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18 Jun 2019, 12:05 pm by John L. Culhane, Jr.
The DOJ’s complaint, which relates to the bank’s residential mortgage lending business, including its home improvement loan and home equity line of credit programs, alleged that First Merchants violated the Fair Housing Act and the Equal Credit Opportunity Act by engaging in a pattern or practice of unlawful redlining of majority-Black areas in Indianapolis-Marion County. [read post]
26 Feb 2008, 4:25 am
For a US$24,000 home, the bank gets a 5% credit, so the borower gets a 3.25% rate loan. [read post]
19 Apr 2010, 12:22 pm by Rich Vetstein
All real estate professionals are welcome: Realtors, mortgage professionals, appraisers, home inspectors, attorneys, etc. [read post]
19 Apr 2010, 12:22 pm by Rich Vetstein
All real estate professionals are welcome: Realtors, mortgage professionals, appraisers, home inspectors, attorneys, etc. [read post]
11 Jan 2011, 5:15 am
There are even cases where two banks try to foreclose on a home at the same time with both of them claiming to own the mortgage. [read post]
31 Jan 2012, 6:13 am
Robo-signing, the practice used by many mortgage companies and their attorneys' to falsely sign numerous mortgage documents, may lead to some relief for under-water homeowners in the near future. [read post]
20 Mar 2018, 7:46 am by Pulgini & Norton, LLP
  We have assisted individuals in home sale and purchase closings, mortgage refinancing, building permit applications, land use disputes, and other property issues. [read post]
29 Sep 2013, 7:46 pm by Allison Tussey
Austin, Titus, Banks, and Paek allegedly recruited individuals to act as straw buyers by promising that they would not have to use any of their own money, would be paid to attend closings, and would not have to make any subsequent mortgage payments. [read post]
25 Oct 2010, 7:00 am
One of the ways many banks and homeowners have used as solution to this problem is to negotiate a short sale. [read post]
28 Feb 2019, 6:38 am by Robert Kraft
Most importantly, I hope some of these facts will be useful to you when the time comes to look for a home. [read post]
21 Dec 2011, 6:43 pm
BofA Agrees Record $335M Fair-Lending Deal, Bloomberg, December 21, 2011 Countrywide Will Settle a Bias Suit, New York Times, December 21, 2011 More Blog Posts: Federal Home Loan Banks Say Countrywide Financial Corp Mortgage Bond Investors May Be Owed Way More than What $8.5B Securities Settlement with Bank of America Corp. is Offering, Institutional Investors Securities Blog, July 22, 2011 California Investigating Whether Bank of America &… [read post]
19 Feb 2009, 10:50 am
If the loan isn't reinstated, the bank forecloses and puts the home up for auction. [read post]
4 Jan 2011, 1:25 pm by Mike
Banks want to you "own" a home because this puts you into debt servitude. [read post]
25 Sep 2020, 2:14 pm by Joe Glantz
  Banks and mortgage lending companies are the primary loan source. [read post]
7 Apr 2009, 10:00 am
However, 56% of Americans favor a plan forcing banks to stop all mortgage foreclosures for the next six months. [read post]
16 Aug 2008, 9:57 pm
That practice was the use by big corporate builders, and even some not so big builders, of having in house mortgage brokerage companies that would package loans and financial options that kept the prices on the builders homes high, but allowed the buyer/borrower to receive incentives as large as $100,000 to purchase the house. [read post]
7 Feb 2014, 9:21 am by Allison Tussey
The defendant pleaded guilty in July 2013 to conspiracy to commit bank fraud in connection with a FHA insured home loan and was sentenced to 51 months in federal prison by U.S. [read post]