Search for: "Government National Mortgage Association"
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14 Apr 2011, 12:15 am
Ted Tozer, president of the Government National Mortgage Association, which bundles FHA loans into bonds and sells them to investors, says it flows to the bondholders, who are guaranteed payment of interest for the full month even if the balance is paid off much earlier. [read post]
18 Nov 2010, 9:16 am
The Article concludes by considers whether the mortgage banking industry, in creating and embracing MERS, has subverted the democratic governance of the nation’s real property recording system. [read post]
16 Apr 2007, 3:24 am
G Ginnie Mae: Government National Mortgage Association (GNMA); a government-owned corporation overseen by the U.S. [read post]
4 Dec 2008, 5:05 pm
At a meeting attended by the Treasury's Interim Assistant Secretary for Financial Stability Neel Kashkari and the National Association of Realtors in mid-November, senior Treasury officials said they were optimistic that subsidizing lower mortgage rates with taxpayer dollars would help revive the housing market, sources said. [read post]
18 Jul 2012, 11:37 am
The Federal National Mortgage Association, better known as Fannie Mae, cannot be liable for punitive damages so long as it remains under the conservatorship of the Federal Housing Finance Agency. [read post]
24 Sep 2009, 9:49 am
Mike Anderson (President of Essential Mortgage, Louisiana Mortgage Lenders Association Past President, and the National Association of Mortgage Brokers Co-Chair of Government Affairs) testified before the Federal Reserve Board today on this issue. [read post]
19 Mar 2014, 7:51 am
MishkinDirector Cordray’s speech yesterday to the National Association of State Treasurers consisted primarily of his standard remarks about the CFPB’s handling of consumer complaints, financial education initiatives, and mortgage reforms. [read post]
16 Dec 2011, 4:05 pm
The Securities and Exchange Commission has charged six ex-executives of the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) with securities fraud. [read post]
14 Aug 2011, 2:22 pm
NACBA (National Association of Consumer Bankruptcy Attorneys) responded this weekend to the government's latest approach to the foreclosure crisis with what I call the Principal Paydown Plan. [read post]
1 Jun 2015, 10:06 am
Indeed, the consent order’s monitoring requirements suggest that the government fully realizes this potential. [read post]
13 Aug 2018, 6:00 am
library.nclc.orgDefending a Home from Foreclosure: Consumer Debt Advice from NCLCby Geoff Walsh, National Consumer Law Center (NCLC)This is also the third in a series of three articles dealing with home mortgages. [read post]
21 Jan 2014, 11:19 am
Bank National Association as trustee for Lehman XS Trust, Series 2006-4N against GreenPoint Mortgage Funding, Inc. [read post]
21 Aug 2009, 2:58 am
The numbers reported Thursday by the Mortgage Bankers Association show clearly that rising job losses are worsening the nation's housing troubles and threaten the Obama administration's efforts to keep owners from losing their homes.The quarterly National Delinquency Survey showed that almost one in 10 homeowners with a mortgage was at least one payment late, and thus delinquent, while another 4 percent had entered the foreclosure process on… [read post]
9 Mar 2010, 12:41 pm
” According to Judicial Watch’s motion filed on March 5, 2009, Fannie and Freddie are no longer private enterprises, and therefore their records are subject to FOIA law: “At issue in this Freedom of Information Act (‘FOIA’) lawsuit is whether FHFA, the federal agency that has custody and control of the records of Federal National Mortgage Association (‘Fannie Mae’) and Federal Home Loan Mortgage Company… [read post]
31 Aug 2017, 4:44 pm
Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), guaranteed by the United States Department of Veterans Affairs (VA), and purchased by the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) that did not meet applicable requirements, the Justice Department announced today. [read post]
10 Jun 2014, 11:37 am
Assuming that the government has the authority to take a mortgage for a public purpose under the power of eminent domain, the proposal as it stands is still not practical. [read post]
15 Feb 2012, 7:30 am
Banks favour government property subsidiesThe affordability gap in the housing market is expected to be narrowed by changes to government housing subsidies and the commencement of the R1 billion guarantee fund to promote access to home loans for lower-middle-income households.President Jacob Zuma said last week in his State of the Nation address that the guarantee fund, managed by the National Housing Finance Corporation (NHFC), would start its operations in… [read post]
25 Aug 2012, 4:24 pm
District Court for the Southern District of New York has decided that ex-Federal National Mortgage Association executives do have to contend with a Securities Exchange Commission enforcement lawsuit over their alleged role in underplaying just how exposed the company was to high risk loans. [read post]
19 Jul 2011, 9:11 pm
The plaintiffs in the class action securities lawsuit include a number of public pensions, including the New Orleans Employees’ Retirement System, Government of Guam Retirement Fund, Alameda County Employees’ Retirement Association, the General Retirement System of Detroit and the Louisiana Sheriffs' Pension and Relief Fund. [read post]
6 Mar 2015, 4:06 pm
The exciting news in residential green building is that the Federal National Mortgage Association, commonly known as Fannie Mae, is providing incentives, including lower interest rates for multifamily properties with a green building certification. [read post]
