Search for: "Federal Home Loan Mortgage Corp.,"
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8 Dec 2016, 8:33 pm
Mortgage Brokers – In late November, a federal jury in Houston ordered the Allied Home Mortgage Capital Corp and the Allied Home Mortgage Corp to pay $93 million for mortgage fraud crimes that were committed over a period of seven years. [read post]
29 May 2009, 1:12 pm
The RESPA disclosure applies to all federally related mortgage loans, not merely loans secured by a borrower's principal dwelling. [read post]
15 Mar 2012, 10:20 am
Bharara's office has previously sued Deutsche Bank and Allied Home Mortgage Corp. on similar grounds. [read post]
28 Oct 2010, 3:16 pm
Wilcox claims EMC Mortgage Corp. made several temporary loan workout offers with no intention of granting a permanent modification, in order to keep the payments coming over three years. [read post]
5 Mar 2009, 7:00 am
A Republican lawmaker is accusing the former chief executive of mortgage finance company Fannie Mae of being dishonest in testimony before Congress about discounts he received on his home loan. [read post]
8 Aug 2011, 6:56 am
Countrywide Home Loans, Inc., an Eighth U.S. [read post]
11 Nov 2008, 10:04 pm
It will only apply to loans made on or before January 1, 2008, for homes that are owner-occupied, and if a homeowner has filed for bankruptcy, he or she will be disqualified from participating in the program.U.S. government officials plan to encourage large banking institutions that hold mortgage loans in their portfolios to take similar streamlined modification measures. [read post]
15 Mar 2010, 4:46 am
The federal tax exclusion only applies to mortgage balances on your principal residence ” your main home” and not on second homes, rental real estate or business property. 2. [read post]
8 Dec 2015, 3:58 am
The Plaintiffs also state that PHH receives a right of first refusal for the purchase of the mortgage servicing rights for PHH Home Loans originated mortgages, which permit PHH Home Loans to sell the servicing rights to PHH “on terms no less favorable” than those that could be obtained from an independent third party and that PHH owns a disproportionate share of the servicing rights for those mortgages relative to PHH’s… [read post]
18 Nov 2014, 7:07 am
In March 2008, Hayes and his partner sold the model homes to a third-party for a loss, leaving Hayes with a $70,000.00 obligation to his mortgage lender. [read post]
15 May 2011, 7:25 pm
docId=1376-LL1LWF0YHQ0X01-35SDRCD0D7SH4M5EPHTH48MK0U reports that Bank of America Corp., the largest U.S. mortgage servicer, may pay as much as $3.69 billion or as little as $890 million to settle with the state attorneys general and federal agencies over the investigation into its practices. [read post]
13 Sep 2012, 1:04 pm
"Fraudulent loan modification scams affect consumers at the most basic level, jeopardizing their ability to retain ownership of their homes," said B. [read post]
13 Sep 2012, 1:04 pm
"Fraudulent loan modification scams affect consumers at the most basic level, jeopardizing their ability to retain ownership of their homes," said B. [read post]
6 Aug 2009, 11:18 am
According to the Times, Wells Fargo & Co. had modified just 6% of the eligible loans it holds and Bank of America Corp. had modified just 4%. [read post]
8 Sep 2010, 8:55 pm
Others indicted in the scheme were Emerald City Escrow co-owner Donata Baydovskiy, mortgage brokers Vladislav Baydovskiy of Bellevue, Viktor Kobzar of Federal Way and Alla Sobol of Renton, as well as Issaquah real-estate agent David Sobol and Renton resident Camie Byron, a loan officer with Kobay Financial Corp. and Nationwide Home Lending. [read post]
30 Mar 2012, 8:28 am
Alleged victims of the scheme include: BNC Mortgage; Citibank (NYSE: C); CitiMortgage; Countywide Bank (since purchased by Bank of America (NYSE:BAC) ); Countrywide Home Loans; First Franklin Financial Corp.; First Franklin Financial Corp.; First Horizon Home Loans; Homecomings Financial LLC; IndyMac Bank; JP Morgan Chase Bank (NYSE: JPM); Long Beach Mortgage Corp.; Washington Mutual Bank; and Wells Fargo Bank (NYSE:… [read post]
7 Dec 2011, 6:32 pm
The laws regulate federal savings & loan institutions, and FIRREA established uniform national real estate appraisal standards. [read post]
5 Nov 2012, 2:21 pm
(as servicing agent for Federal Home Loan Mortgage Corporation (“Freddie Mac”)). [read post]
12 Apr 2012, 8:55 am
According to the Federal Reserve, Saxon Mortgage was the 34th-largest residential loan servicer in the U.S., collecting payments on more than 225,000 home loans. [read post]
12 Apr 2012, 8:55 am
According to the Federal Reserve, Saxon Mortgage was the 34th-largest residential loan servicer in the U.S., collecting payments on more than 225,000 home loans. [read post]
