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27 Aug 2009, 11:16 am
Correction: An earlier version of this post incorrectly stated that the lawsuit’s allegation was that Google was getting into the mortgage-servicing business. [read post]
27 Aug 2009, 8:45 am
” LendingTree has also filed a law suit this week against Mortech Inc., claiming the mortgage technology provider violated its contract with LendingTree by partnering with Google in the endeavor. [read post]
19 Aug 2009, 5:27 pm
" Soybean contracts are marked to market. [read post]
19 Aug 2009, 9:16 am
In the current mortgage debacle, few of the players knew what the baskets of mortgages they were packaging, buying and selling were actually worth. [read post]
18 Aug 2009, 1:35 pm
FM Lending Services, Inc. is another case of first impression. [read post]
17 Aug 2009, 4:20 am
LPS maintains a "network" of national and "local" law firms, all of who sign contracts with LPS. [read post]
14 Aug 2009, 10:59 am
The Pooling and Servicing Agreement (PSA) is the document that actually creates a residential mortgage backed securitized trust and establishes the obligations and authority of the Master Servicer and the Primary Servicer. [read post]
14 Aug 2009, 6:14 am
The author is a member of the Firm's Government Contracts & Regulated Industries Practice Group. [read post]
14 Aug 2009, 6:14 am
The author is a member of the Firm's Government Contracts & Regulated Industries Practice Group. [read post]
14 Aug 2009, 6:05 am
The author is a member of the Firm's Government Contracts & Regulated Industries Practice Group. [read post]
13 Aug 2009, 6:48 am
Read your contracts. [read post]
13 Aug 2009, 6:15 am
One of the important causes of the current financial difficulties was the exploitation of the regulatory gaps that existed between banks and the non-bank shadow financial system, and the virtual non-existence of regulation of over-the-counter (OTC) derivative contracts. [read post]
12 Aug 2009, 1:52 pm
That's why it provides the resources necessary for other law enforcement and federal agencies, from the Department of Justice to the SEC to the Secret Service, to pursue these criminals, bring them to justice, and protect hardworking Americans affected most by these crimes. [read post]
10 Aug 2009, 1:01 pm
I can promise that I will work my hardest to keep my clients out of foreclosure and secure a loan modification that actually lowers their mortgage payments, for good. [read post]
10 Aug 2009, 6:17 am
Loan servicers are go-betweens who process mortgage payments submitted by homeowners on behalf of banks or investors (in securitized mortgages). [read post]
5 Aug 2009, 2:16 am
A subscription to LAW.COM is needed for online access to this service. [read post]
31 Jul 2009, 10:30 am
Coxe is a practicing attorney in Wilmington, NC who specializes in Personal Injury, Car Accidents, Medical Malpractice, Contract and Real Estate disputes and all forms of Civil Litigation. [read post]
30 Jul 2009, 6:32 pm
By analogy to the subprime mortgage market, the lender doesn't care whether the buyer will be able to make the payments, because the loan is fully secured. [read post]
22 Jul 2009, 10:57 am
There is also a major difference in the ability of portfolio lenders and Fannie/Freddie/Ginnie servicers to extend the term of a mortgage that private-label servicers don't have. [read post]
21 Jul 2009, 2:44 am
In addition, the agency could ban mandatory arbitration in financial contracts, a win for consumer advocates, which has been pushing Congress to roll back such contracts that have become more ubiquitous for consumer purchases. [read post]
