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2 Nov 2015, 5:24 am by Admin
Often, the biggest problem with mortgage deficiency actions related to foreclosed investment property is the possibility of imputed income from debt forgiveness. [read post]
8 Apr 2012, 8:20 am
When those companies reported back to the bureau, about 75 percent said the problem had been resolved. [read post]
30 Dec 2022, 6:00 am by Ana Popovich
Gwen Thrower, a former underwriter for Utah-based Academy Mortgage Corporation, blew the whistle on the mortgage company and alleged it was engaging in improper underwriting and originating procedures. [read post]
18 Sep 2009, 8:37 am
On July 30, 2009, the US District Court for the Eastern District of New York approved a $37.25 million settlement of a subprime-related securities class action styled, In re American Home Mortgage Securities Litigation. [read post]
On February 14, 2019, the Conference of State Bank Supervisors (“CSBS”) announced several actions that it would be taking to modernize and harmonize state licensing, regulation, and supervision of non-depository financial institutions, including mortgage lenders, money services businesses, and consumer finance companies. [read post]
27 Aug 2009, 11:16 am
As far as lawsuits go, it’s not all that legally earthshattering: a six-page complaint between two companies with one alleged cause of action: breach of contract. [read post]
23 Jun 2011, 7:10 am
Our Rancho Cucamonga foreclosure defense attorneys were interested to see a recent decision reminding mortgage companies that they cannot violate the automatic stay on debt collection provided by bankruptcy. [read post]
7 Mar 2008, 7:07 am
The Securities and Exchange Commission's Division of Corporation Finance has denied a "no action" request by Pulte Homes to exclude a proposal on mortgage lending risks. [read post]
3 Sep 2015, 12:42 pm by Heather Cobun
The trustee for failed mortgage lender Thornburg Mortgage Inc. has been awarded more than $45 million in damages in a lawsuit alleging an investment bank improperly liquidated mortgage-backed securities more than eight years ago. [read post]
25 Apr 2017, 7:57 am by Cathy Moran
 The default was $38,000 before the lender took action. [read post]
20 Jul 2015, 2:19 pm by Kendal Sanders
How does another bank or company become a legal holder of your promissory note and mortgage? [read post]
24 Jan 2008, 7:04 pm
Fidelity is the company that provides default servicing to most of the large residential mortgage servicers. [read post]
7 Sep 2011, 7:47 am by guest-writer
The FHFA (which oversees Fannie and Freddie) is taking legal action in part because of the devastating financial consequences the two companies faced. [read post]
14 Jul 2009, 8:57 am
If you are behind on your mortgage payments on your home in Saginaw and you may want to consider offering your mortgage company a deed in lieu of foreclosure. [read post]
14 Dec 2007, 9:29 am
The Securities and Exchange Commission has rejected a "no action" request by Beazer Homes to exclude a new proposal by the Indiana Laborers' Pension Fund that seeks a report on the company's mortgage operations and loan-default risks. [read post]
12 Jul 2013, 12:07 pm by Sheppard Mullin
Many of the larger mortgage companies have already been hit, and now plaintiffs' lawyers are starting to burn through the smaller ones as well. [read post]
The post Beware of Phishing Attacks—Actionable Advice to Protect Your Company’s Data appeared first on HR Daily Advisor. [read post]
18 May 2009, 6:33 am
The proposed class-action lawsuit alleges that the companies conspired to inflate home values with a third company, LandSafe Appraisal Services, a wholly owned subsidiary of Countrywide. [read post]