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20 Oct 2010, 3:00 pm
The following Press Release is from the NYS Unified Court System: New York Courts First in Country to Institute Filing Requirement to Preserve Integrity of Foreclosure Process NEW YORK – The New York State court system has instituted a new filing requirement in residential foreclosure cases to protect the integrity of the foreclosure process and prevent wrongful foreclosures. [read post]
30 Apr 2012, 4:00 am
The letter contains suggestions for improving the review process. [read post]
11 Oct 2010, 1:17 am
MERS stands for Mortgage Electronic Registration System. [read post]
11 Oct 2010, 6:17 am
MERS stands for Mortgage Electronic Registration System. [read post]
20 Jun 2017, 6:10 am
Judicial Foreclosures Some Utah foreclosures are judicial, meaning that they are carried out through the state court system. [read post]
27 Jul 2009, 1:30 pm
As reported in a earlier post, the New York Times is reporting that Delphi's board of directors met late today to formally approve the lenders' credit bid.Research for this article performed using the netDockets Precedent Research System for Corporate Bankruptcy [read post]
20 Feb 2019, 11:31 am
Foreclosure is a legal process through which a lender invokes a number of rights against an underlying property after a borrower has allowed a mortgage loan to go into default. [read post]
2 Oct 2010, 7:08 am
The opinion is a scathing indictment of the securitized mortgage lending system and its non-compliance with Massachusetts foreclosure law. [read post]
23 Jan 2012, 1:30 am
In the interest of promoting a more efficient and cost-effective court system, the Ohio Supreme Court and its Advisory Committee on Technology promoted the goal of Ohio counties converting to a mandatory e-filing system. [read post]
29 Oct 2015, 6:18 am
In addition to litigation concerns, lenders should be prepared to incur additional costs implementing the new system. [read post]
16 Mar 2023, 3:42 pm
On March 9, the FTC unanimously voted to block the proposed merger between the nation’s largest provider of home mortgage loan origination systems (LOS) and other key lender software tools, and its top competitor that offers the same services. [read post]
19 Sep 2012, 6:41 am
These proceedings also tend to be completed in a fraction of the time a similar process might take in the US, which is another attractive feature of the Canadian real estate lending market. [read post]
19 Dec 2012, 4:00 am
Variables used in credit scoring and automated underwriting systems are also to be evaluated for fair lending compliance. [read post]
13 Apr 2014, 4:51 am
And with outcome-focused regulation, robust processes and systems need to be in place to manage risk and deter fraud. [read post]
16 Oct 2015, 10:40 am
After your loan account becomes delinquent by a pre-set number of days, the automated computer system orders the property inspection. [read post]
16 Oct 2015, 10:40 am
After your loan account becomes delinquent by a pre-set number of days, the automated computer system orders the property inspection. [read post]
9 Mar 2007, 3:12 pm
EDP Medical Computer Systems, Inc. v. [read post]
17 Feb 2011, 5:38 am
If more courts agree that this process doesn't conform to their own state laws, the system itself may be in trouble. [read post]
15 Aug 2022, 1:45 pm
In ancient Greece, the modern concept of bankruptcy did not exist; however, there was a system in place for a lender to recoup their losses when a borrower defaulted on their debts – which entailed the temporary enslavement of the borrower’s entire family. [read post]
7 Aug 2016, 6:29 am
” Even so, the trial court reasoned, the outcome was “fair in light of lender’s multiple squandered opportunities to ‘avail itself of the benefits of Vermont’s judicial process. [read post]
