Search for: "Mortgage Contracting Services"
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26 Jun 2010, 4:59 pm
Examination and Enforcement: Authority to examine and enforce regulations for banks and credit unions with assets of over $10 billion and all mortgage-related businesses (lenders, servicers, mortgage brokers, and foreclosure scam operators), payday lenders, and student lenders as well as other non-bank financial companies that are large, such as debt collectors and consumer reporting agencies. [read post]
25 Jun 2010, 9:22 am
The sheer volume of these contracts overwhelmed some firms that had promised to provide payment on the credit default swaps and left institutions with losses that they believed they had been protected against. [read post]
24 Jun 2010, 6:15 am
Creation: Mechanic's liens exist to secure payment for services, labor and material on both personal and real property. [read post]
24 Jun 2010, 6:00 am
In March 2010, Cuomo sued Infinity Mitigation Services and its principals for illegally charging homeowners for loan modification services that were not performed. [read post]
22 Jun 2010, 2:55 pm
Kanjorski and Financial Services Committee Ranking Member Spencer Bachus as leading cosponsors.Covered bond are non-deposit recourse debt obligation of an insured depository institution with at least a one-year maturity that is secured by specifically identified assets which are performing in accordance with the terms of the contracts which created the assets.Covered bonds have been used in Europe to help provide additional funding options for the issuing institutions and are a… [read post]
22 Jun 2010, 11:42 am
The main participants were a friend of mine who does read boilerplate, “K Reader,” and a friend of mine from law school who now teaches contract law, “K Prof”: ATL readers: When you get some boilerplate contract — mortgage loan documentation, an apartment lease, a cell-phone service agreement — do you read it all the way through, word for word? [read post]
20 Jun 2010, 8:44 am
In traditional land sale recording, when an individual buys land and enters into a mortgage contract the lender records that contract and their interest in the land in a county recording office. [read post]
17 Jun 2010, 11:18 am
As the economy cratered toward the latter part of 2008, Whitfield, who has contracted at such firms as WilmerHale, Clifford Chance, and Hogan & Hartson, decided to focus exclusively on his cupcake delivery service idea and dove right into the business. [read post]
16 Jun 2010, 6:06 am
Provide a copy of your rental contracts for the last 3 years. [read post]
14 Jun 2010, 9:03 pm
Morgan Chase Bank and IndyMac Mortgage Servicers/OneWest Bank to honor their agreements with borrowers to modify mortgages and prevent foreclosures under the United States Treasury’s Home Affordable Modification Program (“HAMP”). [read post]
14 Jun 2010, 11:49 am
The insured must continue to make the mortgage payments, utility payments, taxes, and insurance on the now destroyed building. [read post]
14 Jun 2010, 4:07 am
Instead of Countrywide loan servicing working directly with vendors for these default services, Countrywide loan servicing would contract with its subsidiary, who would then work with the vendor. [read post]
12 Jun 2010, 7:22 am
” However, the client did not want to pay for the services and wanted the contract cancelled. [read post]
11 Jun 2010, 7:52 am
Cypress Creek 1, LP (PDF), the Lender initially won priority because they recorded their mortgage before either Perfected Contractor (a) contracted with the Owner or (b) started work on the project. [read post]
9 Jun 2010, 7:59 pm
According to the FTC, under most mortgage contracts, homeowners must pay for necessary default-related services, but mortgage servicers may not mark up the cost to make a profit or charge homeowners for services that are not reasonable or appropriate to protect the mortgage holder’s interest in the property. [read post]
9 Jun 2010, 12:00 pm
A federal court has eight companies from selling credit repair and mortgage relief services and ordered them to pay more than $7.5 million for deceiving consumers. [read post]
8 Jun 2010, 8:17 am
Under most mortgage contracts, homeowners are responsible for paying for default related services in order to protect the property interests of the lender. [read post]
7 Jun 2010, 8:34 am
(B) If the retirement funds are in a retirement fund that has not received a favorable determination under such section 7805, those funds are exempt from the estate if the debtor demonstrates that—(i) no prior determination to the contrary has been made by a court or the Internal Revenue Service; and(ii)(I) the retirement fund is in substantial compliance with the applicable requirements of the Internal Revenue Code of 1986; or(II) the retirement fund fails to be in substantial… [read post]
7 Jun 2010, 8:03 am
I’ve heard from and spoken with many thousands of homeowners across the country, and I’ve heard the horrific stories of what it’s been like to deal with our nation’s banks and mortgage servicers. [read post]
4 Jun 2010, 10:09 am
Plaintiff has failed to provide servicing of this residential mortgage loan in accordance with the controlling servicing requirements prior to filing this foreclosure action. [read post]