Search for: "Federal Home Loan Corporation"
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28 Oct 2010, 6:50 am
The loan documents say that the lender has an option to call the loan if I transfer the title to the home. [read post]
8 Nov 2010, 3:39 am
The Federal Home Loan Mortgage Corporation – commonly known as Freddie Mac – said in its September economic outlook that existing home sales will decline more than 20 percent in the third quarter compared with the same period one year ago. [read post]
28 Dec 2017, 7:41 am
Federal Home Loan Mortgage Corporation purchased the property at a foreclosure auction in December 2012 and later assigned its rights in the property, which included a deficiency ... [read post]
7 Oct 2014, 9:40 am
The federal Housing and Urban Development Department (HUD) certifies agencies to help consumers with foreclosure prevention, loan modification, reverse mortgages and other complications that come with home ownership. [read post]
20 Aug 2012, 2:26 pm
Under the Dodd-Frank Act, mortgage loans are higher-risk if they are secured by a consumer's home and have interest rates above a certain threshold. [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]
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]
3 Jul 2014, 4:17 pm
FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages (AUD-2014-014) - 07/01/2014 “Banks that traditionally service mortgage loans backed by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (the Enterprises) have been selling the rights to service troubled loans (e.g., delinquent or in default) in bulk to new… [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]
3 Jun 2015, 10:57 am
First Horizon Home Loans Corporation is a subsidiary of First Tennessee Bank that participated in the FHA insurance program as a Direct Endorsement Lender (DEL) from January 2006 through October 2008. [read post]
26 Jul 2011, 4:29 pm
The National Credit Union Administration has filed a $629 million securities fraud lawsuit against RBS Securities, Wachovia Mortgage Loan Trust LLC, Nomura Home Equity Loan Inc., Greenwich Capital Acceptance Inc., Lares Asset Securitization Inc., IndyMac MBS Inc., and American Home Mortgage Assets LLC. [read post]
27 Mar 2012, 6:26 pm
While there have been efforts by the federal government to help borrowers with home loans that are upside down, there has been no help for borrowers that are drowning in student debt. [read post]
19 Jan 2011, 5:30 am
News outlets are reporting that the Federal Deposit Insurance Corporation (FDIC) is considering implementing stricter requirements for those mortgage-servicing companies who also own the second mortgage on the homes they service. [read post]
18 Mar 2011, 10:19 am
Legislation reforming the government sponsored enterprises, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), has been introduced by House Financial Services Committee Chairman Spencer Bachus (R-Ala) and Vice Chairman Jeb Hensarling (R-TX). [read post]
1 Dec 2011, 6:39 am
Wachoiva Mortgage Corporation financed these eight loans for about $2.5 million. [read post]
14 Nov 2020, 6:05 pm
If your business goes into debt, for example, you may not fear losing your home or personal savings. [read post]
10 Oct 2011, 3:56 pm
The Federal Housing Administration and the Veterans Administration do not allow principal reduction on their loans either. [read post]
15 Jul 2020, 9:51 am
If your business goes into debt, for example, you may not fear losing your home or personal savings. [read post]
18 Nov 2020, 6:53 am
The proposed rule would apply to Title I manufactured home loans, Title II single-family home loans, and home equity conversion mortgage loans (i.e., reverse mortgage loans). [read post]
18 May 2015, 7:49 am
On May 8, 2015, the Federal Home Loan Bank of Boston filed a stipulation of voluntary dismissal with prejudice of claims it levied against JP Morgan Chase & Co., the Bear Stearns Companies Inc., EMC Mortgage Corporation and other entities. [read post]
