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5 Nov 2010, 4:03 am by By DEALBOOK
A BlackRock fund will begin financing United States home loans customized for a new breed of residential mortgage-backed securities that avoids the conflicts tainting many of today's private issues, Reuters reported. [read post]
25 Apr 2012, 7:31 pm
H & R Block (HRB) subsidiary Option One Mortgage Corporation has agreed to pay $28.2 million to settle Securities and Exchange Commission charges that it misled investors in over $4B in residential mortgage-backed securities when it failed to let them know that the company’s financial health was deteriorating. [read post]
1 Jun 2012, 4:50 am by Don Maurice
The New York Law Journal reports today (under a pay wall) that the Manhattan DA has indicted Abacus Federal Savings Bank and 11 of its former employees for “residential mortgage fraud” in addition to other alleged criminal acts arising from mortgage loan originations and sales. [read post]
2 Apr 2014, 12:53 pm by Jordan E. Bublick
Recent Developments in the Collection of Deficiency Judgments after Mortgage ForeclosureFor the past 30 years in Miami-Dade County, Florida, large mortgage companies and banks have virtually never pursued a "deficiency" judgment after a mortgage foreclosure on a first mortgage. [read post]
5 Apr 2023, 3:51 pm
Plainfield Residential Real Estate Lawyer A residential real estate attorney assists sellers with the real estate closing process. [read post]
11 Jul 2019, 2:15 pm by Stephanie Abbott
Bradley is charged with Residential Mortgage Fraud in the First Degree, Grand Larceny in the Second Degree, and two counts of Forgery in the Second […] [read post]
10 Aug 2012, 6:32 pm by BuckleySandler
On August 10, the CFPB proposed two sets of rules covering a number of residential mortgage servicing practices. [read post]
17 Nov 2010, 2:02 pm by James Hamilton
The Forum said that it is essential that a balanced definition is developed for the Qualified Residential Mortgage to ensue creditworthy borrowers qualify for the lowest mortgage rate possible. [read post]
26 Jun 2011, 2:23 pm by Tomassi Law Associates
About Churchill Mortgage Founded in 1992, Churchill Mortgage is a prominent and financially sound leader in the mortgage industry, providing conventional, FHA and VA residential mortgages across 25 states. [read post]
27 Mar 2017, 6:53 pm by Roger Stelk
Voluntary liens include mortgages secured against the property by lending institutions. [read post]
3 May 2012, 11:36 am by jefhenninger
  Sixty three days later, we still do not have the formation and staffing of the Residential Mortgage Backed Securities Working Group. [read post]
5 Oct 2011, 8:16 am
Clark, 42, Lee's Summit, Missouri, a former real estate agent, was sentenced in federal court for her role in a $12.6 million mortgage fraud conspiracy that involved 25 upscale residential properties in Lee's Summit and Raymore, Missouri. [read post]
13 Jul 2012, 1:53 am
John Farano, 50, Palos Park, Illinois, and Charles Murphy, 65, Chicago, Illinois, both attorneys, were sentenced along with two others following their convictions for participating in a multi-million dollar mortgage fraud scheme involving at least 40 residential properties. [read post]
26 Dec 2010, 11:22 am by James Hamilton
Brad Miller (D-NC) also urged that any exception to the risk retention requirements of Section 941 of Dodd-Frank include rigorous requirements for servicing securitized residential mortgages. [read post]
29 Jul 2013, 2:00 am by Nicole Kellner-Swick
  Originally adopted in January 2013 and taking effect next January, these rules require residential mortgage lenders to consider a borrower’s ability to repay before extending credit and provide certain protections from liability for “qualified mortgages. [read post]
26 Dec 2018, 1:50 pm by Stephanie Abbott
According to information disclosed in open court, in early 2018 Jones identified two residential properties in Fort Lauderdale, […] The post Man Pleads Guilty to Mortgage Fraud and Identity Theft Scheme appeared first on Mortgage Fraud Blog. [read post]
11 Jun 2012, 1:17 am
Jacquelyn Torado, 42, Westbury, New York, Neal Sultzer, 61, Plainview, New York, and Kevin Hymes, 39, Armonk, New York, and former attorney Michael Schlussel, 50, Merrick, New York, pled guilty to conspiring to commit wire fraud and bank fraud in connection with a $66 million mortgage fraud scheme involving over 100 home mortgage loans for residential properties in the New York City area. [read post]
1 Mar 2011, 4:07 am
The Residential Mortgage Foreclosure Mediation Program was established by Administrative Order of the Florida Supreme Court. [read post]
4 Oct 2012, 9:16 am by Robert Siegel
As we noted in a previous blog post, we believe that big aggregators of residential mortgage loans are attempting to revise history when they claim that they believed all along that all risk of borrower misrepresentations fell on correspondents. [read post]