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16 Oct 2008, 3:28 pm
One excuse we hear from mortgage servicers is their worry about moral hazard. [read post]
3 Aug 2021, 5:12 am
In Mortgagee Letter 2021-19, dated July 30, 2021, HUD advises that the extension of its foreclosure-related eviction moratorium applies to all FHA Title II single-family forward and Home Equity Conversion (reverse) mortgage loans, other than FHA loans secured by vacant or abandoned properties. [read post]
11 Jan 2012, 8:20 am
"As for the real estate industry itself, Botha said economies of scale and cost savings on shared services would be the main drivers for further consolidation among real estate agencies. [read post]
21 Aug 2013, 9:43 am
CARRINGTON MORTGAGE SERVICES, L.L.C., No. 13-0638 . [read post]
21 Feb 2023, 5:32 am
Rewards-based / pre-sale crowdfunding: Fund contributors provide funds to fundraisers to help them develop or produce goods or services and receive those goods or services in return. [read post]
1 Jun 2017, 10:18 am
The most common issues identified by consumers were problems when unable to pay (loan modification/collection/foreclosure), making payments (servicing/collection/foreclosure), and applying for a loan (application/originator/mortgage broker). [read post]
12 May 2017, 6:21 am
Gilley, Cornerstone Research, on Sunday, May 7, 2017 Tags: Broker-dealers, Disclosure, FCPA, Financial reporting, Insider trading, SEC enforcement, Securities enforcement, Securities regulation CHOICE Act 2.0: House Financial Services Committee Revises Regulatory Reform Bill Posted by John C. [read post]
24 Aug 2017, 9:43 am
In addition, the effects of using a reverse mortgage loan to delay collecting Social Security benefits would likely reduce the equity in your home. [read post]
27 Oct 2023, 10:06 pm
You have invested your money, time, and sweat equity to build a company that will be successful for years to come. [read post]
23 Aug 2011, 6:58 am
So we were interested but not surprised to see the decision in Matrix Financial Services Corp. v. [read post]
13 Jul 2020, 2:59 pm
[v] As a result, an existing portfolio company (regardless of size) of a private equity fund may be ineligible to receive a Main Street Loan. [read post]
6 Nov 2008, 4:13 am
Here's the problem for loan servicers: mortgage servicers advance delinquent loan payments, costs of collection, and foreclosure costs. [read post]
18 Dec 2010, 10:14 am
Spencer Bachus (R-AL), incoming Chair of the House Financial Services Committee, has named Rep. [read post]
3 Mar 2007, 7:12 am
(f) Open-end lines of credit (home-equity plans) under Truth in Lending Act. [read post]
27 Jan 2020, 11:47 am
Once again, the program will be split between grant only, 50/50 grant/loan, and loan only, with up to $200 million available in each category. [read post]
26 Jun 2009, 11:32 am
Yet packages of these toxic auto loans were simultaneously being bundled and sold as derivatives by banks, spreading the damage throughout the financial services and wider economy. [read post]
15 Jan 2010, 7:32 am
Consumer bankruptcy lawyers told the newspaper that mortgage debt helped push some people into bankruptcy by cutting off home equity loans as a source of credit. [read post]
24 May 2018, 8:40 pm
The balance also goes up each month with interest charges, mortgage insurance premiums, and servicing fees being added to the balance.The loan balance eventually must be repaid either when you pass away or when you move out of the house. [read post]
4 Sep 2009, 11:58 am
Citizens used a company named Fiserv to provide its online banking services, including information security services, and argued that Fiserv had a solid reputation in the banking industry and that its security measures were not the cause of the money transfer. [read post]
30 Jul 2015, 6:52 am
A reverse mortgage is a home loan that allows older homeowners—usually age 62 or older—to borrow against the accrued equity in their homes and defer payment of the loan until they die, sell, or move. [read post]
