Search for: "Principal Residential Mortgage, Inc."
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30 Dec 2014, 12:03 pm
Trusts are created to receive streams of interest and principal payments from mortgage borrowers, and a mortgage lender sells pools of mortgages into these trusts. [read post]
21 Aug 2014, 7:39 am
After the golf course was closed in 2008, the company was no longer able to make the mortgage payments. [read post]
18 Aug 2014, 7:01 am
LLC, Morgan Stanley ABS Capital I Inc., and Morgan Stanley Mortgage Capital Holdings LLC,were collateralized by mortgage loans, Morgan Stanley ABS Capital I Inc. [read post]
14 Aug 2014, 2:01 pm
Andreano, Jr.On August 12, the CFPB announced that it has issued a Consent Order under which Atlanta-based Amerisave Mortgage Corporation, its affiliate appraisal management company, Nova Appraisal Management Company, and a principal and indirect owner of both companies, Patrick Markert, agreed to pay nearly $21 million for deceiving and overcharging consumers in a bait-and-switch mortgage-lending scheme. [read post]
13 Aug 2014, 3:00 pm
Andreano, Jr.On August 12, the CFPB announced that it has issued a Consent Order under which Atlanta-based Amerisave Mortgage Corporation, its affiliate appraisal management company, Nova Appraisal Management Company, and a principal and indirect owner of both companies, Patrick Markert, agreed to pay nearly $21 million for deceiving and overcharging consumers in a bait-and-switch mortgage-lending scheme. [read post]
25 Jul 2014, 12:38 pm
” This included over $162 billion in residential loans, subprime mortgages, and lines of credit. [read post]
17 Jun 2014, 4:34 am
On June 17, the Department of Justice announced that the United States, along with state attorneys general, had reached an agreement to settle allegations of fraud in mortgage origination against SunTrust Mortgage, Inc., for $1 billion. [read post]
13 Mar 2014, 2:11 pm
In Lauren, the plaintiff alleged that defendants, PNC Bank, Assurant, and American Security Insurance Company, “force-placed” hazard insurance on persons with residential mortgages or lines of credit with PNC. [read post]
9 Aug 2013, 8:34 am
(BANA), Banc of America Mortgage Securities, Inc. [read post]
30 Jun 2013, 9:01 pm
Founded in 1996, Precision Title Agency Inc. is a leading commercial and residential real estate title and escrow agency serving Ohio and surrounding states. [read post]
2 Jun 2013, 9:01 pm
Two principal exceptions exist. [read post]
3 Mar 2013, 9:01 pm
HomeEq’s principal argument is that the plain language of the statute does not include mortgage servicers. [read post]
25 Oct 2012, 10:09 am
The GSEs guarantee payments of principal and interest to investors in the event that any loan in a mortgage-backed security defaults. [read post]
26 Jun 2012, 3:08 pm
Kaplan has approved a $40 million class action settlement in the residential mortgage-backed securities lawsuit against three individuals who used to be affiliated with Lehman Brothers Holdings Inc. [read post]
14 Jun 2012, 6:00 am
ResCap and Ally Will Not Challenge Repurchase Claims In Part 1 of this series, we discussed the circumstances leading to the bankruptcy filing of Residential Capital (ResCap) , a residential mortgage loan originator and a subsidiary of Ally Financial Inc. [read post]
12 Jun 2012, 6:50 am
As this case and similar cases proceed, it may well become apparent that only negligence (or worse) could possibly explain how far off the mark the ratings agencies were on so many residential mortgage-backed securitizations and other mortgage deals. [read post]
18 Apr 2012, 9:15 am
Absent the government guarantee, there would essentially be no mortgages available… period. [read post]
16 Apr 2012, 7:41 am
Greenwich Landing, LLC (Foreclosure; "In RMS Residential Properties, LLC v.Miller, 303 Conn. 224, 228-33, 32 A.3d 307 (2011), our Supreme Court held that, pursuant to General Statutes § 49-17, the holder of a negotiable promissory note secured by a mortgage has standing to bring a foreclosure action against the maker of the note, even before assignment of the mortgage to the holder. [read post]
16 Apr 2012, 4:30 am
Broyles alleged that CA Funds were comprised in part of subprime residential mortgage-backed securities. [read post]
2 Apr 2012, 6:15 am
It was really Part 1 … meaning you should read it first… and it was called… “If We owned a pool of loans, would WE allow principal reductions? [read post]
