Search for: "CITIGROUP MORTGAGE LOAN SERVICES"
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8 Jan 2011, 2:30 pm
Pooling and Servicing Agreements are part of the complex mortgage securitization lending agreements. [read post]
3 Jan 2011, 8:16 pm
The Securities and Exchange Commission (SEC) has delivered another round of subpoenas to the major banks and mortgage servicers. [read post]
28 Dec 2010, 10:41 am
In 2007 and 2008, investment firms like UBS, Morgan Stanley, Citigroup, Merrill Lynch and others sold billions of dollars in various series of preferred stock issued by the two mortgage giants. [read post]
27 Dec 2010, 8:12 pm
10: ASIC guide on margin lending disclosure 09: Website record retention 08: ASIC consults on equity market review 08: Draft principles on open public sector information 02: Financial planners and tax agent registration 01: Contracting with Commonwealth government agencies October 2010 (23) 28: Inquiry into competition within the Australian banking sector 28: Telephone sales of general insurance products 28: Sex and Age Discrimination Legislation Amendment Bill 2010 … [read post]
17 Nov 2010, 4:01 pm
The four banks are the largest mortgage servicers in the country representing 56 percent of the nation’s $10.64 trillion mortgage industry. [read post]
16 Nov 2010, 8:44 am
New York City’s pension funds have filed a new shareholder proposal at Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo & Co. that ask each bank’s audit committee to conduct an independent review of mortgage servicing practices. [read post]
27 Oct 2010, 8:59 pm
Each time a mortgage is foreclose on, they are losing at least 30-40% of their investment. [read post]
27 Oct 2010, 8:59 pm
Each time a mortgage is foreclose on, they are losing at least 30-40% of their investment. [read post]
17 Oct 2010, 6:49 am
In it, a law firm is paid a flat fee by loan servicers to handle a foreclosure, which is lucrative for lawyers who process a high volume of cases. [read post]
15 Oct 2010, 3:30 pm
The servicers don't even have the legal authority to modify your loan. [read post]
15 Oct 2010, 3:30 pm
The servicers don't even have the legal authority to modify your loan. [read post]
13 Oct 2010, 2:52 am
The real issue is ownership of these loans and who has the right to foreclose. [read post]
4 Oct 2010, 8:16 am
Pooling and Servicing Agreements are part of the complex mortgage securitization lending agreements. [read post]
4 Oct 2010, 1:54 am
WaMu Mortgage Pass-Through Certificates: In a September 28, 2010 order (here), Western District of Washington Judge Marsha Pechman granted in part and denied in part the dismissal motions in the securities class action lawsuit that had been brought by investors who had purchased interests in certain Washington Mutual Mortgage Pass-Through Trusts. [read post]
3 Oct 2010, 7:59 pm
The liabilities have been reported net of probable recoveries from third-parties and predominately as a reduction of mortgage fees and related income. 2009 compared to 2008, page 66: Noninterest revenue was $12.2 billion, up by $2.8 billion, or 30%, driven by the impact of the Washington Mutual transaction, wider margins on mortgage originations and higher net mortgage servicing revenue, partially offset by $1.6 billion in estimated losses… [read post]
12 Aug 2010, 8:46 am
There’s a reason we enacted the 1890 Sherman Antitrust Act Measured in loans and other assets, Citigroup Inc. and the three other giants had $7.7 trillion as of March 31, up 56% since the end of 2007. [read post]
3 Aug 2010, 10:23 am
The Congressional Oversight Panel, in March of 2010 said that despite three separate bailouts of GMAC totaling $17.3 billion, GMAC Financial Services “continues to struggle with its troubled mortgage liabilities. [read post]
4 Jul 2010, 10:03 am
The three-month foreclosure moratorium will apply to loans owned by the bank's mortgage unit, not debt that Citigroup services for other lenders or investors. [read post]
30 Jun 2010, 9:36 am
To take advantage of these relief programs, Borrowers should contact their mortgage servicer as soon as possible. [read post]
21 May 2010, 7:09 am
Parry was originally turned down for a loan modification by her mortgage servicer, a unit of Citigroup, but decided to keep paying and try again when HAMP was announced. [read post]
