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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

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US to sue big banks over mortgage security : report

Jun 26, 2014

Fannie, Freddie seeking out homeowners for HARP

The Chicago area has more HARP-eligible borrowers than any other metropolitan area in the country, according to FHFA criteria Fannie Mae and Freddie Mac are looking for more than 35,000 homeowners in the Chicago area that the enterprises say qualify ... #Freddie Mac #Fannie Mae
US to sue big banks over mortgage security : report

Jul 08, 2014

FHFA House Price Index

FHFA House Price Index The Federal Housing Finance Agency (FHFA) House Price Index (HPI) covers single-family housing, using data provided by Fannie Mae and Freddie Mac. The House Price Index is derived from transactions involving conforming conventi... #Freddie Mac #Fannie Mae #Government-sponsored enterprise #Federal Housing Finance Agency
US to sue big banks over mortgage security : report

Jul 01, 2014

The myth of the downsizing baby boomers? (poll)

Mortgage investor Fannie Mae found that although boomers are becoming empty nesters as their grown children move out (and yes, some move back in), they're by and large still not giving up single-family detached homes... #Freddie Mac #Fannie Mae #Government-sponsored enterprise #Federal Housing Finance Agency