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27 Feb 2019, 7:40 am by ccollins
They are typically known for converting mortgages into mortgage-backed securities. [read post]
19 Feb 2019, 4:18 am by Andrew Lavoott Bluestone
The defendants represented the plaintiffs at the closing, and the plaintiffs alleged that, as part of that transaction, the defendants were supposed to, but did not, negotiate security from the borrower for the loan by obtaining a mortgage against certain real property located in Orangeburg. [read post]
14 Nov 2018, 5:58 pm by Andrew Abramowitz
Even more relevant to accredited investor verification, we readily provide tax returns and brokerage statements to lenders as part of the mortgage approval process. [read post]
29 Oct 2018, 5:23 am by Chris Earley
People who own their home and have a mortgage are required to carry homeowners. [read post]
18 Oct 2018, 12:30 pm by ccollins
A few other banks to settle with federal regulators over mortgage-backed securities fraud claims include JP Morgan Chase (JPM), which paid $13B, Bank of America (BAC), which settled for $16.65B, and Deutsche Bank (DB) for $7.2B. [read post]
17 Sep 2018, 5:51 pm by Deborah Hope Wayne
 (For example, the parties may want to require mutual agreement on debt in excess of a certain amount or how payments towards a pre-existing separate property mortgage will be addressed.) [read post]
17 Sep 2018, 1:47 pm by Rich Vetstein
Seymour’s scheme is to approach elderly or naive homeowners who are in foreclosure, and offer them a “foreclosure rescue” loan or a bogus reverse mortgage. [read post]
27 Aug 2018, 12:27 pm by Jesse Tyner Moore
JPMorgan Chase Bank, N.A., 640 F.3d 1194 (11th Cir. 2011); laws regulating fees on stored value gift cards, SPGGC, LLC v. [read post]
22 Jul 2018, 10:20 am by Dave Wolkowitz
For example, real estate might not be handled properly, or debt might be handled in such a way that one spouse is unexpectedly chased by creditors years down the line. [read post]
15 Jun 2018, 3:19 pm
The advantages include: avoiding the whims of a Chapter 7 trustee, such as whether he or she would accept payments from you and how quickly you'd have to pay the preference amount more time to pay the preference amount through a Chapter 13 plan much more flexibility in paying the preference amount while paying other important continuing debts like recent income taxes or home mortgage arrearage WHEN SHOULD I JUST LET THE TRUSTEE CHASE THE PERSON I PAID? [read post]
14 Jun 2018, 7:40 pm by Norma Duenas
The advantages include: avoiding the whims of a Chapter 7 trustee, such as whether he or she would accept payments from you and how quickly you’d have to pay the preference amount more time to pay the preference amount through a Chapter 13 plan much more flexibility in paying the preference amount while paying other important continuing debts like recent income taxes or home mortgage arrearage WHEN SHOULD I JUST LET THE TRUSTEE CHASE THE PERSON I PAID? [read post]
20 May 2018, 3:41 am by SHG
So too did the untenable mortgages. [read post]
11 May 2018, 7:22 am by admin
The Most Notorious US Financial Scammers Every civilized society is dependent for its success on its citizens being able to trust one another. [read post]
30 Apr 2018, 8:28 am by Philip R. Stein
Chase then pooled those loans with loans it originated on a retail basis, depositing the pools into residential mortgage-backed securities (RMBS) trusts. [read post]
27 Mar 2018, 1:30 pm by zamansky
” “This is a market with a ton of cash chasing too few deals,” according to one major underwriter cited by the reporter. [read post]