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23 Jul 2018, 6:00 am
library.nclc.orgWhat Every Homeowner Should Know About Mortgage Payments:Consumer Debt Advice from NCLC [National Consumer Law Center]by John RaoFirst in a series of three articles dealing with home mortgages. [read post]
15 May 2019, 8:24 am by John Floyd
Multiple Action Mortgage Fraud is more common, and usually happens through collaborative efforts to obtain a mortgage loan. [read post]
26 Sep 2008, 12:40 am
Earlier this week, the governor called on federal lawmakers to fix the financial mess threatening the nation's economy. [read post]
4 Aug 2012, 9:40 am
This was not based on risk assessment, but rather on race and national origin. [read post]
26 Jul 2011, 4:29 pm
The National Credit Union Administration has filed a $629 million securities fraud lawsuit against RBS Securities, Wachovia Mortgage Loan Trust LLC, Nomura Home Equity Loan Inc., Greenwich Capital Acceptance Inc., Lares Asset Securitization Inc., IndyMac MBS Inc., and American Home Mortgage Assets LLC. [read post]
30 Oct 2009, 11:05 am
National Mortgage Professional Magazine just reported that the Federal Deposit Insurance Corporation, in conjunction with other federal financial regulators, just released this Policy Statement on Prudent Commercial Real Estate Loan Workouts. [read post]
22 Nov 2022, 9:46 am by Richard J. Andreano, Jr.
The regulators are the Farm Credit Administration, Federal Deposit Insurance Corporation, Federal Reserve Board, National Credit Union Administration, and Comptroller of the Currency. [read post]
8 May 2009, 10:12 am by SC Divorce and Disabilty
See entire order below.Ex Parte Federal National Mortgage Association, Petitioner.In Re Federal National Mortgage Association (“Fannie Mae”) Loans Subject to Foreclosure Sale.ORDERPetitioner asks this Court to issue an ex parte temporary injunction1 or restraining order “enjoining all judicial officials in South Carolina conducting foreclosure sales on May 4, 2009 (or the next judicial sales dated) from dismissing all… [read post]
22 Feb 2010, 5:23 am by Howard | Nassiri, PC
Federal statistics on loan modifications under the Home Affordable Modification Program have not been encouraging. [read post]
9 May 2017, 6:31 pm by WOLFGANG DEMINO
 Mortgage ServicingMortgage servicers collect payments from the mortgage borrower and forward those payments to the owner of the loan. [read post]
5 Mar 2012, 4:12 am by Alan White
The national mortgage settlement among federal and state regulators and major banks, announced with much fanfare on February 8, still has not produced an actual written settlement agreement, judging by the dead link on the settlement web page. [read post]
12 Aug 2013, 5:07 pm by Allison Tussey
Totten, 56, Oakland, California, an unlicensed mortgage broker who operated a mortgage brokerage business from Rancho Santa Fe, California, was indicted by a federal grand jury on charges that he obtained $2.2 million in mortgage loans using false information and then siphoned off hundreds of thousands of dollars from the sale of the properties. [read post]
20 Apr 2009, 6:17 am
Most notably, the Times suggested a repeal of a 2004 decision by federal regulators that federal regulations pre-empt state laws for nationally chartered banks. [read post]
28 Jan 2013, 2:18 am by David Snyder
A new rule passed Jan. 15 gives mortgage lenders an additional year to institute appraisal standards for higher-risk loans. [read post]
9 Jan 2019, 10:32 am by Rich Vetstein
Bumpy Ride Ahead — Expect Some Delays For Certain Loans I asked my friend David Gaffin, Senior Mortgage Banker and Branch Manager at Fairway Mortgage – Hudson (DGaffin@fairwaymc.com), whether and to what extent the federal government shutdown is affecting real estate closings in Massachusetts. [read post]
14 Feb 2011, 4:10 pm by J. Tom Minor, IV
The Administration’s “White Paper” on the future of home loans is to be published today and in it the Administration has proposed a vast rewrite of the rules of the nation's mortgage market and has also addressed the delicate task of devising options to abolish mortgage finance giants Fannie Mae and Freddie Mac. [read post]
14 Aug 2015, 9:23 am by Rachel Dollar
According to court documents and statements made in court, Goldreich used his New London-based media agency, National Media Connection, LLC, to produce and air television, radio, […] The post False Advertising Plea in Loan Modification Scam appeared first on Mortgage Fraud Blog. [read post]
25 Apr 2011, 12:17 pm by rnahoum
The Federal Trade Commission (“FTC”) (which is charged under the Act with regulatory enforcement and oversight) made clear in its often cited DeMayo opinion that the word “default” was to be defined by examining first, the underlying contract; followed by the applicable state or federal law; and finally the creditor’s reasonable written guidelines.[15] The standard residential loan note for Fannie Mae and Freddie Mac (who together hold or… [read post]
16 Dec 2011, 8:24 am by Securites Lawprof
The SEC charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal... [read post]