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28 Mar 2010, 10:13 pm
The program is mainly aimed at people who obtained loans from Countrywide Financial, a very large and aggressive lender back in the housing boom. [read post]
28 Jul 2011, 7:02 am
That was how National City Mortgage Company v. [read post]
12 Mar 2011, 2:38 am
So, it’s a mortgage backed security, or MBS, as opposed to a corporate bond issued by a company like GE or IBM, or a Municipal Bond, issued by a city or municipality, which are only backed by the company’s or the city’s credit rating at the time the bond was issued. [read post]
13 Mar 2010, 2:33 pm
Just fill out the form below: Contact Information First Name * Last Name * Email * Street Address 1 Street Address 2 City * State * Zip Code [read post]
10 Mar 2011, 3:00 pm
Yeasmin’s eldest brother, Mohammed Parpez, 35, said that before the judge’s order, Wells Fargo was resistent to a loan modification. [read post]
29 Nov 2018, 11:58 am
Unlike with securitized mortgages, there were no homes as secured real assets to foreclose on, leaving collection lawsuits against borrowers and cosigners, followed by execution on nonexempt assets and garnishment, as forcible collection tools. [read post]
31 Oct 2013, 6:21 am
National City Bank, 726 F.3d 372 (3d Cir. 2013). [read post]
31 Oct 2013, 6:21 am
National City Bank, 726 F.3d 372 (3d Cir. 2013). [read post]
22 Jan 2007, 11:35 pm
There is an interesting article here on buy to let mortgages (which will be 10 years old this summer) which shows that they are highly successful and indeed less risky (for the lender) than residential mortgages as only 0.68% are in arrears of more than three months, compared to 0.97% of normal loans.Buy to let mortgages now account for 8% of the housing stock in the UK and the buy to let market is worth over £73 billion. [read post]
10 Feb 2020, 9:29 am
For more information contact your Yuba City bankruptcy attorney at (530) 797-4402. [read post]
6 Mar 2009, 8:17 am
It is a challenging year for mortgage bankers/brokers and anyone else connected to the real estate industry. [read post]
3 Nov 2008, 5:20 am
The mortgage nightmare continues. [read post]
4 Mar 2010, 12:44 pm
Just fill out the form below: Contact Information First Name * Last Name * Email * Street Address 1 Street Address 2 City * State * Zip Code [read post]
15 Feb 2018, 4:37 pm
The act, passed in 1975, requires mortgage lenders to report basic data about loan applications to ensure fair lending practices. [read post]
12 Mar 2009, 3:21 am
The third amended complaint essentially alleged that contrary to the company’s public statements and to the company’s own underwriting guidelines, the company’s Alt-A loans were being sold to less creditworthy borrowers, so that the Alt-A loan portfolio was as risky as a portfolio of subprime mortgages. [read post]
3 Jan 2012, 8:43 am
As my BLN colleagues have explained in detail both government and private efforts to modify mortgage loans has been an abject failure. [read post]
5 Apr 2011, 2:07 pm
The rate of foreclosures among outstanding mortgage loans in the Twin Cities was 2.29 percent in December, an increase of about four-tenths of 1 percentage point compared with the same month in 2009, according to CoreLogic, a California-based provider of consumer, financial and property information to business and government. [read post]
1 May 2017, 2:40 pm
It not only resurrects claims that cities threatened to bring during the height of the mortgage crisis, but it establishes a new theory of municipal standing. [read post]
1 May 2017, 2:40 pm
It not only resurrects claims that cities threatened to bring during the height of the mortgage crisis, but it establishes a new theory of municipal standing. [read post]
11 Oct 2007, 6:12 am
But the data contradict the conventional wisdom that subprime borrowers are overwhelmingly low-income residents of inner cities. [read post]