Search for: "Residential Mortgage"
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6 Aug 2012, 7:45 pm
Treasury Department's "Home Affordable Modification Program" (HAMP).As most people are aware, Congress did not yet pass the "cram-down" provision for principal residential mortgages. [read post]
10 Dec 2008, 9:10 am
Charles Joseph-DeShawn Wilson has been convicted of conspiring to commit mail fraud and wire fraud as part of a scheme to defraud residential mortgage lenders and engaging in a financial transaction in criminally derived property. [read post]
13 Oct 2023, 2:01 pm
Financing: Residential buyers often secure mortgage loans with lower down payments and more favorable interest rates. [read post]
5 May 2014, 8:18 am
Marcus Payne, 44, Memphis, Tennessee, and Booker Smith, 30, Memphis, Tennessee, were indicted by a federal grand jury on April 16, 2014 on seven counts related to a mortgage fraud and identity theft scheme where allegedly they applied for mortgage loans to purchase residential properties using personal identifying information, including Social Security numbers, of others. [read post]
5 Jan 2016, 8:15 pm
3 Types Of Unconventional Residential Mortgages Sometimes, buyers can’t or don’t want to obtain a conventional home loan to finance their purchase. [read post]
5 Nov 2008, 1:54 pm
Jose Serrano, 45, Stockton, California, was sentenced to 15 months in prison and ordered to pay more than $219,000 in restitution to Washington Mutual Bank in connection with his role in a mortgage fraud scheme involving the purchase of numerous residential properties in the Stockton, California area between 2003 and 2005. [read post]
1 Mar 2011, 1:50 am
Craig Adams, 43, Sarasota, Florida, who was previously employed as a real estate agent working principally in the Sarasota, Florida area, Adams also acted as a mortgage broker from time to time, and bought and sold residential real property in Sarasota on his own account. [read post]
14 Jan 2008, 10:10 am
These collateralized mortgage obligations are pools of residential home mortgages. [read post]
28 Jan 2008, 12:35 pm
The Mortgage Bankers Association has been claiming the proposed bankruptcy reform legislation that would significantly roll back the special treatment given to mortgage lenders in chapter 13 bankruptcies would result in residential mortgage interest rates rising 1.5 to 2 percent. [read post]
6 Dec 2011, 9:23 am
“Acquiring this group of superbly talents lawyers fills out our consumer financial services group in an important way by adding attorneys whose focus is on residential mortgage regulatory work — a need we’ve been aware of for some time,” firm chairman Mark Stewart said in a statement. [read post]
17 Oct 2013, 9:59 am
In the supplementary information, the CFPB indicates that these would typically be loans secured by manufactured housing that do not involve residential real property. [read post]
13 Mar 2019, 11:55 am
Understanding Residential Mortgage Fraud Continue reading [read post]
3 May 2017, 5:01 am
While they were living together in the home, they refinanced the mortgage as co-borrowers. [read post]
2 Jun 2020, 11:29 am
“On the residential side, a lot of our clients who are owners of residential properties have been collecting a large percentage of rents,” he said. [read post]
8 Jul 2016, 11:10 am
Ocwen Financial, formed in 1988, has been servicing residential mortgage loans since that year, and has serviced “subprime” mortgages since 1994. [read post]
5 Dec 2011, 2:53 am
" These new rules would change the Bureau of Indian Affairs' (BIA) process for approving the lease of Trust land by instituting a 30 day time limit for the BIA to issue decisions on residential leases, subleases and mortgages and a 60 day time limit on leases and subleases for commercial and industrial development. [read post]
30 Mar 2012, 8:28 am
“Because the stray buyers lacked either the means or the intention of paying their mortgages, mortgage loans went into default and subsequently into foreclosure,” the charging document states. [read post]
30 Oct 2020, 10:28 am
Background: Mortgages and the Great Recession As any reader/viewer of the Big Short knows, the Great Recession was largely brought on by risky and greedy practices in the residential mortgage market. [read post]
23 Dec 2015, 8:00 am
In Florida, a mortgage to buy residential real estate is called a “purchase money mortgage. [read post]
9 Dec 2015, 9:32 am
Mishkin In late September, the CFPB and DOJ announced a proposed consent order with Hudson City Savings Bank to settle allegations that the bank had engaged in a pattern or practice of redlining in its residential mortgage lending. [read post]
