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Fannie Mae Foreclosures News

Peter Boutell, Lending a Hand: Today's mortgage requirements are reasonableSaturday, July 16, 2011 @ 3:52AMSure, compared to just a few years ago, today's qualifications to obtain a mortgage seem strict and unreasonable but a closer look reveals another story.

Dimon Says Mortgage Clash Swells as ‘Everybody Is Going to Sue’Thursday, July 14, 2011 @ 3:02PMJPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said clashes over faulty mortgages may drag on as investors and regulators demand compensation for soured loans issued at the peak of the housing market.

JPMorgan Chase Profit Jumps Despite Continued Mortgage WoesThursday, July 14, 2011 @ 12:13PMNEW YORK -- JPMorgan Chase, the second-largest U.S. bank by assets, reported a 13 percent jump in profits, to $5.4 billion, as lending continued to slide, fewer borrowers fell behind on their payments and problems with its mortgage practices again dampened earnings.

Everything is crashing and burning around you: Gaston author takes on financial crisis in 'Black Box Casino'Wednesday, July 13, 2011 @ 5:52PMThis isn’t Truman Capote’s true crime. It’s scarier because we’re all the victims. Robert Stowe England, a product of Gaston County public schools and longtime financial writer, has a real-life thriller headed for bookshelves in September....

Foreclosure fraud investigators forced out at attorney general's officeTuesday, July 12, 2011 @ 9:20PMForeclosure fraud investigators forced out at attorney general's office

Public SafetyTuesday, July 12, 2011 @ 8:35PMUtahns facing default on their mortgages will have an opportunity Thursday to talk directly to representatives of some of the banks who hold or service their loans, including giant Bank of America.

Utah event aims to help avoid foreclosuresTuesday, July 12, 2011 @ 8:20PMUtah event aims to help avoid foreclosures By Tom Harvey The Salt Lake Tribune Published Jul 12, 2011 06:06PM MDT Utahns facing default on their mortgages will have an opportunity Thursday to talk directly to representatives of some of the banks who hold or service their loans, including giant Bank of America. The Utah Housing Coalition and Utah Foreclosure Crisis Coalition, a group of ...

A Huge Problem for New Federal Foreclosure Prevention EffortsTuesday, July 12, 2011 @ 12:33PMFannie and Freddie, which the government now owns, may refuse to participate

Bank of America Names Laughlin as New Chief Risk OfficerFriday, July 8, 2011 @ 3:51PMBank of America Corp. named Terry Laughlin, currently the top manager overseeing soured loans and foreclosures, as the firm’s next chief risk officer after it earmarked another $20.4 billion to cover bad mortgages.