Search for: "Federal Home Loan Mortgage" Results 101 - 120 of 4,097
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30 May 2017, 9:07 am by Nicholas Beis
In fact a Reverse Mortgage is simply an equity loan secured by someone’s home with a deferred payment plan. [read post]
30 Aug 2012, 10:50 am by Boyer Law Firm, P.L.
New proposed federal rules will require consumers with high-risk mortgage loans and people whose interest rates are above the average prime offer interest rates, to obtain property appraisals. [read post]
7 Oct 2011, 7:00 am
In late September, 2011, a federal district court judge in New York ordered TopDot Mortgage to compensate 166 of its former mortgage loan officers for the company's violations of minimum wage and overtime laws. [read post]
The FTC alleged that the companies charged homeowners upfront fees and falsely claimed they could get their mortgage loans modified or prevent foreclosure on their homes. [read post]
2 May 2010, 8:48 am by malik11397
As we know, most of the homes in Nevada has a second loan which are called junior liens in legal language and they are subordinate to the first loan. [read post]
2 Nov 2011, 5:22 am by Brandon Gatto
[JURIST] The US government on Tuesday filed a lawsuit in the US District Court for the Southern District of New York (SDNY) [official website] alleging that Allied Home Mortgage Capital Corporation (Allied) [corporate website] and two of its top executives misled the government into believing that its loan qualified for federal insurance. [read post]
27 May 2012, 11:00 am
At a roundtable discussion that included officials from top federal agencies, Ocwen Loan Servicing discussed its efforts at mortgage loan modifications in Miami and beyond. [read post]
1 Apr 2020, 7:32 am by Alan White
Mortgage borrowers with federally related loans (FHA, VA, Farmer's Home, Fannie or Freddie) may request 6 months of forbearance, i.e. no payments required, renewable for another 6 months, during which no late fees or penalties may be imposed, but interest continues to run (unlike student loans.) [read post]
24 Jan 2014, 6:57 am by Cathy Moran
Lenders, and the servicers they hire to manage their loans, have an obligation under federal law to accurately apply the funds they receive and account for fees they add to the loan. [read post]
15 Dec 2020, 11:55 am by Jonathan Tycko
The post Mortgage Company Agrees to Pay $24.9 Million to Settle Fraud Allegations Related to Federal Mortgage Insurance appeared first on Tycko & Zavareei LLP. [read post]
9 Aug 2010, 12:06 pm by Daniel Shaviro
The deduction probably played an important background role in encouraging the blizzard of crazy U.S. mortgage loans that helped to sink the U.S. and world economy. [read post]
20 Aug 2012, 2:26 pm by Rosa Schechter
Under the Dodd-Frank Act, mortgage loans are higher-risk if they are secured by a consumer's home and have interest rates above a certain threshold. [read post]
26 Nov 2008, 11:02 am
RBC Mortgage Company (RBC) will pay the federal government more than $10.71 million to resolve a False Claims Act suit that alleged the company gave the U.S. government false information about borrowers who took out 219 home loans that ended up in foreclosure.The government alleged that RBC falsified documentation in support of loan applications, violated due diligence underwriting requirements and improperly submitted loans for endorsement by… [read post]
25 Sep 2023, 10:20 am
Government Regulations Mortgage transactions are subject to a multitude of federal and state regulations. [read post]
14 Sep 2010, 2:47 pm by Peter N. Freiberg
 This program provides participating banks and mortgage servicers incentives to provide affordable mortgage loan modifications and other alternatives to foreclosure to eligible borrowers who are in danger of losing their homes. [read post]
26 Mar 2009, 10:46 am
The conventional wisdom says this is because mortgage servicers, who administer home loans, can't do much to change the terms of loans without breaking their contracts or provoking lawsuits from investors who have a stake in those loans. [read post]
27 Jun 2017, 4:01 pm by Rachel Dollar
  According to the indictment, he engaged in a home repair and loan fraud scheme that […] The post Reverse Mortgage Schemers Charged appeared first on Mortgage Fraud Blog. [read post]
27 Jun 2017, 4:01 pm by Rachel Dollar
  According to the indictment, he engaged in a home repair and loan fraud scheme that […] The post Reverse Mortgage Schemers Charged appeared first on Mortgage Fraud Blog. [read post]
27 Feb 2015, 10:04 am by Allison Tussey
MetLife Home Loans LLC has agreed to pay $123.5 million to resolve accusations that its MetLife Bank unit violated the False Claims Act by knowingly originating and underwriting Federal Housing Administration-insured mortgages that did not meet applicable requirements. [read post]