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9 Jan 2015, 1:06 pm
(AP) The Federal Reserve announced Friday that it paid the federal government a record $98.7 billion in 2014, a payment that reflects the central bank’s earnings from holdings of Treasury bonds and mortgage-backed securities purchased to keep long-term interest rates low to boost the economy. [read post]
Jon Stewart Explains Why Banks Have No Credibility Blaming Strategic Defaulters for Taking Advantage
3 Jun 2010, 8:25 am
Many Banks and TV Pundits place blame for the mortgage foreclosure crisis squarely on the homeowners. [read post]
2 Dec 2011, 9:14 am
Magdalena Salas, 42, Angelina Mireles, 42, and Julissa Garcia, 36, Stockton, California, three top officers of a Stockton real estate company who took thousands of dollars in up-front loan modification fees and made false promises to lower the mortgage payments of struggling Central Valley homeowners, have been arrested. [read post]
26 Jun 2012, 12:01 am
In conforming to the "parcel as a whole rule" propounded in Penn Central Transportation Co. v. [read post]
24 Feb 2011, 6:09 am
Mortgage lenders have repeatedly blamed their problems making loan modification decisions on the volume of foreclosure work. [read post]
7 Mar 2007, 6:10 am
Each deserves adoption in the opposite house and should become law.The Indianapolis Star had an editorial Monday titled "Openness laws could help put a lid on foreclosures": The legislature has taken some encouraging strides toward bringing sanity to the homeownership scene in Indiana and especially Central Indiana, where foreclosures have ballooned along with artificially cheap mortgages. [read post]
2 Aug 2010, 11:34 am
The central insight was that you wanted people who couldn't quite stay ahead of the loan. [read post]
10 Mar 2011, 3:00 pm
Their decisions illustrate the central role lower court judges will have in resolving the country’s foreclosure debacle. [read post]
28 Feb 2016, 9:00 am
In 2011, the Delaware Supreme Court in Central Mortgage v. [read post]
11 Feb 2009, 8:23 pm
District Court for the Central District of California on February 2, 2009; the court entered a temporary restraining order and asset freeze later that day. [read post]
1 Jun 2011, 3:51 pm
Sperlonga will provide a "centralized repository" for HOAs to submit their demands for unpaid assessments. [read post]
22 Aug 2014, 1:34 am
Attorney’s Office for the Central District of California has been investigating the origination and securitization practices of Countrywide as part of the RMBS Working Group effort. [read post]
1 Nov 2010, 3:00 am
The assignment of the related Mortgage to the Trustee constitutes the legal, valid and binding assignment of such Mortgage... [read post]
15 Jan 2015, 8:49 am
Andrys Sofia Gomez, 47, Chatham, New Jersey, an attorney, who formerly had offices in West New York and Union City, allegedly played a central role in the conspiracy, in which she and her alleged co-conspirators filed fraudulent mortgage applications, falsified HUD settlement forms and diverted mortgage proceeds, laundering them through her attorney trust account. [read post]
8 Jul 2009, 12:16 pm
After the mortgages and transactions were completed, the straw buyers did not receive any compensation and were left with possession of the mortgages which they could not pay. [read post]
9 Mar 2007, 11:06 am
" In re New Century Mortgage Corp. [read post]
16 Oct 2011, 9:04 pm
HAMP is scheduled to terminate at the end of 2012, but it would almost certainly be extended if it were as effective everywhere as it is in Central Florida. [read post]
12 Nov 2008, 3:01 am
The agency appears to have reveled in its centrality; it insures bank deposits, and now appears to think that it can offer widespread mortgage relief to bank borrowers. [read post]
23 Jun 2009, 11:40 pm
On June 4, 2009, the Securities and Exchange Commission filed a complaint against Angelo Mozilo, David Sambol, and Eric Sieracki, in the United States District Court, for the Central District of California, Case number CV 09-03994 VBF (AJWx). [read post]
28 Mar 2016, 2:05 pm
The EBA formula includes an underlying rate specific to each member state (that is, the European Central Bank (ECB) rate for Eurozone countries and the national central bank rate for non-Eurozone countries). [read post]