For example, in December 2004, the Department of Justice accused Fannie Mae of knowingly accepting money that had been lost by the Government National Mortgage Association (Ginnie Mae) in a fraud scheme involving First Beneficial Mortgage Corp., Olympia Mortgage Corp., and United Homes, LLC. Mort...
The Government National Mortgage Association was established in 1968 as part of theU.S. Department of Housing and Urban Development(HUD) to promote affordable homeownership.2Ginnie Mae does not create mortgages but guarantees them for single and multifamily homes. Since the government backs these loa...
“National Family Mortgage”, “NFM”, “Our”, “Us” and “We” mean National Family Mortgage, LLC, a Massachusetts limited liability company having its principal offices at 300 Baker Avenue, Suite 300, Concord, Massachusetts, 01742, and any subsidiary or successor companies, subsidiaries, affi...
New York & Tri-State + Outer + Finance | February 7, 2025 Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has provided a $148-million construction loan for Sutphin II, a planned 524-unit luxury high-rise apartment building in the Jamaica neighborhood of Queens. Steven Hersko...
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This includes establishing an integrated network of government services across the country, further reducing the procedural items and time required for filing and paying taxes, as well as integrating various registration systems for chattel and chattel mortgage. Meanwhile, we will vigorously promote the ...
Mortgage Company’s website,LinkedIn,Twitter, &Facebookpages. About The Community Preservation Corporation (CPC) CPC is a nonprofit multifamily finance company that was founded in 1974 to provide financial resources to stabilize and revitalize underserved communities. Today, CPC uses its unique ...
At the House Standing Committee on Finance in 2022, the Canadian Mortgage and Housing Corporation (CMHC) reported that it had asked Canadian organizations to submit innovative housing ideas to its Solutions Lab. It was a way to tap into the Canadian public to get their best ideas to solving ...
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One key area to watch: Canada Mortgage Bonds (CMBs), which have been a vital source of AAA-ratedCAD-denominated spread product for over 20 years. With market-based consultations now out of the way, a decision on the fate of the $265 billion (o/s) CMB program can be expected this ...