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14 May 2012, 8:50 am by Joe Consumer
And speaking of mortgages, earlier this week, “Deutsche Bank AG (DBK) agreed to pay $202.3 million to settle civil claims that its MortgageIT unit lied to qualify thousands of risky mortgages for a federal insurance program in what the U.S. called a ‘massive fraud. [read post]
14 May 2012, 8:50 am by Joe Consumer
And speaking of mortgages, earlier this week, “Deutsche Bank AG (DBK) agreed to pay $202.3 million to settle civil claims that its MortgageIT unit lied to qualify thousands of risky mortgages for a federal insurance program in what the U.S. called a ‘massive fraud. [read post]
4 Sep 2019, 2:28 am by opadmin
As soon as you miss a mortgage payment, give your mortgage lender a call to let them know you’re struggling financially. [read post]
12 Apr 2007, 8:59 pm
According to Bloomberg, the trustee for the creditors of American Business is suing Bear Stearns, Credit Suisse, JP Morgan Chase, and Morgan Stanley, who underwrote and sold $3.6 billion of mortgage-backed bonds secured by mortgage loans originated by American Business between 2000 and 2003, pocketing $50 million in fees. [read post]
25 Apr 2011, 7:47 pm by Mandelman
The story involved a company that had charged a handful of homeowners several thousand dollars up front to help them negotiate with their banks to get their mortgages modified. [read post]
2 May 2011, 4:40 pm by Rich Vetstein
They won’t have to chase old owners across the U.S. either, often being forced to pay these owners ransom money to sign a deed over. [read post]
16 Aug 2021, 4:02 am by Joshua Holt
Aside from offering student loans, they also provide a variety of financial products, including investment services, personal loans, home mortgages, loan consolidation, and insurance. [read post]
11 Feb 2013, 12:45 am by Kevin LaCroix
” The article cites one specific example in which a 2006 review of mortgages found that over 1,100 mortgages were more than 30 days delinquent, but that the offering document sent to investors showed only 25 loans as delinquent. [read post]
16 Jul 2017, 4:22 pm by WOLFGANG DEMINO
They executed a note with an original principal of $219,900 as well as a Deed of Trust in favor of First Consolidated Mortgage Company to secure payment. [read post]
20 Jul 2011, 5:08 am by Mandelman
And here’s what it says on the Website of JPMorgan Chase: If you have concerns about your ability to pay your Chase mortgage, we’re ready to help. [read post]
10 Feb 2012, 1:25 pm
Mortgage-Backed Securities: Residential and Commercial The underlying collateral of mortgage-backed securities may be difficult to ascertain, and some lack a robust secondary market. [read post]
10 May 2011, 1:51 am by Tomassi Law Associates
The problem, Woodland said, is that companies servicing mortgage loans owe their primary allegiance to the investors who stand to lose money if any principal gets taken off the loan. [read post]
28 Oct 2011, 5:57 am by Dave
  Ms Miller couldn’t afford to pay her mortgage and ran up a couple of months’ arrears. [read post]
28 Oct 2011, 5:57 am by Dave
  Ms Miller couldn’t afford to pay her mortgage and ran up a couple of months’ arrears. [read post]
22 Apr 2010, 11:45 am by Mandelman
In March 2008, as the financial crisis worsened, the Federal Reserve facilitated the sale of Bear Steams to lPMorgan Chase. [read post]
5 Feb 2015, 7:26 am by Joe Consumer
That has saved an estimated $10 billion to $14 billion for the company. [read post]