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11 May 2011, 7:04 am
The nation’s biggest banks are willing to pay as much as $5 billion to settle claims by federal and state officials of improper mortgage servicing practices, the WSJ reports, citing people familiar with the situation. [read post]
13 Nov 2010, 7:30 am
It's one of the deficit commission's proposals: “The mortgage interest deduction is one of the pillars of our national housing policy,” said Michael D. [read post]
27 Aug 2012, 4:30 pm
This stems from the shaky mortgage practices of 5 large banks in our nation. [read post]
28 Apr 2016, 5:26 am
Mortgages are the most-complained-about product, representing 32 percent of the complaints submitted by California consumers and 26 percent of complaints submitted by consumers nationally. [read post]
18 Dec 2009, 4:08 pm
In fact, Bloomberg reported yesterday that mortgages over $1 million are now defaulting at twice the national average. [read post]
20 Jan 2016, 7:41 am
Frey, 2013-Ohio-4083 (6th Dist.) ( “A mortgagee has two claims for relief, one on the note and one on the mortgage. [read post]
18 Nov 2010, 9:16 am
Mortgage Electronic Registration Systems, Inc., commonly referred to as “MERS,” is the recorded owner of over half of the nation’s residential mortgages. [read post]
3 Aug 2018, 8:30 am
The problem was widespread enough that the national bankruptcy rules committee wrote a rule trying to head off the problem. [read post]
22 Oct 2008, 3:14 pm
Fees are capped at two percent of the first $200,000 borrowed and one percent on the balance, with a maximum of $6,000. [read post]
13 Aug 2012, 4:58 am
It notes that Margot Saunders of the National Consumer Law Center has criticized the proposal for "not compelling lenders to try loan modifications. [read post]
15 Jan 2015, 9:59 am
Even fewer—about one of every four—submit multiple applications to gauge the best deal, the Bureau says. [read post]
11 Oct 2018, 7:49 am
Mortgage fraud is considered a serious crime in every state in the nation. [read post]
11 Oct 2018, 7:49 am
Mortgage fraud is considered a serious crime in every state in the nation. [read post]
20 Oct 2009, 7:00 am
According to the Denver Business Journal, a Nigerian national has been deemed the ringleader in a multimillion-dollar mortgage fraud scheme. [read post]
7 Apr 2009, 5:53 am
It’s not easy to contact a mortgage servicer. [read post]
17 Jun 2009, 11:09 am
Furthermore, the new scenario may include the supposed fraudster using the identity of a major national financial institution as the actual lender in the transaction. [read post]
31 Dec 2013, 1:42 pm
This time last year, we discussed how Congress was “kicking the can down the road” by passing federal legislation that extended the 2007 Mortgage Forgiveness Debt Relief Act’s tax break for one year as part of last year’s Fiscal Cliff legislation. [read post]
24 Sep 2014, 10:31 am
Uniform national rules, including a model plan, also would help reduce servicer errors; it is akin to having standardized training for treating outbreaks. [read post]
29 Aug 2008, 8:01 am
Thankfully, U.S. policymakers have understood that we have too much at risk to let that happen here.The exact contours of the appropriate policy response to the current mortgage crisis are well beyond what one can describe in a blog post. [read post]
31 Dec 2010, 8:33 am
(one... [read post]
