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1 Jan 2008, 12:07 pm
Federal bank and mortgage fraud investigations tend to follow a familiar pattern. [read post]
25 Mar 2010, 2:36 am by staff@mortgagefraudblog.com
Prieskorn was charged with orchestrating the scheme, which involved the purchase of approximately 70 residential properties in Florida and Minnesota between December 2006 and April 2007. [read post]
13 Jun 2017, 9:15 am by Larry Tolchinsky
Ocwen is a major player in Florida residential real estate financing. [read post]
29 Aug 2013, 8:30 am by Nicole Kellner-Swick
Rothenberg, Partner The FNMA/FHLMC Uniform Single-family Residential Mortgage Requirement   Many mortgage forms, such as the FNMA/FHLMC uniform single-family residential mortgage for Ohio, require the lender to provide the borrower with a notice advising the borrower of a default and what they must do in order to cure that default, prior to the lender being entitled to accelerate the debt. [read post]
5 Dec 2008, 11:00 am
Suddenly things are looking up for the hundreds of thousands of lawyers who have a residential real estate practice. [read post]
30 Nov 2010, 6:09 pm
According to a district court ruling, investors can proceed with certain securities fraud charges against Citigroup and a number of its directors over the alleged misrepresenting of the risks involved in mortgage-related investments (including auction-rate securities, collateralized debt obligations, Alt-A residential mortgage-backed securities, and structured investment vehicles). [read post]
8 Feb 2010, 1:59 am by staff@mortgagefraudblog.com
12 people have been charged for various, unrelated mortgage and real estate scams: Victor Koltun and Jarrett Haber have been charged with Grand Larceny in the Second Degree, Residential Mortgage Fraud, and Possession of a Forged Instrument. [read post]
17 Nov 2011, 5:57 am
So I was interested to read that the Michigan Supreme Court will soon consider an appeal in Residential Funding Co. v. [read post]
3 Jun 2011, 8:36 am by James Hamilton
In addition, the proposal to require a minimum 20 percent down payment under the qualified residential mortgage definition would reduce available affordable mortgage capital for otherwise qualified consumers.Further, unnecessarily strict qualified residential mortgage definition would particularly harm first-time and minority home buyers, said the House members. [read post]
23 Oct 2008, 2:59 pm
The Civil Justice Council has finally published the “Pre-action Protocol for Possession Claims based on Mortgage or Home Purchase Plan Arrears in in Respect of Residential Property” and have done so with an array of press releases (CJC here, HM Treasury here). [read post]
22 Feb 2009, 3:56 pm
    So I want, and we should all want, a normal market in residential real estate. [read post]
17 Dec 2013, 8:33 am by David Fowler
The CFPB recently issued a final rule which will require residential mortgage lenders to begin using new mortgage forms designed to make it easier for borrowers to review important information such as interest rate, monthly payments and costs to close the loan. [read post]
19 Jun 2007, 6:10 am
A final Cease and Desist Order was issued to JCC Capital, Inc. for engaging in residential mortgage activities without a license or pursuant to an applicable exemption. [read post]
28 May 2019, 6:09 am by Reid F. Herlihy
 It states that for “residential mortgage debt subject to [the periodic statement requirements in] Regulation Z, 12 C.F.R. 1026.41, a debt collector may comply with the requirement to provide the current amount of the debt by providing the consumer the total balance of the outstanding mortgage, including principal, interest, fees, and other charges. [read post]
16 Sep 2009, 10:27 am
The IRS passed relief for residential mortgage packed securities in May, 2008. [read post]
7 Sep 2011, 7:47 am by guest-writer
It might also serve as a warning and/or deterrent to other financial institutions and could prompt legislative change to regulate how residential mortgages are originated, securitized and sold. [read post]
31 Aug 2014, 7:51 am by Unknown
On November 16, 2010, the American Securitization Forum has posted a white paper on the topic of "Transfer and Assignment of Residential Mortgage Loans in the Secondary Mortgage Market. [read post]
29 Apr 2020, 12:03 pm by Jordan Pascale, P.L.
About the Author Jordan + Lawyers law firm has over 20 years’ experience as advisors to residential home owners and borrowers. [read post]
7 Jun 2011, 3:45 pm
Nationwide, 22.7% of all residential properties with a mortgage was underwater. [read post]