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24 Feb 2015, 8:16 am by Allison Tussey
Carmen Johnson, 48, Gambrills, Maryland, was convicted by a federal jury on charges of conspiracy, wire fraud and making a false statement on a loan application, arising from two residential mortgage fraud schemes. [read post]
30 Apr 2009, 7:13 am
But if you believe you were lied to or misled when you took out a mortgage or refinanced your home, Howard | Nassiri LLP can help. [read post]
10 May 2010, 1:31 pm by Attorney Goldstein
As a result of this theory, many people who do not truly understand how the Federal loan modification programs work or how many of the private mortgage workouts are set up, will tell you that you need to miss at least a few mortgage payments before anyone will even consider you for a modification. [read post]
8 Jan 2011, 5:10 am
Ally will pay $462 million to offset the $2929 billion in home loans it packaged and sold to Fannie Mae before June 30 of this year. [read post]
31 Dec 2013, 1:42 pm by Larry Tolchinsky
Federal law always considered the difference between the sales amount on the foreclosure and the mortgage balance, or the amount negated in a mortgage loan modification as income, even though the Florida home owner never saw any dollar bills in the palm of his hand. [read post]
17 Nov 2014, 3:00 am by Sam Turco
  (Is home ownership a disqualification for student loan discharge? [read post]
20 Feb 2016, 8:26 am by Christie D. Arkovich, P.A.
 Similar to letting an underwater home go, the tax forgiveness is potentially huge for student loans, principal reductions on mortgage modifications, short sales and foreclosures. [read post]
15 Feb 2013, 10:52 pm by Rich Vetstein
We introduce this subject with a riddle: What entity is not a bank but claims to hold title to approximately half of all the mortgaged homes in the country? [read post]
4 Aug 2009, 8:08 am
On Tuesday, the federal government made a deal with mortgage company execs to perform 500,000 loan modifications by Nov. 1 - a significant scale back from than the 3-4 million first expected to be helped by the Making Home Affordable program. [read post]
24 Aug 2009, 6:32 am
Federal regulators offered the new owners a more advantageous deal than other banks enjoy: Continue the FDIC's efforts to modify loans and the agency would cover all of the losses in OneWest's mortgage portfolio. [read post]
19 Mar 2012, 12:22 pm
The mortgage settlement is also controversial because it does not apply to mortgages with lenders besides the major five lenders, to loans insured by the Federal Housing Administration, or those loans owned by Fannie Mae or Freddie Mac. [read post]
19 Oct 2011, 11:48 am by McNabb Associates, P.C.
From June 2001 through 2008, the couple used a Spicer Lake property as their vacation home without ever owning it by also arranging fraudulent mortgage loans for a series of straw buyers. [read post]
19 Nov 2008, 10:18 pm
His bill this time around would also require certain federal agencies to restructure mortgage loans involved in homeowner assistance programs already approved by Congress. [read post]
27 Oct 2010, 6:46 am by On the Net
” Related posts:Phoenix Home-loan Modification Delayed for Many Obama’s Home Loan Modification Program a Bust for Phoenix Area Home Owners Arizona Attorney General Targets Home Loan Schemes [read post]
1 Mar 2022, 7:29 am by Darin Swayne
FHA-insured To find out whether you have a Federal Housing Administration (FHA)-insured loan, you’ll need to review your mortgage statement, HUD-1, other loan documentation, FHA Case Number, or call the servicer FHA does not require a lump sum at the end of forbearance. [read post]
18 May 2009, 6:33 am
Borrowers have many rights under state and federal law, including the right to full disclosure of loan terms. [read post]
11 Jun 2010, 2:58 pm
Lender policies and the federal Home Affordable Modification Program ban foreclosures before a loan modification is complete, but it happens anyway, due to poor intra-lender communications and a lack of independent oversight. [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]
9 May 2013, 7:24 am by admin
The indictment alleges that Kalyuzhnyy caused the preparation and submission of loan applications to federally insured lenders that falsely stated various home buyers’ income, employment, assets, and intent to occupy the homes as their primary residences. [read post]