal Loan That May Not Have to be Paid Back The PPP was designed by lawmakers to allow the SBA to help small businesses hard hit by the COVID-19 Quarantines and Stay-at-Home Orders, where many were forced to close their doors or limit their operations. [read post]
22 Nov 2022, 9:46 am
” The final rule applies to Title I manufactured home loans, Title II single-family home loans, and HECM loans. [read post]
5 May 2009, 6:31 am
As Santa Ana loan modification lawyers, we are delighted to see that federal and state regulators take this threat seriously. [read post]
28 Jul 2009, 11:33 am
Called by a letter that the New York Times called an ultimatum, the meeting is intended to discuss problems with the Making Home Affordable loan modification plan. [read post]
5 Mar 2009, 7:00 am
Fannie Mae and sibling company Freddie Mac were seized by federal regulators last fall. [read post]
3 Jan 2010, 4:52 pm
There are a number of factors to qualifying for help under HAMP, but the following five requirements must be met before even starting the discussion: You must be the primary resident of the home (i.e., not available for rental property loans); Your mortgage payment is more than 31% of your monthly pre-tax earnings; Your loan amount is less than $729,750; You are unable to afford your current mortgage payment; and Your loan servicer (i.e., the… [read post]
6 May 2013, 6:51 am
Although the business’ name and website closely resemble that of the federal government’s Making Home Affordable program, Making Home Affordable USA is not associated with the federal government. [read post]
20 Oct 2010, 6:34 am
The criminal investigation, still in its early days, is focused on whether companies misled federal housing agencies that now insure a large share of U.S. home loans or committed wire or mail fraud in filing false paperwork. [read post]
14 Oct 2014, 11:03 am
On October 9, the Federal Reserve Board released answers to frequently asked questions regarding the competitive review process for bank acquisitions, mergers, and other transactions under the Bank Holding Company Act, the Bank Merger Act and the Home Owners’ Loan Act. [read post]
22 Dec 2011, 10:45 am
The SEC has 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 holdings of higher-risk mortgage loans, including subprime loans.Fannie Mae and Freddie Mac each entered into a Non-Prosecution Agreement with the Commission… [read post]
18 May 2009, 6:33 am
Borrowers have many rights under state and federal law, including the right to full disclosure of loan terms. [read post]
20 Nov 2012, 2:05 pm
Five more banks and mortgage companies have agreed to pay the federal government a total of $116.7 million to settle a whistleblower lawsuit that alleged the banks illegally charged veterans hidden fees on refinanced home loans backed by the Veterans Administration. [read post]
4 Nov 2020, 1:44 pm
The report notes that total student loan debt is now $1.677 trillion and is second only to home mortgages in outstanding household debt. [read post]
