Search for: "Home Loan Corporation"
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12 Jan 2015, 7:00 pm
Loan-out companies can take many different forms such as LLC, an S-Corporation or a C-Corporation. [read post]
4 Nov 2010, 8:49 am
MIAMI, Oct. 28 /PRNewswire/ -- The Ferraro Law Firm, Daniels Kashtan and The Burton Firm filed a Class Action lawsuit yesterday against BAC Home Loans Servicing, LP, a Texas Limited Partnership, a subsidiary of Bank of America Corporation, and successor in interest to Countrywide Home Loans Servicing, LP, a Texas limited partnership; Deutsche Bank National Trust Company, a New York corporation; and U.S. [read post]
31 Dec 2009, 6:21 pm
Well, we can summarize four type of owners of mortgage notes: -the originator (the rarest of cases), -a securitized trust (known as a REMIC), -Fannie Mae (Federal National Mortgage Association) -or Freddie Mac (Federal Home Loan Mortgage Corporation). [read post]
13 Feb 2014, 2:00 pm
This offers some wonderful convenience and efficiencies in an otherwise inconvenient, aggravating and grossly inefficient process.FHA joins The Federal Home Loan Mortgage Corporation (FHLMC) which already allows e-signature on initial loan documents.Plainly, there are a great many documents that must be generated to apply for, process, and document residential mortgage loans. [read post]
2 Feb 2015, 7:01 am
On January 15, 2015, the Federal Home Loan Bank of San Francisco (FHLB) agreed to a $459 million settlement with various banks stemming from the sales of billions of dollars of RMBS. [read post]
19 Mar 2013, 10:16 am
On March 8, the Federal Housing Finance Agency (FHFA), acting as conservator for the Federal Home Loan Mortgage Corporation (Freddie Mac) commenced litigation in the Supreme Court of the State of New York against Decision One Mortgage Company, LLC (Decision One), and HSBC Finance Corporation (HSBC) (as an alleged successor in interest). [read post]
16 Mar 2023, 12:05 pm
On February 27, 2023, the Consumer Financial Protection Bureau (CFPB) entered into a consent order against RMK Financial Corporation d/b/a Majestic Home Loan (RMK), a California-based mortgage lender, based on allegations that it falsely implied government endorsement of its home loans in its marketing. [read post]
20 Aug 2012, 2:26 pm
Under the Dodd-Frank Act, mortgage loans are higher-risk if they are secured by a consumer's home and have interest rates above a certain threshold. [read post]
1 Dec 2011, 6:39 am
Wachoiva Mortgage Corporation financed these eight loans for about $2.5 million. [read post]
3 Sep 2019, 1:49 pm
In 2018, our client entered into a variable rate mortgage agreement with the Wells Fargo Bank, N.A. in order to purchase a residential home. [read post]
30 Jul 2014, 8:36 am
Yesterday the Consumer Financial Protection Bureau, along with 13 state attorneys general (including from my new home state of Indiana), announced a $92 million settlement and issued an enforcement action against Colfax Capital Corporation and Culver Capital, LLC, known as Rome Finance, for targeting military families (and other consumers) with predatory loans to buy electronics, such as computers and televisions. [read post]
10 Apr 2007, 5:18 am
Countrywide Home Loans, Inc., the District Court for the... [read post]
16 Dec 2011, 8:24 am
The SEC charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal... [read post]
25 Oct 2016, 11:11 am
Be sure to check out the new interactive collection of maps, Mapping Inequality: Redlining in New Deal America, which allows viewers to look through the original risk maps created by the Home Owners' Loan Corporation. [read post]
3 Oct 2010, 1:47 am
The student loan creditor, Educational Credit Management Corporation, (“ECMC”) fought poor Ms. [read post]
3 Jul 2014, 4:17 pm
FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages (AUD-2014-014) - 07/01/2014 “Banks that traditionally service mortgage loans backed by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (the Enterprises) have been selling the rights to service troubled loans (e.g., delinquent or in default) in bulk to new companies specialized… [read post]
31 May 2023, 12:46 pm
In recent news, corporate woke scores are needed to acquire loans. [read post]
25 Feb 2009, 5:00 am
The ban on loans to executive officers and directors were ensconced in the Exchange Act. [read post]
18 Jun 2009, 6:46 am
The Costa Mesa loan modification lawyers at Howard | Nassiri LLP fight for homeowners throughout Southern California who need help to keep their homes. [read post]
19 Jan 2011, 5:30 am
News outlets are reporting that the Federal Deposit Insurance Corporation (FDIC) is considering implementing stricter requirements for those mortgage-servicing companies who also own the second mortgage on the homes they service. [read post]
