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8 Dec 2016, 8:33 pm
There are numerous players involved in distributing and collecting mortgages, and any one of them can commit mortgage fraud. [read post]
19 Apr 2011, 11:46 pm
The founder of what was once one of the nation's largest mortgage lenders was convicted of fraud on Tuesday for masterminding a scheme that cheated investors and the government out of billions of dollars. [read post]
16 Dec 2014, 9:58 am
The monitor overseeing a national mortgage settlement says an internal review of its compliance conducted by Ocwen Financial Corp., one of the biggest U.S. servicers of home loans, may not have provided accurate accounting. [read post]
18 Sep 2012, 7:38 am
This is often referred to as the "National Mortgage Settlement. [read post]
27 Apr 2010, 1:27 pm
Mortgage Fraud continues to be a national problem, increasing by 7% in 2009. [read post]
23 Dec 2008, 8:33 pm
Statistics released in a report by the National Association of Consumer Bankruptcy Attorneys show that these modification programs are themselves little more than a scam. [read post]
1 Apr 2012, 6:18 am
This past week I witnessed one of the most extraordinary results imaginable in a Chapter 13 mortgage mediation when two married homeowners were able to combine several new mortgage incentive and rebate programs to achieve the ultimate mortgage modification possible...a total and complete write off of their principal balance. [read post]
12 Jul 2010, 7:16 am
Housing price futures are done by MSAs or nationally, but the relavent geographic area is one's house, one's block, or one's neighborhood. [read post]
24 Jan 2012, 8:11 am
The New York Times reports that as many as one million homeowners facing foreclosure could have their mortgages cut by about $20,000 each as part of a long-awaited deal being negotiated between "state attorneys general, federal officials and the nation’s largest mortgage servicers. [read post]
16 Jun 2011, 10:57 am
One couple I know achieved a significant permanent modification of their mortgage with a large mortgage bank. [read post]
27 Sep 2011, 12:03 pm
"A pair of lawsuits filed Monday claim that Deloitte & Touche LLP, one of the nation's largest accounting firms, should pay $7.6 billion in damages for failing through years of audits to detect massive fraud at a now-defunct Florida mortgage... [read post]
22 Sep 2011, 4:57 pm
The Pacific Northwest as a whole is falling behind the national average when it comes to staying current on mortgage payments. [read post]
31 Aug 2012, 11:45 am
For loan modifications and refinance options, borrowers may be contacted directly by one of the five participating mortgage servicers. [read post]
31 Jul 2013, 10:36 am
Celebrity sites like TMZ and the National Enquirer also began covering the mortgage fraud case. [read post]
24 Nov 2010, 3:33 pm
If Congress repealed the mortgage interest deduction, would you miss it? [read post]
22 May 2011, 7:52 pm
Today, mortgage interest consumes 5.27% of the nation's after tax-income. [read post]
11 Jul 2008, 12:12 pm
Alarmed by the growing financial stress at the nation's two largest mortgage finance companies, senior Bush administration officials are considering a plan to have the government take over one or both of the companies and place them in a conservatorship if their problems worsen, people briefed about the plan said on Thursday. [read post]
11 Apr 2012, 7:42 am
It’s hard enough communicating with one mortgage servicer. [read post]
5 Apr 2013, 8:00 am
,The CFPB announced the settlement of enforcement actions brought in federal district court in Florida against four national mortgage insurers involving allegations that the insurers paid kickbacks to mortgage lenders in violation of Section 8 of the Real Estate Settlement Procedures Act. [read post]
1 Nov 2011, 11:35 am
Because the foreclosure scandal has become such a big news story, and one that seems to drag on and on as the foreclosures themselves prove to be an ongoing drag on California's and the nation's economy, we are learning more about foreclosures. [read post]
