Search for: "Federal Home Loan Mortgage"
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18 May 2012, 8:14 am
They also must owe more on the mortgage than their home is worth today. [read post]
16 Apr 2015, 12:35 pm
Last week, the CFPB announced an enforcement action against RMK Financial Corporation d/b/a Majestic Home Loans (RMK) related to deceptive mortgage advertising practices. [read post]
9 Dec 2009, 6:10 pm
As Garden Grove loan modification attorneys, we already knew that the federal mortgage aid program continues to fall short despite repeated government tweaks and stern lectures to lenders. [read post]
11 Apr 2014, 9:48 am
From about 2005 to 2007, Marshall and nine co-conspirators obtained mortgage loans through the use of straw buyers and by submitting false and fraudulent loan applications to federally insured financial institutions. [read post]
22 Apr 2014, 8:02 am
Constantinou was a loan officer at GMAC Mortgage from 2006 to 2007 and at Countrywide Home Loans from 2007 to 2008. [read post]
4 Jun 2015, 10:00 am
As we have previously written, the Toolkit has been redesigned to explain to consumers how the Loan Estimate and the Closing Disclosure work, and how the two documents interact during a home loan purchase. [read post]
7 Aug 2009, 5:44 am
A Boston attorney has filed a class action lawsuit against Bank of America Home Mortgage and Wells Fargo Home Mortgage, alleging that the lenders knew or should have known that the loans could grow bigger over time and were unaffordable to borrowers. [read post]
30 Oct 2013, 7:28 am
Everett Pope, aka Jonathan Pincuss, 38, Bolingbrook, Illinois, and Colbi Andry, aka Richard Lockwell and Rich Ingram, 38, Chicago, Illinois, who operated various businesses at multiple Chicago area locations since at least 2009 are facing federal fraud charges for allegedly charging thousands of dollars in advance fees, purportedly to help individuals modify their existing home mortgage loans, but then failing to provide the services they promised. [read post]
13 Jun 2012, 7:24 am
If you are upside down on your home and struggling to make your mortgage payments, a home loan modification can save your home. [read post]
27 Nov 2007, 4:01 pm
The maximum value of "conforming" loans eligible to be purchased and securitized by mortgage financing companies Fannie Mae and Freddie Mac will remain at $417,000 for 2008 throughout most of the United States, the federal government announced Tuesday. [read post]
3 Mar 2014, 8:53 am
During 2007 and 2008, he acquired and refinanced several more homes with mortgage loans. [read post]
1 Jun 2020, 6:37 am
For example, in Pennsylvania, the state Attorney General created a relief program for those with private mortgages, based on the CARES Act federal loan relief. [read post]
11 Oct 2018, 7:49 am
Straw Buyer – Using a different buyer’s name and credit to secure a home loan, often with some sort of financial kickback to the buyer. [read post]
11 Oct 2018, 7:49 am
Straw Buyer – Using a different buyer’s name and credit to secure a home loan, often with some sort of financial kickback to the buyer. [read post]
5 Sep 2012, 5:44 am
We reported earlier on the national mortgage fraud settlement between the federal government, state attorneys general, and the five largest mortgage servicers. [read post]
9 Oct 2007, 8:57 am
It accuses Fremont of "engag[ing] in unfair and deceptive conduct on a broad scale in connection with selling mortgage loans to Massachusetts consumers. [read post]
18 May 2012, 12:29 pm
According to court documents, one month after conspirators fraudulently obtained $1.2 million in mortgage loan proceeds, they applied for and fraudulently received a $350,000 home equity loan, the proceeds of which were distributed among some of the conspirators. [read post]
1 Apr 2020, 3:30 am
(Urban Financial), violated the False Claims Act (FCA) by knowingly originating and underwriting hundreds of Home Equity Conversion Mortgage (HECM) loans insured by the Federal Housing Administration (FHA) that did not meet critical U.S. [read post]
8 Mar 2017, 6:35 am
More When your second mortgage falls silent Mortgage servicers can’t add or subtract Stripping underwater mortgage liens © By William Purdy The post What If Your Loan Modification Vanishes? [read post]
16 Oct 2012, 6:01 pm
She contacted Al Staples, a mortgage broker she had worked with before, who got her a loan with a high adjustable interest rate through Option One Mortgage Corp, secured by her own home. [read post]
