WASHINGTION:?The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said. A draft settlement between the banks and U.S. states ... Financial Daily, 2 days ago
Lewis: You still can't bank on the paperwork - Denver Post, 5 days ago
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FirstClose, a service of First Lenders Data, Inc. (FLDI), an Austin, Texas-based provider of bundled mortgage settlement services, announced today that it has added PeoplesBank, A Codorus Valley Company, to its list of growing customers. FirstClose, ...PRWeb, 1 week ago
Bank of America, Citi, JPMorgan Chase, and Wells Fargo Reach Settlement With Massachusetts AG Over Foreclosure Violations
Four national banks agreed to pay millions in penalties to resolve claims that they unlawfully foreclosed on properties in Massachusetts. Bank of America, Citi, JPMorgan Chase, and Wells Fargo were accused of violating Massachusetts foreclosure ...JD Supra, 1 week ago Four Banks Reach $2.7 Million Settlement With Massachusetts AG Over Foreclosure Violations DSNews.com, 1 week ago Banks to pay Mass. $2.7M in foreclosure accord WBJournal.com, 1 week ago Banks agree to $2.7m foreclosure settlement with state Boston Globe, 1 week ago
RESTON, Va., Jan. 26, 2015 /PRNewswire/ -- NVR, Inc. ( NVR ) , one of the nation's largest homebuilding and mortgage banking companies, announced net income for its fourth quarter ended December 31, 2014 of $99,451,000, or $23.24 per diluted share.Yahoo! Finance, 2 days ago
Chairman Hensarling, Ranking Member Waters and members of the Committee, thank you for inviting me to testify today about our work at the Federal Housing Finance Agency (FHFA) and for providing my first opportunity to return to this Committee since ...4 Traders, 7 hours ago Fannie Mae Prices $1.22 Billion Multifamily DUS REMIC (FNA 2015-M1) Under Its Fannie Mae GeMS Program WorldNetDaily, 1 week ago
1. National Flood Insurance Program Reformed: In recent years, flood insurance premium rates have skyrocketed. The Homeowner Flood Insurance Affordability Act of 2014 mitigates some of those rate increases while continuing the program's goal of ...Huffington Post, 17 hours ago
The telecom ministry has vetoed a plan to sign a tripartite agreement that would allow mobile operators to borrow from banks by using spectrum as collateral, arguing that a national resource cannot be pledged by private players to lenders. The ...Communications Today, 1 day ago
Ocwen Financial Monday responded to investors allegations that the Atlanta mortgage servicer defaulted on its agreement to collect payments on $82 billion worth of home loans, saying the claims were baseless. Ocwen, one of the nation's largest ...CFO.com, 1 day ago Ocwen Issues Blistering Response to Investor Notice The MReport, 1 day ago Ocwen Responds to Allegations, Accuses Investors of Pushing Homeowners to Foreclosure DSNews.com, 1 day ago
Summary Rating agency Standard & Poor's agreed to settle with the Securities Exchange Commission by paying $77 million, but more repercussions could be on the way. S&P will also be barred for one year from rating commercial mortgage-backed ...Seeking Alpha, 1 day ago
Ocwen will keep its California mortgage license BlueMountain Capital Management on Friday said it was shorting the stock of Ocwen Financial and one of its publicly traded affiliates Home Loan Servicing Solutions. The Andrew Feldstein-run hedge ...Forbes.com, 1 day ago Hedge fund claims Ocwen breached bond covenants HousingWire.com, 5 days ago
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