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31 Oct 2011, 3:00 am
Sewin Chan, Michael Gedal, Vicki Been, and Andrew Haughwout have posted The Role of Neighborhood Characteristics in Mortgage Default Risk: Evidence from New York City on SSRN. [read post]
30 Oct 2011, 6:25 am
(a) Notwithstanding any other provision of law, it shall be unlawful for any person who negotiates, attempts to negotiate, arranges, attempts to arrange, or otherwise offers to perform a mortgage loan modification or other form of mortgage loan forbearance for a fee or other compensation paid by the borrower, to do any of the following: (1) Claim, demand, charge, collect, or receive any compensation until after the person has fully performed each and every service the… [read post]
28 Oct 2011, 7:59 am
Temika Reed, 31, Bay Point, California; Buena Marshall, 65, Sacramento, California; Jake Weathers, 35, Sacramento; Deborah Loudermilk, 53, Suisun City, California; Reginald Dodson Sr., 40, Tracy, California; and Kadesta Harris, 57, Suisun City, have been indicted in connection with a mortgage fraud scheme. [read post]
28 Oct 2011, 1:48 am
The article quotes Choa Jiang, described as senior vice-president of the company’s New York City office, as saying that as a result of “internal control deficiencies” the company’s CEO, CFO and a director were asked to resign. [read post]
27 Oct 2011, 12:23 pm
The re-vamped HARP is designed to allow people who owe significantly more on their mortgages than their properties are worth to re-finance their home. [read post]
27 Oct 2011, 9:57 am
So what’s Citi paying to settle this outrage? [read post]
27 Oct 2011, 9:27 am
The President announced his plan while visiting us here in Las Vegas, which is the “most fun city in the world” and “foreclosure capital” of the world at the same time. [read post]
26 Oct 2011, 12:23 pm
The "Flat Tax" does not eliminate all deductions: it will leave deductions for charitable contributions (highly favorable to the rich who are the ones that make the most such contributions) and mortgage interest (also favorable to the rich, who have the most expensive homes and get the full amount of the interest deduction even with a flat tax), and some health and child care expenditures. [read post]
26 Oct 2011, 7:02 am
Next month, Max is coming to New York City… “What You Need to Know About the UCC for Foreclosure Defense” WHEN: November 19th & 20th WHERE: New York Law School, New York City Max, along with his faculty of expert guest speakers, will be delivering a specially designed in-depth session laser focused on the topic of the UCC’s impact on mortgage securitization… specifically tailored for New York state law. [read post]
26 Oct 2011, 3:03 am
Finally, two individual bankers, one at Goldman and one at Citi, have been charged by the SEC individually for disclosure issues. [read post]
25 Oct 2011, 12:09 pm
Since Miami can be an expensive city, these costs can be substantial. [read post]
25 Oct 2011, 11:27 am
Sewin Chan (NYU Wagner), Michael Gedal (NYU Wagner), Vicki Been (NYU Law), and Andrew Haughwout (Federal Reserve Bank-New York) have posted The Role of Neighborhood Characteristics in Mortgage Default Risk: Evidence from New York City. [read post]
25 Oct 2011, 4:30 am
Harborview mortgage loan trust 2006-4, resolving irreconcilable conflicts,88 Neb. [read post]
24 Oct 2011, 11:34 am
Recently, the Second Circuit Court of Appeals (a significant court that sits in New York City) adopted that rule in Gearren v. [read post]
24 Oct 2011, 10:09 am
A drive down Brickell Avenue reminds one of New York City. [read post]
24 Oct 2011, 9:43 am
Harborview mortgage loan trust 2006-4, resolving irreconcilable conflicts,88 Neb. [read post]
24 Oct 2011, 7:54 am
., a former loan officer with National City Mortgage Company, pleaded guilty to his role in a "straw-borrowing" scheme that netted more than $3.5 million in fraudulently obtained mortgages on 13 properties in five Rhode Island communities. [read post]
21 Oct 2011, 3:16 pm
CHANNEL CONDO LOAN FRAUD RT @syladurantaye: Equitable Groups says four fraudulent mortgages will cost it $14-million. [read post]
21 Oct 2011, 10:57 am
The banks are being targeted because they hold the mortgages for many clinics in the area. [read post]
21 Oct 2011, 9:10 am
This average includes cities such as; Hollywood, Margate, Pompano Beach and Coral Springs. [read post]
