Search for: "PNC Home Mortgage" Results 1 - 20 of 56
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29 Nov 2018, 11:58 am by Wolfgang Demino
Unlike with securitized mortgages, there were no homes as secured real assets to foreclose on, leaving collection lawsuits against borrowers and cosigners, followed by execution on nonexempt assets and garnishment, as forcible collection tools. [read post]
2 Oct 2018, 7:35 am by MBettman
Case Background Christopher Burd got a loan from Centennial Home Mortgage LLC in September of 2006, and signed a note promising to repay the loan. [read post]
7 Jul 2017, 2:57 am by Walter Olson
New Treasury report lambastes CFPB, calls for reforming its powers [Thaya Brook Knight, Alex Spanko/Reverse Mortgage Daily, text of report] Very likely headed for Supreme Court: “En banc D.C. [read post]
21 Sep 2015, 5:53 pm
 The realtors encouraged Borrowers to purchase a new home before selling their current home by obtaining home equity lines of credit ("HELOCs") against their current homes and then obtain a primary mortgage for the new home. [read post]
10 Oct 2014, 7:40 am by MBettman
Case Background In December of 2002, George and Bridget Kuchta signed a note and mortgage with Wells Fargo Home Mortgage, Inc. [read post]
21 Aug 2013, 3:23 am by Thornhill Law Firm, A PLC
Twenty five percent of mortgage backed securities (MBS) are owned by banks and credit unions, while only five percent of MBS are owned by REITS. [read post]
11 Apr 2013, 8:10 pm by Thomas McAvity
The settlement itself will dole out nearly four billion in cash to borrowers whose primary homes were in any stage of foreclosure in 2009 or 2010 and whose mortgages were serviced by Aurora, Bank of America, Citibank, Goldman Sachs, HSBC, JPMorgan Chase, MetLife Bank, Morgan Stanley, PNC, Sovereign, SunTrust, U.S. [read post]
20 Nov 2012, 2:05 pm by Phillips & Cohen
The latest settlements bring the total amount recovered so far from the whistleblower lawsuit to $162 million.The mortgage lenders that settled the whistleblower lawsuit and the amounts they paid are: Countrywide Home Loans Inc. ($45 million), PNC Bank ($38 million), First Tennessee Bank ($16 million), SunTrust Mortgage ($10.2 million) and CitiMortgage ($7.5 million).In March, JPMorgan Chase agreed to pay $45 million to settle similar claims against it.The… [read post]
14 Jul 2012, 9:01 am
It's part of an enforcement action agreement, in which 14 mortgage servicers (Chase, Citibank, Bank of America, PNC Mortgage, Wells Fargo, MetLife Bank, HSBC and others) hired independent consultants to examine their alleged foreclosure abuses and they would in turn compensate anyone who suffered financial harm as a result of those abuses. [read post]
21 Jun 2012, 6:26 am by Philip R. Stein
PNC Financial Services Group Inc. said on June 12 that it is increasing reserves ten-fold, to $350 million, to cover demands, while Bank of America Corp., the second-biggest U.S. lender, said in May that it will buy back $330 million of home loans from Freddie Mac. [read post]
27 May 2012, 10:44 am by Ray Garcia
They include the following: -SunTrust Bank -HSBC -EverBank -MetLife -Goldman Sachs -OneWest -US BankCorp - PNC Financial Services The addition on Goldman Sachs was surprising to many considering Goldman Sachs never played a major role in the mortgage processing industry. [read post]
25 Mar 2012, 2:19 pm by Law Lady
Supreme Court has vacated a 2011 ruling by West Virginia's highest court that said pre-dispute arbitration agreements between nursing homes and residents cannot be used to resolve wrongful-death and personal injury lawsuits. [read post]