Search for: "Residential Mortgage Loan Trust I" Results 21 - 40 of 208
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15 Apr 2009, 1:04 pm
Notice 2009-36 The HAMP provides for a variety of incentive payments to encourage residential loan modifications, including payments (i) to lenders/investors if the debt-to-income ratio of a loan is reduced below a certain threshold, (ii) to lenders/investors if a modification is made while a borrower is still current, (iii) to lenders/investors if certain home price declines occur and (iv) in reduction of the principal balance of the mortgage… [read post]
4 Jun 2011, 6:49 pm
It provides that when a residential lender in the first position (i.e., the deed of trust recorded first in time) approves in writing a short sale, the lender cannot later seek payment for the unpaid loan balance. [read post]
12 Feb 2010, 12:51 am by Mandelman
Prior to filing a notice of default (for mortgages or deeds of trust recorded prior to December 31, 2009) that are secured by owner occupied residential real property (1 to 4 dwelling units), the mortgagee, trustee, beneficiary or author agent must provide a borrower with a new notice of “Rights And Foreclosure Options” and an application for a loan modification. [read post]
17 Aug 2009, 4:20 am
In my last Credit Slips post, I wrote about what I call the "Alphabet Problem. [read post]
19 Oct 2018, 1:57 pm by Adam Levitin
  Thus, bad loans to one company don't have the same spillover effects as bad residential mortgage loans. [read post]
25 Feb 2016, 9:07 am by Jay Salamon
UDF IV is one of a series of non-traded REITs and real estate companies, along with United Mortgage Trust (UMT), UDF I, UDF III and UDF V. [read post]
25 Feb 2016, 9:07 am by Jay Salamon
UDF IV is one of a series of non-traded REITs and real estate companies, along with United Mortgage Trust (UMT), UDF I, UDF III and UDF V. [read post]
30 Mar 2012, 6:19 am by David Smyth
  For the second time in a two-month span, the Commission has brought a case for fraudulent disclosures regarding the health of a residential loan portfolio. [read post]
17 Jun 2013, 9:48 am
  When a loan is securitized, it is sold to an investment bank, which bundles it with other mortgages in a “special purpose vehicle,” usually in the form of a trust, and sells the income rights to investors. [read post]
24 Dec 2010, 10:16 am
MERS hopes to register every residential and commercial home loan nationwide on its electronic system.Subsequently, MERS transferred its beneficial rights under the note and deed of trust to Morgan Stanley Capital Holdings, Inc., and its servicing rights to Saxon Mortgage Services, Inc. [read post]
13 Oct 2022, 9:49 am by Michael Oykhman
Examples Some examples of breach of trust may include the following: an executor of an estate uses estate funds for personal expenses; a person with power of attorney of a disabled person, who is receiving social assistance funds, does not use the social assistance funds for the disabled person; a manager of a corporation uses investor funds to build their personal residence; and a lawyer uses money held for clients to pay off their personal loans. [read post]
29 Jun 2011, 10:24 am by Kevin LaCroix
The Internet is buzzing over Bank of America’s June 29, 2011announcement (here) of its eye-popping $8.5 billion settlement to resolve “nearly all” of the repurchase claims involving legacy Countrywide-issued residential mortgage-backed securities (RMBS). [read post]
25 Jan 2008, 5:00 am
The California Department of Corporations is responsible for the regulation of securities, franchises, off-exchange commodities, investment and financial services, independent escrows, consumer and commercial finance lending, and residential mortgage lending. [read post]
2 May 2012, 11:11 am by Rich Vetstein
REBA argues, and I agree, that such closings put home buyers and mortgage lenders at risk, erode the public’s confidence in the state’s recording and registration system, and deprive the Massachusetts Interest on Lawyer Trust Accounts program — IOLTA — of thousands of dollars of revenue. [read post]
14 Jun 2012, 4:58 am by Mandelman
  I also know that the further you are behind on your mortgage payments, the more difficult it is to get your loan modified. [read post]
27 Feb 2008, 8:27 pm
We all expected a Senate vote yesterday on Little Dickie Durban's Bankruptcy Reform-of-the-Reform Bill, that would allow bankruptcy judges to rewrite residential mortgage loans. [read post]
6 May 2008, 2:47 pm
According to an older WSJ.com story, Loan Data Focus of Probe:The investigators are finding that Countrywide's loan documents often were marked by dubious or erroneous information about its mortgage clients, according to people involved in the matter. [read post]
22 Nov 2010, 12:50 pm by Adam Levitin
  Ultimately, both the notes and mortgages need to be properly transferred to a trust that will pay for them by issuing securities (backed by the mortgages and notes, hence residential mortgage-backed securities or RMBS). [read post]
12 Dec 2011, 5:30 pm by Mandelman
Adjunct Professor Saint Martin’s University In common parlance, a mortgage (or Deed of Trust) includes the underlying loan (promissory note) and the security on that loan (mortgage or Deed of Trust). [read post]