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7 Mar 2011, 12:17 pm
For example, between 2005 and 2009, Medical Capital Holdings, Inc. raised $2.2 billion through six rounds of deals from investors. [read post]
7 Mar 2011, 12:00 pm
The FTC alleged that the lead collection websites themselves were deceptive, falsely claiming to obtain modifications for consumers in all or virtually all instances to make their mortgage payments substantially more affordable, and further claiming “97% success” in helping clients obtain mortgage modification. [read post]
7 Mar 2011, 8:24 am
One of many issues swirling in the miasma of the foreclosure crisis has been whether Mortgage Electronic Registration Systems, Inc. [read post]
2 Mar 2011, 10:31 am
In its latest 10-K filing with the US Securities and Exchange Commission, Goldman Sachs Group Inc. says that its “reasonably possible” losses from legal claims may be as high as $3.4 billion. [read post]
1 Mar 2011, 7:48 am
Huggins Realty, Inc. v. [read post]
24 Feb 2011, 8:37 pm
Happy now? [read post]
21 Feb 2011, 5:21 am
” Now, that certainly doesn’t seem like it will help Iceland’s situation. [read post]
18 Feb 2011, 12:29 pm
Mortgage & Investment Services Inc., had been dismissed from the case after its sole owner died. 4. [read post]
18 Feb 2011, 7:00 am
Cohen said a good credit score means better interest rates on mortgages, bank loans and credit cards. [read post]
Federal Regulators to Bring Enforcement Actions Against Banks… May Get Rid of Hot Towels in Washroom
17 Feb 2011, 8:27 am
Well, the magazine, American Banker (“AB”) is now reporting that formal enforcement actions against most, if not all, of the 14 mortgage servicers reviewed are expected soon. [read post]
15 Feb 2011, 12:57 pm
The case is In Re Agard (click here to download), and essentially throws a huge monkey wrench into a hugely important cog of the entire U.S. mortgage market, the Mortgage Electronic Registration System, Inc. known as MERS. [read post]
14 Feb 2011, 7:07 am
The movant is Select Portfolio Servicing, Inc. [read post]
14 Feb 2011, 6:02 am
Like a lot of California homeowners, the Bellinos are underwater on their home, with a $4.5 million mortgage on a home they have now listed for $3.395 million. [read post]
11 Feb 2011, 7:45 am
Scott Farah, the president and founder of New Hampshire-based Financial Resources Mortgage, Inc. , recently plead guilty to fraud and was sentence to fifteen years in prison. [read post]
10 Feb 2011, 7:14 am
I think the story in the Times put it pretty succinctly… “Out of the five major mortgage servicers — Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co., Ally Financial and Citigroup Inc. [read post]
9 Feb 2011, 5:00 am
Thermo-Ply, Inc., No. 9:07-CV-274, (E. [read post]
3 Feb 2011, 10:06 am
JP Morgan now owns Bear Stearns. [read post]
1 Feb 2011, 5:19 pm
Long Haul Inc., et al., v. [read post]
31 Jan 2011, 4:17 am
Now, all of a sudden, they care? [read post]
29 Jan 2011, 4:19 pm
First, it amended section 521(2), which is now section 521(a)(2). [read post]