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28 Apr 2016, 5:26 am by Barbara S. Mishkin
  We note that, rather than reflecting an increase in the number of borrowers making student loan complaints, the increase most likely reflects that in March 2016, the CFPB began accepting complaints about federal student loans. [read post]
23 Sep 2022, 8:05 am by Richard J. Andreano, Jr.
The CFPB recently issued a Request for Information Regarding Mortgage Refinances and Forbearances (RFI) Comments on the RFI will be due 60 days after publication in the Federal Register. [read post]
20 Mar 2012, 6:04 am
If the National Mortgage Foreclosure settlement means anything to the Banks involved, it means a lot of money. [read post]
31 Aug 2017, 4:44 pm by Ben Vernia
Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), guaranteed by the United States Department of Veterans Affairs (VA), and purchased by the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) that did not meet applicable requirements, the Justice Department announced today. [read post]
14 Apr 2011, 9:42 am
Yesterday the federal government ordered 16 of the nation's largest mortgage lenders and loan servicers to reimburse homeowners who the government claims were improperly foreclosed upon. [read post]
23 Aug 2008, 8:20 pm
In February, I wrote about stiffening mortgage underwriting polices adopted by mortgage lenders on loans for condominium purchasers. [read post]
9 Feb 2012, 4:23 pm by malik
Bank of America would contribute an additional $1 billion for F.H.A. loans. [read post]
16 Dec 2014, 7:30 am by Allison Tussey
Conrad, Jr. for their roles involving computer theft of mortgage leads from a nation-wide online mortgage broker. [read post]
15 Feb 2013, 10:52 pm by Rich Vetstein
Federal National Mortgage Association, 462 Mass. 569 (2012), applies to cases that were pending on appeal at the time that case was decided. [read post]
7 May 2014, 10:55 pm by Judy Wolf
 Black Knight analyzes its mortgage database, which it says covers roughly 70 percent of the national market. [read post]
29 Oct 2014, 8:01 am by Allison Tussey
The defendants were involved in a conspiracy to defraud numerous banks and lenders using straw buyers resulting in mortgage loan disbursements exceeding $20 million, $5 million in loan proceeds, and losses exceeding $1 million. [read post]
26 Jan 2015, 7:49 am by Allison Tussey
The prosecution is the result of an investigation by SIGTARP and the FBI.The post Advance Fee Loan Scams Lead to Prison appeared first on Mortgage Fraud Blog. [read post]
20 Dec 2016, 7:37 am by Bill Purdy
If there is a recorded deed of trust or mortgage instrument, and there virtually always is, the loan is a secured loan. [read post]
14 Sep 2015, 12:44 pm by Christie D. Arkovich, P.A.
 Her argument is “[w]e don’t trust a bank to handle its own complaints, and we shouldn’t trust the federal student loan program to do it either. [read post]
26 Mar 2010, 9:24 am by Bruce Jacobs
The government reported this week that 16 of the top locations in the nation for troubled FHA mortgages are in Florida -- including Miami where 18 percent, or nearly 1 in 5 federally-insured mortgages, were in trouble. [read post]
9 Jun 2015, 9:22 am by Greene LLP
Michigan-based Quicken Loans, the third-largest mortgage lender in the country, allegedly made hundreds of these loans from September 2007 until December 2011 through the Federal Housing Administration (FHA) program. [read post]
20 Jul 2015, 1:59 pm by Steven J. Fink
On July 10, 2015, Judge Alvin Hellerstein of the Southern District of New York granted defendant WMC Mortgage LLC’s motion for judgment on the pleadings in an action brought by the Federal Housing Financial Agency (“FHFA”) and Deutsche Bank National Trust Co. [read post]
9 May 2011, 6:58 am
Last month, federal banking regulators settled allegations of criminal conduct with the nation's largest banks. [read post]
1 Jul 2012, 8:52 am by Dana Manner
The Federal Trade Commission recently released an FTC Consumer Alert entitled “Ads for Auto Loan Modifications: You May Be Able to Drive a Better Deal with Your Lender“ There have been several companies advertising on TV and the internet promising car loan modifications, like mortgage loan modifications, and the FTC has filed lawsuits against several of these companies. [read post]