Search for: "INDYMAC Mortgage Services" Results 81 - 100 of 106
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2 Nov 2009, 9:28 pm
They refinanced a few years back with a loan from IndyMac, who apparently felt that the Option ARM mortgage design was the young family’s ideal option. [read post]
5 Apr 2009, 1:26 pm
On June 19, 2008, the DOJ announced a national mortgage fraud enforcement sweep dubbed Operation “Malicious Mortgage. [read post]
20 Mar 2009, 12:22 pm
" A "loss share" agreement typically provides that nonperforming assets are managed and collected by an acquiring bank and the FDIC agrees to absorb a significant portion of the loss - "typically 80 percent" as well as further loss protection.IndyMac Mortgage Services mortgage modification - download financial packet. [read post]
13 Jan 2009, 7:46 pm
Since IndyMac currently services the Fannie mortgages in questions, and collects fees for that service, that means Mnuchin's group got lots of upside in the sweet deal and very little downside. [read post]
7 Jan 2009, 7:00 pm
That's why, unlike a lot of loan-modification programs, such as those rolled out by Citigroup and IndyMac Bank, Ocwen's doesn't use broad guidelines--for instance, assuming that homeowners should be able to contribute 38% of their income to paying their mortgage. [read post]
4 Dec 2008, 11:57 pm
The most recent housing counselor survey by the California Reinvestment Coalition reveals the continuing frustration homeowners face as they try to actualize the promises of the mortgage servicing industry. [read post]
11 Nov 2008, 9:48 pm
  Second, as an extension of the FDIC model for modifying IndyMac mortgages, the plan calls only for monthly payment reductions, not for principal reductions. [read post]
4 Nov 2008, 1:55 am
The FDIC now administers these mortgages through a new entity called IndyMac Federal Bank. [read post]
2 Nov 2008, 2:56 pm
By Alan White Some useful applications of behavioral economics have emerged from efforts to deleverage American homeowners through mortgage renegotiations. [read post]
29 Oct 2008, 10:46 pm
The number of seriously delinquent mortgages, meanwhile, is still growing, and stands at more than 2.2 million, not counting foreclosures in process, bankruptcies and REO. [read post]
27 Oct 2008, 2:46 am
Frank's agenda (and her own consumer advocacy bias), she's been touting for months her "systematic loan modification" approach to easing the credit crisis, and has made a big bet on the FDIC's ability to implement it with IndyMac's owned and serviced loan portfolios. [read post]
26 Oct 2008, 9:56 pm
" A trade publication Default Servicing News (DSNews.com) reports even more boldly that Hope Now has prevented nearly 2.5 million foreclosures. [read post]
23 Oct 2008, 10:20 pm
The FDIC, as conservator for IndyMac, has suspended all foreclosures and is aiming to modify 40,000 out of 60,000 currently delinquent IndyMac mortgages. [read post]
17 Oct 2008, 6:07 pm by Sue McAllister
The mortgage servicers, overwhelmed with modification requests, are provided with solutions, and investors realize some return as opposed to no return and the likely hundreds of thousands in losses resulting from a foreclosure. [read post]
29 Sep 2008, 6:06 pm
This is all still precatory, in a sense, but has the potential to change the paradigm in mortgage servicing and start a process of genuine mortgage restructuring. [read post]
28 Sep 2008, 12:40 am
If the servicer forecloses, it will likely recover only about 60% of principal on a given mortgage. [read post]
21 Sep 2008, 6:02 pm
A few servicers (and now the FDIC, conservator for IndyMac) are aggressively modifying mortgages and working out delinquent loans, and bringing down delinquencies in the process. [read post]
18 Sep 2008, 1:07 pm
The FDIC could use IndyMac to set a new paradigm for mortgage modifications for the rest of the industry to follow. [read post]
24 Jul 2008, 12:52 am
But the IndyMac bank failure sure does have a familiar ring to it. [read post]