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31 Oct 2011, 6:21 am
" Instead of giving Bank of America the underperforming loans at an extremely cheap price, how about giving the homeowners associated with those loans the right of first refusal to buy their home for the amounts their loans were sold to Bank of America. [read post]
14 Aug 2009, 2:56 am
As previously reported on Mortgage Fraud Blog, Davis, a former mortgage broker who was the owner of Master Marketing Consultants, admitted that he participated in two separate conspiracies to obtain mortgage loans for the purchase of homes based on false loan …Read More... [read post]
11 Jan 2013, 6:51 am by Molly Foley-Healy
The new federal guidelines, which are required by the Wall Street Reform and Consumer Protection Act (commonly known as the Dodd Frank Act), establish minimum requirements for all mortgage loans. [read post]
2 Dec 2009, 4:38 pm by Howard | Nassiri, PC
As Westminster loan modification lawyers, we agree that bankruptcy cramdowns, which would allow bankruptcy judges to reduce principal owed on a primary-home mortgage, would provide lenders a powerful incentive to consider loan modifications instead. [read post]
23 Mar 2020, 8:15 am by Cathy Moran
So, how do you know if Fannie or Freddie owns or guarantees your home loan. [read post]
16 Oct 2011, 7:46 pm by Kevin Funnell
In 2010, MetLife Home Loans ranked as the 11th largest mortgage servicer in the U.S., with its servicing business valued at $115.9 billion in the fourth quarter. [read post]
15 Jun 2012, 8:00 am by Lucas A. Ferrara, Esq.
  For more information see the website Your Home and the publication Forensic Mortgage Loan Audit Scams: A New Twist on Foreclosure Rescue Fraud . [read post]
4 Aug 2010, 7:06 am
Our Orange loan modification lawyers are pleased to see the federal government take this step. [read post]
6 Nov 2013, 7:39 am by Allison Tussey
Because these buyers/borrowers could not on their own qualify for the mortgage loans, they frequently defaulted soon after getting the mortgage loans and the homes went into foreclosure, which caused substantial losses to the mortgage lenders and mortgage insurance provider HUD/FHA. [read post]
28 Sep 2009, 2:15 am
A federal grand jury has indicted 14 individuals on mortgage-fraud charges involving approximately 35 homes in Fairfax County, Virginia, and causing more than $9 million in losses: Ruben Rojas, 30, Vienna, Va., a real estate agent. [read post]
30 Oct 2013, 10:13 pm by Lanigan
   In short, HSSL was indiscriminate in vetting the ability to pay, that proof of funds were available or many other factors that go into determining whether a home mortgage loan applicant had the financial ability to pay for a loan. [read post]
3 Nov 2008, 4:28 am
Debt forgiven on second homes, rental property, business property, credit cards, or car loans does not qualify for the new tax-relief provision. [read post]
3 Mar 2008, 6:00 am
The claim challenged the way the defendant mortgage company, Wells Fargo, calculated interest on plaintiffs' home loans. [read post]
23 May 2011, 12:28 pm
Any second or third mortgage may still pursue the home owner for the balance due on those loans. [read post]
29 May 2018, 7:43 am by Cathy Moran
  Those who inherit property, or are awarded a home in divorce, now have the same federal rights with respect to the home loan as the original borrower. [read post]
18 Oct 2010, 7:29 am by On the Net
Related posts:Arizona Attorney General Sues Loan Modification Company Phoenix Home-loan Modification Delayed for Many Calif. [read post]
14 Jan 2008, 4:59 am
The appraisals supported $4.7 million in fraudulent loans for purchases in the names of out-of state “investors” of incomplete homes from builder/coconspirator Jeffery Alan Teague. [read post]
3 Mar 2009, 7:35 am
  The home owner will be required to meet with a HUD-approved counselor, essentially to determine what the homeowner can afford in regards to a potentially modified mortgage loan. [read post]