Search for: "Federal Home Loan Mortgage Corporation"
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29 Nov 2018, 11:58 am
Unlike with securitized mortgages, there were no homes as secured real assets to foreclose on, leaving collection lawsuits against borrowers and cosigners, followed by execution on nonexempt assets and garnishment, as forcible collection tools. [read post]
24 Sep 2018, 6:00 am
Common examples are car loans and home mortgages. [read post]
14 Aug 2018, 1:25 pm
Bank Fails to Follow Federal Law Covering Home Loans The home loan industry is heavily regulated, and many different federal laws have been passed by Congress not only to help borrowers get home loans but to oversee the actions of mortgage lenders. [read post]
13 Aug 2018, 8:01 am
One result of this increased presence has been increased opportunity to market other products (such as CDs, car loans, or mortgage loans) outside of their home state. [read post]
6 Aug 2018, 6:00 am
(Note though that FHA calls its current loan modification program FHA-HAMP.)Options for Fannie Mae and Freddie Mac LoansFannie Mae and Freddie Mac are large government-chartered corporations that own or guarantee over one-half of the home mortgages in the country. [read post]
16 Jul 2018, 5:53 pm
Among other things, HERA created a new independent federal entity—the Federal Housing Finance Agency ("FHFA")—to oversee two of the nation's largest financial companies, government-chartered mainstays of the U.S. mortgage market: the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac"). [read post]
13 Jul 2018, 8:53 am
After clerking at the Supreme Court, many young lawyers head for large corporate law firms (collecting lucrative bonuses along the way) or academia. [read post]
5 Jul 2018, 12:39 pm
In Financial Institution Letter FIL-36-2018 and in OCC Bulletin 2018-19 the Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency, respectively, issued similar guidance to institutions. [read post]
30 Jun 2018, 5:05 pm
It should be noted that if you have a loan that is not federally backed, then the Garn St. [read post]
28 Jun 2018, 8:34 am
The home mortgage interest deduction was also scaled back so that borrowers can only deduct interest on loans with a principal balance of $750,000 (down from $1,000,000). [read post]
27 Jun 2018, 2:04 pm
HOUSE BELOW GREEN TREE SERVICING, L.L.C.; WALTER INVESTMENT MANAGEMENT CORPORATION; BEST INSURORS, INCORPORATED; MID STATE CAPITAL, L.L.C.; MID STATE TRUST II; MID STATE TRUST III; MID STATE TRUST IV; MID STATE TRUST V; MID STATE TRUST VI; MID STATE TRUST VII; MID STATE TRUST VIII; MID STATE TRUST IX; MID STATE TRUST X; MID STATE TRUST XI; WILMINGTON TRUST COMPANY; MID-STATE CAPITAL CORPORATION 2004-1 TRUST; MID-STATE CAPITAL CORPORATION 2005-1 TRUST; MID-STATE CAPITAL… [read post]
20 Jun 2018, 6:30 am
The IRS has since clarified that “despite newly-enacted restrictions on home mortgages, taxpayers can often still deduct interest on a home equity loan, home equity line of credit (HELOC) or second mortgage, regardless of how the loan is labelled. [read post]
18 Jun 2018, 5:27 pm
In April, 2009 BANK OF AMERICA CORPORATION claimed to be the new mortgage servicer and payments were to be made to them. [read post]
11 May 2018, 7:22 am
The Federal Savings and Loan Insurance Corporation (FSLIC) was forced to cover more than $3 billion in losses. [read post]
11 Apr 2018, 3:00 am
You could always take out a home equity line of credit in the future or refinance your existing mortgage to take equity out of the property. [read post]
5 Apr 2018, 7:55 pm
It additionally departs from the most on-pointcase that can be cited for the proposition that other states’ judicial decisions on matters of evidence should be disregarded in favor of home-grown decisional law. [read post]
12 Mar 2018, 4:00 am
Home Mortgage Interest – May also indicate the existence of real estate. [read post]
22 Feb 2018, 5:18 pm
From 2015 to 2016, Manafort applied for a mortgage on the apartment but told the bank that the property was a secondary home, instead of a rental property, in order to receive a larger loan. [read post]
21 Feb 2018, 2:46 pm
The current up to $100,000 deduction for the interest on home equity loans will no longer be allowed. [read post]
21 Feb 2018, 2:46 pm
The current up to $100,000 deduction for the interest on home equity loans will no longer be allowed. [read post]