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8 Jun 2017, 5:39 pm by Christie D. Arkovich, P.A.
In a perfect world, a mortgage creditor should: Timely file accurate proofs of claim for prepetition arrearage; Properly calculate postpetition PITI payment; Continue reading → The post What Should a Mortgage Company Do During and Following a Bankruptcy? [read post]
26 Sep 2023, 6:00 pm by Damon Duncan
Make sure your mortgage company is reporting your payments accurately to credit bureaus. [read post]
29 Jul 2013, 6:30 am by Carlos A. Kelly
Professor Hockett, who has advised Mortgage Resolution Partners, the company offering to work with local governments to use their powers of eminent domain to acquire underwater mortgages, introduced this concept with an earlier article. [read post]
4 Apr 2023, 8:03 am by sydneygallek
Valon Mortgage’s Better Business Bureau profile shows that the company is unaccredited and rated 1 out of 5. [read post]
29 Dec 2011, 8:07 am by Michael Wasserman
The Recorders charge fees based on the number of pages in any given document,This causes problems for residential mortgage lenders who are obligated by federal regulations to give their borrowers accurate "good faith estimates" of their closing costs, but may not know exactly how many pages of mortgage paperwork a borrower will need to sign at closing,. [read post]
29 Jun 2010, 1:16 pm by Kurt O'Keefe, Attorney at Law
Your mortgage company will probably ask you to reaffirm your mortgage after you file Chapter 7 bankruptcy. [read post]
9 Jun 2011, 7:25 am
A Fortune Magazine investigation revealed that Countrywide's mortgage securitizations may be invalid after testimony from a company official, who said many loans weren't properly handled. [read post]
10 Jul 2009, 5:00 am
  As with disclosure by companies, the threat of an action under 10b-5 will likely induce a more accurate and transparent mortgage process. [read post]
14 Mar 2012, 8:43 am by William McGrath
On Tuesday, March 13, 2012, the SEC announced that it had filed claims against the CEO, CFO and Chief Accounting Officer of Thornburg Mortgage Inc., which used to be one of the nation’s largest mortgage companies, alleging that the three executives hid "the company’s deteriorating financial condition at the onset of the financial crisis" in the company's Annual Report. [read post]
The consent order represents the CFPB’s eighth consent order since late July, 2020 against a mortgage company to settle allegations by the CFPB that the company engaged in false and misleading advertising to service members and veterans. [read post]
22 Feb 2012, 9:15 am by Bryan Fears
Once you have called your loan servicer, follow up by contacting the mortgage company and request verification that it holds your mortgage note. [read post]
13 Jun 2017, 9:15 am by Larry Tolchinsky
Ocwen has not sent borrowers accurate statements on mortgage balance, total payments received, etc. [read post]
2 May 2020, 2:18 pm by Christie D. Arkovich, P.A.
At that point, the mortgage company can either: Remain silent – the credit reporting agency must accept the information you provided; or Accurately report information. [read post]
19 Oct 2011, 2:07 pm
But the court cannot require a first mortgage company on a primary home to reduce the principal balance on their home. [read post]
28 Apr 2010, 2:36 am by John Watts & M. Stan Herring
Homeowners often wonder "Why won't the mortgage company (or servicer) agree to modify my loan so I can avoid foreclosure and still make payments every month? [read post]
30 Aug 2019, 8:48 am by JacksonWhite Law
This involves a third-party company providing you with the funds you need to buy real estate, which you pay back with interest over time. [read post]
28 Apr 2012, 8:50 pm
According to Bloomberg, the insurance company bought over $757 million in residential mortgage-backed securities from the financial firm in 2006 and 2007. [read post]
13 Aug 2014, 3:00 pm by Richard J. Andreano, Jr.
Andreano, Jr.On August 12, the CFPB announced that it has issued a Consent Order under which Atlanta-based Amerisave Mortgage Corporation, its affiliate appraisal management company, Nova Appraisal Management Company, and a principal and indirect owner of both companies, Patrick Markert, agreed to pay nearly $21 million for deceiving and overcharging consumers in a bait-and-switch mortgage-lending scheme. [read post]