Search for: "Federal Home Loan Corporation"
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13 Feb 2014, 1:36 pm
February 12, 2014, FHFA Oversight of Enterprise Handling of Aged Repurchase Demands “Why OIG Did This Report: “Various entities such as banks often sell mortgage loans to two Government Sponsored Enterprises – the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac); taxpayers invested heavily to keep these enterprises afloat during the recent housing crisis… [read post]
23 Jun 2023, 8:54 am
Stricter Rules Could be Coming for Banks with Over $100B in Assets The heads of the Federal Deposit Insurance Corporation and the Federal Reserve said last week that bank regulators are considering applying a set of tougher capital rules to banks that have over $100 billion in assets. [read post]
23 Jun 2023, 5:54 am
Stricter Rules Could be Coming for Banks with Over $100B in Assets The heads of the Federal Deposit Insurance Corporation and the Federal Reserve said last week that bank regulators are considering applying a set of tougher capital rules to banks that have over $100 billion in assets. [read post]
16 Dec 2011, 11:57 am
On Friday, December 16, 2011, the SEC announced that it had entered into non-prosecution agreements with the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac") and filed charges against six of their former executives for securities fraud, alleging that "they knew and approved of misleading statements claiming the companies had minimal holdings of higher-risk mortgage… [read post]
19 Aug 2016, 4:25 pm
The Federal Housing Administration (FHA) is a government agency which insures millions of home loans. [read post]
3 Sep 2019, 1:49 pm
We also alleged that Wells Fargo violated the federal Truth in Lending Act, which requires lenders and creditors to disclose key terms, conditions, and costs of borrowing money when entering into consumer loan. [read post]
21 Nov 2011, 1:15 pm
One of the nation’s largest privately held mortgage companies, Allied Home Mortgage Corporation (Allied), and two of its top executives, CEO Jim Hodge and Executive VP Jeanne Stell, are facing scrutiny for providing false loan certifications to the Department of Housing and Urban Development (HUD). [read post]
7 Oct 2010, 7:03 am
Wells Fargo Agreement.pdf Graph 1.pdf Graph 2.pdf Audio Wells Fargo-10-06-2010.mp3 Related posts:Arizona Attorney General Targets Home Loan Schemes Obama’s Home Loan Modification Progam a Bust Surprise Sues Wells Fargo [read post]
31 Dec 2009, 6:21 pm
Well, we can summarize four type of owners of mortgage notes: -the originator (the rarest of cases), -a securitized trust (known as a REMIC), -Fannie Mae (Federal National Mortgage Association) -or Freddie Mac (Federal Home Loan Mortgage Corporation). [read post]
13 Feb 2014, 2:00 pm
This offers some wonderful convenience and efficiencies in an otherwise inconvenient, aggravating and grossly inefficient process.FHA joins The Federal Home Loan Mortgage Corporation (FHLMC) which already allows e-signature on initial loan documents.Plainly, there are a great many documents that must be generated to apply for, process, and document residential mortgage loans. [read post]
1 Oct 2013, 12:31 pm
Beginning this morning at 9:00 am, the Florida Hardest Hit program sprang back to life, accepting new applications for the federal principal reduction program that promises Florida home owners burdened with underwater mortgages a decrease of up to $50,000 in their mortgage loan balance. [read post]
6 Feb 2020, 5:29 pm
However, FCA liability has been found on various theories in cases involving fraud in federal home mortgage programs, HUD-guaranteed nursing home loans, clean energy loan programs, Commerce Department loans, and student loans. [read post]
3 Sep 2019, 1:49 pm
We also alleged that Wells Fargo violated the federal Truth in Lending Act, which requires lenders and creditors to disclose key terms, conditions, and costs of borrowing money when entering into consumer loan. [read post]
1 Oct 2015, 1:53 pm
Real property — Foreclosure — Emergency motion to stay writ of possession This is an appeal from a judgment granting possession to Federal Home Loan Mortgage Corporation (“Freddie Mac”) in a foreclosure action originally brought by JPMorgan Chas e Bank, NA and substitute trustees John S. [read post]
27 Sep 2019, 5:12 am
Clark’s management career — she was a director for the giant Federal Home Loan Mortgage Corporation — was moving along just fine. [read post]
14 Oct 2009, 7:18 pm
According to an analysis of the data by the Huffington Post Oct. 13, one mortgage servicer, Ocwen Financial, is responsible for about 45% of the loan modifications that have been converted from temporary to permanent under the federal Home Affordable Modification Program. [read post]
19 Mar 2008, 5:22 am
Congress enacted the Home Owners’ Loan Act (HOLA) for the purpose of restoring public confidence in federal savings and loan associations, and the Ninth Circuit previously has “described HOLA and its following agency regulations as a ‘radical and comprehensive response to the inadequacies of the existing state system,’ and ‘so pervasive as to leave no room for state regulatory control. [read post]
1 Feb 2008, 6:42 am
The nickname of Freddie Mac belongs to the Federal Home Loan Mortgage Corporation. [read post]
3 Jun 2023, 7:41 am
As used in this paragraph, “business” includes, but is not limited to, sole proprietorships, closely held corporations, partnerships, other flow-through business entities, and self-employment. [read post]
10 Jul 2012, 2:16 pm
William McDavid will take on his new role with the Federal Home Loan Mortgage Corporation starting on July 16. [read post]
