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Can Mortgage Loan Originators, Underwriters and Loan Processors be Permitted to Work from Home? [read post]
10 Jul 2008, 1:27 am
Bernanke made the following statements about the long-awaited mortgage lending regulations:Next week, the Federal Reserve Board will issue new rules on mortgage lending, using its authorities under the Home Ownership and Equity Protection Act. [read post]
15 Jul 2013, 6:31 am
Checking accounts, small loans, savings accounts, and in some cases even mortgage loans to buy a home or make home improvements. [read post]
16 Feb 2011, 5:00 am
There are not enough deposits in the banks to cover all of the outstanding US home mortgage debt. [read post]
1 Oct 2008, 6:31 am
All the banks and lenders know for sure when they foreclose on a home in this real estate market, is that they will own a home nowhere near the mortgage due on this home, which is often referred by the banks as collateral. [read post]
1 Oct 2008, 7:31 am
All the banks and lenders know for sure when they foreclose on a home in this real estate market, is that they will own a home nowhere near the mortgage due on this home, which is often referred by the banks as collateral. [read post]
7 Oct 2020, 2:04 pm by Stephanie Abbott
Gonzalez, 46, Henderson, Nevada, pleaded guilty today for his role in a scheme to use bogus information and simultaneous loan applications at multiple banks – known as “shot-gunning” – to attempt to obtain home equity lines of credit (HELOCs). [read post]
22 Apr 2021, 1:46 pm by Stephanie Abbott
Gonzalez, 46, Henderson, Nevada was sentenced today for his role in a scheme to use bogus information and simultaneous loan applications at multiple banks – known as “shot-gunning” – to attempt to obtain home equity lines of credit (HELOCs). [read post]
11 Dec 2011, 7:19 am by McNabb Associates, P.C.
District Court for the District of Columbia on charges of bank fraud, mail fraud, and conspiracy to commit bank/mail fraud. [read post]
11 Dec 2011, 7:19 am by McNabb Associates, P.C.
District Court for the District of Columbia on charges of bank fraud, mail fraud, and conspiracy to commit bank/mail fraud. [read post]
21 Jun 2011, 6:44 am
The penalties come 19 months after Treasury announced it would use such penalties; it did not answer questions about the lengthy delay. [read post]
1 Dec 2011, 6:00 am
To make things easier, let's use the following example: Home Value Mortgage Amount Secured Amount $110,000 1st Mortgage $120,000 $110,000 2nd Mortgage $80,000 $0 In this example, the debtor owes $120,000 + $80,000 or $200,000 on their home, but the home is now only worth $110,000. [read post]
15 Jul 2009, 8:12 pm
The Obama administration wants to create a Consumer Financial Protection Agency that would shield individuals and families from deceptive practices and outright fraud by banks and other businesses offering credit cards, mortgages, home loans and other forms of consumer finance. [read post]
7 May 2009, 7:33 am
The appraisers told the center, a nonprofit investigative journalism organization, that they were asked to value homes using inappropriate estimated prices or inappropriate comparison properties, then sometimes asked to reevaluate the home if their numbers didn't match up. [read post]
4 Aug 2010, 4:16 am by Glenn Reynolds
There are disclosures about the Mortgage Disclosure Improvement Act telling us we have seven days to review any change in our APR; disclosures about the Home Valuation Code of Conduct, even a disclosure solemnly informing us that the bank intends to check credit scores and may not loan us money if there’s a bad payment history of too much debt. [read post]
15 Jun 2015, 3:18 pm by Jordan Bublick
"lien stripping" of wholly underwater second or other junior mortgages or liens in a chapter 13 plan of reorganization.Chapter 13 PlanA chapter 13 case is often used to save a home from foreclosure. [read post]
9 Jul 2013, 12:25 pm by Larry Tolchinsky
That’s right: a Florida judge issued an decision that modified the home loan – saving the home for the borrower and thwarting the foreclosure action by the bank. [read post]