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9 Jun 2010, 7:43 pm
At the rate the federal government is going with legislation that makes consumer lending a compliance nightmare for lenders, they'll lower the margins on an already razor-thin margin business to the point that I doubt we'll have to worry about an excess of cheap mortgage money chasing too many potential borrowers in the future. [read post]
9 Jun 2010, 12:50 pm
You know, so that maybe… just maybe… the day will come when someone other than the federal government will want to invest in a mortgage backed security of one kind or another. [read post]
8 Jun 2010, 8:14 am
MTI Services Corporation d/b/a Mortgage Training Institute, No. 1:2010cv01253 (filed May 18, 2010) [read post]
2 Jun 2010, 4:12 am
The client companies she claims to have “called” she lists as follows: Merrill Lynch – Merrill Lynch, like the companies that follow below, is not a company that you could call to ask such a question, unless perhaps you called Human Resources. [read post]
28 May 2010, 4:32 pm
According to regulatory filings made by the GSEs earlier in the year, the two companies are expecting to return as much as $21 billion in home mortgages to banks in 2010. [read post]
26 May 2010, 7:20 am
Mortgage companies typically won't pursue homeowners who negotiate in good faith, or those who default because of job loss, health problems or other unforeseen circumstances, according to the Herald's report. [read post]
21 May 2010, 1:26 pm
Many investment advisers, such as SEC registered Investment Adviser Fisher Investments, use a boilerplate JAMS commercial arbitration clause in their Account Agreements (“LOA”) with customers that include a Delaware choice-of-law provision. [read post]
20 May 2010, 5:15 am
“(Wall Street’s bankers) used huge balance sheets to place bets in brand new financial markets, stirring together complex derivatives with exotic mortgages in a toxic brew that ultimately poisoned the global economy. [read post]
13 May 2010, 10:42 am
All three worked at her mortgage broker company called Best Choice Mortgage. [read post]
11 May 2010, 9:22 pm
Apparently, the company was advising people to stop paying their mortgages, saying it was the only way to obtain a loan modification, then turned around and repossessed their homes. [read post]
10 May 2010, 11:30 pm
And not liquidators, whose task is to maximize a company’s assets by recovering its losses, or pursuing its debtors, or disputing disposals of its property. [read post]
7 May 2010, 6:32 am
Michael Hill fell behind on his mortgage payments in early 2009 and spent months trying to get a loan modification from JP Morgan Chase. [read post]
5 May 2010, 8:59 am
Lenders financed these transactions because they knew they could sell their mortgages to federally-backed greater fools, Fannie Mae and Freddie Mac. [read post]
3 May 2010, 11:50 pm
Anyway, luckily they found a company that helped them get their loan modified, advance fee and all, and everything eventually worked out fine, so I asked for the company’s number so I could call and interview someone there. [read post]
1 May 2010, 7:15 am
However, in the last 18 months, seemingly in response to the Great Recession, there have been some judicial developments that suggest a shift in the balance between openness to new, distress investment in troubled companies and orientations that may favor other stakeholders. [read post]
22 Apr 2010, 11:45 am
In March 2008, as the financial crisis worsened, the Federal Reserve facilitated the sale of Bear Steams to lPMorgan Chase. [read post]
22 Apr 2010, 6:16 am
It cited General Electric, Bank of America and JPMorgan Chase, among other examples. [read post]
19 Apr 2010, 2:26 am
Morgan Chase released its first quarter financial results on April 14, 2010 (refer here), the firm disclosed that it "$2.3 billion in additional litigation reserves, including those for mortgage-related matters" It should be noted that further regulatory action may come not just from officials in the U.S. [read post]
18 Apr 2010, 11:18 pm
The Huffington Post has posted an article about JPMorgan Chase's pitiful argument against mortgage modifications. [read post]
18 Apr 2010, 4:52 am
Like Simpson chased the Antars and their money to all ends of the earth, he can be expected to be even more relentless in his pursuit of the "high and mighty" Goldman Sachs in any long running legal marathon. [read post]
