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22 May 2009, 1:52 pm
Makinghomeaffordable.gov lists that the following mortgage servicers have contracted with the government under the "Home Affordable Modification Program" as of May 22, 2009:Aurora Loan Services LLCBank of America, NACarrington Mortgage Services, LLCChase Home FinanceCitiMortgage, Inc.CountrywideGMAC Mortgage LLCGreen Tree Servicing LLCHome Loan Services, Inc.Ocwen - see press release Saxon Mortgage… [read post]
11 Mar 2013, 11:23 am
On March 7, KIRP, LLC sued Texas-based mortgage servicer Nationstar Mortgage LLC in the Supreme Court of the State of New York in connection with Nationstar’s alleged improper conduct in servicing mortgage loans that are collateral for RMBS certificates owned by KIRP. [read post]
2 Feb 2022, 11:43 am
Carrington Mortgage Services, LLC, the plaintiffs filed a class action complaint against Carrington, their mortgage servicer, challenging the convenience fees in which they alleged that the servicer had violated Section 14-202(11) of the MCDCA by engaging in conduct that violates the Fair Debt Collections Practices Act (FDCPA) (Sec. 14-202(11) Claim) and Section 14-202(8) of the MCDCA by attempting to enforce a right with knowledge that the right… [read post]
21 Mar 2015, 11:49 am
Plaintiff later applied to her mortgage servicer for a permanent loan modification. [read post]
18 Aug 2022, 3:21 am
Petitioner CBC Mortgage, not the respondent, was first to offer mortgage services under the mark. [read post]
25 Jul 2017, 10:30 am
Mortgages are Contracts Home mortgages, just like any other contract, can be changed (or modified) by the parties to the agreement. [read post]
10 Aug 2015, 9:32 am
On July 30, 2015, District Judge Denise Cote of the Southern District of New York denied GE Mortgage Holding LLC’s (“GEMH”) motion for summary judgment in a repurchase action brought by the RMBS Trustee for the GE-WMC 2006-1 Trust. [read post]
22 Aug 2010, 8:47 am
Morgan Stanley Mortgage Capital Holdings LLC, C.A. [read post]
31 Oct 2022, 4:00 am
Ditech was comprised of three primary segments: (i) forward mortgage originations through Ditech Financial LLC (“DFL”); (ii) forward mortgage servicing through DFL; and (iii) reverse mortgage servicing through Reverse Mortgage Solutions, Inc. [read post]
20 Feb 2024, 12:44 pm
When a loan is initially issued, the lender either has an in-house servicing department or contracts with an external loan servicing company to handle the day-to-day loan management. [read post]
26 May 2023, 6:18 am
Likewise, the New York SHIELD Act requires covered entities to “select[] service providers capable of maintaining appropriate safeguards,” not just require those safeguards by contract. [read post]
18 Oct 2009, 2:41 am
"for the purpose of taking title to certain real property, contract servicing and other contractual rights that were pledged as collateral for a $67 million loan to an entity known as Compass USA SPE LLC. [read post]
26 Jun 2015, 7:19 am
Mortgage Fraud Blog. [read post]
17 Aug 2020, 5:43 am
Frieman said when USI Insurance Services, LLC, sued him for allegedly stealing clients away from Wells Fargo to work with his new employer, RCM&D Self-Insured Services Inc., otherwise known as SISCO. [read post]
20 Jul 2015, 2:09 pm
On July 10, 2015, Judge Denise Cote of the Southern District of New York granted partial summary judgment in favor of defendants WMC Mortgage LLC and GE Mortgage Holding LLC in an action filed by Trustee Bank of New York Mellon (“BoNY”) in connection with the sale of over $900 Million in RMBS. [read post]
6 Dec 2007, 2:34 pm
The 2002 decision in In re Shilo Inn, Diamond Bar, LLC, 285 B.R. 726 (Bankr.D.Or.2002)(Perris, J.) addressed the issue of whether the servicer of mortgage loan pools held by securitized mortgage trusts possessed the power to vote the trusts' claims with respect to the debtors' proposed chapter 11 plan of reorganization or whether the claims could only be voted by the trusts' certificate holders. [read post]
28 Jun 2021, 3:10 am
I have no empirical evidence to back it up, but from what I see in my business divorce travels, the proportion of realty holding LLCs that are manager-managed vs. member-managed is higher than other LLCs operating sales and service businesses. [read post]
20 Mar 2019, 8:43 am
It is also important to keep the personal accounts of the members separate from the business accounts of the LLC.There should be no cross over or overlap between LLC business accounts and personal accounts.For example, if the LLC is paid for a service carried out by the LLC, then the payment should be deposited into the LLC’s account and not the personal account of one (or more) of the members. [read post]
20 Jul 2016, 2:54 pm
Borrowers sued both Creditors and Servicer in the Circuit Court for Montgomery County, seeking $25M in damages for Creditors’ breach of contract. [read post]
14 Sep 2016, 5:27 am
Copyright © 2007-2016 Simple Justice NY, LLC This feed is for personal, non-commercial and Newstex use only. [read post]
