The Ad: In crisis, experience matters. McCain and his congressional allies led. Tough rules on Wall street. stop ceo rip-offs. Protect your savings and pensions. Obama and his liberal allies? Mum on.
More than 28% of US homeowners underwater on their mortgage This article is from the archive of our partner .. New data estimate that 23% of U.S. homeowners owe more money on their mortgages than the home is worth. That’s about 10.7 million households with.JPMorgan analysts see housing prices falling until mid-2011 While improved capital markets may boost the bottom lines of some, analysts expect lenders such as Bank of America Corp, JPMorgan. needs until they find new jobs,” Chessen said. “It’s taking longer.
With today’s kerfuffle over the media being kept away from Sarah Palin’s meetings with foreign leaders — like there was a risk she’d answer their shouted questions? — I’ve been mulling over Colby’s.
thousands of Hustle loans to the GSEs that they knew did not meet their representations and warranties of quality. And after the loans defaulted, Bank of America has resisted buying many of them back, despite the presence of fraud, misrepresentation, and other obvious violations of GSE requirements.
Existing home sales rebound in July Sales of existing homes were up strongly from June in the West, among the weakest regions in prior months, but were down in every other region – especially in the Northeast. The median (seasonally adjusted) price of existing homes sold in July was $257,200, up 4.5 percent from a year ago and 0.8 percent from June, the first monthly gain after three straight declines.
I am pleased to transmit the Federal Housing Finance Agency's (FHFA's) Report to. foreclosure prevention activities and credit availability.
an American lawyer, businessman, and former politician from New York. Mayor of New York City from 1994-2001. A Democrat and Independent in the 70s, and a Republican since the 1980s, Giuliani served in the US Attorney’s Office, for the Southern District of New York, eventually becoming U.S. Attorney.
On August 22, Goldman Sachs and FHFA announced a US$3.15 billion settlement of claims brought by FHFA against Goldman in two separate lawsuits related to RMBS purchased by Fannie
California Real Estate Fraud Report You have just entered the #1 private-sector resource on the Internet for real estate fraud. In doing so, you have voluntarily left the dimension of the conventional real estate world and crossed over to the Dark Side, the realm where greed, dishonesty and evil are the order of the day.
Last month, a report from the FHFA’s Office of the inspector general (oig) faulted the GSEs’ conservator for not earlier identifying abuses within Fannie Mae’s Retained Attorney Network. According to the report, Fannie Mae was alerted to foreclosure abuse allegations as early as 2003, prompting the company to hire an outside law firm to.
Attorney General Harris created a Mortgage Fraud Strike Force in March, 2011 to investigate and prosecute misconduct related to mortgages and foreclosures. Lake County News "The mortgage and foreclosure abuse in California ends here," said Noreen Evans (D-Santa Rosa), co-chair of the Joint Conference Committee.