Search for: "LPS Default Services"
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19 Jun 2011, 7:31 am
The default management shop (e.g., LPS)? [read post]
16 Jun 2011, 6:43 pm
I have generally been willing to give mortgage servicers, servicer support shops (like LPS), and foreclosure attorneys the benefit of the doubt when it comes to documentation irregularities (to put it mildly) in foreclosures. [read post]
8 Jun 2011, 4:50 pm
It may sound crazy, but it doesn’t even make the top 10 list of crazy where BofA or any other of the mortgage servicers are concerned. [read post]
2 Jun 2011, 1:05 pm
In addition to registering the general partnership’s name in the same manner as a sole proprietorship’s, the partners will generally enter into a partnership agreement to modify the default rules prescribed by the Partnerships Act. [read post]
1 Jun 2011, 6:42 pm
According to a recent report by LPS Applied Analytics, banks and mortgage servicers, who collect payments for lenders, are taking more time to complete foreclosures because of the huge volumes of defaulted mortgages, time-consuming reviews for loan modifications and additional delays caused by improperly filed foreclosure documents in tens of thousands of cases. [read post]
20 May 2011, 2:39 pm
The two service providers are Lender Processing Services (LPS) and its subsidiaries DocX, LLC, and LPD Default Solutions, Inc.; and MERSCORP and its wholly owned subsidiary, Mortgage Electronic Registration Systems, Inc. [read post]
19 May 2011, 5:39 pm
Meantime, in its May 9 filing to the SEC Goldman Sachs revealed that the Commodity Futures Trading Commission is looking at the clearing-services practices that Goldman subsidiary Goldman Sachs Execution and Clearing LP provided to a broker-dealer. [read post]
27 Apr 2011, 4:27 am
Lender Processing Services (LPS) Ben-Ezra & Katz law firm, and LPS Default Solutions, Inc. are being sued in the Florida Northern District Federal Court. [read post]
26 Apr 2011, 7:07 am
(now known as American Home Mortgage Servicing Inc.), hired LPS to handle loan servicing while the Wilsons were in bankruptcy -- and LPS, acting for Option One, tried to foreclose two weeks later, saying they were in default even though they weren't. [read post]
20 Apr 2011, 4:46 am
LPS and the other dirt-bag mortgage servicers – including Citibank, Bank of America, JPMorgan Chase and Wells Fargo – signed Consent Orders agreeing to change their evil ways and come clean. [read post]
19 Apr 2011, 12:41 pm
Management of third-party service providers - Examiners reviewed the servicers’ oversight of key third parties used throughout the foreclosure process, with a focus on foreclosure attorneys, MERS, and default-service providers such as LPS. [read post]
15 Apr 2011, 7:32 pm
LPS (formerly known as Fidelity National Default Solutions) is a default servicer for one out of every two mortgages in this country. [read post]
13 Apr 2011, 12:07 am
The default rules under the Act give the partners an equal right to share profits, a duty to share losses, and a right to share in controlling the management and affairs of the partnership. [read post]
7 Apr 2011, 2:29 pm
When a mortgage goes into default, LPS becomes the manager of the loan. [read post]
7 Apr 2011, 11:01 am
LPS is an enormous default servicer, doing more than $1 billion in business last year. [read post]
30 Mar 2011, 2:15 am
From Motown Record Co., LP v. [read post]
28 Mar 2011, 7:02 pm
LP, and JPMorgan Chase & Co. [read post]
7 Mar 2011, 7:55 pm
Servicers entered into servicing contracts in which they took on default management duties, but were woefully unprepared for the level of defaults that came, in part because they cut fees and costs to increase profits and failed to reserve for bad times. [read post]
2 Mar 2011, 9:43 am
Proceedings may be brought by the CFPB against any “covered person” or “service provider” as these terms are defined by the Dodd-Frank Act – basically anyone involved in consumer lending.[9] After a hearing, or if the defendant defaults, the CFPB may order the defendant to cease and desist from any illegal activities, and/or may order the defendant to take affirmative action to correct the conditions that lead to the proceeding.[10] … [read post]
11 Jan 2011, 12:52 pm
Wal-Mart Stores E., LP, 298 S.W.3d 473 (Mo.banc 2009). [read post]
