Search for: "Mortgage Contracting Services"
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23 Jun 2011, 10:25 pm
I have this day seen a mortgage loan modification contract, executed by a loan servicer, in favor of the mortgagor, reducing the monthly payments on an existing loan for a three year period. [read post]
1 Dec 2013, 8:35 pm
Postal Inspection Service in Chicago. [read post]
3 Nov 2014, 7:42 am
Based on this conduct, the agency charged the defendants with violating the FTC Act, the Commission’s Telemarketing Sales Rule, and the Mortgage Assistance Relief Services (MARS) Rule, which prohibits mortgage foreclosure rescue and loan modification services from collecting fees until homeowners have a written offer from their lender or servicer that they deem acceptable. [read post]
25 May 2009, 6:55 am
We've blogged about the importance of mortgage contract translations for the benefit of non-English-speaking homeowners. [read post]
29 Oct 2014, 8:01 am
Mortgage Fraud Blog. [read post]
28 Apr 2015, 10:40 am
The company performed this service on behalf of the Real Estate Mortgage Investment Conduit (“REMIC”) trust that held the mortgage loans on behalf of the certificate holders of the trust. [read post]
15 May 2016, 5:44 pm
The statutory provisions Section 20 of the Act states as follows: (1) Where an owner enters into a single contract for improvements on more than one premises of the owner, any person supplying services or materials under that contract, or under a subcontract under that contract, may choose to have the person’s lien follow the form of the contract and be a general lien against each of those premises for the price of all services and… [read post]
1 Apr 2009, 5:48 pm
"Mortgage lending reform is a vital piece of the Congressional effort to prevent a future financial services disaster of this scale. [read post]
12 Apr 2011, 6:37 pm
So servicers are going to be forced to perform what they contracted to do. [read post]
22 Feb 2013, 5:52 am
As part of the documents submitted with the Petition, proof of service on the Attorney General is required. [read post]
25 Jan 2017, 9:51 am
CitiFinancial Servicing originates and services residential daily simple interest mortgage loans. [read post]
17 Dec 2013, 9:24 pm
There is a real concern that the Dodd-Frank Act’s mortgage reforms will reduce the availability of mortgage credit because lenders’ fear liability for making mortgage loans that fail to qualify as “Qualified Mortgages” (QM) and are thus potentially subject to an Ability-to-Repay (ATR) defense. [read post]
9 Jul 2014, 7:45 pm
” "Respa is intended to protect consumers from having to pay inflated costs for mortgage and closing services. [read post]
30 Apr 2010, 7:31 am
Act now on the national debt, so we can keep mortgage rates lower for longer. 3. [read post]
12 Nov 2014, 2:06 am
Mortgage Fraud Blog. [read post]
15 Jan 2013, 8:14 am
Plaintiffs, Pasadena, Maryland residents, sued Bank of America alleging that the bank's failure to process a mortgage modification, after the servicer informed them it would help them change their mortgage terms, was actionable. [read post]
1 Apr 2015, 10:52 am
Secret Service and HSI Baltimore for their work in the investigation. [read post]
5 Dec 2007, 3:45 pm
If not, we may see yet another species of subprime litigation -- this one for breach of contract or fiduciary duty against the servicers who let borrowers get away with not paying according to the terms of their mortgages. [read post]
1 Nov 2022, 2:20 pm
Home equity interest is the current value of the home minus any outstanding mortgage. [read post]
12 Dec 2011, 5:30 pm
Unless there is a written assignment from the mortgage owner (Freddy or Fannie) to the servicer, the servicer cannot foreclose for the simple reason they are not part of the mortgage contract. [read post]
