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1 Dec 2008, 3:32 pm
The bottom line- look into the process because it may save you closing costs in a New York State refinance. [read post]
29 Dec 2011, 8:07 am
Title Insurance Companies owned by Fidelity National (including Chicago Title Insurance) have a announced a new policy that will, among other things, help Buyers, Mortgage Lenders, and Attorneys estimate closing costs more accurately.Effective January 1st, 2012, the Fidelity companies will charge Buyers a flat rate to record closing documents with local county recorders of deeds.County Recorders of Deeds keep the "official" public registry of all land title transfers and… [read post]
11 Aug 2010, 10:00 am
Fannie Mae and Freddie Mac wont purchase a mortgage from the front line lenders if your credit score is below 620. [read post]
12 Sep 2017, 6:15 am
” Bottom line: Cosigning for another's debt is not a prudent idea and should be avoided. [read post]
2 Dec 2009, 4:30 am
New Jersey Carpenters Vacation Fund v. [read post]
18 May 2012, 3:00 am
Mortgage Fraud Blog - Perp Walk - 10 new articles In This Issue... [read post]
24 Mar 2008, 3:46 am
Carrington Capital Management, a $1 billion hedge fund specializing in mortgages, is trying to persuade its investors to lend it up to $200 million to replace bank loans, in the latest sign of concern about banks pulling credit lines to hedge funds, The Financial Times reported. [read post]
29 Jun 2011, 11:37 am
The New York Times's business reporter Nelson D. [read post]
7 Sep 2010, 1:19 am
For investors who believe the credit rating agencies have escaped responsibility for sins committed during the mortgage mayhem, the wrist slap last week of Moody's Investors Service by the Securities and Exchange Commission was just the last in a long line of missed opportunities, Gretchen Morgenson writes in her Fair Game Column for The New York Times. [read post]
23 Jan 2008, 2:32 am
The Mortgage Bankers Association said in a new report that mortgage lenders modified 54,000 loans and established 183,000 repayment plans in the third quarter, a period in which there were 384,000 new foreclosures. [read post]
24 Oct 2011, 5:26 pm
Here's an excerpt from the article: According to a recent report by The New Bottom Line, a coalition of labor groups and grassroots networks, if all underwater mortgages were written down to market value and refinanced into thirty-year fixed mortgages, it would add about $71 billion a year to the economy and create 1 million jobs. [read post]
11 Dec 2009, 2:02 pm
The Obama administration’s Making Home Affordable program has helped 24 percent of eligible borrowers initiate mortgage modifications with their lenders – up from 20 percent a month earlier – but a much smaller proportion have progressed from a trial phase into a permanent plan, according to new data. [read post]
24 Nov 2008, 3:41 am
However, as Luke Mullin notes, the post-election world is a whole new era for Democrats eager to make the evil banking business pay for its sins, and, at the same time, to help consumers who can't pay their home loans today prove that they won't be able to pay a stripped down mortgage a few months or years hence. [read post]
9 Jul 2014, 10:05 am
Witkowski, 68, Flemington, New Jersey, a former lawyer, admitted he conspired to participate in a scheme that caused lenders to release $40.8 million based on fraudulent mortgage loan applications and conspired to launder the proceeds of the fraud. [read post]
31 Jul 2014, 5:59 pm
Linda Yarleque, 44, and Fabio Moreno Vargas, 47, Bergen County, New Jersey, husband and wife, were both sentenced to prison for lying about their employment, income, and other financial information in order to fraudulently obtain millions in mortgages. [read post]
28 Mar 2008, 4:39 pm
Certified Colorado Mortgage Broker James Spray has passed along news about two efforts to curtail avoidable foreclosures in Colorado. [read post]
10 Dec 2011, 8:47 am
Atrios points to this stranger Felix Salmon post about Treasdury's incompetence and/or malfeasance regarding the mortgage crisis. [read post]
10 Dec 2011, 8:50 am
Atrios points to this strange Felix Salmon post about Treasury's incompetence and/or malfeasance regarding the mortgage crisis. [read post]
16 Oct 2008, 2:24 pm
Just like the home mortgages, banks knowingly issue credit card debt, which consumers use. [read post]
10 Jul 2015, 9:02 am
Mortgage Fraud Blog. [read post]
