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fannie mae and freddie mac

Goldman Sachs to Settle Claims for $1.1 Billion

Goldman Sachs to Settle Claims for $1.1 Billion Summary: Goldman Sachs will join Bank of America and other financial institutions that have recently settled claims of fraudulent conduct by paying $1.1 billion to the Federal Housing Finance Agency as early as next week. Reuters reports that Goldman Sachs…>read more

No Comment August 25, 2014

Barclays Bank Fights to Restore Its Reputation

Barclays Bank Fights to Restore Its Reputation Summary: Barclays Bank reveals challenges it faces to investors and defends itself against allegations in lawsuits worldwide. The Guardian reports that a document recently sent to shareholders by Barclays exposes the extent of the legal problems facing the bank. The…>read more

No Comment August 15, 2014

Freddie & Fannie to Fork Over $39 Billion

Freddie & Fannie to Fork Over $39 Billion Mortgage Financiers Freddie Mac and Fannie Mae will pay the US Treasury $39 billion in dividends. Freddie will give $30.4 billion and Fannie will pay $8.6 billion, after both had strong Q3 earnings. The payments will bring the two “quasi-public”…>read more

No Comment November 8, 2013

Closing of Baum PC could lead to Business for other Firms

Closing of Baum PC could lead to Business for other Firms As reported earlier, the foreclosure law firm of Steven J. Baum PC is shutting down after filing notice with federal labor regulators regarding massive layoffs. The layoffs will occur on February 20 but it is unknown if the firm will…>read more

No Comment November 23, 2011

Steven J. Baum P.C. Firm Closing its Doors

Steven J. Baum P.C. Firm Closing its Doors As reported on JD Journal earlier in the month, the largest foreclosure firm in New York has been removed from Fannie Mae and Freddie Mac’s list of firms for foreclosures. In a move related to that news, the firm of…>read more

No Comment November 22, 2011

Law Firm Banned from Processing Foreclosures For Fannie Mae and Freddie Mac

Law Firm Banned from Processing Foreclosures For Fannie Mae and Freddie Mac The Steven J. Baum PC firm has been banned from handling foreclosure proceedings for Fannie Mae and Freddie Mac loans. “After Nov. 15, 2011, servicers may not refer any new Fannie Mae foreclosure or bankruptcy cases in New York to…>read more

No Comment November 21, 2011

Job of the Day
Legal Assistant / Secretary - Bilingual
USA-GA-Gainesville

~~Rapidly expanding General Law Firm seeking a Legal Assistant/Secretary to join our team at our Gainesville, Georgia location !  Our firm is a goal/target oriented, fast-paced environment with a...