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6 May 2013, 6:51 am by admin
Making Home Affordable USA offers loan modification and foreclosure assistance services through its National Mortgage Modification Stimulus Home Saver Program. [read post]
19 Oct 2011, 9:30 am
On September 19, more than 160 New York-based loan officers won a $9 million judgment against TopDotMortgage, Premium Capital's now defunct home mortgage arm and its executives in the U.S. [read post]
8 Aug 2014, 9:25 am by Ray Garcia
The Making Homes Affordable website also provides important information about mortgage servicers. 3. [read post]
16 Mar 2009, 6:00 am
With confusion about the federal "Making Home Affordable" plan, many may assume any refinancing program is legitimate. [read post]
6 Feb 2014, 4:41 pm by Allison Tussey
Between October 2004 and May 2007, Dirain, a loan processor, conspired with others to obtain home loans from mortgage lenders based upon loan applications and supporting documents that falsely represented the borrowers’ assets and income, liabilities and debts, employment status, and citizenship status. [read post]
24 Mar 2020, 9:04 am
In addition, the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, more commonly known as Fannie Mae and Freddie Mac, respectively, have instituted moratoriums on foreclosures, as well as forbearance options for those affected by the coronavirus pandemic. [read post]
12 Aug 2013, 5:07 pm by Allison Tussey
Totten, 56, Oakland, California, an unlicensed mortgage broker who operated a mortgage brokerage business from Rancho Santa Fe, California, was indicted by a federal grand jury on charges that he obtained $2.2 million in mortgage loans using false information and then siphoned off hundreds of thousands of dollars from the sale of the properties. [read post]
17 Feb 2010, 4:50 pm by Howard | Nassiri, PC
At HOWARD | NASSIRI PC, we represent homeowners who need loan modifications to help them stay in their homes and current on their loans. [read post]
30 Mar 2015, 8:17 am by Allison Tussey
Herbert admitted that he did not apply any of the money he received from the victims to reduce their home loan debt. [read post]
22 Apr 2014, 10:10 am by Allison Tussey
Other fraudulent home mortgage loans included an inflated and often disguised commission payment to Kandi. [read post]
11 Apr 2013, 5:41 am by Barbara S. Mishkin
June 6, 2013 on the CFPB’s final rules on loan originator compensation requirements and the Home Ownership and Equity Protection Act expansion. [read post]
21 Feb 2017, 6:01 am by Cathy Moran
My charge to borrowers is to use the rights given them by Dodd Frank regulations to monitor the state of their mortgage loan regularly. [read post]
2 Nov 2010, 1:45 pm by Abbott & Kindermann
For example, in 2007, legislation was introduced in Congress that would have required “mortgage originators” to “make reasonable efforts to secure a home mortgage loan that is appropriately advantageous to the borrower …. [read post]
16 Apr 2007, 3:24 am
Freddie Mac: Federal Home Loan Mortgage Corporation (FHLM); a federally-chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors; this provides lenders with funds for new homebuyers. [read post]
15 Mar 2010, 4:46 am by malik11397
The federal tax exclusion only applies to mortgage balances on your principal residence ” your main home” and not on second homes, rental real estate or business property. 2. [read post]
27 Feb 2009, 10:40 am
At Howard | Nassiri LLP, our Anaheim mortgage loan modification lawyers help clients hold on to their homes by negotiating for better interest rates, a longer repayment term or even a reduction of principal. [read post]
29 Mar 2010, 8:52 am by Bruce Jacobs
More than half of borrowers who received loan modifications on delinquent mortgages default again within nine months, according to a new federal report published by Bloomberg News. [read post]
4 May 2009, 7:25 am
Subprime loans offered on the basis of race are not exactly mortgage fraud -- but they violate federal and state civil rights and housing fairness laws. [read post]
12 Mar 2009, 4:57 am
Last week alone, there were guilty pleas in Minnesota, Delaware, North Carolina and Connecticut and sentences in Florida and Vermont - all stemming from home loan scams. [read post]
17 Feb 2010, 4:50 pm
The article does mention that the average amount of debt in new mortgages has increased slightly, which is a good sign because it shows that home prices may be rising slightly. [read post]