Search for: "Industry Mortgage Company"
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20 Jan 2011, 11:27 am
The National Journal reports that the Federal Deposit Insurance Corp., (FDIC) has accused the banking and mortgage-lending industries of studied incompetence, saying that the nation's biggest mortgage-servicing companies helped turn the housing bust into a full-blown foreclosure crisis, "The biggest adversary has been inertia in the servicing and foreclosure practices applied to problem loans," Sheila Bair head of the FDIC said. [read post]
19 Nov 2013, 11:00 am
Here is the abstract: Taken in concert with two previously written volumes on the mortgage industry that highlight the immediate post-World War II era and the 1963-1972 period, this study accounts for nearly a century of mortgage banking progress and activity in America. [read post]
24 Aug 2009, 1:11 pm
With so many mortgage loans in default today, PMI companies are likely facing the risk of significant liabilities. [read post]
30 Oct 2014, 8:48 am
When we reported on the consent order, we commented that the size of the monetary relief likely was intended by the CFPB to send a strong message to the mortgage industry that violations of the LO Compensation Rule will be addressed in a serious manner. [read post]
2 Jul 2012, 4:00 am
Based on the CFPB’s recently issued report to Congress on reverse mortgages, the reverse mortgage industry should expect more scrutiny and regulation from the CFPB. [read post]
7 Oct 2010, 10:44 am
Employees of these mortgage companies can report this misconduct to the SEC and/or a whistleblower lawyer, and potentially receive a cash reward under the new SEC Whistleblower Program. [read post]
18 Mar 2010, 4:24 pm
Most homeowners who are now victims of foreclosure, depended on the goodwill of the mortgage industry to provide safe mortgages that would allow them to fulfill their dreams of homeownership. [read post]
30 Oct 2023, 6:00 am
According to Court documents, all the trademarks are specified for use in financial services, specifically the mortgage industry. [read post]
20 Aug 2007, 4:16 am
Mortgage industry professionals are facing increased scrutiny by federal prosecutors in Houston, Los Angeles, Phoenix, and New York, according to the Wall Street Journal. [read post]
18 Apr 2008, 8:54 am
On April 16, Federal Bureau of Investigation director, Robert Mueller, told Congress that the probe of potential fraud in the U.S. subprime mortgage industry now includes at least 19 companies. [read post]
13 Oct 2009, 6:08 pm
Richard Kessler, CEO of a web based company called www.cancelthemortgage-now.com, about the mortgage lending industry's loan modification policies. [read post]
13 Oct 2009, 6:08 pm
Richard Kessler, CEO of a web based company called www.cancelthemortgage-now.com, about the mortgage lending industry's loan modification policies. [read post]
11 Feb 2009, 7:46 am
The financial industry -- including mortgage holders themselves as well as holders of mortgage-backed securities -- has opposed similar measures for years, but took a serious blow when industry giant Citigroup dropped its opposition to cramdown legislation earlier this month. [read post]
15 Jun 2020, 1:26 pm
Given the industry-wide effects from COVID-19, lenders are already aware that many clients in the hospitality industry will have difficulties staying current on their mortgages and loan obligations. [read post]
15 Jun 2020, 1:26 pm
Given the industry-wide effects from COVID-19, lenders are already aware that many clients in the hospitality industry will have difficulties staying current on their mortgages and loan obligations. [read post]
22 Dec 2020, 10:56 am
On December 15th, the FTC announced in a press release that it had reached a settlement with a mortgage industry data analytics company to resolve allegations in the FTC’s administrative complaint that the company had failed to ensure one of its vendors was adequately securing personal data about tens of thousands of mortgage holders under the Gramm-Leach-Bliley Act (GLBA) Safeguards Rule. [read post]
14 Feb 2013, 9:09 am
The CFPB intends to give priority to issues “that are important to a large number of providers or consumers, and that critically affect mortgage companies’ implementation decisions. [read post]
29 Jun 2010, 6:00 am
The Attorney General's ongoing investigation into the mortgage rescue industry revealed that many companies routinely collect illegal up-front fees from homeowners on the brink of foreclosure and then fail to help them lower their mortgage payments or save their home as promised. [read post]
21 Feb 2008, 10:07 pm
These issues are of major significance in pending cases involving the subprime mortgage industry. [read post]
28 Jan 2022, 12:04 pm
Financiers recognize the marijuana industry is pulling in adequate funding. [read post]
