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24 May 2011, 8:34 am
Many of these second mortgages were granted during the housing bubble, when home prices were going in one direction only -- up, up and up. [read post]
14 Apr 2012, 6:45 am
On April 9, the CFPB previewed its upcoming mortgage servicing rules, which likely will be proposed this summer and finalized in January 2013. [read post]
13 Dec 2018, 2:32 am
The EU Mortgage Credit Directive (MCD) sets out the EU’s framework of conduct rules for mortgage firms. [read post]
5 Sep 2013, 6:35 pm
A Nassau County Custody Lawyer said the special Term erred in directing plaintiff to delete the last paragraph from the proposed mortgage note of the proposed mortgage. [read post]
9 Sep 2014, 12:19 pm
., for her alleged role in a mortgage modification scheme whereby she directed victims to send mortgage payments to her personal P.O. [read post]
15 Jul 2014, 5:54 am
And the settlement directs Citigroup to hire former Eric Holder associate Thomas Perrilli, now at Jenner & Block, for a monitorship that is likely to prove an extremely lucrative plum [Reynolds Holding, Alison Frankel] Tweet Tags: banks, Crisis of 2008, mortgages, settlement monitorsCitigroup to pay $7 billion in mortgage settlement is a post from Overlawyered - Chronicling the high cost of our legal system [read post]
7 Oct 2014, 2:00 am
As reported by the New Jersey Spotlight, two new New Jersey mayors are moving in different directions on the underwater mortgage issue. [read post]
13 May 2013, 12:12 pm
On May 6, the FHFA announced that it is directing Fannie Mae and Freddie Mac to limit future mortgage acquisitions to loans that fall under the requirements for a qualified mortgage. [read post]
22 Dec 2021, 6:03 am
In which case the lender will, once they have ‘taken possession’ from the borrower, have the right to end the tenancy, for example under section 21 (if this is something that the landlord would have been entitled to do) and can direct the tenants to pay the rent to them in the meantime. [read post]
16 May 2012, 9:28 am
This decision may signal a change in direction for other courts and open up opportunities for distressed homeowners. [read post]
26 Jun 2011, 2:23 pm
In Houston, under Jones’ direction as a non-producing manager, the company is building a team of skilled originators to deliver the same high level of commitment to community and customer service that it is known for. [read post]
24 Jul 2008, 4:09 am
Your lender will likely need to see proof of your ex’s legal obligation to pay, the mechanism by which he or she pays (direct payment or wage garnishment, for example) and your ex’s payment history. [read post]
29 Aug 2021, 3:41 pm
Even through forbearance can still be requested for another month or so, the program will eventually come to an end along with the foreclosure moratorium, and borrowers will need to know their options after mortgage forbearance ends to know what direction to go and have a plan for the future. [read post]
24 Jan 2016, 8:42 pm
This case involves patent claims directed to systems and methods for assisting borrowers to obtain loans. [read post]
12 Dec 2023, 8:42 am
On 11 December 2023, the European Banking Authority (EBA) published a peer review report on the supervision of creditors’ treatment of mortgage borrowers in arrears under the Mortgage Credit Directive (MCD), which assesses the conduct supervisory approaches of competent authorities in this area. [read post]
25 Nov 2013, 10:20 am
MishkinOn December 4, the Fed will be holding a webinar on small creditor qualified mortgages. [read post]
9 May 2012, 10:15 am
However the new budget for the year has directed $50 million of these funds to go to the state coffers to balance the budget. [read post]
9 May 2012, 4:42 am
According to a report in the Huffington Post: The Department of Justice is preparing a lawsuit against Wells Fargo, the nation's largest home mortgage lender, for allegedly preying upon African American borrowers during the housing bubble and steering them into high-cost subprime loans, according to three people with direct knowledge of the probe. [read post]
24 Aug 2014, 5:31 pm
The first is that the CFPB expects all mortgage servicers to maintain a robust Compliance Management System (“CMS”). [read post]
5 Sep 2011, 6:45 am
The Massachusetts Attorney General Martha Coakley has reached the agreement with mortgage originator Option One in response to claims of unfair and discriminatory subprime mortgage practices. [read post]
