Search for: "CITIGROUP MORTGAGE LOAN SERVICES"
Results 21 - 40
of 174
Sort by Relevance
|
Sort by Date
22 Apr 2013, 2:43 pm
Citigroup – $158 million Citigroup agreed to pay over $158 million to settle claims that the company’s mortgage unit knowingly and actively approved federally backed home loans for unqualified applicants, and then falsified information regarding these loans to the government. [read post]
28 Mar 2013, 10:09 am
Mortgage Loan Modification Programs Here is a collection of voluntary mortgage loan modification programs... [read post]
4 Mar 2013, 12:38 am
Second, in May 2011, Citigroup filed an action in the Central District of California against Impac, alleging violations of Sections 18 and 20 of the Securities Act of 1934, as well as negligent misrepresentation in connection with the Citigroup’ s purchase of certain other certificates. [read post]
2 Jan 2013, 3:17 pm
Defendant: HSBC Bank USA, National Association, EMC Mortgage Services, LLC and John Does 1-10. [read post]
28 Aug 2012, 8:49 am
Cochran previously served as the deputy assistant director for regulations, overseeing preparation of agency rules regarding remittances, mortgage servicing, mortgage disclosures, mortgage loan originator compensation, high-cost mortgages, and appraisals. [read post]
22 Aug 2012, 9:31 am
” The Administrator’s Interpretation stated, “a careful examination of the law as applied to the mortgage loan officers’ duties demonstrate that their primary duty is making sales and, therefore, mortgage loan officers perform the production work of their employers. [read post]
21 Aug 2012, 9:55 am
Earlier this month, Citigroup announced that it would be launching a program to help about 500 homeowners who are having trouble keeping up with their mortgage. [read post]
30 Jul 2012, 10:28 am
$17.0 billion will be in the form of credits for loan modification and foreclosure prevention activities for homeowners still in their homes [read post]
23 Jul 2012, 12:14 am
The Libor benchmarks are used as the reference rate for a wide variety of financial instruments, including forward rate agreements; short-term interest futures contracts; interest rate swaps and inflation swaps; floating rate notes; syndicated loans, and variable rate mortgages, among many others. [read post]
18 Jul 2012, 8:29 pm
After the savings and loan debacle in the late 1980’s, billions were made by those who purchased the ‘bad paper’ from the Resolution Trust, which was the government bailout fund. [read post]
16 Jul 2012, 7:08 pm
Considering that LIBOR is a benchmark interest rates that affects hundreds of trillions of dollars in financial contracts, including floating-rate mortgages, interest-rate swaps, and corporate loans globally, the fact that this type of financial fudging may be happening on a wide scale basis is disturbing. [read post]
27 Jun 2012, 7:20 pm
Now servicers have clear guidelines on process. [read post]
12 Jun 2012, 11:55 am
The settlement also sets new standards for servicing loans aimed at preventing foreclosure abuses. [read post]
10 May 2012, 12:53 pm
The Department of Housing and Urban Development recently announced a $25 billion settlement between the five largest banks in the U.S. to address mortgage loan servicing and foreclosure abuses. [read post]
2 May 2012, 2:54 pm
• The settlement covers home mortgages serviced by Bank of America, JPMorgan Chase & Co., Citigroup Inc., Ally Financial lnc. [read post]
30 Apr 2012, 7:54 pm
The mortgage industry is comprised of a cartel of the four largest banks, which happen to be the largest loan servicers, as well as the owners of most second liens. [read post]
18 Apr 2012, 7:42 am
Next look at Citigroup, which had mortgage loans in foreclosure that totaled about $7 billion, with another $10 billion in others-serviced loans. [read post]
16 Apr 2012, 10:17 am
The settlement with the nation’s five largest mortgage servicers — Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup Inc., and Ally Financial Inc. [read post]
9 Apr 2012, 11:23 pm
The plaintiffs are saying that it was BNYM’s job to perfect the assignment of mortgages to the trusts, certify that documentation was correct, review loan files, and make sure that the trust’s master servicer executed its duties and remedied or bought back defective loans. [read post]
4 Apr 2012, 7:14 am
In what has come to be a weekly rite of passage, another big mortgage servicer is being investigated for its faulty servicing practices and “robo-signing”. [read post]
