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1 May 2017, 2:00 pm
Miami also realized that those discriminatory mortgages led to foreclosures, causing properties to lose value and the city to lose property tax revenue. [read post]
27 Mar 2010, 4:58 pm by John Watts & M. Stan Herring
The multifaceted effort will allow people who owe more on their mortgages than their properties are worth to get new loans backed by the Federal Housing Administration, a government agency that insures home loans against default. [read post]
7 May 2014, 10:55 pm by Judy Wolf
Data shows share of loans in foreclosures drops   An initial review of March mortgage data shows good signs both for Florida and the country, according to a Florida-based financial services company. [read post]
15 Oct 2007, 8:19 am
A new study has found racial disparities in the way subprime mortgage loans--which were discussed at length during DMI's last marketplace event--are offered. [read post]
7 Oct 2014, 2:00 am by Carlos Kelly
It is not clear from Professor Brescia’s article whether his valuation concept takes into account that at least one plan — proposed by the City of Richmond in conjunction with Mortgage Resolution Partners — involves the condemnation of performing loans. [read post]
1 Feb 2012, 10:05 am
For bank officials, the higher interest loans looked better for investors. [read post]
4 Jun 2015, 11:35 am by Allison Tussey
From 2007 through mid-2008, Wolf-Fels served as a loan officer at the Forked River Branch of the mortgage company, Mortgage Now. [read post]
11 Jun 2010, 6:20 pm by Law Lady
As the city did not conclusively refute the estoppel defense, final summary judgment was improper.Likewise, in Knight Energy Servs., 660 So. 2d at 788, a major supplier of motor fuel loaned a sum of money to some established petroleum franchises operating branded retail stations. [read post]
17 Dec 2010, 1:59 am by atussey@mortgagefraudblog.com
Alexander, 29, Mason City, Iowa, has been convicted of one count of making a false statement for the purpose of obtaining a HUD-insured loan, and three counts of making a false statement to a bank in connection with a loan; she was acquitted of one count of making a false statement to a bank in connection with a loan. [read post]
18 Feb 2010, 7:23 am by doug
Bank of America, Chase and Citi are still sitting on the paperwork of more than 90% of their applicants. [read post]
6 Mar 2012, 9:00 am
The Settlement Terms The settlement was entered into with the nation's five largest mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo. [read post]
8 Apr 2020, 3:56 pm by Natalma M. McKnew and John Gotaskie
For instance: The Act allows flexible use of the loan to sustain business payroll, utilities, mortgage, rent and other expenses; the SBA mandates that at least 75% must be used for payroll. [read post]
1 May 2017, 9:28 am by Lyle Denniston
A divided Supreme Court ruled on Monday, more clearly than it had done before, that a city government may sue home loan companies for racial discrimination against minority buyers. [read post]
25 Apr 2014, 8:01 pm by Jordan E. Bublick
First Na'tl Bank of Lake City, 81 So.2d 486 (Fla.1955), Nat'l Loan Investors, L.P. v. [read post]
5 Jun 2012, 7:22 am by McNabb Associates, P.C.
In addition, the defendants also allegedly either purchased properties, which were mostly scattered throughout the city, and/or refinanced existing mortgages in their own names, knowing that they were fraudulently qualified for the loans. [read post]
5 Jun 2012, 7:22 am by McNabb Associates, P.C.
In addition, the defendants also allegedly either purchased properties, which were mostly scattered throughout the city, and/or refinanced existing mortgages in their own names, knowing that they were fraudulently qualified for the loans. [read post]
13 Jun 2012, 8:14 am by McNabb Associates, P.C.
The company was fined $5,000 for advertising loan modification services without a mortgage license, state officials said. [read post]
13 Jun 2012, 8:14 am by McNabb Associates, P.C.
The company was fined $5,000 for advertising loan modification services without a mortgage license, state officials said. [read post]
16 Feb 2012, 10:16 am by Ruth Levor
The City and County of San Francisco retained Aequitas, an audit firm, to review residential mortgage loans that resulted in 2009-2011 foreclosure sales. [read post]