Search for: "CITIGROUP MORTGAGE LOAN SERVICES"
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4 Sep 2007, 8:24 pm
Servicers of securitized mortgages should review the governing documents for the securitization trusts to determine the full extent of their authority to restructure loans that are delinquent or in default or are in imminent risk of default. [read post]
7 Apr 2010, 2:21 am
" Citigroup Mortgage Loan Trust: In an April 6, 2010 order (here), Southern District of New York Judge Leonard Wexler held granted in part and denied in part the motions to dismiss in the lawsuit relating to mortgage-backed securities issued by Citigroup Mortgage. [read post]
21 Aug 2023, 9:42 am
These resolutions include settlements with the following banks, mortgage originators, and rating agencies: Ally Financial; Aurora Loan Services; Bank of America; Barclays; Citigroup; Credit Suisse; Deutsche Bank; General Electric; Goldman Sachs; HSBC; JPMorgan; Moody’s; Morgan Stanley; Nomura; Royal Bank of Scotland; S&P; Société Générale;… [read post]
12 Oct 2010, 12:09 pm
Sometimes these loans are still owned by the lender but often, the banks are merely the loan servicer acting on behalf of the owner. [read post]
5 Feb 2012, 10:44 am
This sets up the potential for conflicts of interest among mortgage service companies that are suppose to represent investors owning mortgage loans bundled into securities. [read post]
29 Mar 2023, 11:15 am
At the outset, state-chartered savings and loan associations (S&Ls, or thrifts) filled a gap left by commercial banks, which did not finance home mortgages. [read post]
18 Apr 2012, 7:42 am
Next look at Citigroup, which had mortgage loans in foreclosure that totaled about $7 billion, with another $10 billion in others-serviced loans. [read post]
3 May 2009, 7:41 pm
No where in her article is any mention of the major argument made by opponents of the amendment, that a cram down right would increase the cost of first residential mortgage loans. [read post]
8 Dec 2009, 1:01 am
 Servicers have the authority to modify mortgages in at least 92% of cases, and probably more. [read post]
27 Oct 2010, 8:59 pm
Each time a mortgage is foreclose on, they are losing at least 30-40% of their investment. [read post]
27 Oct 2010, 8:59 pm
Each time a mortgage is foreclose on, they are losing at least 30-40% of their investment. [read post]
5 Apr 2018, 7:55 pm
Foster v National Collegiate Student Loan Trust 2007-4. [read post]
25 Mar 2010, 4:17 am
And five weeks ago, Bank of America, the largest mortgage servicer in the country with three million seconds signed up. [read post]
22 Apr 2009, 5:26 pm
Lenders participating in the program, as of April 16, 2009, are JPMorgan Chase, Wells Fargo, Citigroup, GMAC Mortgage, Saxon Mortgage Services and Select Portfolio Servicing. [read post]
13 Mar 2012, 5:08 am
· Homeowners receive comprehensive new protections from new mortgage loan servicing and foreclosure standards (see below). [read post]
4 Mar 2013, 12:38 am
Second, in May 2011, Citigroup filed an action in the Central District of California against Impac, alleging violations of Sections 18 and 20 of the Securities Act of 1934, as well as negligent misrepresentation in connection with the Citigroup’ s purchase of certain other certificates. [read post]
8 Sep 2011, 4:20 pm
Unfortunately, in Nevada, where 262,622 Countrywide loans were originated, foreclosure issues piled up, as did complaints about the bank’s loan service practices. [read post]
18 May 2011, 7:49 pm
No, Stern claims those mortgage giants, as well as Bank of America, Aurora Loan Services, Citigroup and others owe him a boatload of unpaid attorneys fees, and, by crikey, he wants them to pay up pronto! [read post]
21 Jul 2011, 12:47 pm
The Reuters investigation has revealed that at least 5 of the 14 mortgage loans servicers who signed those consent orders are violating them: Bank of America, HSBC, Bank USA, GMAC Mortgage, One West, and Wells Fargo. [read post]
31 Aug 2007, 8:30 am
" This "new" market is attracting some big names in the financial services sector: Capital One and CitiGroup, for example, are introducing new, zero-percent loans for qualified customers. [read post]
