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22 Apr 2020, 8:52 am by Colleen McDonald
  The action by the FHFA aligns the servicer advance requirements for mortgage loans in both Freddie Mac and Fannie Mae issued mortgaged-backed securities (MBS). [read post]
16 Dec 2023, 10:22 am by Russell Knight
In the case of In re Marriage of Frederick, 578 NE 2d 612 – Ill: Appellate Court, 2nd Dist. 1991, the trial court gave credit to one spouse for reducing principal in advance of the finalization of the divorce. [read post]
1 Apr 2015, 5:34 pm by Allison Tussey
 The post Man Arrested for Advance Loan Fee Scam appeared first on Mortgage Fraud Blog. [read post]
11 Apr 2016, 4:29 pm by Sabrina I. Pacifici
Nonbank Mortgage Servicers: Existing Regulatory Oversight Could Be Strengthened, GAO-16-278: Published: Mar 10, 2016. [read post]
10 Jan 2014, 12:33 pm by Karen M. Morgan
MorganIn advance of today’s effective date for most of the rules, the CFPB has been releasing additional resources for mortgage consumers. [read post]
1 Dec 2015, 10:59 pm
Check part 2 to see if the mortgage advance will be paid electronically or by cheque and the minimum number of days notice we require. [read post]
29 Mar 2011, 10:34 am by By BEN PROTESS
The proposed rule would require banks to retain at least 5 percent of the credit risk on certain securities backed by mortgages. [read post]
23 Sep 2013, 5:00 am
The following article was written by Laura Englehart, Law Clerk at Kohrman Jackson & Krantz and a law student at CSU's Cleveland-Marshall College of Law * * * In an attempt to keep residents in their homes and prevent foreclosures, municipal leaders in Richmond, California are advancing a plan that allows the city to use its eminent domain powers to seize and refinance underwater mortgages. [read post]
13 Aug 2010, 4:31 am by Norm Pattis
Money is advanced, and the borrower agrees to repay on certain terms. [read post]
9 Apr 2009, 4:27 am
However, because attorneys are permitted to accept advance fees, they are in demand by some loan modification businesses. [read post]
3 Aug 2012, 3:37 pm by BuckleySandler
On July 18, the CFPB filed suit against a group of California companies and individuals alleged to have orchestrated a mortgage modification scam in violation of the Consumer Financial Protection Act and Regulation O. [read post]
15 Aug 2014, 9:02 pm
" In it the mortgage lender is given assurances in advance that the refinancing is not a violation of the bankruptcy discharge. [read post]
29 Mar 2010, 2:32 am by atussey@mortgagefraudblog.com
American Modification Consultants, LLC, d/b/a American Mitigation Consultants; Philadelphia, Pennsylvania and INQB8 LLC, d/b/a Discount Mortgage Relief, Scottsdale, Arizona, had lawsuits filed against them for offering to negotiate or modify the terms or conditions of an existing home mortgage from requesting advance payments from homeowners. [read post]
1 Jul 2011, 10:16 am by Tomassi Law Associates
The big difference is, the upfront mortgage insurance premium on the saver is only 0.01 percent of the homes appraised value - compared to 2 percent on a standard reverse mortgage. [read post]
10 Aug 2012, 6:20 pm by BuckleySandler
On August 3, Illinois enacted numerous changes to its Residential Mortgage Licensing Act. [read post]