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22 Oct 2008, 7:16 am by Unknown
Neel Kashkari (that loyal Robin to Mr Paulson’s Batman) starts buying mortgage-related assets from banks using some kind of auction process. [read post]
" Section 1442 - Establishment of Office of Housing Counseling Section 1446 - Study of Defaults and Foreclosures - HUD is to conduct an extensive study of the causes of default and foreclosure of residential home loans, including the role of escrow accounts and the role of "computer registeries of mortgage" (that must refer to MERS) Section 1471 - Property Appraisal RequirementsSection 1482 - HAMP Guidelines - the HAMP supplemental directives and other guidelines are… [read post]
11 Mar 2007, 7:59 am
Upon remand of Thompson's remaining state claims, one of the defendants, Provident Bank of Maryland, requested entry of final judgment in its favor pursuant to Fed.R.Civ.P. 54(b), which provides:"When more than one claim for relief is presented in an action, whether as a claim, counterclaim, cross-claim, or third-party claim, or when multiple parties are involved, the court may direct the entry of a final judgment as to one or more but fewer than all of the claims or parties only… [read post]
24 Aug 2007, 3:23 am
  However, with the correction in the real estate market, lenders took massive losses when foreclosure sales failed to cover the principal investment of the loan.Shareholders of mortgage lenders have filed, and likely will continue to file, securities class actions where aggressive lending practices were not adequately disclosed - especially where those practices were directed at so-called "sub-prime" borrowers. [read post]
6 Oct 2010, 7:27 pm by Kevin Funnell
Does any of this make it more likely that a borrower will suddenly be able to afford their mortgage? [read post]
1 Jul 2013, 5:52 pm by Allison Tussey
A few borrowers thereafter used their own money to make mortgage payments, but eventually all the mortgages went into default and the lenders foreclosed. [read post]
26 Apr 2010, 2:16 am by Kevin LaCroix
At some point during 2008, as the financial markets deteriorated and then nearly collapsed, mortgage-backed securities investors clearly were on inquiry notice about possible problems in the mortgage securitization industry. [read post]
7 Feb 2007, 6:26 am
On the industry side, the witnesses are Harry Dinham (Nat'l Ass'n of Mortgage Brokers) and Doug Duncan (Mortgage Bankers Ass'n). [read post]
19 May 2013, 7:59 pm by admin
Through BMC Capital, the Brainards brokered mortgage refinancing loans for various clients. [read post]
15 Oct 2007, 8:11 am
But as the collection of mortgage loans was increasingly handed over to large national mortgage servicers during the late 1980s, that direct connection was lost. [read post]
29 Sep 2009, 10:30 am
This could include directing them to free debt and legal advice, helping them apply for benefits such as Support for Mortgage Interest or, for the most vulnerable households, assessing them for the Mortgage Rescue Scheme. [read post]
22 Aug 2017, 8:01 am by John L. Culhane, Jr.
Department of Education’s Policy Direction on Federal Student Loan Servicing dated July 20, 2016. [read post]
14 Sep 2014, 12:37 pm by Stephen Bilkis
On condition that he shall continue to support his wife and sons by paying her no less than $50 per week and the carrying charges on the marital residence, including the mortgage payments of interest, amortization, taxes, and the fuel and utility bills except for telephone service, her request for temporary alimony and support is denied. [read post]
31 Jul 2013, 5:26 pm by Allison Tussey
Attorney Fishman credited special agents of the FBI, under the direction of Special Agent In Charge Aaron T. [read post]