Search for: "First Residential Mortgage Services Corporation"
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6 Dec 2009, 6:48 pm
Futures are pointing to further declines in the US and UK residential mortgages of both prime and sub-prime loans. [read post]
6 Dec 2009, 6:44 am
Instead, MERS asserts to be a corporation providing electronic tracking of ownership interests in residential real property security instruments. [read post]
8 Sep 2009, 11:37 am
Under Mortgages in General. [read post]
8 Sep 2009, 2:49 am
The notes were collateralized by certain assets, included residential mortgage backed securities (RMBS). [read post]
3 Sep 2009, 5:06 am
Existing law, until January 1, 2013,prohibits a mortgagee, trustee, beneficiary, or authorized agent from filinga notice of default for an additional 30 days on loans made between January1, 2003, to December 31, 2007, that secure residential real property, undercertain circumstances.This bill would, until January 1, 2013, provide that these provisions applyto mortgages and deeds of trust recorded between January 1, 2003, toDecember 31, 2007, secured by owner-occupied… [read post]
20 Jul 2009, 2:35 pm
The scope of credit products covered by the Credit Code will be extended to regulate the provision of consumer mortgages over residential investment properties. [read post]
8 Jul 2009, 2:39 pm
Initially, the Legacy Securities PPIP will participate in the market for commercial mortgage-backed securities and non-agency residential mortgage-backed securities. [read post]
15 Jun 2009, 12:19 pm
Hunton & Williams LLP represented American Home Mortgage Servicing, Inc. [read post]
5 May 2009, 6:21 pm
Beazer Homes is a residential home builder that also provided home loan and mortgage finance services to home buyers. [read post]
29 Apr 2009, 4:19 pm
As of April 28, the Making Home Affordable website listed the following servicers as having executed HAMP contracts: Bank of America, N.A.; Chase Financial LLC; CitiMortgage, Inc.; Countrywide Home Loans Servicing LP; GMAC Mortgage LLC; Home Loan Services, Inc.; Ocwen Financial Corporation, Inc.; Saxon Mortgage Services; Select Portfolio Servicing; Wells Fargo Bank, N.A.; and Wilshire Credit Corporation. [read post]
10 Apr 2009, 2:08 am
The lawsuit related to an affiliate company in which Radian was a minority owner, Credit Based Servicing & Asset Securitization (C-Bass), an investor in the credit risk of subprime residential mortgages. [read post]
8 Apr 2009, 12:44 pm
In analyzing this case, the Supreme Court first noted that the scope of the Consumer Fraud Act is wide and deep. [read post]
5 Apr 2009, 1:26 pm
In December 2008, after the Securities and Exchange Commission (”SEC”) concurred in the exclusion of shareholder proposals seeking greater disclosure of risks related to mortgage investments at Washington Mutual, a coalition of over 60 investors called on then President-Elect Obama to limit the ability of companies to exclude shareholder proposals related to corporate risk evaluation.[10] The corporate governance challenges for the companies being… [read post]
26 Mar 2009, 8:49 am
First, the Fund Managers would raise equity capital from private investors, and Treasury would match that equity contribution equally. [read post]
25 Mar 2009, 7:27 pm
Eligible legacy securities will initially include only U.S. residential mortgage backed securities ("RMBS") and U.S. commercial mortgage backed securities ("CMBS") issued prior to 2009 that were originally rated AAA (or its equivalent) by two or more nationally recognized rating agencies without regard to ratings enhancement and that are secured by the actual mortgage loans, leases or other assets and not by other securities (with certain… [read post]
24 Mar 2009, 10:40 am
Receivables must have been generated by Fannie Mae- or Freddie Mac-approved residential mortgage loan servicers on or after January 1, 2007. [read post]
4 Feb 2009, 7:44 am
First, the macro side. [read post]
6 Jan 2009, 9:06 pm
The first is the residential mortgage contract, which is problematic because too many homeowners cannot pay what they owe, yet cannot modify their debts in bankruptcy. [read post]
30 Dec 2008, 8:26 am
Value of US Residential Property as % of GDP Portion of That Value Financed by Mortgage Debt Pre-S&L Crisis 104% about one third 2001 121% > 40% 2007 140% > 50% 2008 including commercial real estate [n/a] > 100% ($14.4-trillion) But reasons for hope still remain, and they're all tied to how the underlying economy is—or… [read post]
9 Oct 2008, 9:58 am
Troubled assets are defined to include residential or commercial mortgages and any securities, obligations or other instruments related thereto, so long as they were originated or issued on or before March 14, 2008. [read post]
