Search for: "Provident Mortgage Corporation"
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28 Jul 2010, 12:24 pm
The DAL Group is a company that provides processing services to mortgage lenders and servicers doing business in Florida. [read post]
25 Mar 2010, 5:57 am
Massachusetts Attorney General Martha Coakley yesterday settled predatory mortgage lending allegations against Countrywide Financial Corporation (now owned by Bank of America), claimed to require $3.1 billion worth of loan modifications nationwide. [read post]
6 Aug 2018, 6:00 am
(Note though that FHA calls its current loan modification program FHA-HAMP.)Options for Fannie Mae and Freddie Mac LoansFannie Mae and Freddie Mac are large government-chartered corporations that own or guarantee over one-half of the home mortgages in the country. [read post]
15 Apr 2020, 10:28 pm
Mortgage Foreclosure and Eviction Moratorium The CARES Act allows a borrower who has a federally backed mortgage guaranteed, insured, or made by the USDA to request a forbearance if the borrower is experiencing financial hardship due to Covid-19. [read post]
13 Feb 2012, 4:49 pm
Last week, the United States Attorney for the Eastern District of New York announced a settlement involving claims against Bank of America, Countrywide Financial Corporation, as well as certain Countrywide subsidiaries and affiliates, for underwriting and origination mortgage fraud. [read post]
12 Dec 2011, 11:41 pm
If there were any seriousness about mortgage relief abroad in the land, we should already have had it in place two years ago, with Congress providing the ability to write down mortgages in bankruptcy. [read post]
21 Mar 2016, 6:10 am
The Third District Court of Appeal, State of Florida, recently reversed the dismissal of a mortgage foreclosure action based on the mortgagee’s failure to provide the name of the corporate representative who was to testify at trial, holding that dismissal was an overly harsh sanction given that no prejudice was shown. [read post]
21 Aug 2012, 12:00 pm
Eliminate the corporate income tax. ... [read post]
30 Sep 2008, 6:36 pm
Last week, the Governor signed 10 bills into law related to mortgage and housing finance regulation: SB1461 requires real estate agents to disclose their license number on all first point of contact marketing materials and property purchases beginning July 1, 2009; SB1737 authorizes the Department of Real Estate to suspend or bar a person who has committed a violation of the Real Estate Law if the suspension or bar is in the best interest of the public; AB69 mandates… [read post]
21 Nov 2016, 1:49 pm
In the mortgage industry, “redlining” is a form of disparate treatment where a lender provides unequal access to credit, or unequal terms of credit, on the basis of race, color, national origin, or other prohibited characteristics of the geographic area in which the credit seeker resides or wishes to reside in. [read post]
30 Dec 2014, 12:03 pm
The trustee hires a mortgage servicer to administer the mortgages. [read post]
3 May 2011, 10:29 am
Securitization dates back to the 1970s, when mortgage-backed securities were issued for the government and government-sponsored entities such as the Government National Mortgage Association (GNMA or Ginnie Mae), the Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac), and the Federal National Mortgage Association (FNMA or Fannie Mae), says Adam Meyer, CSAs CEO. [read post]
1 Oct 2007, 10:36 am
Freddie Mac purchases eligible mortgages and provides financial guarantees to mortgage pools. [read post]
29 May 2023, 9:01 pm
The proposed amendments to DGCL Section 272 would provide Delaware corporations with a safe harbor from the Section 271 stockholder approval requirement in connection with dispositions of property or assets subject to a mortgage or pledge if certain conditions are satisfied. [read post]
2 Feb 2018, 12:59 am
H.R. 1694 would make the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) subject to FOIA. [read post]
6 Jan 2014, 12:31 pm
On December 19, CFPB and 49 states and the District of Columbia filed a proposed court order requiring Ocwen Financial Corporation, the fourth-largest mortgage servicer in the country, to provide $2 billion in principal reduction to underwater borrowers. [read post]
27 Jul 2011, 9:36 am
About Ocwen Ocwen Financial Corporation is a leading provider of residential and commercial loan servicing, special servicing and asset management services. [read post]
12 Apr 2007, 5:43 am
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Thursday, April 12, 2007Litigation Just Starting In Subprime MeltdownThursday, April 12, 2007By Beth BarHigh profile collapses of lenders that provide subprime or high-risk home mortgages to those… [read post]
24 Oct 2022, 7:13 am
The post Deciphering Real Estate Jargon for Corporate Attorneys appeared first on Andrew Abramowitz, PLLC. [read post]
29 Jun 2010, 6:00 am
In March 2010, Cuomo announced settlements shutting down two mortgage rescue companies: Ronkonkoma-based ABM Mitigation Corporation ("ABM") and Florida-based Raymond, Louis & Fitch ("RLF"). [read post]
