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The Administrator cited to caselaw stating that the primary business purpose of mortgage-loan companies “is to design, create and sell home lending products. [read post]
5 Dec 2014, 7:00 am by Joanna Herzik
Get Boosts from companies like Hyundai and Quicken Loans. [read post]
31 Jul 2013, 5:26 pm by Allison Tussey
According to documents filed in this case and statements made in court: Cockinos was the owner/president of Federated Mortgage Company of America (“FMCA”). [read post]
3 Mar 2015, 11:34 am by Allison Tussey
  Loan applications prepared by Liberty Mortgage Company misrepresented borrowers’ abilities to pay back loans, by overstating and/or falsifying employment, income and assets. [read post]
17 Apr 2009, 6:15 am
Homeowners can also set up a free counseling session with a counselor approved by the federal government. [read post]
7 Apr 2010, 10:49 am by Alan White
  Out of $1.8 trillion in mortgages last year, banks and loan companies funded $80 billion in conforming first mortgages, $92 billion in jumbo loans, $10 billion in subprime mortgages and $77 billion in second mortgages and home equity lines. [read post]
19 May 2014, 7:40 am by Allison Tussey
“This Office is committed to holding lenders accountable for fraudulent and reckless underwriting of federally insured FHA home loans. [read post]
29 Apr 2014, 8:15 am by Allison Tussey
As previously reported by Mortgage Fraud Blog, Herrera served as a loan officer and later a branch manager at Delta Homes and Lending Inc., a real estate and mortgage lending company. [read post]
11 May 2010, 9:22 pm by John Watts & M. Stan Herring
Apparently, the company was advising people to stop paying their mortgages, saying it was the only way to obtain a loan modification, then turned around and repossessed their homes. [read post]
8 Jun 2010, 2:49 pm by The Recorder
[Cynthia Foster] Troubled mortgage servicer Countrywide, just one month after settling a securities class action for $600 million, has settled with the Federal Trade Commission over allegations that the company wrung excessive fees from homeowners in the months before they defaulted on their loans. [read post]
4 Aug 2014, 7:31 am by Allison Tussey
Eric Gagnepain, 41, Nixa, Missouri, co-owner of Greenleaf Companies has been sentenced in federal court for aiding and abetting a bank fraud conspiracy involving the creation and submission of fraudulent loan applications that was part of a multi-million-dollar mortgage investment scheme. [read post]
25 Aug 2012, 4:24 pm
District Court for the Southern District of New York has decided that ex-Federal National Mortgage Association executives do have to contend with a Securities Exchange Commission enforcement lawsuit over their alleged role in underplaying just how exposed the company was to high risk loans. [read post]
22 Feb 2012, 9:15 am by Bryan Fears
So how can you discover the current owner of your home’s mortgage? [read post]
26 Mar 2021, 7:33 am
The most common liens are mortgages, and in these cases, lenders will release their claim to the property when the loan is paid off during the sale of the home. [read post]
25 May 2020, 3:00 am by Joshua Holt
These include investment services, personal loans, home mortgages, and even insurance. [read post]
27 Mar 2018, 5:02 pm by Wolfgang Demino
From November 2006 to December 2009, she was the Director of Legal and Business Affairs for Renegade Nation, an independent multi-media company. [read post]
12 Sep 2018, 4:00 pm by Joe Glantz
Usually, a mortgage company will require that the buyer obtain title insurance in order to get the loan. [read post]
24 Jun 2014, 5:48 pm by Allison Tussey
Heritage Homes Group, Inc., a Pennsylvania-based home builder that offers home financing, has settled Federal Trade Commission charges that it deceived consumers by advertising low-cost mortgages while hiding fees and not disclosing vital information about the true cost of the mortgages. [read post]