Search for: "WACHOVIA MORTGAGE"
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12 Apr 2010, 5:11 pm
Wachovia/Wells Fargo has halted its reconstruction efforts pending a determination regarding its foreclosure rights. [read post]
9 Apr 2010, 7:55 am
Once upon a time, Michigan regulators tried to oversee a Wachovia-owned mortgage business that had recently become a wholly-owned subsidiary of the nationally chartered bank, Wachovia. [read post]
2 Apr 2010, 9:45 am
Wachovia Bank, N.A., held that OCC did have the power, and did act lawfully, when OCC took the states out of the business of enforcing their consumer-protection laws against practices like subprime lending by the banks that OCC regulated. [read post]
18 Mar 2010, 1:21 am
Cohen Milstein and BuckleySandler Feud Over Homebuilder Case The National Law Journal Two mortgage fraud investigations have sparked a spat between high-powered Washington, D.C., law firms. [read post]
26 Feb 2010, 1:06 pm
It is also reported that Wells Fargo has increasingly used principal reductions with option ARM mortgages, which it primarily acquired from Wachovia in 2008.Jordan E. [read post]
25 Feb 2010, 12:59 pm
While mortgage fraud is a difficult crime to detect, enormous losses suffered by banks, putting the likes of Washington Mutual and Wachovia out of business, have caused lending institutions to ramp up security. [read post]
19 Jan 2010, 11:39 am
The California Earthquake Authority accused Wachovia of unlawfully and recklessly investing funs in a high-risk vehicle tied to subprime mortgage loans. [read post]
18 Jan 2010, 3:37 pm
Wachovia Corp., 172 Cal. [read post]
13 Dec 2009, 7:22 am
It was widely known and widely reported, certainly by December 2007, that the widespread dispersion of credit risk related to mortgage delinquencies and defaults was expected to have a very significant adverse impact on the performance of large banks, financial institutions, and the owners or originators of mortgage-backed securities. [read post]
9 Dec 2009, 7:38 pm
Accordingly, the trial court erred in granting summary judgment and instead should have held an evidentiary hearing to determine whether the mortgage interest held by Citimortgage is indeed superior to the Wachovia mortgage interest. [read post]
7 Nov 2009, 3:40 pm
Then, in 2007, a Supreme Court decision again confirmed OCC’s preemption of state laws and regulations as related to banks, when the court ruled that Wachovia Mortgage Corporation, which was a wholly owned subsidiary of Wachovia Bank, was not subject to regulation by the Michigan Office of Insurance and Financial Services. [read post]
29 Oct 2009, 1:39 pm
Often we see clients who are facing foreclosure and the reason is, at least in part, misconduct on the part of the mortgage servicer. [read post]
12 Oct 2009, 12:47 pm
Figures for lenders with more than 70,000 potentially eligible borrowers: Saxon Mortgage Services 41% CitiMortgage 33% Aurora Loan Services 33% JP Morgan Chase 27% GMAC Mortgage 26% Wells Fargo 20% Bank of America 11% OneWest Bank 5% Wachovia Mortgage 3% Litton Loan Servicing 2% American Home Mortgage Servicing Background on the Making Home Affordable program, including monthly lender data from July and August, is available on the Treasury Department… [read post]
9 Oct 2009, 7:12 am
Wachovia's slow start is a serious problem for borrowers like Bell, who has an option ARM mortgage (called Pick-A-Pay by the lender) on his San Diego County home. [read post]
2 Oct 2009, 1:05 pm
Wachovia Mortgage Corp, et al. [read post]
14 Sep 2009, 1:30 pm
As investors and pension-holders watched with dread and dismay, and after a series of emergency meetings often conducted in the dead of the night, several of the world’s largest and oldest financial institutions had fallen, either bankrupt, bought, or bailed out: Lehman Brothers, Merrill Lynch, AIG, Washington Mutual, Wachovia. [read post]
10 Sep 2009, 10:04 am
Neo Epoch 1 bought the site for $30 million in 2004 and obtained a $22.8 million mortgage from Wachovia. [read post]
31 Aug 2009, 4:54 am
” Further, the $25 fee charged by Wachovia was “for its work in preparing the mortgage satisfaction and arranging for its recording. [read post]
30 Aug 2009, 8:54 pm
” Further, the $25 fee charged by Wachovia was “for its work in preparing the mortgage satisfaction and arranging for its recording. [read post]
17 Aug 2009, 6:48 am
Wells Fargo and Wachovia are also among the worst of the mortgage lenders recently accused of dragging their feet at making mortgage loan modifications. [read post]
