Search for: "Residential Mortgage"
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13 Oct 2010, 7:06 am
Media outlets have heralded the decisions of certain large banks to suspend their residential foreclosure proceedings. [read post]
22 Nov 2017, 6:08 am
The Appellate Court of Illinois, Second District, recently held that even though the Illinois Residential Mortgage License Act (“IRMLA”) was applicable to a lender that only made one loan in Illinois, an amendment to the IRMLA provided an exception to the law of the case doctrine and under the amendment the mortgage was not void Read more → Jeffrey Karek [read post]
18 Oct 2018, 9:42 am
“This settlement holds Nomura accountable for its fraudulent conduct in connection with its Residential Mortgage-Backed Securities offerings,” stated US Attorney Richard Donoghue. [read post]
14 Nov 2019, 2:03 pm
Paul Mangione, a former Deutsche Bank executive, has reached agreement, with the United States to settle a civil action filed in September 2017 in which the United States sought civil penalties for Mangione’s conduct in connection with Deutsche Bank’s marketing and sale of two residential mortgage-backed securities (RMBS) in 2007. [read post]
22 Aug 2018, 11:17 pm
Our Residential Real Estate team is available to discuss any questions you may have about the legal implications of a reverse mortgage, or to connect you with local lenders who can provide you with more information. [read post]
20 Aug 2007, 11:37 am
The Mainsail II fund was invested in securities backed by commercial and residential mortgages, as well as collateralized [...] [read post]
4 May 2011, 3:00 am
Henry Rose (Loyola Chicago) has posted The Due Process Rights of Residential Tenants in Mortgage Foreclosure Cases (New Mexico Law Review) on SSRN. [read post]
18 Jun 2007, 1:18 pm
Apparently Arizona has recently been a haven for mortgage fraud problems, Arizona ranks seventh in the country in the number of mortgage-fraud cases. [read post]
12 May 2008, 9:19 am
" In a class action against three mortgage lenders, a Missouri jury ordered defendants Residential Funding Company LLC, Household Finance Corporation III and Wachovia Equity Servicing LLC to pay $5.1 million in compensatory damages and $99,000,000.00 in punitive damages. [read post]
27 Oct 2013, 7:09 am
This would continue to be the case, unless there is a change in the practices of residential mortgage lender. [read post]
10 Aug 2009, 5:12 am
" We know that mortgage notes are sold by negotiation under Article 3 of the UCC and the mortgages or deeds of trust are assigned. [read post]
8 Jan 2019, 1:48 pm
Mortgage Fraud Blog. [read post]
30 Apr 2009, 9:11 pm
Today, the Senate voted on Senate Bill 61, the bill which would allow homeowners, consumers, everyday Americans, to modify their residential mortgages in bankruptcy. [read post]
3 Feb 2012, 12:48 am
Kareem Serageldin, David Higgs, and Salmaan Siddiqui, respectively, Credit Suisse Directors, have been charged with fraudulently inflating the prices of asset-backed bonds which comprised subprime residential mortgage backed securities (“RMBS”) and commercial mortgage backed securities (“CMBS”) in Credit Suisse’s trading book in late 2007 and early 2008. [read post]
29 May 2012, 4:08 am
Issuers of subprime residential mortgage-backed securitizations are required to disclose historical performance information for past securitizations that contain mortgage loans similar to those in the subprime residential mortgage-backed securitizations being offered to investors. [read post]
19 Dec 2011, 1:26 pm
” Accordingly, the Department apparently will not enforce the MLA against a residential seller who finances a portion of the purchase price and takes back a residential mortgage on property that it is selling, even if the mortgage is not from an immediate family member, provided that the seller take back three or less mortgages in a calendar year. [read post]
11 Dec 2013, 12:58 pm
There has also been a steep decline in the mortgage delinquency rate, or the share of mortgages 90 days or more past due, dropping from 22.4% to 16.2%. [read post]
21 Jan 2008, 6:42 pm
At present, only non-residential mortgages can be modified in Chapter 13 bankruptcy. [read post]
25 May 2012, 11:10 am
The Residential Mortgage-Backed Securities Working Group has launched a whistleblower website to report fraudulent activities in the mortgage-backed securities market. [read post]
15 Mar 2016, 1:14 pm
What Are The Expenses To Sell and Purchase Florida Residential Real Estate? [read post]
