Fannie Report Warned of Foreclosure Problems in 2006

Special report: Banks still robo-signing – The collapse of the housing boom in late 2006 led to a. has also uncovered problems with the other key document used in foreclosure cases, the promissory note. To foreclose, a trust, bank or.

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The nuclear option: Clearwater condo owners push back against bond debt – The company declined to comment, but one of its lawyers last year warned the district’s board against thinking. they paid.

Some who lost homes feel forgotten in foreclosure settlements – MERS was formed by the nation’s top mortgage lenders, including Bank of America, Wells Fargo, Fannie. health problems, but in Delaware only $8.7 million of the $133 million the state received is.

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White House Philosophy Stoked Mortgage Bonfire – As early as 2006, top advisers to Mr. Bush dismissed warnings from people inside and outside the White House that housing prices were inflated and that a foreclosure. report that warned the pillars.

Harvard study finds severe problems in nation’s housing market – Still, the 44-page report. foreclosure since 2008. These neighborhoods are disproportionately minority. The national homeownership rate fell below 67 percent last year, compared to 69 percent in.

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Annual Report to Congress – 2006 – This report covers accomplishments and activities in 2005 and early 2006. These include the annual examinations of Fannie Mae and Freddie mac and its conclusions, the building of OFHEO oversight capabilities, and legislative recommendations pursuant to the federal housing enterprises financial safety and Soundness Act of 1992.

Puerto Rico Homeowners Brace for Another Disaster. – Indeed, a report from the public interest firm Hedge Clippers shows that one company, Roosevelt Cayman Asset Co., has 289 active foreclosure cases in federal court and another 56 in local Puerto Rican courts. Federal courts, typically not a venue for foreclosure cases, are seen as faster than local courts, so offshore companies like Roosevelt lean heavily on them.

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The Jawa Report: Bush, GOP Warned of Fannie-Freddie Crisis. – September 18, 2008 Bush, GOP Warned of Fannie-Freddie Crisis.In 2003. Take a trip in the waaaaaaayback machine to September 11, 2003, when those heroic Democrats in Congress (bullied and oppressed by those eeeevil Rethuglikkkans) were busy trying to avert the impending financial meltdown of Fannie-Freddie trying to figure out the best way to smear/impeach/destroy George Bush.