You are here:
Fannie Mae
#

Fannie Mae

Get Alerts

Articles

View all

US sues Bank of America over 'toxic' mortgage scheme

Oct 25, 2012

US sues Bank of America over 'toxic' mortgage scheme

The US Justice Department is seeking $1 billion from Bank of America, alleging the bank committed fraud by selling defective mortgages from a programme it says was known within the bank as "the Hustle." #Bank of America #Freddie Mac #Fannie Mae #TheExplainer #mortgage loans
US to sue big banks over mortgage security : report

Sep 02, 2011

US to sue big banks over mortgage security : report

According to a report in the New York Times, the Federal Housing Finance Agency, which oversees mortgage giants Fannie Mae and Freddie Mac, is expected to file suit against Bank of America, JPMorgan Chase, Goldman Sachs and Deutsche Bank, among other banks. #Finance #Investment #NewsTracker #JPMorgan Chase & Co. #Goldman Sachs #Bank of America #Freddie Mac #Fannie Mae #Deutsche Bank AG

Wire

View all

US to sue big banks over mortgage security : report

Jul 30, 2014

Bank of America's Countrywide ordered to pay $1.3 billion

Bank of America Corp.'s Countrywide unit was ordered to pay $1.3 billion in penalties for defective mortgage loans sold to Fannie Mae and Freddie Mac in the run-up to the 2008 financial crisis, a little more than half of what the federal government h... #Bank of America #Freddie Mac #Fannie Mae
US to sue big banks over mortgage security : report

Jul 24, 2014

Mortgage demand rising, Fannie Mae says; Freddie says rates unchanged

Consumer demand for home loans has strengthened modestly this year as the economy improved, a trend expected to continue, according to a Fannie Mae survey of senior mortgage lending executives... #Bank of America #Freddie Mac #Fannie Mae
US to sue big banks over mortgage security : report

Jul 30, 2014

Bank of America Ordered to Pay Nearly $1.3 Billion in Mortgage Case

In determining the penalty, Judge Rakoff looked at how much Fannie Mae and Freddie Mac paid for defective mortgages that were originated as part of a program that was nicknamed the "hustle.... #Bank of America #Fannie Mae #Freddie Mac
NEW EBOOK