PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

Former LandCastle Title CEO was Johnson's attorney and "trusted advisor"

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Items Tagged with 'Federal Housing Finance Agency'

ARTICLES

FHFA Senior Associate Meg Burns joins The Collingwood Group

Formerly senior associate director for housing and regulatory policy
Ben Lane
In her new role, Burns will “leverage her considerable regulatory experience and housing policy expertise to promote the development and adoption of policies and initiatives that will help bring greater clarity and confidence to the housing finance industry,” The Collingwood Group said.
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It's official: Risk retention rule approved

Federal Reserve gives last and final approval
Brena Swanson
The final version of the risk retention rule is now officially approved by six federal agencies, following the Federal Reserve’s final approval on Wednesday. The rule contains an exemption for Qualified Mortgages similar to when the rule was proposed in 2013.
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SEC approves risk retention rule, pending Fed approval

Industry continues to weigh in
Brena Swanson
The Securities and Exchange Commission approved the final version of the risk retention rule that would require banks to retain at least 5% of the risk on their books when securitizing loans. Now all that is left is approval from the Federal Reserve.
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Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers
Ben Lane
Sen. Elizabeth Warren, along with Congressman Elijah Cummings, sent a letter this week to the U.S. Government Accountability Office, requesting an investigation into the risks posed to consumers by the “unprecedented” growth in nonbank mortgage servicing.
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Is the Massachusetts AG's run for governor compromised by GSE buyback lawsuit?

Nonprofit CEO also co-chairs Coakley’s campaign finance committee
Ben Lane
Massachusetts Attorney General Martha Coakley stands accused of failing to disclose close ties between her gubernatorial campaign and a nonprofit that’s at the center of the State of Massachusetts’ lawsuit against the Federal Housing Finance Agency, Fannie Mae and Freddie Mac over buyback programs.
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Fannie, Freddie net income slashed in half

Net income no longer buoyed by PLS settlements
Brena Swanson
While the industry is finally calming down from the surge in FHFA PLS settlements, Fannie Mae and Freddie Mac’s net income is no longer buoyed by the giant settlement payments.
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FHFA appoints new chief of staff

Janell Byrd-Chichester joins the agency
Brena Swanson
“Janell brings a broad array of talent, experience and knowledge to the FHFA leadership team and I am pleased to have her aboard,” said FHFA Director Mel Watt. “We look forward to working with her to support the Agency’s goals of ensuring safety, soundness and liquidity in the nation’s housing finance markets.”
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FHFA extends FHLB membership proposed rule comment period

Proposal receives high level of interest
Brena Swanson
Due to the high level of interest in the proposal and requests from multiple stakeholders for more time to evaluate the proposed rule, the Federal Housing Finance Agency extended the comment period for its proposed rule on Federal Home Loan Bank membership by 60 days due.
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FHFA director faces criticism from former allies

Housing advocates want more change
Brena Swanson
While they were the original supporters of his appointment, housing advocates are now frustrated with the lack of changes to housing policy since Mel Watt took over.
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It's official: Home loan banks enter merger agreement

Seattle and Des Moines to join forces
Brena Swanson
“Given the fundamental changes that have occurred in the financial system since the creation of the Federal Home Loan Banks, FHFA views the merger agreement approved by the boards of the Federal Home Loan Bank of Seattle and the Federal Home Loan Bank of Des Moines positively,” FHFA Director Mel Watt said.
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