Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
Loan Modification
: Mortgage Lender Implode-o-MeterFed Ends Exemption Aimed at Adding Mortgage Liquidity
By Implode-Explode Heavy Industries
"The Federal Reserve Board today removed an exemption it had given to six banks at the start of the financial crisis in 2007 aimed at boosting liquidity in financing markets for mortgage- and asset-backed securities.
The so-called 23-A exemptions, named after a section of the Federal Reserve Act that limits such trades to protect bank depositors, were granted days after the Fed cut the discount rate by half a percentage point on Aug. 17, 2007. Their removal is part of a broad wind-down of emergency liquidity backstops by the Fed as markets normalize.
Full post as published by Mortgage Lender Implode-o-Meter on March 19, 2010 (boomark / email).
Whats a Home Loan Modification?
How to Qualify for a Home Loan Modification
Home Mortgages
What to look for
National City Mortgage
$4.6 million payout resolves mortgage suit.
SunTrust Mortgage Faces Class Action over Alleged HAMP Breach of Contract
SunTrust Mortgage Faces Class Action over Mortgage Restructuring
Kentucky lawyers
fraud case ends in mistrial.
Kia Motors America, Inc.
Kia Class Action Ends in $6 Million Verdict for Plaintiffs in NJ
Richard Mellon Scaife
Billionaire divorce lawsuit ends in a $725,000 a month settlement.
Seattle Mortgage Co Faces California Class Action
Seattle Mortgage Co Faces California Class Action

Government to buy residential mortgagebacked securities
PMI Looks to Raise Capital, Faces Liquidity Issues
Reverse Mortgages, Probate Liquidity and Medicaid Eligability
Mortgage Rates Above 5% as 2009 Ends
Fannie Securitizes to Boost Issuance, Liquidity
Fannie, Freddie, & the Fed - A Sunday Announcement









