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15 Nov 2010, 1:50 pm by blacklobellolaw
  For example, in the event that someone sells their home with a $200,000 mortgage for $100,000 there is a deficient amount of $100,000. [read post]
2 Apr 2012, 8:45 am
Portland is quite the microcosm of America. [read post]
2 Feb 2012, 8:31 pm by Perry, Krumsiek & Jack, LLP
So for example, a home owner with a $300,000 outstanding mortgage balance on a home worth only $200,000 could still qualify even though their LTV is 150%. [read post]
6 Sep 2011, 7:38 pm by Ray Garcia
Mortgage documents are being invalidated by courts in Florida, furthermore, insurers are hesitant to write policies, and judges are blocking banks from foreclosing on certain homes based on the invalid documents. [read post]
28 Oct 2010, 3:16 pm
Lenders are now facing numerous such lawsuits, including a class action in Boston federal court against Bank of America. [read post]
27 Feb 2019, 7:40 am by ccollins
The City of Birmingham Retirement and Relief System and the Electrical Workers Pension System Local 103 have filed a proposed class action securities fraud lawsuit accusing a number of big banks of colluding with one another to rig the prices of Federal Home Loan Mortgage Corp. [read post]
22 Aug 2012, 2:00 am by Nicole Kellner-Swick
Specifically, in the NCUA’s Second Quarter Call Report (Call Report), credit unions are being required to report loans, including home equity lines of credit that are secured by a first lien as first mortgages for interest rate risk purposes on form 5300. [read post]
23 Jan 2012, 5:03 pm by Mandelman
Sheets, Wells Fargo Bank, N.A. received and reviewed your recent correspondence regarding your concerns as it relates to your Grandfather’s mortgage. [read post]
29 Apr 2009, 4:19 pm
As of April 28, the Making Home Affordable website listed the following servicers as having executed HAMP contracts: Bank of America, N.A.; Chase Financial LLC; CitiMortgage, Inc.; Countrywide Home Loans Servicing LP; GMAC Mortgage LLC; Home Loan Services, Inc.; Ocwen Financial Corporation, Inc.; Saxon Mortgage Services; Select Portfolio Servicing; Wells Fargo Bank, N.A.; and Wilshire Credit Corporation. [read post]
15 Oct 2011, 10:19 am
This increase shows that lenders are becoming more aggressive against borrowers who are behind on their mortgages. [read post]
26 Feb 2010, 12:36 pm by Simon Lester
That investment keeps long-term interest rates down, saving a typical homeowner $1,000 a year in mortgage payments. [read post]
5 Oct 2010, 1:12 pm
Indeed, just recently an individual's home was foreclosed on despite the fact that his home did not have a mortgage, and in another instance a local South Florida Judge blasted the bank's foreclosure lawyer for failing to follow appropriate procedure in a foreclosure case. [read post]
" The witnesses scheduled to testify areAttorney General of Iowa, Tom MillerPresident of Bank of America Home Loans, Barbara DesoerCEO of Chase Home Lending, David LowmanCEO of MERSCORP., Inc., RK ArnoldAssociate Professor of Law, Adam J. [read post]
13 Apr 2012, 1:26 pm by Philip R. Stein
Mortgage Backed Securities Related Lawsuits Bank of America recently told FNMA that it was unwilling to repurchase loans from it, and is also refusing to buy back loans from its other investors, giving rise to MBS-related lawsuits, for example. [read post]
13 Apr 2012, 1:26 pm by Philip R. Stein
Mortgage Backed Securities Related Lawsuits Bank of America recently told FNMA that it was unwilling to repurchase loans from it, and is also refusing to buy back loans from its other investors, giving rise to MBS-related lawsuits, for example. [read post]
3 Sep 2011, 12:52 am
As we all know, many Americans faced or are facing foreclosure of their homes. [read post]
3 Sep 2011, 12:52 am
As we all know, many Americans faced or are facing foreclosure of their homes. [read post]
1 Nov 2010, 3:00 am by LindaMBeale
The assignment of the related Mortgage to the Trustee constitutes the legal, valid and binding assignment of such Mortgage... [read post]