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24 Jul 2011, 8:14 am
The Corporate Whistle Blower Center says, We are one of the best branded whistleblower advocates in the United States, and our sister organization the National Mortgage Complaint Center is one of the most quoted sources in the United States on mortgage loan servicing. [read post]
20 Jun 2016, 3:05 pm
In a putative class action alleging failure to timely record satisfactions of mortgages, the Supreme Court of Ohio recently held that a cease-and-desist order issued by the Federal Housing Finance Agency (FHFA) to Federal National Mortgage Association (Fannie Mae) did not preclude the trial court from exercising jurisdiction under the federal statute governing judicial review […]Mickey J. [read post]
24 Aug 2006, 11:44 am
[JURIST] Government-sponsored mortgage dealer Fannie Mae [Federal National Mortgage Association website] announced Thursday that the US Department of Justice (DOJ) has discontinued its two-year investigation [press release] into alleged accounting violations, though criminal prosecutions could still be brought against individual employees. [read post]
29 Oct 2012, 10:32 am
On October 24, the United States Attorney’s Office for the Southern District of New York (SDNY) filed a $1 billion civil mortgage fraud lawsuit against a mortgage lender and a major financial institution in connection with loans sold to the government-sponsored enterprises (GSEs), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
13 Nov 2010, 7:30 am
Berman, chairman of the Mortgage Bankers Association. [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]
21 Sep 2009, 3:18 am
The National Association of Independent Fee Appraisers (NAIFA) has issued a response to the Home Valuation Code of Conduct (HVCC). [read post]
10 Jun 2009, 9:05 am
From 2005 to 2006, the number of reverse mortgages jumped 26 percent, according to the National Reverse Mortgage Lenders Association, a trade group. [read post]
9 Mar 2011, 8:00 am
As a result of this defeat, the National Association of Consumer Bankruptcy Attorneys, (NACBA), announced a new proposal to address the pandemonium of the mortgage industry that is causing the foreclosure and robo-signer crises across the United States. [read post]
9 Mar 2010, 12:14 am
I doubt that we really need massive government homeownership subsidies to maintain America’s national identity. [read post]
6 Dec 2011, 10:16 am
Andrew Fortin, CAI National’s Vice President of Government & Public Affairs, has provided CLAC with the following important ALERT for CAI members in Colorado: “CAI members in Colorado have reported that a mortgage company in that state is telling lenders that in order to obtain a mortgage for a home in a community association; the association must waive their priority assessment lien rights under Colorado Law. [read post]
2 Oct 2008, 1:26 am
When hiring a criminal defense attorney it is important to make sure that the attorney has experience in federal court and another good requirement is membership in the National Association of Criminal Defense Lawyers (NACDL). [read post]
23 Aug 2012, 6:21 am
Local government conveys to the non-governmental financing entity the rights associated with the loan acquired in the condemnation suit. [read post]
15 Oct 2019, 6:31 am
At the time, many businesses were family-run, and the government could not distinguish between personal and business-generated interest.[1] For much of the twentieth century all consumer loan interest was deductible. [read post]
26 Mar 2010, 9:24 am
The government reported this week that 16 of the top locations in the nation for troubled FHA mortgages are in Florida -- including Miami where 18 percent, or nearly 1 in 5 federally-insured mortgages, were in trouble. [read post]
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]
3 Sep 2010, 8:31 am
Here’s a look at some of the numbers released recently by the Mortgage Bankers Association and various government organizations and what they might mean for the housing market: According to the MBA, the number of homes currently in some stage of foreclosure fell in the second quarter of 2010, marking the first such decline since 2006. [read post]
9 Jan 2019, 10:32 am
The IRS will resume processing lender requests for tax transcripts to verify income for mortgage applicants despite the government shutdown. [read post]
18 Dec 2009, 4:08 pm
Folks, I don’t care what the National Association of Cheerleaders… I mean Realtors, is saying this week. [read post]
15 Jun 2022, 11:32 am
Banks – i.e., Financial Services Organizations (FSOs) — have been warned, as well, by the American Bar Association. [read post]
