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16 Oct 2011, 9:04 pm
In short, bankruptcy seems to push the debtor’s loan modification to the top of the stack, making it a priority for the mortgage company – sort of like a theme park Express Pass that let’s you skip the long line. [read post]
15 Oct 2011, 4:43 am
Okay, look… this article is long, I know. [read post]
14 Oct 2011, 11:07 am
We’re not, you know the Soviet Union with a centralized, controlled command economy where the Federal Government tells us everything, what to do. [read post]
11 Oct 2011, 7:15 pm
They aren't property management companies. [read post]
5 Oct 2011, 11:00 pm
One of the judges in the Central Islip Bankruptcy Court permits Chapter 7 debtors to cram-down second mortgages. [read post]
29 Sep 2011, 7:12 am
Apparently, as land prices went higher and higher between 2003 and 2007, Spain’s banks became more and more eager to push out loans to developers and construction companies, and as of the middle of this year, 17 percent of the loans made to Spanish real estate developers and construction companies were considered “doubtful,” which is the term favored by the country’s central bank. [read post]
27 Sep 2011, 2:51 pm
Senate contained an express Congressional finding that a “central cause” of the economic crisis was a “widespread failure of corporate governance. [read post]
19 Sep 2011, 1:15 am
As discussed here, in July 2011, the FDIC filed a lawsuit in the Central District of California against Perry. [read post]
9 Sep 2011, 6:00 am
The condo association will not be holding the mortgage – that’ll be a bank somewhere. [read post]
8 Sep 2011, 6:39 am
It is the condo boards, and not the management companies, that decide on the extent of the application package, said Dan Wurtzel, the president of Cooper Square Realty, which manages 372 Central Park West and 360 East 88th Street. [read post]
7 Sep 2011, 6:00 am
The homeowners were told that, by paying the company, they would save their homes from foreclosure, but they ended up losing their homes to foreclosure because the company that defrauded them, in reality, did nothing with their files. [read post]
6 Sep 2011, 9:36 am
” In the aftermath of a disaster, residents can encounter a variety of legal issues including denials of insurance claims, problems with a landlord or mortgage company, and price gouging. [read post]
1 Sep 2011, 11:34 am
Supreme Court denied an appeal to reconsider, the central bank released more than 29,000 pages of documents. [read post]
30 Aug 2011, 7:44 am
The SEC has reported that it received a number of comments on the “qualified residential mortgages” exemption included in Section 941. [read post]
29 Aug 2011, 2:08 am
In an opinion that provides an interesting glimpse of a complex D&O insurance program, on August 24, 2011, Central District of California Judge R. [read post]
23 Aug 2011, 3:08 pm
In its consolidated complaint filed on May 19, 2009, a nation-wide class of investors led by the State of Michigan Retirement System (SMRS) sued AIG for violations of the securities laws in connection with its role in the mortgage-backed security crisis. [read post]
18 Aug 2011, 8:52 pm
Central Mortgage Co. v. [read post]
18 Aug 2011, 5:01 pm
Michael Fitzgerald, a nominee for district court in the Central District of California, reported a net worth of $2.1 million. [read post]
18 Aug 2011, 12:09 pm
Central Mortgage Company v. [read post]
15 Aug 2011, 6:39 am
After the homes are built and sold, what will their residents do for money to pay the mortgage? [read post]
