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A substantial portion of first mortgage are eligible for HAMP relief either as Fannie Mae or Freddie Mac related mortgages (GSE Loans) or as the mortgage servicer has agreed to participate in HAMP (non-GSE Loans).Some homeowners have trouble communicating with their mortgage company to obtain HAMP relief. [read post]
2 Nov 2021, 10:04 pm by Daily Record Staff
Sless Group of Primary Residential Mortgage has added Lura Renninger as a loan processor dealing exclusively with reverse mortgages. [read post]
24 Apr 2012, 3:09 pm
The definition of an MLO can be found in Section 22013(a) of the CFLL and Section 50003.5 of the CRMLA, which states in a pertinent part: "Mortgage loan originator" means an individual who, for compensation or gain, or in the expectation of compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan…" Subsection (b)(7)(ii) of Appendix A of HUD's final rule… [read post]
5 Oct 2011, 1:08 am
McAvoy to 3 years probation, with conditions including a fine of $5,000 and 100 hours community service, based upon the defendant's plea to one count of wire fraud in connection with the submission of false documents to help secure the refinancing of a residential property located in Latham, New York. [read post]
26 Nov 2018, 5:16 pm by Kevin L. Britt
  It provides a legal remedy when owners and mortgage holders breach their duty to maintain residential properties. [read post]
6 Jan 2009, 9:06 pm
The first is the residential mortgage contract, which is problematic because too many homeowners cannot pay what they owe, yet cannot modify their debts in bankruptcy. [read post]
The final rule also provides an additional exemption for certain mortgages that would not meet the QRM standards, e.g., community-focused residential mortgages. [read post]
12 Apr 2021, 11:02 am by Reid F. Herlihy
Also on April 5th, the CFPB issued a blog post discussing mortgage servicing communication strategies during the COVID-19 pandemic. [read post]
10 Jun 2016, 9:37 am by Rich Vetstein
Sousa’s twenty-five years of experience in the lending and real-estate industry crosses retail and wholesale mortgage sales, residential and commercial mortgage appraising, and residential and commercial real-estate sales and leasing. [read post]
1 Jun 2011, 3:51 pm
Any efforts made by service providers and those in the mortgage industry to provide a more efficient resale process for distressed properties will certainly help HOAs and their communities. [read post]
18 Jan 2010, 6:59 pm by Jonathan Alper
The biggest complaint I hear from clients facing potential home foreclosure is that they cannot communicate with anyone from their mortgage lender who has authority to modify their loan or otherwise help them avoid losing their home. [read post]
17 Mar 2010, 6:55 pm by David Leibowitz
 Lakelaw also defends residential and business foreclosures in Illinois and Wisconsin. [read post]
7 Oct 2014, 8:55 am by Dan Pinnington
If you have any questions about the exceptions discussed in this communication, please contact your title insurer. [read post]
17 Oct 2011, 6:00 am
Then there are the mid-market and local community banks for both commercial and residential borrowers and the savings and loan associations for primarily residential borrowers. [read post]
31 Jan 2017, 6:51 am by Barbara S. Mishkin
  From 2010 to at least 2015, the bank is alleged to have avoided serving the credit needs of individuals seeking residential mortgage loans in majority-minority census tracts in the Metropolitan Statistical Area encompassing Minneapolis and St. [read post]