Tag Archives: mortgage servicers

How Does Government Shutdown Affect the Mortgage Market

The government shutdown doesn’t seem to be close to resolution… so what effect will it have on the mortgage market? Home loans will be held up if the [..]

buying a home, Featured, Finance, Home Buyers, Mortgages , , , , , , , , , , , , , , , , , , , , , , , ,

Banks Reach $8.5B Foreclosure Settlement

Banks Reach $8.5Billion Foreclosure Settlement with the Feds Additional Information: http://www.federalreserve.gov/newsevents/press/bcreg/20130107a.htm Frank Verni: http://frankvernirealtor.com

Featured, Foreclosures, Homeowner issues , , , , , , , , , , , ,

Overhaul of Mortgage Servicers is Proposed

The Consumer Financial Protection Bureau (CFPB) has proposed a sweeping set of rules that would overhaul a much criticized industry: mortgage servicers. Click Here to Read More!

Media Articles, Mortgages , , , , , , , ,

Bills to Help Homeowners Facing Foreclosure Advance in CA Legislature

Legislation aimed at protecting California homeowners facing foreclosures cleared a key hurdle Wednesday, winning approval in a joint committee created to hammer out the details of the proposal. [..]

Foreclosures, Loan Modifications, Media Articles, Mortgages , , , , , , , , , , , , ,

Investigation peers into foreclosure problem depths

Now-settled mortgage servicing violations permeated every step of the foreclosure process and were monitored by top executives across the entire industry, according to findings released by the Department [..]

Featured, General Info, Media Articles , , , , , , , , , , , , , , ,

Mortgage Industry Tanks, Fraud Continues at Countrywide

  Countrywide Bank Investigation Finds Evidence of Cut & Paste as well as Wite-Out on forms

Featured, Media Articles , , , , , , , , ,

Ex-Chase Employee Was Told ‘We are in the Foreclosure Business, not the Modification Business.

If you or any of your friends have had problems with the loan modificaton process, this is probably the answer that you suspected but never really heard. Most [..]

Media Articles , , ,