Tag Archives: draws

Margin call requirement in FHFA proposal draws concern

A liquidity requirement recommended in response to risk that arose during the initial pandemic-related market disruption in 2020 was among aspects of re-proposed minimum eligibility standards for government-sponsored enterprise counterparties drawing focus on Monday. The 2%-liquidity requirement proposed by the Federal Housing Finance Agency in response to margin calls that occurred two years ago could […]

New Jersey man draws nine-year prison stint for mortgage fraud

It’s the second time in as many days that justice officials have announced prosecution in a mortgage fraud case. Earlier this week, Department of Justice officials revealed that Sergio Lorenzo Rodriguez of Orange County, Calif., pleaded guilty to one count of wire fraud in connection with a fraudulent foreclosure rescue scheme that took in at […]