Search for: "Chase Funding Mortgage Loan"
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10 Feb 2011, 7:14 am
I think the story in the Times put it pretty succinctly… “Out of the five major mortgage servicers — Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co., Ally Financial and Citigroup Inc. [read post]
9 Feb 2011, 6:58 am
They had been trying to get Chase to modify their loan for over a year. [read post]
31 Jan 2011, 4:17 am
The result of that calculation is referred to as the “target monthly mortgage payment. [read post]
30 Jan 2011, 8:20 pm
However, Florida homeowners who are struggling to make their mortgage payments may be able to get money from a billion-dollar fund run by the State. [read post]
22 Jan 2011, 1:32 pm
The probe has since widened to include other mortgage practices, with attorneys general suggesting a potential resolution should include improving the loan modification process, barring foreclosures when people are modifying loans and creating a general fund to compensate homeowners who may have been victims of wrongful foreclosures. [read post]
22 Jan 2011, 7:50 am
” But, the bank didn’t provide any sort of schedule listing the loan in question as being among the mortgages assigned in the trust agreement. [read post]
11 Jan 2011, 8:39 pm
Tony Salem of San Jose, an unemployed high-tech manager who is at risk of foreclosure, called Tuesday to apply for help and was given the disappointing news that his loan servicer hadn't signed up to participate. ''They said to contact your mortgage company and see if they are going to become involved," Salem said.Participating lenders, loan servicers and agencies include Wells Fargo, Chase, Bank of America, GMAC, CalHFA, and the … [read post]
28 Dec 2010, 10:04 am
(a) Notwithstanding any other provision of law, it shall be unlawful for any person who negotiates, attempts to negotiate, arranges, attempts to arrange, or otherwise offers to perform a mortgage loan modification or other form of mortgage loan forbearance for a fee or other compensation paid by the borrower, to do any of the following: (1) Claim, demand, charge, collect, or receive any compensation until after the person has fully performed each and… [read post]
17 Dec 2010, 8:46 am
Those that had been closest to the edge of the precipice when they bought their homes, many the victims of predatory lending practices, although certainly some their own worst enemies, fell in, their homes lost to foreclosure when they couldn’t make the rising payments on adjustable rate loans, and couldn’t refinance or sell as a result of falling prices, and tightening credit standards for mortgage loans. [read post]
30 Nov 2010, 8:35 pm
State attorneys general, who are conducting a separate investigation, are seeking a settlement with the mortgage industry that also would overhaul other industry practices, such as modifying loans for struggling homeowners. [read post]
24 Nov 2010, 1:28 am
Greenpoint Mortgage Funding, Inc., (N.D. [read post]
17 Nov 2010, 9:45 pm
Morgan Chase and Ally Financial, that have admitted serious foreclosure paperwork problems. [read post]
17 Nov 2010, 4:01 pm
Liu, on behalf of the trustees of the New York City Pension Funds, is calling on directors at Bank of America Corporation (NYSE: BAC), Wells Fargo & Company (NYSE: WFC), JPMorgan Chase & Co. [read post]
16 Nov 2010, 10:53 pm
” Asked by Channel 7 where he banks today, Wasnicki replied: “Well, not at Bank of America, Chase, or… what was the name of that other bank that used to be around? [read post]
16 Nov 2010, 8:44 am
New York City’s pension funds have filed a new shareholder proposal at Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo & Co. that ask each bank’s audit committee to conduct an independent review of mortgage servicing practices. [read post]
1 Nov 2010, 3:00 am
Since they were selling off the mortgage loans, they didn't care how good they were. [read post]
30 Oct 2010, 6:37 pm
And, isn’t it amazing that Bank of America, a servicer that is supposedly so overwhelmed and understaffed that it can’t seem to approve a loan modification in under six months and then, only after being sent the same documents four or five times, has had no trouble at all ascertaining that its recordkeeping related to millions of mortgages is A-OK? [read post]
27 Oct 2010, 8:59 pm
Each time a mortgage is foreclose on, they are losing at least 30-40% of their investment. [read post]
27 Oct 2010, 8:59 pm
Each time a mortgage is foreclose on, they are losing at least 30-40% of their investment. [read post]
18 Oct 2010, 8:00 am
DiNapoli and Liu have engaged lenders to identify best practices and find solutions to make the loan modification process more effective. [read post]
