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26 May 2017, 4:24 pm by Amy Howe
The case was brought by another Somali national, Farham Mohamoud Tani Warfaa, who alleges that he was kidnapped from his home in Somalia and taken to Ali’s headquarters, where he was tortured and shot. [read post]
3 May 2022, 11:55 am by Richard J. Andreano, Jr.
The Federal Housing Finance Agency (FHFA) recently announced that for residential mortgage loans to be sold to Fannie Mae or Freddie Mac with application dates on or after March 1, 2023, the lender must present a Supplemental Consumer Information Form (SCIF) to collect information on the applicant’s language preference. [read post]
Can Mortgage Loan Originators, Underwriters and Loan Processors be Permitted to Work from Home? [read post]
24 Aug 2012, 4:16 pm by BuckleySandler
The announcement also implements the extended stay of foreclosure protections enacted recently as part of the Honoring America’s Veterans and Care for Camp Lejeune Families Act and the extension of the federal Making Home Affordable Programs. [read post]
16 May 2010, 4:17 am by Mandelman
” Full disclosure would bring the department in line with the Federal Deposit Insurance Corp., which made public the NPV formula [2] (PDF) developed for its loan modification program, on which Making Home Affordable is based. [read post]
8 Apr 2012, 8:20 am
The bureau itself was founded in 2010, with the goal of serving as a watchdog for consumers in the arenas of home loans, banking and financial products. [read post]
13 Oct 2015, 11:59 am by Alec Covington and Joshua Davey
The case also makes clear the CFPB’s position that pension advance loans must be unambiguously advertised as loans, rather than sales, and pension advance companies must ensure their interest rate regimes comply with both federal and applicable state standards. [read post]
15 Nov 2009, 11:08 pm by Michael Geist
The first option is presumably for the federal cabinet to overrule the CRTC. [read post]
23 Nov 2012, 12:59 pm by Jon G. Brooks
One mandated by federal law that provides a range of powerful protections for the debtor—from stopping all collection activities, including lawsuits, to allowing one to actually remove judgment liens from one’s home—and that federal debt relief program is called bankruptcy. [read post]
13 Jan 2015, 12:01 pm
The two companies were Professional Home Care Solutions Inc. and LTC Professional Consultants Inc. [read post]
27 Aug 2014, 7:59 am by Allison Tussey
” According to court documents, the mortgage referral information, which contained thousands of such individual mortgage leads, was valuable information because it consisted of mortgage loan consumers who were ready, willing and financially-able to close on mortgage loans, refinancing loans and home equity loans. [read post]
12 Apr 2010, 11:52 am by Deepak Gupta
by Deepak Gupta A new study, The Preemption Effect: The Impact of Federal Preemption of State Anti-Predatory Lending Laws on the Foreclosure Crisis (PDF), conducted by UNC-Chapel Hill's Center for Community Capital, concludes that federal action to exempt large national banks from state consumer protection laws led to increased numbers of home foreclosures and risky lending practices. [read post]
28 Dec 2010, 10:04 am by Mandelman
” The Times’ story then went on to recount the following tale: “Sharon Bell, a retiree who lives in Laguna Niguel, southeast of Los Angeles, needs a modification to keep her home. [read post]
10 Jul 2018, 6:20 pm by Kevin Schmidt
Department of Justice must turn over some of the documents a Harvard Law School legal clinic had sought from a whistleblower lawsuit over a struggling Pittsburgh-based for-profit college provider’s student recruitment and loan policies.U.S. [read post]
9 Jul 2014, 7:53 am by Allison Tussey
Hicks, 42, Little Rock, Arkansas, were loan officers at mortgage brokerage companies. [read post]
4 Jun 2012, 2:52 pm by Mandelman
 Five of the company’s other senior managers each took home over $400,000 that same year, and one guy… Joshua Mandelman… apparently made $454,000 shaking down those that had defaulted on their student loans. [read post]