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January 2009 - Around The Web



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  • Report: Fannie Says IndyMac Has $1B in Mortgage Obligations
    Published Fri, Jan 02 2009 11:02 AM by feeds.foxbusiness.com
    Fannie Mae (FNM), the largest U.S. home funding company, believes that failed mortgage lender IndyMac has obligations to repurchase around $1 billion of home mortgages that failed to meet Fannie's standards, the Wall Street Journal said, citing people...
  • Ohio to Receive $4.39M in Countrywide Settlement
    Published Fri, Jan 02 2009 10:46 AM by loanworkout.org
    COLUMBUS - Attorney General Nancy Rogers has announced the details of a final settlement with Countrywide Financial Corporation. Under the agreement, filed in Cuyahoga County Court of Common Pleas, Ohio will receive $4.39 million dollars as its share...
  • California Forgery Case May Lead to an Avalanche of Lawsuits
    Published Fri, Jan 02 2009 10:46 AM by loanworkout.org
    This forgery case may open the legal flood gates for duped homeowners who “thought” they knew what they were signing based on the professional advice of their mortgage, real estate or foreclosure so-called professional. In all honesty, I feel that this...
  • Wells Fargo’s Purchase of Wachovia Tested by Economic Crisis
    Published Thu, Jan 01 2009 9:14 PM by ml-implode.com
    Wells Fargo & Co.’s $12.7 billion acquisition of Wachovia Corp. faces immediate stress as economists predict home foreclosures will keep rising and some forecast unemployment in 2009 to reach a 26-year high. ... Since the acquisition was announced...
  • Report: Fannie Says IndyMac Has $1B in Mortgage Obligations
    Published Fri, Jan 02 2009 11:02 AM by feeds.foxbusiness.com
    Fannie Mae (FNM), the largest U.S. home funding company, believes that failed mortgage lender IndyMac has obligations to repurchase around $1 billion of home mortgages that failed to meet Fannie's standards, the Wall Street Journal said, citing people...
  • Ohio to Receive $4.39M in Countrywide Settlement
    Published Fri, Jan 02 2009 10:46 AM by loanworkout.org
    COLUMBUS - Attorney General Nancy Rogers has announced the details of a final settlement with Countrywide Financial Corporation. Under the agreement, filed in Cuyahoga County Court of Common Pleas, Ohio will receive $4.39 million dollars as its share...
  • California Forgery Case May Lead to an Avalanche of Lawsuits
    Published Fri, Jan 02 2009 10:46 AM by loanworkout.org
    This forgery case may open the legal flood gates for duped homeowners who “thought” they knew what they were signing based on the professional advice of their mortgage, real estate or foreclosure so-called professional. In all honesty, I feel that this...
  • Wells Fargo’s Purchase of Wachovia Tested by Economic Crisis
    Published Thu, Jan 01 2009 9:14 PM by ml-implode.com
    Wells Fargo & Co.’s $12.7 billion acquisition of Wachovia Corp. faces immediate stress as economists predict home foreclosures will keep rising and some forecast unemployment in 2009 to reach a 26-year high. ... Since the acquisition was announced...
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