Search for: "First Residential Mortgage Services Corporation"
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7 Oct 2010, 7:03 am
Under the agreement announced today, Wells Fargo will make a number of substantial servicing commitments for its POA borrowers. [read post]
6 Aug 2018, 6:00 am
Fortunately, just a few entities own, insure, or guarantee almost all residential mortgage loans in the United States: Fannie Mae, Freddie Mac, the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), and the U.S. [read post]
8 Sep 2015, 7:07 pm
WIMC, through subsidiaries such as RMS and Green Tree Servicing LLC, provides business support to the residential mortgage industry, including servicing of reverse or forward mortgages on behalf of major financial institutions. [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]
10 Apr 2024, 11:44 am
As detailed in the petition, REMICs are controlled by major financial institutions and hold a significant portion of residential mortgage loans in the United States. [read post]
4 Jun 2015, 8:41 am
Mortgage Fraud Blog. [read post]
19 Apr 2019, 9:38 am
* * * General Electric Capital Corporation (GECC), then the financial services unit of GE, acquired WMC, a subprime residential mortgage loan originator, in 2004. [read post]
16 Apr 2007, 3:24 am
Freddie Mac: Federal Home Loan Mortgage Corporation (FHLM); a federally-chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors; this provides lenders with funds for new homebuyers. [read post]
19 Oct 2018, 1:57 pm
The problems that existed (and exist) with residential mortgage loan servicing simply don't have an analog with CLO restructurings of underlying loans. [read post]
9 Oct 2007, 8:57 am
The suit is the first case brought under the Predatory Home Practices Act. [read post]
22 Apr 2020, 10:00 pm
The CARES Act defines a “federally backed mortgage loan” as any loan which: is secured by a first or subordinate lien on residential real property (including individual units of condominiums and cooperatives) designed principally for the occupancy of from 1 to 4 families, including any such secured loan, the proceeds of which are used to prepay or pay off an existing loan secured by the same property; andis made in whole or in part, or insured,… [read post]
29 May 2015, 2:39 pm
The individual defendants are permanently banned from, among other things, advertising or selling any mortgage assistance relief product or service or any debt relief product or service. [read post]
4 Mar 2008, 5:01 am
The first test is the original 80/20 rule. [read post]
26 Jun 2015, 12:56 am
The post Luxury Home Developer Gets 18 Years appeared first on Mortgage Fraud Blog. [read post]
8 Sep 2011, 2:40 pm
Policymaking initiatives should thus narrowly target the uniquely bad governance of subprime residential mortgage-related CRT, but not the CDS or securitization markets more broadly. [read post]
2 Jul 2015, 9:53 am
Mangalardi and Wojtas, according to the indictment, managed the affairs of the Woods through a variety of corporate shells, including American Dream, Inc.; Countryside Real Estate Development, LLC; ESP 411 Holdings, LLC; Palatine Leasing Services Group, Inc.; Renaissance Residential of Countryside, LLC; Renaissance Residential Property Management, Inc.; and Steal-A-Condo, LLC. [read post]
24 Mar 2009, 10:40 am
Receivables must have been generated by Fannie Mae- or Freddie Mac-approved residential mortgage loan servicers on or after January 1, 2007. [read post]
11 Aug 2011, 2:17 pm
Lawrence, a loan officer for mortgage broker Mortgages First Real Estate Services LLC, allegedly assisted the borrowers to obtain the loans. [read post]
11 Aug 2011, 2:17 pm
Lawrence, a loan officer for mortgage broker Mortgages First Real Estate Services LLC, allegedly assisted the borrowers to obtain the loans. [read post]
28 Aug 2020, 2:00 pm
Real Estate Commercial real estate Easements Encroachment Foreclosure Landlord & tenant Law Litigation Mortgage & lending law Neighbor & HOA disputes Property damage Purchase agreements Real estate transactions Residential real estate Title services Trespassing Other. [read post]
