Reports indicate that the FHFA lacks the staff to adequately monitor mortgage giants Fannie Mae and Freddie Mac.
Category: Industry
FHFA Sues 17 of Nation’s Biggest Banks
The Federal Housing Finance Agency sues 17 big banks alleging that the mortgage-backed securities they sold violated securities laws.
FHA loan limits may change in October – C.A.R.
What you need to know about upcoming changes to FHA loans
Inspectors Tear Holes in Former Glendale Councilman Drayman’s Home
John Drayman, former Glendale Councilman, is still dealing with the FBI investigation of his condominium renovations.
U.S. Said to Be Ready to Sue Banks Over Mortgages – NYTimes.com
By Nelson D. Schwartz The federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac is set to file suits against more than a dozen big banks
Glendale Man Allegedly Defrauded the City Out of $18,000+
A Glendale man defrauded the city out of $18,492.
Lower Conforming Loan Limits at Wells Fargo
The expiration date for temporarily higher loan limits ends early for Well Fargo.
Senate Bill 458 Having Negative Consequences
The consequences of Senate Bill 458 are hitting the real estate market in a very bad way.
$60 Million Mortgage Fraud Scheme and 13 Charged
A group of 13 alleged members conspired to commit a $60 million mortgage fraud.
FHA Cracking Down on Liberal Lenders
No, I do not mean liberal as in political affiliation, but rather in the “Hey heres a bunch of Government money, go enjoy yourself” way!