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20 Jun 2011, 5:13 pm by Michael Wasserman
Tell the owner that his mortgage has been sold to Mega Mortgage Financial Security, Co. and direct all future payments to the scammer's post office box. [read post]
7 Jul 2009, 6:00 am
This data is important because most of the 'solutions' being pushed by various lawmakers and others are directed at the teaser rates, liar loans and other subprime issues that have no significant relationship to the mortgage meltdown and therefore cannot reasonably be expected to solve the problem. [read post]
21 Mar 2011, 9:02 pm
This Interpretation is not necessarily limited to employees whose job title is that of a mortgage loan office, but rather covers all employees in the financial services industry who perform the typical job duties of a mortgage loan officer, such as mortgage loan representatives, mortgage loan consultants, and mortgage loan originators. [read post]
10 Apr 2012, 7:19 am by Richard J. Andreano, Jr.,
Requiring disclosures before the interest rate changes on an adjustable rate mortgage, including when the change will take effect and alternatives the consumer may pursue if the new mortgage payment will not be affordable. [read post]
5 Oct 2015, 8:00 am by Gregory J. Brod
 As background, the press release explains that First Tennessee Bank (along with its affiliates and successors) participated in the FHA Direct Endorsement Lender (“DEL”) program from January 2006 through October 2008. [read post]
11 Nov 2021, 10:19 am by A. Hunter Faulkner, Esq.
Property Owner’s Remedies  If the mortgagee fails to execute and record a Satisfaction of Mortgage within the 60-day period afforded by statute, the mortgagor (property owner) may file suit and seek a court order directing the mortgagee to execute a satisfaction of mortgage or an order extinguishing the lien against the property. [read post]
30 Jan 2012, 9:52 am by James Hamilton
The United States Sentencing Commission has implemented the directives of Section 1079A of the Dodd-Frank Act regarding cases involving securities fraud and cases involving mortgage fraud and financial institution fraud. [read post]
11 Mar 2021, 6:20 am by Hunton Andrews Kurth LLP
NYDFS further alleged that RMS did not conduct an investigation or identify the compromised consumer data until directed to do so by NYDFS in 2020. [read post]
29 Nov 2007, 12:57 pm by rwaple
  I can’t help thinking to myself though, that one of the large causes of the current crisis in the US mortgage industry is the mortgage lenders themselves. [read post]
22 Oct 2013, 7:42 am by Barbara S. Mishkin
MishkinA substantial portion of Director Cordray’s remarks yesterday at the American Bankers Association’s Annual Convention in New Orleans was directed at justifying the Bureau’s decision not to delay the January 2014 effective dates of the new mortgage rules. [read post]
17 Aug 2015, 9:20 am by Laura Sekula
On August 11, 2015, the European Banking Authority (EBA) published its final guidelines (EBA/GL/2015/19) on passport notifications for mortgage credit intermediaries under the Mortgage Credit Directive (2014/17/EU) (MCD). [read post]
19 May 2013, 9:01 pm
  Rather, the court reasoned that mortgage servicing is a contractual agreement between the mortgage servicer and financial institution, with no direct contract between the borrower and the mortgage servicer. [read post]
23 Mar 2020, 8:15 am by Cathy Moran
With economic activity at a dead halt due to COVID-19, California homeowners worry about next month’s mortgage payment. [read post]
13 Aug 2012, 4:58 am by Brian Wolfman
Direct and ongoing access to servicer personnel Delinquent borrowers will be able to contact the right people at their servicer to get information and take steps to avoid foreclosure. [read post]
11 Mar 2009, 11:36 am
For a detailed explanation of the decision, read the original post: “Achieving Aims of Bankruptcy by Allowing Direct Payments under Chapter 13. [read post]
22 Feb 2011, 5:45 am
Opponents fear that the cost of credit, direct costs and interest rates, would soar, causing mortgages to be out of the reach of most Americans. [read post]
If the Chapter 13 bankruptcy has not been discharged for a minimum period of two years, the loan must be downgraded to a Refer and evaluated by a Direct Endorsement (DE) underwriter. [read post]
If the Chapter 13 bankruptcy has not been discharged for a minimum period of two years, the loan must be downgraded to a Refer and evaluated by a Direct Endorsement (DE) underwriter. [read post]