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28 Aug 2012, 2:03 pm by By MICHAEL J. DE LA MERCED
The Securities and Exchange Commission has disclosed that is investigating Residential Capital, the home lending arm of Ally Financial that is now in bankruptcy, for potential instances of mortgage fraud. [read post]
19 Oct 2010, 2:50 pm by Hunton & Williams LLP
Recently, in addition to questions regarding certain residential mortgage foreclosure processing improprieties, concerns have been expressed regarding the validity of certain transfers of residential mortgage loans in securitization transactions. [read post]
A topic of much concern is liability in a residential mortgage foreclosure in Florida.In the origination of a typical residential mortgage transaction, there are two instruments - the promissory note and the mortgage. [read post]
19 Jul 2012, 2:00 am by Damon Duncan
Yes, in some cases, you can lower your mortgage on a non-residential piece of property. [read post]
3 Oct 2017, 7:51 am by Ernest Wagner
The Supreme Court of New Jersey reversed the decision of the Appellate Court, and held that a settlement that a borrower and a lender reached during mediation pursuant to the Residential Mortgage Foreclosure Mediation Program was enforceable because the borrower fulfilled all contingent terms making the agreement permanent. [read post]
20 Nov 2012, 12:35 pm by Securites Lawprof
The New York AG filed a Martin Act complaint against Credit Suisse Securities (USA) LLC and its affiliates for making fraudulent misrepresentations and omissions to promote the sale of residential mortgage­-backed securities (RMBS) to investors. [read post]
8 Sep 2023, 7:02 am by Lisa Lanham and Loran Kilson
The Ohio Department of Commerce, Division of Financial Institutions is amending the rules that implement the state’s Residential Mortgage Lending Act. [read post]
9 May 2011, 4:35 am by Ezra Rosser
New Article: Henry Rose, The Due Process Rights of Residential Tenants in Mortgage Foreclosure Cases, 41 New Mexico L. [read post]
11 Mar 2011, 8:30 am by propertyprof
[The following was published in Huffington Post on March 9th] The New York Times ran a story earlier this week suggesting that if Fannie Mae and Freddie Mac cease to exist, the 30-year fixed-rate residential mortgage loan would become a... [read post]
16 Aug 2012, 7:47 am by BuckleySandler
On August 13, FinCEN reminded non-bank residential mortgage lenders and originators (RMLOs) that their obligation to comply with new anti-money laundering (AML) regulations started this week. [read post]
29 Jan 2016, 8:10 am by Steve Clowney
Here's the abstract: Residential mortgage-backed securitization (RMBS) is a type of asset-backed security in which... [read post]
16 Feb 2011, 5:00 am
Matt Phillips at WSJ.com’s Market Beat put together some great charts showing the problems with the residential mortgage market: Fannie and Freddie: The Saga in Charts. [read post]
6 Sep 2007, 4:24 am
Texas Attorney General Greg Abbott and key officials from state regulatory agencies convened the Texas Residential Mortgage Fraud Task Force, a strategic partnership intended to improve collaboration among residential mortgage regulators and law enforcement officials. [read post]
13 Jun 2012, 6:30 am by Julia Kim
Files Chapter 11 Bankruptcy Residential Capital, a residential mortgage loan originator and a subsidiary of Ally Financial Inc. [read post]
Join us at ACI’s 25th National Forum on Residential Mortgage Regulatory Enforcement and Litigation, October 22-24 in Dallas, Texas. [read post]
Join us at ACI’s 25th National Forum on Residential Mortgage Regulatory Enforcement and Litigation, October 22-24 in Dallas, Texas. [read post]
Join us at ACI’s 25th National Forum on Residential Mortgage Regulatory Enforcement and Litigation, October 22-24 in Dallas, Texas. [read post]
12 Sep 2019, 8:50 pm
When the Bank Will Not Help Most mortgage lenders have a variety of programs and options available to borrowers who are struggling to make their mortgage payments. [read post]
31 Jul 2008, 10:05 pm
Grounds for exercising this right given borrowers by Congress are found in problems with the mortgage closing documents for a residential second mortgage or refinanced mortgage. [read post]
8 Nov 2018, 2:56 pm by Stephanie Abbott
The complaint alleges that UBS’ actions violated the Financial Institutions […] The post UBS Sued for Fraud in the Sale of Residential Mortgage-Backed Securities appeared first on Mortgage Fraud Blog. [read post]