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17 Feb 2009, 6:39 pm
Grossman argues that judicial mortgage modification will impose uncertainty and financial loss on mortgage lenders, thereby increasing the cost of mortgage loans in the open market. [read post]
6 Dec 2010, 2:11 pm
In August the case was transferred to a Section 50 court, where cases open longer than two years are placed, and the new judge granted Deutsche Bank summary judgment effectively ending the case. [read post]
2 Dec 2019, 1:25 pm
A default usually opens the door to a variety of other options with the lender, including the possibility of a loan modification, a short sale, or a deed in lieu of foreclosure. [read post]
4 May 2021, 12:37 pm
” One letter template was stamped “***IMPORTANT NOTICE***” and “DATED DOCUMENT OPEN IMMEDIATELY,” and warned, “[o]ur records indicate that you have not yet called to discuss your eligibility as a homeowner aged 62 or older for your property at [the consumer’s specific address]” and later described the reverse mortgage loan offered by Nationwide as a “Federally Insured Program that allows senior homeowners to immediately increase… [read post]
20 May 2013, 1:35 pm
In an effort to combat mortgage fraud and promote open government, Macomb County, Mich. recently made close to two hundred years of digitized land records more searchable for residents, law enforcement, and businesses. [read post]
10 Oct 2020, 8:19 am
-John Palley The post When to open probate when house is almost upside down? [read post]
12 Apr 2021, 10:56 am
Noting the CFPB’s recent Compliance Bulletin 2021-02 and Mortgage Servicing Notice of Proposed Rulemaking, the post encourages mortgage servicers to use all available tools to reach affected borrowers. [read post]
4 Mar 2021, 2:34 pm
The RMS employee provided her email credentials to the malicious website opened by the hyperlink, which compromised the employee’s email account, which contained “a substantial amount of sensitive personal data from mortgage loan. [read post]
22 Dec 2014, 11:11 am
It might also open the door for borrowers to sue servicers over loan modifications (or lack thereof) on the grounds of an implied duty of good faith and fair dealing. [read post]
17 May 2013, 3:00 am
While arbitration provisions in documents used for non-mortgage consumer financial products and services are also unaffected by the prohibition, Dodd-Frank left open the possibility of broader regulation of mandatory arbitration agreements. [read post]
25 Mar 2011, 10:19 am
Criminal investigations into the acts of banks and mortgage companies have been opened in all 50 states and it is long past the time where a homeowner can expect reasonable treatment in dealing with their bank -- if such a time ever existed. [read post]
17 Dec 2007, 7:58 pm
While the Federal Open Market Committee (FOMC) lowered the target federal funds rate... [read post]
27 Aug 2008, 6:01 am
Dealbreaker's essential Opening Bell yesterday included the following note about the connection between the state of Florida and mortgage fraud: Florida tops 1Q mortgage fraud list (AP) This is not surprising... [read post]
25 Jan 2009, 10:31 pm
Katie Porter has already noted the problem of high noncompletion rates in chapter 13 as a reason for suspecting that mortgage cramdown will not "save" many homes. [read post]
13 Oct 2010, 12:02 pm
By opening an investigation that includes nearly all states, Goddard said the Attorneys General can pool investigative resources and work more productively. [read post]
9 Jun 2010, 11:21 am
Inquire within for current Mortgage Rates bc@SmarterBorrowing.com 617.771.5021 Economic Data Wednesday’s bond market opened in negative territory again following early stock strength. [read post]
7 Jul 2015, 10:44 am
More often than not, the real estate lawyer will discover an issue that he or she is obligated to disclose to the buyer, that a title company may not feel is important to share with the buyer (prior title issues that were “papered over”, open permits, etc). [read post]
20 Sep 2010, 10:50 pm
The Federal Reserve also holds a lot of MBSs in its System Open Market Account (SOMA)—over $1 trillion as of Sept. 15, 2010. [read post]
18 Nov 2011, 5:24 pm
The most common (and helpful) deduction is a mortgage payment. [read post]
15 May 2013, 8:19 am
Unlike open-end mortgages, purchase money mortgages are eligible to finance closing costs. [read post]
