Search for: "Federal Home Loan Mortgage Corporation ("Freddie Mac")"
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18 Jun 2013, 8:10 am
The indictment alleges that as a result of the conspiracy, lenders provided over $3.5 million for fraudulently obtained loans, which resulted in losses of over $1 million to the lenders, the Federal Housing Administration which insured some of the loans, and the Federal National Mortgage Corporation (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), who… [read post]
25 Sep 2008, 9:56 pm
Bush said about Fannie Mae and Freddie Mac: Freddie Mae -- Fannie Mae and Freddie Mac -- I see the heads who are here; I want to thank you all for coming -- (laughter) -- have committed to provide more money for lenders. [read post]
25 Feb 2019, 5:43 am
Local, state, and federal governments should also ensure that residents are protected from retaliation, discrimination by corporate investors, fraudulent or exploitative lease terms, and corporate community owners serving as exclusive real estate agents controlling a homeowner’s right to sell his or her home, the report advised. [read post]
28 Feb 2011, 6:00 am
"The Administration’s plan calls for reducing and eventually winding down the two primary government housing finance institutions, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
21 Aug 2013, 7:43 am
Thus, the PATH Act ushers in a new system of housing finance that separates out these functions, providing clear and transparent disclosure of mortgage data, giving certainty to contracts and their enforceability, utilizing the knowledge and networks of the Federal Home Loan Bank system, and creating an open-access utility for the issuance of mortgage-backed securities that is decoupled from the holding of long-term mortgage risks.To ensure a… [read post]
1 Apr 2015, 10:52 am
As a result of the conspiracy, lenders provided over $3.5 million for fraudulently obtained loans, which resulted in losses of almost $2.5 million to the lenders, the Federal Housing Administration which insured some of the loans, and the Federal National Mortgage Corporation (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”), who… [read post]
9 Nov 2016, 6:33 am
” A third theme embraced one of Rosenkranz’s strongest points: the difference between the charters for Freddie Mac (the Federal Home Loan Mortgage Corporation) and Fannie Mae. [read post]
14 Apr 2011, 5:20 pm
He admonished that the final rules should not exempt Fannie Mae and Freddie Mac. [read post]
30 Aug 2011, 8:52 pm
One modification program is designed to help refinance mortgages insured by Freddie Mac or Fannie Mae. [read post]
15 Oct 2010, 6:05 am
Fannie Mae and Freddie Mac were placed into conservatorship on September 6, 2008 by the Federal Housing Finance Agency (FHFA). [read post]
28 Jul 2022, 3:00 am
This unprecedented solution would allow insurers to meet an exception offered by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) and ensures Floridians can maintain coverage during hurricane season. [read post]
2 Jul 2012, 8:20 am
For example, if you bought property that had been foreclosed on from Federal National Mortgage Association, commonly called Fannie Mae, or from Federal Home Loan Mortgage Corporation, usually referred to as Freddie Mac, you are probably owed hundreds and maybe thousands of dollars today in fees they illegally collected from you when erroneous calculations were made. [read post]
12 Aug 2012, 7:46 pm
Fannie Mae and Freddie Mac rely on Wells Fargo and other large servicers to collect payments for the loans they guarantee. [read post]
5 Nov 2011, 5:55 am
The article also states that government-backed Fannie Mae and Freddie Mac loans will be excluded from the settlement. [read post]
26 Oct 2010, 10:48 am
• The Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to remind servicers of their contractual and legal responsibilities in foreclosure processing. [read post]
18 Dec 2010, 10:14 am
Scott Garrett (R-NJ) to chair the subcommittee with jurisdiction over the financial markets, the SEC, the NYSE, NASD, the SROs, and the government -sponsored enterprises, such as Fannie Mae and Freddie Mac. [read post]
10 Oct 2008, 10:24 pm
Fish and Wildlife Service Letter to Shareholders From AIG Chairman and CEO Edward Liddy (PDF 156 KB) Letter Regarding the Sale of Stock to the Federal Reserve Bank Remarks Delivered by World Bank Group President Robert Zoellick Remarks as Prepared for Delivery at the Opening of the Annual Meetings on Oct. 9, 2008 Letter to Secretary of the Treasury Henry Paulson From AIG Chairman and Chief Executive Officer Edward Liddy (PDF 48 KB) Letter Seeks to Explain a Trip Made to a Resort by… [read post]
4 Mar 2010, 4:13 pm
Covered employees are defined as both as employees of the company and non-employee directors of a major federal emergency economic assistance recipient.The Act defines major federal emergency economic assistance recipients as financial institutions of which the federal government acquired an equity interest of more than $5 million pursuant to a program authorized by the Emergency Economic Stabilization Act of 2008, as well as the Federal National Mortgage… [read post]
3 May 2010, 10:18 am
” A second group of critics say the government helped to seed the crisis through its efforts to increase home ownership, including the role of Fannie Mae and Freddie Mac in buying mortgage loans to make more money available for lending. [read post]
5 Oct 2011, 3:17 pm
The AWC alleged that from at least January 2006 to August 2008, Hamsher made misrepresentations and omitted to state material facts in conversations and correspondence with dozens of customers who purchased on his recommendation the preferred securities of financial institutions, including the Federal National Mortgage Association a/k/a “Fannie Mae” (“FNMA”) and the Federal Home Loan Mortgage corporation a/k/a… [read post]
