Search for: "Federal Home Loan Mortgage Corporation"
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4 May 2021, 12:37 pm
The CFPB recently entered into a consent order with Nationwide Equities Corporation (Nationwide), which the CFPB refers to as a mortgage broker and mortgage lender that primarily provides jumbo reverse mortgage loans and Home Equity Conversion Mortgage Loans (HECMs). [read post]
6 Apr 2021, 10:00 am
Introduction below: Among the thousands of area descriptions created by agents of the federal government’s Home Owners’ Loan Corporation between 1935 and 1940, the one that was written for what is now called the Carver Heights neighborhood in Savannah, Georgia, stands out. [read post]
8 Mar 2021, 4:17 pm
KELSI KING, Appellee. 1st District.Dissolution of marriage -- Equitable distribution -- Marital/nonmarital assets -- Valuation -- Liabilities -- Alimony -- Trial court erred in classifying personal injury settlement funds received during the marriage as former husband's nonmarital asset where former husband did not overcome statutory presumption that the funds were marital in nature -- Although it was former husband and not former wife who was injured in accident underlying personal… [read post]
22 Feb 2021, 9:03 pm
Redlining began in 1933, when the federal government created the Home Owners’ Loan Corporation (HOLC) to stabilize and encourage homeownership as the nation recovered from the Great Depression. [read post]
15 Feb 2021, 11:16 am
Last spring, the CARES Act entitled everyone with a federally backed home mortgage to a forbearance of 6 months, extendible for another 6 months. 15 USC 9056. [read post]
13 Jan 2021, 7:21 am
Front and center were the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
22 Dec 2020, 7:08 pm
Extension of Federal Funding of Extended Unemployment Compensation The FFCRA provision that provided temporary full federal funding of Extended Benefits for high-unemployment states is extended through March 14, 2021. [read post]
15 Dec 2020, 11:55 am
The post Mortgage Company Agrees to Pay $24.9 Million to Settle Fraud Allegations Related to Federal Mortgage Insurance appeared first on Tycko & Zavareei LLP. [read post]
11 Dec 2020, 1:01 pm
Only businesses in existence at the start of the pandemic are eligible for PPP loans, and loan proceeds must be used by businesses to cover payroll costs, mortgage interest, rent, or utilities. [read post]
9 Dec 2020, 3:00 am
Background The Federal National Mortgage Association, also known by the nickname Fannie Mae, and the Federal Home Loan Mortgage Corporation, known as Freddie Mac, are publicly traded companies created by Congress with private shareholders. [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]
1 Nov 2020, 5:08 am
Once that value is determined, the party not keeping the property can be awarded their share of the property from other marital property or the party keeping the property can get a home equity loan in order to “buy out” the other party. [read post]
27 Oct 2020, 9:05 pm
” This contrasts with the other fair lending laws, such as the Fair Housing Act and the Home Mortgage Disclosure Act, which focus exclusively on mortgage borrowers. [read post]
6 Oct 2020, 10:32 am
Facts of the Case In 2008, Congress enacted the Housing and Economic Recovery Act (HERA), which created the Federal Housing Finance Agency (FHFA) as an independent agency to oversee the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
30 Sep 2020, 10:28 pm
” Local Loan Co. v. [read post]
19 Sep 2020, 8:02 am
While the CARES Act made forbearance on federally backed mortgages available for the asking. [read post]
9 Sep 2020, 10:30 am
(PHLoans), previously known as Pacific Home Loans, Inc. [read post]
9 Sep 2020, 6:16 am
Union Federal Savings and Loan Ass'n of Miami, 425 So. 2d 1138 (Fla. 3d DCA 1982), which held that bankruptcy automatic stay provision is inapplicable in appellate court where the debtor, who is the defendant below and who has filed for federal bankruptcy protection, is the appellant, but panel suggests that court should revisit and recede from that decision. [read post]
24 Jul 2020, 6:23 am
And, millions of Americans were losing their homes, incomes, and retirement savings. [read post]
18 Jun 2020, 7:26 am
Industry Developments SPOTLIGHT: Airlines Are Using Frequent-Flyer Programs as Collateral for Loans to Stay AlivePYMNTS – June 15, 2020 In times of crisis, we mortgage what we have to get to where we need to be. [read post]
