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4 Aug 2009, 8:08 am
On Tuesday, the federal government made a deal with mortgage company execs to perform 500,000 loan modifications by Nov. 1 - a significant scale back from than the 3-4 million first expected to be helped by the Making Home Affordable program. [read post]
21 Jan 2014, 4:00 am
RosenblumLast month, the CFPB filed its first lawsuit against companies involved in online payday lending. [read post]
11 Aug 2020, 8:46 am
The CFPB indicated in their announcement that these consent orders originated from a number of investigations by the CFPB into companies allegedly using deceptive direct mail campaigns to advertise VA guaranteed mortgages. [read post]
16 Jan 2008, 3:10 pm
Second, the WSJ speculated that, if enacted, the bankruptcy bill could reduce homeowners' payments to mortgage companies, rewarding Mr. [read post]
20 May 2010, 12:25 pm
Now, mortgage companies will have to set their minimum price before the house is listed for sale and, if that price is met, they must accept the deal. [read post]
1 Feb 2010, 10:17 am
The mortgage companies want it to be. [read post]
24 Apr 2010, 4:28 am
This means there is no deficiency as to the first mortgage. [read post]
8 Oct 2015, 4:59 am
” yet another company owned by LUDLOW. 134. [read post]
1 Aug 2019, 2:00 am
Cybercriminals had set up the account, and induced the associate to send the funds by pretending to be employees of a legitimate mortgage company. [read post]
29 Sep 2010, 6:43 am
GMAC Mortgage ranked fourth among U.S. home-loan originators in the first six months of this year, with $26 billion of mortgages, according to industry newsletter Inside Mortgage Finance. [read post]
21 Mar 2011, 2:13 pm
” Rather, mortgage loan officers are responsible for selling loan products produced by the company, but their duties do not relate to servicing the business itself. [read post]
12 Oct 2008, 12:55 pm
In particular, she argued that: (a) the power to appoint a receiver and / or sell the property should be interpreted as arising only once the court had sanctioned such a step; or (b) the protection of the Administration of Justice Acts should continue to apply even where the claim for possession is brought by someone who has purchased the property from a mortgage company. [read post]
27 May 2014, 7:38 am
NMC failed to use these funds to pay off these mortgages and instead used the money to pay off first mortgages for other customers. [read post]
1 Oct 2013, 6:00 am
First, it reaffirms the principle first articulated by Supreme Court’s 1976 opinion in TSC Industries v. [read post]
23 Aug 2013, 7:02 am
First American Title Insurance Company, decided in July 2013, confirmed that mortgagee title insurance does not cover defects arising out of invalid loan arrangements. [read post]
2 Feb 2012, 8:04 am
When a person or company pledges real property they own as security for a loan or debt, it is known as a mortgage. [read post]
18 Oct 2018, 12:30 pm
This is not the first time Nomura has had to pay to settle mortgage-backed securities fraud related claims. [read post]
28 May 2015, 4:38 pm
”The post Rental Property Owner Jailed for Ripping Off Lenders to the Tune of $7.7M appeared first on Mortgage Fraud Blog. [read post]
4 May 2017, 7:14 am
Barclays Capital Failure to Supervise According to an SEC press announcement this week, Barclays Capital will pay more than $16.5 million as part of a settlement due to allegations that the company did not properly supervise two of its former mortgage bond traders. [read post]
15 Apr 2008, 7:11 am
According to senior executives at Merrill Lynch, the company is likely to post a first-quarter loss on write-downs between $6 and $6.5 billion. [read post]