Search for: "Lender Processing Systems"
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13 Jul 2022, 10:58 am
Specifically, it added new Section 2.10, setting forth the supervision, training, and security requirements to allow employees of licensed lenders, loan brokers, small loan lenders, third-party loan servicers and mortgageloan originators to work from home. [read post]
18 Nov 2007, 11:19 pm
A process designed to take longer than a few months, but completed in less than two years, may result in costs increasing for lenders in states where the process moves rather quickly and declining for lenders in states where the process moves slowly. [read post]
23 Aug 2012, 8:29 am
Justices with the Washington Supreme Court have ruled that the Mortgage Registration Systems (or MERS) can't legally foreclose on homes there because it doesn't hold the note the homeowner signed with the lender. [read post]
25 Apr 2011, 11:00 am
"PowerSaver hits on all cylinders by helping credit-worthy homeowners finance these upgrades, cut their energy bills and boost the local job market in the process. [read post]
8 Oct 2013, 2:00 pm
The State of Florida’s overall budget does not allot much to the Florida courts’ system (this year, Florida has a budget of $74 billion, but only a tiny fraction of that money goes to the judicial system); most Floridians are aware that the Florida judicial system could use some funding. [read post]
7 May 2009, 12:48 pm
Moreover, the global story that we tell about the benefits of having a system like chapter 11 is diminished by this case.Ideally the entire GM and Chrysler situation would have moved to bankruptcy court much earlier, where the process could have been conducted more like a normal chapter 11 case. [read post]
11 Jan 2016, 4:01 pm
A finding that the respective sets of loan documents did not differ substantially in lender protection would go a long way toward proving the press allegations spurious. [read post]
31 May 2010, 1:59 pm
Since the California foreclosure process is not overseen by our state's court system, the increased delay between foreclosure and eviction may not be substantially affected by the aforementioned reasons. [read post]
7 Jan 2011, 10:04 am
In the Ibanez case, the mortgage assignment, which was executed in blank, was not recorded until over a year after the foreclosure process had started. [read post]
13 Feb 2014, 7:48 pm
The legislation should strengthen the housing finance system while ensuring a level playing field for all lenders and access to credit for all creditworthy homebuyers, no matter where they live.Members of the Banking Committee continue to provide momentum for reform by expressing interest in advancing bi-partisan legislation There is no doubt that enactment of the legislation must be based on a broad bipartisan consensus for an agreement. [read post]
18 Jun 2012, 7:17 am
“In the context of a title loan transaction, this is a particularly onerous provision because among the lender's chief remedies in the event of default is either judicial or self-help repossession. [read post]
9 Aug 2009, 12:38 pm
Loan servicers, who act as middlemen in this process, collect service fees every time they have to service the loan in some way (e.g. by assessing late fees). [read post]
4 Aug 2011, 9:35 am
It means that the lender must go through the state court system and get a judgment in order to sell your home. [read post]
20 Oct 2016, 5:10 pm
[and] the foreclosure process was to be stopped until complete consideration was offered to them. [read post]
3 Jun 2020, 8:53 am
In Illinois, all foreclosures are “judicial” which means that the process is carried out through the court system. [read post]
28 Jan 2011, 8:57 am
—About two weeks before Christmas, Greg Dueno sipped free coffee and absentmindedly played with a fake poinsettia plant while his application for a $500 loan was being processed. [read post]
19 Nov 2015, 6:39 am
This system also streamlines the financing process by eliciting multiple rate quotes for the purchaser from various prospective lenders. [read post]
2 Oct 2010, 7:26 am
” GMAC and Chase are in trouble because, overwhelmed with foreclosures, they tried to process them as quickly and cheaply as possible, defense lawyers say. [read post]
29 Aug 2014, 12:58 pm
He is also on the governing board for the Nationwide Mortgage Licensing System (NMLS). [read post]
13 Feb 2018, 6:12 pm
Cuba has been forced to borrow from public and private lenders even as it has vigorously denounced the contemporary system of sovereign lending. [read post]
