Search for: "Federal Home Loan Mortgage Company" Results 21 - 40 of 1,575
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7 Oct 2010, 7:03 am by On the Net
Arizona Republic:  “Mortgage relief is on the way for Arizona homeowners who took out ‘pick-a-pay’ loans from two companies that since have been acquired by Wells Fargo. [read post]
22 Sep 2015, 2:43 pm by Sabrina I. Pacifici
“The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,062 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). [read post]
10 Oct 2012, 11:10 am by Bankruptcy Legal Group
Many homeowners may feel relieved to get a call from a debt relief company or mortgage modification firm informing them that they can help negotiate mortgage terms and lower loan payments for a small fee. [read post]
4 Dec 2012, 1:01 pm by Larry Tolchinsky
According to news reports, Goldman Sachs bought a little Texas company named  Litton Loan Servicing back in 2007, which held a bunch of  ”non-performing” sub-prime mortgage home loans that Litton was trying to salvage with loan modifications (among other things). [read post]
26 Nov 2008, 11:02 am
RBC Mortgage Company (RBC) will pay the federal government more than $10.71 million to resolve a False Claims Act suit that alleged the company gave the U.S. government false information about borrowers who took out 219 home loans that ended up in foreclosure.The government alleged that RBC falsified documentation in support of loan applications, violated due diligence underwriting requirements and improperly submitted loans for… [read post]
29 Apr 2020, 12:03 pm by Jordan Pascale, P.L.
  Forbearance is when your mortgage servicer, that’s the company that sends your mortgage statement and manages your loan, or lender allows you to pause or reduce your payments for a limited period of time. [read post]
23 Apr 2009, 2:41 am
The company has never been licensed in Idaho to engage in the offer or sale of mortgage loan modification services, as required by Idaho law. [read post]
The FTC alleged that the companies charged homeowners upfront fees and falsely claimed they could get their mortgage loans modified or prevent foreclosure on their homes. [read post]
3 Jan 2010, 4:52 pm
There are a number of factors to qualifying for help under HAMP, but the following five requirements must be met before even starting the discussion: You must be the primary resident of the home (i.e., not available for rental property loans); Your mortgage payment is more than 31% of your monthly pre-tax earnings; Your loan amount is less than $729,750; You are unable to afford your current mortgage payment; and Your loan servicer (i.e.,… [read post]
24 Apr 2010, 1:53 pm by clarence
Equity skimming – occurs when someone figures out how to get a loan for more than a home’s value. [read post]
1 Oct 2009, 9:36 am
Our San Bernardino loan modification attorneys were encouraged to see that federally backed mortgage company Freddie Mac is planning a more active step to help homeowners qualify for loan modifications. [read post]
28 Jan 2011, 7:40 am
If you are facing a foreclosure in Atlanta, Georgia, you may wonder whether it is a good idea to retain the services of a foreclosure rescue or home loan modification company. [read post]
7 Oct 2011, 7:00 am
In late September, 2011, a federal district court judge in New York ordered TopDot Mortgage to compensate 166 of its former mortgage loan officers for the company's violations of minimum wage and overtime laws. [read post]
2 Mar 2012, 5:38 am by Simmons & Schiavo
Federal National Mortgage Association, also known as Fannie Mae, are two documents borrowers sign to get a home loan. [read post]
9 Aug 2009, 12:38 pm
After a home goes into foreclosure and is sold at auction, the mortgage company can collect fees from the proceeds for insurance, legal services, title searches and appraisals. [read post]
3 Jul 2014, 4:17 pm by Sabrina I. Pacifici
FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages (AUD-2014-014) - 07/01/2014 “Banks that traditionally service mortgage loans backed by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (the Enterprises) have been selling the rights to service troubled loans (e.g., delinquent or in… [read post]
On March 9, the FTC unanimously voted to block the proposed merger between the nation’s largest provider of home mortgage loan origination systems (LOS) and other key lender software tools, and its top competitor that offers the same services. [read post]
18 Jan 2010, 7:05 pm
While there is a federal modification program (at least for first mortgages), the federal modification programs are not being utilized by the mortgage servicers to the extend many people thought. [read post]
23 Mar 2017, 7:22 am by Cathy Moran
Now, home loans get sold to someone else the moment the deal closes. [read post]