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8 Jan 2012, 11:42 pm
Sarah Raskin is a member of the Federal Reserve's Board of Governors. [read post]
22 May 2009, 1:52 pm
Makinghomeaffordable.gov lists that the following mortgage servicers have contracted with the government under the "Home Affordable Modification Program" as of May 22, 2009:Aurora Loan Services LLCBank of America, NACarrington Mortgage Services, LLCChase Home FinanceCitiMortgage, Inc.CountrywideGMAC Mortgage LLCGreen Tree Servicing LLCHome Loan Services, Inc.Ocwen - see press release Saxon Mortgage… [read post]
7 Apr 2013, 5:20 pm
Related articles Bank Of America To Pay $36.8 Million To Military Members For Improper Forelosures (thinkprogress.org) CFPB issues more guidance on mortgage servicing for servicemembers(lexingtonlaw.com) Banks Uncover Additional Wrongful Foreclosures On Military Members(consumerist.com) Officials Announce $39M Settlement for Unlawful Foreclosures(defense.gov) To serve and protect big banks (salon.com) Illegal foreclosures against… [read post]
26 Oct 2010, 5:47 pm
Lawmakers in Austin got an earful from angry homeowners caught up in a mortgage mess with servicing companies. [read post]
9 Oct 2013, 3:20 pm
The October 16 session will address the servicing rules and the October 17 session will address the origination rules. [read post]
4 Aug 2014, 8:13 am
Andreano, Jr.The American Bankers Association has sent a letter to the CFPB requesting several clarifications to the mortgage servicing rules. [read post]
31 Jul 2011, 3:00 pm
But in the coming months, mortgage servicers will be undergoing drastic changes that every interested homeowner should know about. [read post]
18 Mar 2011, 7:00 am
The House Financial Services Committee voted last week to end two federal mortgage programs, both managed by the Department of Housing and Urban Development, citing disappointing results as the primary reason for their ouster. [read post]
8 Dec 2009, 6:21 pm
Today the House Financial Services Committee held a hearing on "The Private Sector and Government Response to the Mortgage Foreclosure Crisis".Jordan E. [read post]
14 May 2008, 9:38 pm
Both the Chair of the subcommittee, Senator Schumer, and the Ranking Member, Senator Sessions had some harsh words for the current state of mortgage servicing in bankruptcy. [read post]
19 Mar 2008, 1:30 pm
Bublick, Miami, Florida, Attorney at Law, Practice Limited to Bankruptcy Law, Member of the Florida Bar since 1983 [read post]
12 Jan 2010, 5:18 pm
Some mortgage servicers may be more favorable to the modification of the first mortgage if the homeowner is no longer required to pay the full amount of his second mortgage, credit cards, and other unsecured debt.Jordan E. [read post]
23 Dec 2009, 8:28 am
The Office of the Comptroller of the Currency and Office of Thrift Supervision just released its "Mortgage Metrics Report for Third Quarter 2009" which provides "performance data on first-lien residential mortgages serviced by national banks and federally regulated thrifts. [read post]
5 Jun 2011, 10:25 pm
Today I'll look at three special protections service members enjoy. [read post]
4 May 2008, 3:01 pm
One possible avenue to save your home from foreclosure may be to file for Chapter 13 bankruptcy relief and then to negotiate with the mortgage servicer for a mortgage modification while the Chapter 13 bankruptcy is pending. [read post]
21 Oct 2013, 2:16 pm
On October 15, CFTC released a bulletin and interim final rule to clarify mortgage servicing rules taking effect in January 2014. [read post]
31 May 2012, 1:27 am
A number of these scams are specifically targeting members of the Armed Services community. [read post]
20 Jun 2010, 8:44 am
MERS (Mortgage Electronic Registration System) is a national electronic registrations system, owned and operated by MERSCORP, used to rack the ownership and servicing rights associated with mortgage loans. [read post]
9 Sep 2020, 10:30 am
Since late July, the CFPB has issued seven consent orders against mortgage companies in which the CFPB asserts that the companies engaged in false and misleading advertising to service members and veterans. [read post]
22 Apr 2012, 12:06 pm
On April 18, the Financial Stability Board (FSB), an international group comprised of representatives from all G-20 member countries and the European Commission, published principles for sound residential mortgage underwriting practices. [read post]
