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4 Dec 2009, 3:13 pm
In 1959, the business entered into other avenues, including second mortgages, small consumer loans, and financial investments. [read post]
3 Dec 2009, 7:13 pm by David C. Winton
Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for the relief. [read post]
3 Dec 2009, 4:11 pm
It also says, and again word-for-word, on Freddie’s site: “Freddie Mac has directed its lenders/servicers to suspend foreclosures on mortgages we own for all homeowners who are being evaluated for or are currently in a trial period for a Home Affordable Modification. [read post]
3 Dec 2009, 8:55 am by Mark Bello of Lawsuit Financial Corp.
A GPS system can track how fast you were going and what direction you were traveling at the time accident occurred. [read post]
2 Dec 2009, 5:42 pm by James Hamilton
In an effort to mitigate this reporting burden, the Council is directed to rely, whenever possible, on information already being collected by the SEC and other financial regulators. [read post]
1 Dec 2009, 3:48 pm
Behold Exhibit B, also from December 2008, directing the Los Angeles partnership to "[h]ustle for cash like you've never done before": A "revenue collection team" -- based out of Chicago, no less -- is a nice touch. [read post]
1 Dec 2009, 2:15 pm by Alan White
  The lawsuit raises a number of interesting legal questions, including whether homeowners can sue as intended third-party beneficiaries of the contracts between Fannie and mortgage servicers, and how to apply contracts that call for one party, the U.S. government, to modify and add terms by directives (i.e. by fiat.) [read post]
1 Dec 2009, 10:23 am
Pham directed plaintiff to sign some papers to begin the refinancing process and assured plaintiff she could obtain a loan that would reduce plaintiff's financial obligations. [read post]
28 Nov 2009, 9:52 pm
I might have said they’ve sent out over 570,000 direct mail packages, but you know a lot more than I do about what stuff should be called, so I’ll go with your terminology. [read post]
28 Nov 2009, 5:21 am
The former is a terrific way to penalize a party or its lawyers who have made the other side suffer for its failure to appear or comply with the court's directions. [read post]
25 Nov 2009, 12:59 am by Randall Reese
The motions were filed by certain direct lenders and the United States Trustee and were joined by USACM Liquidating Trust, Debt Acquisition Company of America V, LLC and Eagle Investment Partners, L.P.The companies are successors by foreclosure of certain rights attributed to defaulted commercial mortgage loans. [read post]
24 Nov 2009, 9:52 am
The mortgage involved secured an adjustable rate note with an initial interest rate of 10.375%, with an original principal amount of $292,500. [read post]
23 Nov 2009, 5:34 am
Kerik, the court ventured further by holding that a public official could commit the crime of honest services fraud by engaging in influence peddling even when the influence is directed at areas that are beyond the scope of the official’s authority. [read post]
23 Nov 2009, 12:41 am
" Trusts and Estates Update Monday, November 23, 2009 By Ilene Sherwyn Cooper " Ilene Sherwyn Cooper, a partner with Farrell Fritz, writes that the Appellate Division has provided significant direction to Surrogate's Court practitioners this past year, holding that a petitioner had forfeited her interest in a trust containing an in terrorem clause, which prohibited any beneficiary from contesting the trust or any of its provisions, when that petitioner requested that it be… [read post]
       Attorney fees and case costs: On top of all of this, the divorce is a direct expense in terms of attorney fees and costs associated with the case. [read post]
21 Nov 2009, 11:05 pm
This shall include recent bills, wage and tax records, bank records, pension and retirement account information, and mortgage account records. [read post]
21 Nov 2009, 5:04 am
Analysis: Although the condominium association and mortgage lobby were successful in watering down some the more onerous requirements, the new revised guidelines will still represent a major change in how lenders underwrite condominium mortgages. [read post]
20 Nov 2009, 9:13 pm
Virtually all of his solutions, including those that involve some kind of government intervention, seem pretty clearly directed at making markets function better. [read post]