Search for: "CITI MORTGAGE LOAN TRUST"
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3 Sep 2011, 3:06 am
Section 2.01 of the PSA and Non-Negotiability Article 9 of the UCC and Mortgage Notes Mortgage Loan Sale Agreements, Mortgage Schedules as Defined by the PSA and the Mortgage Custodial File as Required by the PSA And not only is there much more on the agenda… but that’s only the beginning of what is sure to make these events invaluable to your practice. [read post]
2 Sep 2011, 6:12 am
As previously posted, Vallejo’s a city having a tough time of its own. [read post]
24 Aug 2011, 12:01 pm
In June, the SEC and the Department of Justice subpoenaed Ally Financial Inc. and GMAC Mortgage LLC in connection with investigations of bulk settlements of mortgage loans placed in securitization trusts. [read post]
20 Aug 2011, 5:29 pm
They don't like anything that means debt might not be paid back, and that includes things like consumer protection, anti-trust legislation, tort penalties, and anti-fraud legislation. [read post]
8 Aug 2011, 2:05 pm
During the housing bubble, sketchy loans (I offer this as a new legal term of art) were repackaged by investment banks into investment pools and other mortgage backed securities and received the gold standard of financial ratings, the coveted and in theory elusive, AAA rating by the largest credit ratings agencies, including S&P and Moody's. [read post]
5 Aug 2011, 6:44 am
Bank of America never wanted to own the properties; in fact, it probably never wanted to own the loans, and almost certainly never originated the loans. [read post]
1 Aug 2011, 3:13 pm
RECORDATION OF TRANSFER OF LOAN AND/OR DEED OF TRUST AND/OR ASSIGNMENT OF RENTS. [read post]
1 Aug 2011, 12:58 pm
She also has expertise in whole loan sales and warehouse arrangements for conventional, agency and jumbo mortgage loans. [read post]
1 Aug 2011, 8:21 am
Yes, these equity-sharing partnerships were pioneered with the Resolution Trust Corporation. [read post]
29 Jul 2011, 5:23 pm
The type of trust used in conjunction with mortgage-backed securities is called a REMIC trust… it’s an acronym that stands for Real Estate Mortgage Investment Conduit… and there are strict rules imposed by both the Internal Revenue Code and the Pooling and Servicing Agreements that govern the transfer of loans into such trusts. [read post]
24 Jul 2011, 2:38 pm
” (City of Dinuba v. [read post]
8 Jul 2011, 9:42 am
The trust/servicer maintain that they do not own the loan because the transfer to the trust was ineffective according to the Pooling and Servicing Agreement that established the trust. [read post]
3 Jul 2011, 5:53 am
Chances are, even if your loan is owned by a securitization trust issued by a private label or a GSE like fannie or freddie, that you are going to have to deal with one of the below. [read post]
3 Jul 2011, 5:53 am
Chances are, even if your loan is owned by a securitization trust issued by a private label or a GSE like fannie or freddie, that you are going to have to deal with one of the below. [read post]
19 Jun 2011, 4:14 pm
Standing To Sue Lender as 3d-Party Beneficiaries of Loan Commitment Agreements. http://t.co/uf4Kg1D ReedSmith: BK-NY Vacates Foreclosure Sale Finding Bank Violated Stay by Proceeding w/Sale Where Debtor Guaranteed Loan. http://t.co/Y1NirwW Weil Bankruptcy Blog asks: What Happens When a Debtor Seeks to Reject a Right of First Refusal? [read post]
15 Jun 2011, 3:42 am
Real estate -- Deeds; title papers; appraisals; records of renovations, additions and repairs; mortgages and receipts of payments, and records of purchase prices and closing and selling costs. [read post]
11 Jun 2011, 8:09 am
The Herald story found that Miami leads other cities, such as Los Angeles, Las Vegas, Houston and Chicago in terms of reported mortgage modification scams. [read post]
23 May 2011, 5:29 am
Home prices, between 1928 and 1933 fell by 25.9%, but the Case Schiller 10-city composite and 20-city composite data shows that since 2006, home prices have fallen by 32%. [read post]
19 May 2011, 6:17 am
To be bailed out, one needs pre-charge assets … or trusting family. [read post]
17 May 2011, 5:42 am
Stop Foreclosure and Secure a Sustainable Mortgage for Your Client You must attack the secured status of the Trustee of residential mortgage backed securitized trusts and what servicers have done with the Debtor’s money. [read post]
