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5 Sep 2014, 7:51 am
Court documents state that from approximately January 2006 to December 2008, Allen and his co-defendants conspired to defraud lending institutions by obtaining mortgage loans using fraudulent information. [read post]
15 Oct 2010, 6:28 pm
If you live in New York City, call 311 to schedule free foreclosure counseling sessions at the Center for New York City Neighborhoods. [read post]
20 May 2010, 12:00 pm
In New York City, nearly 30,000 homes were foreclosed on from 2008 to 2009. [read post]
8 Apr 2010, 7:13 pm
H2270 – Would require mortgage brokers to investigate the borrower’s ability to repay the loan before making the loan. [read post]
21 Apr 2010, 6:43 am
Does the finding apply at the metropolitan level, the city level, or the neighborhood level? [read post]
30 Aug 2012, 9:02 am
According to the indictment, the conspirators allegedly used fraudulent documents to help borrowers qualify for mortgage loans to purchase condominium units in the Commerce Towers building located on Main Street in downtown Houston as well as residential homes in the Houston area. [read post]
8 Oct 2012, 1:18 pm
These debts would include mortgage arrearage, car loans, tax debt, and back child support (and perhaps a portion of your unsecured debts, such as credit cards, medical bills, and payday loans). [read post]
4 Jun 2011, 6:00 am
Disability Blog & Cases: Aetna fails to review Bank Of America employee’s ERISA disability benefit appeal timely resulting in lawsuit by an Illinois disability lawyer Brian Woulfe of northern Illinois worked as a mortgage loan officer for Bank of America until he was no longer able to work with reasonable continuity because of complications that arose from being treated for non-Hodgkin’s lymphoma. [read post]
16 Jul 2015, 3:22 pm
Those debts would include: arrearage on a home mortgage (i.e. what you’ve fallen behind on the loan); car loans; back child support; tax debts; and sometimes a portion of your unsecured debts. [read post]
21 Jan 2010, 9:00 am
"That's the State of our City. [read post]
29 Sep 2008, 7:13 pm
The parties try to reach agreements to modify the loan terms so borrowers can stay in their homes. [read post]
15 Jul 2012, 7:54 am
Greed drives these institutions to allow these properties to fall into disrepair, putting their own pocketbooks ahead of the welfare of neighborhoods that have suffered because of the implosion of the housing market (caused, of course, by the banks and mortgage loan servicers). [read post]
8 Oct 2009, 4:17 pm
Secured means that the loan has a mortgage on the property (such as a first mortgage, second mortgage, and/or home equity line of credit). [read post]
24 Jan 2012, 8:39 am
The complaint alleges that the Ordinance is preempted by federal law and regulations governing Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation). [read post]
21 Jan 2011, 2:01 pm
Each faces a maximum of 20 years in prison on eight counts of mail fraud and four counts of wire fraud for a Ponzi-like scheme that involved delaying payments to banks in real estate closings and refinancing mortgages on employees’ homes without paying back the loans. 2. [read post]
21 Jan 2011, 2:01 pm
Each faces a maximum of 20 years in prison on eight counts of mail fraud and four counts of wire fraud for a Ponzi-like scheme that involved delaying payments to banks in real estate closings and refinancing mortgages on employees’ homes without paying back the loans. 2. [read post]
12 Feb 2013, 11:31 am
Across the country, there’s lots of positive feedback about Fannie Mae’s “HomePath for Short Sales” where any Fannie Mae-owned home loan can be escalated by the realtor – and once this happens, Fannie Mae people enter the transaction to work directly with the mortgage servicer as well as the realtor to get things resolved and the short sale closed. [read post]
25 Jan 2021, 9:20 am
For example, if you own a commercial building and borrowed $10 million to purchase it, and pledged a mortgage to secure that loan, the payment on that loan may be able to be substantially reduced in Chapter 11 due to the loss in value of the collateral. [read post]
30 Oct 2017, 11:51 am
His creditor then filed a complaint for foreclosure in state court, alleging husband and his LLC had defaulted on the loan made by creditor. [read post]
Testimony Before Congress: The Private Sector and Government Response to Mortgage Foreclosure Crisis
17 Dec 2009, 3:56 am
His testimony was titled: “The Private Sector and Government Response to the Mortgage Foreclosure Crisis. [read post]
