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30 Aug 2011, 12:55 pm by sue.altmeyer@law.csuohio.edu
C|M|LAW’s Fair Housing Clinic will be researching and writing briefs for First American Financial Corporation v. [read post]
17 Aug 2011, 6:00 am by admin
  Reading HUD regulations and handbooks for longer than she’d like me to convey: Denise Muha   Under mark-to-market, (a) HUD decreases rents to market levels, and then (b) if the resulting NOI is not enough to cover debt service, HUD restructures the first mortgage by splitting it into two pieces, a new, lower, hard first, and a soft second loan. [read post]
17 Jul 2011, 9:21 pm by Tomassi Law Associates
The firm has a network of more than 40 affiliate attorneys nationwide and employs highly trained specialists, paralegals, paraprofessionals and administrative staff dedicated to serving clients. [read post]
22 Jun 2011, 6:07 pm
Prospect, IL 60056-5788 AMERICAN SERVICE FINANCE CORPORATION DBA MERCHANTS INTERSTATE COLLECTION AGENCY 640 PLAZA DR STE 310 HIGHLANDS RANCH, CO 80129 AMERIQUEST RECOVERY SERVICES LLC 1845 HIGHWAY 93 SOUTH STE 310 KALISPELL, MT 59901 AMSHER COLLECTION SERVICES INC 600 BEACON PKY STE 300 BIRMINGHAM, AL 35209 APEX FINANCIAL MANAGEMENT LLC 1120 LAKE COOK RD BUFFALO GROVE, IL 60089 APOLLO CREDIT AGENCY INC DBA WESTERN RECOVERY INC DBA ULTRACHEK INC 3501 S TELLER ST… [read post]
22 Jun 2011, 6:07 pm
Prospect, IL 60056-5788 AMERICAN SERVICE FINANCE CORPORATION DBA MERCHANTS INTERSTATE COLLECTION AGENCY 640 PLAZA DR STE 310 HIGHLANDS RANCH, CO 80129 AMERIQUEST RECOVERY SERVICES LLC 1845 HIGHWAY 93 SOUTH STE 310 KALISPELL, MT 59901 AMSHER COLLECTION SERVICES INC 600 BEACON PKY STE 300 BIRMINGHAM, AL 35209 APEX FINANCIAL MANAGEMENT LLC 1120 LAKE COOK RD BUFFALO GROVE, IL 60089 APOLLO CREDIT AGENCY INC DBA WESTERN RECOVERY INC DBA ULTRACHEK INC 3501 S TELLER ST… [read post]
4 Apr 2011, 7:45 pm by Tomassi Law Associates
Following an initial trial period in March involving its Midwest regional market, Kinecta is now ready to roll out these federally-insured loans including first-liens, refinances, and high balance loans to all of its 17 states nationwide. [read post]
10 Feb 2011, 7:14 am by Mandelman
— only Ally has formally signed on to a key part of the plan: reducing mortgage principal on homes that are “underwater,” or worth less than the size of the mortgage. [read post]
9 Jan 2011, 7:06 am
 However, Harp did not raise this issue before JPMorgan cured the defect through the assignment of the mortgage from Nationwide Lending Corp. [read post]
29 Dec 2010, 9:20 am by admin
  Bill White of the VA, former mayor of Houston   Nationwide, about 7.8% of veterans defaulted on their loans during the second quarter of 2010, well below the default rate for loans guaranteed by the FHA, according to data provided by the Mortgage Bankers Association in Washington, D.C. [read post]
18 Nov 2010, 6:50 am by admin
  That’s why strategic mortgage default, whether real or unreal, looms over the industry as such a specter. [read post]
10 Oct 2010, 8:11 am by Mandelman
  He included a man who was foreclosed on even though he didn’t have a mortgage and had paid cash for his home; a home that had two foreclosure suits against it because two servicers claimed to have ownership of the title; and a couple foreclosed on over a $75 late fee that they were in the process of contesting. [read post]
4 Oct 2010, 8:22 am by Christine Hurt
  And apparently, nationwide, lenders are figuring out when trying to foreclose that somewhere along the line, some mistakes were made in great haste either to securitize the mortgage or to foreclose on the mortgage, and the "owner" of the mortgage is not who wants to foreclose on the property. [read post]
29 Sep 2010, 10:05 am
"  The court then noted:The mortgage defines 'Lender' as First Franklin, and MERS as a separate corporation acting solely as a nominee for Lender and Lender's successors and assigns. [read post]
24 Sep 2010, 8:28 am by Keith Kanouse
(c) In 1978, the Federal Trade Commission decided that nationwide, federal regulation was necessary. [read post]
12 Aug 2010, 8:46 am by admin
  Is the convenience of national banking (and, say, no ATM fees nationwide) worth $200 a year to you? [read post]
15 Jul 2010, 11:37 am by James Hamilton
For the first time ever, the over-the- counter derivatives marketplace will be regulated and hedge funds will have to register with the SEC. [read post]