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3 May 2009, 7:41 pm
The Gallup poll isn't directed to the same industry group that MBA chairman Kittle was addressing. [read post]
1 May 2009, 8:24 am
Sanders called his proposal, a direct response to the credit cards' recent rate hikes, "a national usury law. [read post]
1 May 2009, 8:21 am
After the collapse of Enron, Lehman, and AIG; the imminent demise of the Big Three, and, the death of the fractionated mortgage market, Washington is the new downtown and the FTC the new "Murray. [read post]
1 May 2009, 2:36 am
The Georgia Family Law blog published How Support via Direct Deposit Damages Your Mortgage Application After Divorce which finds several problems for payees. [read post]
30 Apr 2009, 10:40 pm
A recent Missouri case held that when drafting a chapter 13 plan for a bankruptcy debtor who is behind on home mortgage payments, the plan may not provide for direct payment of the regular, ongoing monthly mortgage payments by the debtor to the mortgage bank. [read post]
30 Apr 2009, 4:41 pm
This is often the result of a predatory practice known as "steering," in which a broker or bank loan officer is compensated for directing applicants toward more costly mortgages. [read post]
30 Apr 2009, 1:04 pm
The Senate is likely to introduce and pass its own mortgage reform bill (which may or may not include the suspension of the GFE and HUD-1 and the directive to HUD to work with the Federal Reserve Board on disclosures), after which the House and Senate must resolve any differences in a conference. [read post]
28 Apr 2009, 7:14 am
,(E.D.Mich.)Class Actions - Named plaintiff was not appropriate class representative in action against title insurer to recover overcharges on mortgage rates.A federal district court in Michigan has denied certification of a refinancing homeowner's putative class action against a title insurer which allegedly overcharged on premiums on policies issued to mortgage lenders. [read post]
28 Apr 2009, 6:19 am
In 2005, the Federal Reserve released home mortgage data which, for the first time, contained data on the race, sex, and income of the loan applicants. [read post]
27 Apr 2009, 12:42 am
We can see the likelihood of many common business practices being characterized as "fraud" where money is lost or properties are foreclosed.Any questions or comments should be directed to: tgreen@greenassoc.com or aschneider@greenassoc.com. [read post]
24 Apr 2009, 6:02 pm
A crisis is now playing itself out in the mortgage, credit card, auto loan, title loan, refund anticipation loan, and payday loan markets. [read post]
23 Apr 2009, 1:59 pm
Adjustable-rate mortgages and interest-only mortgages will convert to a fixed interest rate upon modification. [read post]
23 Apr 2009, 7:58 am
A new mortgage bill was recently announced by the House Financial Services Committee that would require mortgage originators to retain a minimum of 5% of the credit risk of a mortgage. [read post]
23 Apr 2009, 4:20 am
Do you think that the auditors might have shown some skepticism when individuals were being approved for mortgages for amounts greatly exceeding three times their income? [read post]
22 Apr 2009, 5:26 pm
This program calls for lenders to voluntarily participate in a multifaceted plan directed to first reduce the borrower’s payments to 38 percent of monthly income, and then to 31 percent, through partnership with the government. [read post]
21 Apr 2009, 4:17 pm
As a condition of some loans for the Company, the banks required guarantees and mortgages from the parties. [read post]
21 Apr 2009, 7:18 am
The woman has a balloon second mortgage due May 1, 2009.So you say "CASH NOW"? [read post]
21 Apr 2009, 3:30 am
A direct link to the BC Court of Appeal decision is helpful. [read post]
20 Apr 2009, 6:01 pm
During the widespread defaults of the 1980s and early 1990s, lenders pursuing remedies were met by a massive upsurge in claims directed at them. [read post]
20 Apr 2009, 1:38 pm
Given the current financial crisis and the failure of many investment markets due to the subprime mortgage crisis, many disgruntled investors are turning to lawyers to determine whether their losses may have been caused by the unlawful conduct of investment advisors and brokers. [read post]
