Ocwen Financial Services, the nation's largest servicer of subprime mortgages, said on Monday it has not suffered an event of default on any of the mortgages it services, responding to bondholders allegations of a default. The embattled company ... Forbes.com, 2 days ago
Ocwen to Sell $25 Billion in Servicing Rights to Nationstar - The MReport, 2 days ago
On March 3, the DOJ's U.S. Trustee Program announced a $50 million settlement with a national bank to resolve allegations that the bank engaged in improper actions during bankruptcy proceedings. Under the terms of the settlement , the bank will ...JD Supra, 1 week ago BofA finally puts Countrywide's mortgage misdeeds behind it with approved $8.5B settlement South Philly Review, 2 weeks ago Finally, judge approves $8.5B BofA mortgage bond settlement. Mortgage Professional America, 2 weeks ago
Scott+Scott Announce the Pendency of Class Action and Proposed Settlement of Residential Mortgage Backed Securities Trusts
NEW YORK--( BUSINESS WIRE )--Scott+Scott announce the pendency of class action and proposed settlement in the following case: UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK OKLAHOMA POLICE PENSION AND CASE NO.Business Wire, 2 days ago
Santa Fe-About 230 New Mexicans who lost their homes to foreclosure will get direct payments from SunTrust Mortgage under a nationwide settlement, according to the New Mexico Attorney General's Office. The $550 million federal-state settlement ...Albuquerque Journal, 1 week ago SunTrust borrowers who lost homes may get payment [The Free Lance-Star, Fredericksburg, Va.] BusinessWeek, 1 week ago SunTrust Foreclosure Settlement Starts North Carolina News Network, 1 week ago
Many people are likely familiar with The J.G. Wentworth Company ( JGW ). The purchaser of structured settlement payments, annuity payments, lottery payments and other receivables rose to fame with the It's my money and I want it now advertising ...HousingWire.com, 2 weeks ago JG WENTWORTH : The J.G. Wentworth Company to Acquire WestStar Mortgage 4 Traders, 4 days ago JG WENTWORTH : National Lender Agrees to be Acquired 4 Traders, 2 weeks ago The J.G. Wentworth Company to Acquire WestStar Mortgage, Inc. MoneyShow.com, 2 weeks ago
More from: Reuters, Minyanville...and 27 other sources
ClosingCorp National Survey Reveals Two In Three Millennials Who Plan To Own A Home Are Unaware Of Closing Costs
ClosingCorp®, a leading provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, today released the results of a nationwide survey which reveals that approximately two-thirds of ...Individual.com, 1 day ago
Fear No Change Tila-Respa Training for Realtors Hosted By Fidelity National Title and Morf Media, Inc.
PRWeb While most professionals serving the U.S. mortgage industry are aware of the major game change with the upcoming implementation of the new RESPA/TILA integrated disclosure final rule this August, training now is key to help manage the impact ...CEOWorld Magazine, 1 week ago
Federal National Mortgage Association FNMA and Federal Home Loan Mortgage Corporation FMCC have been undertaking various initiatives to boost earnings by offering the homeowners of foreclosed properties a chance to buy their homes back at lower ...Zacks.com, 1 week ago
A recent report from the Inspector General of the Federal Housing Finance Agency implicitly warned Congress that, in their current configuration, Fannie Mae and Freddie Mac could need major future U.S. taxpayer bailouts. The report did not ...4 Traders, 2 days ago Congress Should Not Treat Financial Companies as Public Utilities Forbes.com, 2 days ago
Advanced Search Volume 26 - Number 6 March 23, 2015 It looks like some of the biggest mortgage lenders in the nation will be closing their loans themselves largely without closing agents, once the CFPB's integrated disclosure rule kicks ...Inside Mortgage Finance, 2 days ago
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