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· The top bosses of Fannie Mae and Freddie Mac were paid $35.4million after the mortgage giant was given huge bailouts by the taxpayer. Six executives.
An Overview of the Fannie and Freddie Conservatorship Litigation . David Reiss* The fate of Fannie Mae and Freddie Mac are subject to the vagaries of politics, regulation, public opinion, the economy, and not least of all the numerous cases that have been filed in 2013 against various government entities arising from the placement of the
Is BofA really good enough to get investors drooling again? Former BofA CEO To Pay $10 Million, Is Barred From Being An Exec For 3 years 3.26.14 5:42 PM EDT By chris morran @themorrancave flashbacks to 2009 ken lewis bank of america lawsuits merrill lynch
The National Credit Union Administration is seeking to renegotiate the terms of a 2009 agreement with two outside law firms under which the agency has paid more than $1 billion to the attorneys, a.
The Federal Deposit Insurance Corp. is seeking comment on a measure that may subject executives and directors to clawbacks of as much as two years’ pay. fannie mae and Freddie Mac at a careful and.
Of the record-breaking $16.65 billion resolution, almost $10 billion will be paid to settle federal and state civil claims by various entities related to RMBS, CDOs and other types of fraud. Bank of America will pay a $5 billion civil penalty to settle the Justice Department claims under FIRREA.
This week Neugebauer got his response: according to data reviewed by HousingWire, the firms in question received nearly $50 million in legal fees from Fannie and Freddie. Most of that money, $46.
Matt Levine is a Bloomberg Opinion columnist covering finance. He was an editor of Dealbreaker, an investment banker at Goldman Sachs, a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen &.
Scott W. Rothstein (born June 10, 1962) is a disbarred lawyer and the former managing shareholder, chairman, and chief executive officer of the now-defunct Rothstein Rosenfeldt Adler law firm. He was accused of funding his philanthropy, political contributions, law firm.. In 2003, he paid $1.2 million for an intracoastal waterfront house on Castilla.
Meanwhile in the U.S., the New York field office of the Federal Bureau of Investigation is reviewing the matter for any possible criminal violations, according to a person familiar with the matter.
Earlier this year, the Federal Housing Finance Agency told Congress that Fannie and Freddie had paid $50.1 million in taxpayer money for document production related to securities lawsuits and.
Monday Morning Cup of Coffee: Investors keep sights on real estate DataQuick finds increase in sales of high-end homes in 2010 White House finds home sales, foreclosure activity depressed. – DataQuick finds increase in sales of high-end homes in 2010 Realcomp finds Detroit home sales, prices down again in May December home sales down 5% over a year: RE/MAXIf you have to hear those two words again, you are going to throw your fucking computer out the window. It’s Monday morning at 8:00. You are on a sales call with an East Coast customer. You’re normally at the office at 10:00. You’re grumpy. You need a personal day. You are in a Lyft with.