Search for: "Mortgage Contracting Services"
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26 Dec 2007, 5:40 am
Many mortgage companies have gone bankrupt. [read post]
1 Jul 2009, 3:07 pm
The Puget Sound Business Journal (subscription) reported June 26 that Bank of America's home loan servicing department has quietly inserted language into its standard short sale contract that makes the seller liable for the difference between the loan's amount and the sale price. [read post]
1 Nov 2010, 3:00 am
Qualified mortgages had to satisfy a loan to value ratio and had to be contributed to the REMIC either at startup or within 90 days under a fixed-price contract OR be substituted for defective loans within 2 years of startup. [read post]
20 Aug 2018, 10:47 am
In addition to changes impacting mortgage-related licensees (e.g. mortgage lenders, originators and brokers), Public Act 18-173 revises or creates new licensing requirements for many providers including small loan lenders, sales finance companies, money transmitters, check cashers, debt adjustors, debt negotiators, collection agencies, student loan servicers, and mortgage servicers. [read post]
18 Aug 2023, 8:28 am
He is also a member of the USFN, The American College of Real Estate Lawyers, The American College of Mortgage Attorneys, an adviser to the New York Times on foreclosure issues and writes a regular servicing column for the New York Law Journal. [read post]
1 Jul 2009, 5:51 am
Well, on the one hand, a contract is still a contract. [read post]
8 Jan 2008, 8:25 pm
Contracts between banks and their technology service providers need to be carefully reviewed by competent legal counsel, as well as by knowledgeable bank employees. [read post]
3 Aug 2008, 10:20 am
Here's a summary of the particulars: Unless the investment contract provides otherwise, loan servicers do not owe a fiduciary duty to individual pool investors; rather, the servicer owes a duty maximize the mortgage pool's net present value for all investors. [read post]
3 Aug 2008, 10:20 am
Here's a summary of the particulars: Unless the investment contract provides otherwise, loan servicers do not owe a fiduciary duty to individual pool investors; rather, the servicer owes a duty maximize the mortgage pool's net present value for all investors. [read post]
3 Aug 2008, 10:20 am
Here's a summary of the particulars: Unless the investment contract provides otherwise, loan servicers do not owe a fiduciary duty to individual pool investors; rather, the servicer owes a duty maximize the mortgage pool's net present value for all investors. [read post]
3 Aug 2008, 10:20 am
Here's a summary of the particulars: Unless the investment contract provides otherwise, loan servicers do not owe a fiduciary duty to individual pool investors; rather, the servicer owes a duty maximize the mortgage pool's net present value for all investors. [read post]
3 Aug 2008, 10:20 am
Here's a summary of the particulars: Unless the investment contract provides otherwise, loan servicers do not owe a fiduciary duty to individual pool investors; rather, the servicer owes a duty maximize the mortgage pool's net present value for all investors. [read post]
15 Jun 2012, 10:44 am
Loans may be protected by taking an interest in collateral, such as real estate (e.g., a mortgage on a commercial building). [read post]
14 Feb 2009, 3:49 pm
Even so-called "long term" contracts are for only several years - hardly sufficient to pay off a debt of several hundred thousand dollars under long term mortgage. [read post]
10 Aug 2015, 9:32 am
On July 30, 2015, District Judge Denise Cote of the Southern District of New York denied GE Mortgage Holding LLC’s (“GEMH”) motion for summary judgment in a repurchase action brought by the RMBS Trustee for the GE-WMC 2006-1 Trust. [read post]
12 Oct 2017, 2:21 pm
Also All funds are transferred at this time.* Record the deed and mortgage and cancel any existing mortgages and liens.* Deliver all important documents to you for your safekeeping after closing.The sellers attorney can:* Prepare, review and explain the contract of sale.* Gather important title information for the purchasers attorney, thus expediting the search and survey process.* Resolve any title problems revealed by the searches.* Cooperate with the purchasers attorney… [read post]
10 Nov 2006, 9:12 am
Sometimes mortgage lenders will work with private companies who promote their services as "mortgage savers," although these home saving programs do not always work as advertised. [read post]
9 Feb 2011, 6:49 am
The federal program has resulted in no penalties against banks or mortgage servicers, despite criminal investigation into the conduct of banks in all 50 states. [read post]
9 Jun 2010, 7:59 pm
According to the FTC, under most mortgage contracts, homeowners must pay for necessary default-related services, but mortgage servicers may not mark up the cost to make a profit or charge homeowners for services that are not reasonable or appropriate to protect the mortgage holder’s interest in the property. [read post]
13 Jul 2012, 7:31 am
You see, states often have contracts to buy goods or services from large companies and when the state stops buying, people find themselves out of work. [read post]
