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23 Jun 2014, 8:39 am by Allison Tussey
Darryl Glasco, 55, Pendleton, New York, who was convicted of bank fraud, was sentenced to six months home detention and four years supervised release for his role in a mortgage fraud scheme wherein fraudulent appraisals were submitted to lenders inflating property values. [read post]
28 Jul 2011, 12:51 pm
This is a risky tactic because banks can often come after a home owner for what's called a deficiency judgement -- the difference between what the bank sells it for and what is owed on the mortgage. [read post]
28 Jul 2011, 12:51 pm
This is a risky tactic because banks can often come after a home owner for what's called a deficiency judgement -- the difference between what the bank sells it for and what is owed on the mortgage. [read post]
11 Oct 2010, 6:45 am
On Wednesday, the Justice Department said it is launching an investigation into the foreclosure legal activities of banks, stemming from reports from homeowners that mortgage lenders are improperly removing homeowners from their homes without completing the proper course of action. [read post]
27 Sep 2011, 8:56 am
The HOLC issued bonds and used those bonds to purchase loans from lenders. [read post]
8 May 2017, 12:03 pm by Pulgini & Norton, LLP
We can provide guidance regarding mortgage financing and re-financing, land use and zoning regulations, home purchase and sales transactions, and more. [read post]
23 Sep 2013, 8:00 am by Karen M. Morgan
MorganThe CFPB announced yesterday the release of both the 2012 Home Mortgage Disclosure Act (HMDA) data and a new web-based tool to access that data. [read post]
15 Apr 2009, 8:12 am
We represent many homeowners who need mortgage loan modifications to stay in their homes -- and in some cases, we must represent them aggressively because banks are so reluctant to change the terms of their loans. [read post]
9 Dec 2009, 6:10 pm by Howard | Nassiri, PC
The House Financial Services Committee heard testimony Dec. 8 from officials at the Treasury Department, which manages the Home Affordable Modification Program, as well as from the mortgage industry. [read post]
8 Jun 2015, 3:56 pm by Allison Tussey
Daniel Cardillo, 51, Wildwood, New Jersey, admitted defrauding a financial institution as part of a mortgage fraud scam that used phony documents and straw buyers to make illegal profits on over-developed condominiums. [read post]
13 Oct 2007, 6:03 pm
  This was certainly my experience when I tried using a broker and phoning some banks directly. [read post]
1 Apr 2015, 12:14 pm by Richard J. Andreano, Jr.
  Curiously, while the list of possible lenders for consumers to consider includes  banks and credit unions, there is no direct mention of “Mortgage Bankers. [read post]
25 Feb 2007, 8:36 am
Doolittle (R-Roseville) would amend the Truth in Lending Act to bar an increasingly popular mortgage concept: providing home loans to applicants using an Individual Taxpayer Identification Number in lieu of a... [read post]
16 Mar 2012, 2:37 pm by Molly Foley-Healy
The Federal Housing Finance Agency (FHFA) has published a Final Rule in the Federal Register that limits the ability of Fannie Mae, Freddie Mac and the Federal Home Loan Banks to deal in mortgages on properties that are encumbered by private transfer fee covenants. [read post]
15 Mar 2009, 8:23 pm
  The House courageously stood up to the banks and voted to let people modify their mortgages in chapter 13. [read post]
20 Nov 2015, 5:34 pm by Andrew Delaney
’”  Thereafter, LendingTree assigned the rights to both the mortgage and loan to Bank of America (BoA). [read post]
12 Sep 2013, 11:58 am by Carlos Kelly
On August 7, Wells Fargo Bank, Deutsche Bank National Trust Company, and Deutsche Bank Trust Company Americas, “as trustees for hundreds of residential mortgage-backed securitization . . . trusts” filed a federal lawsuit in the Northern District of California against the City of Richmond and Mortgage Resolution Partners. [read post]
10 Jun 2011, 11:02 am
Well for starters, if a foreclosure goes to court, the bank or lender must provide proof of ownership of the home. [read post]
11 Apr 2011, 9:12 pm
How would home owners get financing for homes without long term mortgages? [read post]