mortgage servicing rights news
Your Search Returned 285 tagged news reports
CFPB eyes more mortgage disclosure for borrowers
New York City :: NY :: USA | 1 year ago
Credibility
The nation's consumer watchdog agency proposed new rules for mortgage servicers that would require institutions to improve their disclosures of fees, insurance and interest rates. The mortgage servicing rules we are considering reflect two basic,
Tags:
Obama housing scorecard: 'continued fragility'
Orange :: NH :: USA | 1 year ago
Credibility
Here's a look at the opening commentary for the most recent edition; previous month's; and a year ago Here's the March conclusion: Market data show progress on home sales and mortgage delinquencies, but continued fragility overall. Sales of
Tags:
What the foreclosure settlement means for you
Raleigh :: NC :: USA | 1 year ago
Credibility
Under the settlement, which was approved by a federal judge on Thursday , the banks will reduce the principal on loans held by underwater homeowners, refinance some mortgages to today's low interest rates and compensate those who lost their homes due
Tags:
Al Lewis: Mortgage broker fights lender folly
Denver :: CO :: USA | 1 year ago
Credibility
Pam Marron, a mortgage broker for 27 years in Tampa, Fla., is trying to put an end to one of the dumbest things any financial-services company can do. She says banks, credit unions and other lenders are routinely telling homeowners to default on
Tags:
Ask a real estate pro: Will mortgage debt transfer to wife?
Fort Lauderdale :: FL :: USA | 1 year ago
Credibility
Board-certified real estate attorney Gary M. Singer writes about the housing market in this space each Friday. To ask him a question about short sales, mortgages, refinancing, homeowner's associations or any other residential real estate topic, click
Tags:
New York probes insurance in foreclosure
Albany :: NY :: USA | 1 year ago
Credibility
New York is expanding a national investigation and scheduled public hearings into so-called forced-placed insurance that add costs to homeowners seeking to avoid foreclosure. Banks and mortgage holders take out force-placed insurance when a homeowner
Tags:
Real Estate Wonk: Why it's important to pay attention to escrow
Catonsville :: MD :: USA | 1 year ago
Credibility
Jamie Smith Hopkins The annual escrow statement that mortgage servicers send out might seem like a low priority for scrutiny, but Dino Frangos' experience underscores why it's worth a close look. He purchased a home in Catonsville last year and says
Tags:
Morgan Stanley to pay for some US foreclosures
Washington :: DC :: USA | 1 year ago
Credibility
The Federal Reserve says Morgan Stanley will review foreclosures carried out by its old mortgage subsidiary and reimburse any homeowners who were improperly forced out of their homes. The Fed says it has settled with Morgan
Tags:
Saxon Mortgage to lay off 454 workers in Fort Worth
Fort Worth :: TX :: USA | 1 year ago
Credibility
Tell us Saxon Mortgage, which was purchased by Ocwen Financial Corp. October, will close its loan servicing facility at 4708 Mercantile Drive in north Fort Worth and lay off 454 people from May 28 through year's end, the company told the Texas
Tags:
Foreclosure reforms to widen
Washington :: DC :: USA | 1 year ago
Credibility
Graphic Dividing up the homeowner relief More on this Story Officials have repeatedly said they hope to see similar reforms at other banks and financial firms, where many of the same questionable practices have persisted. We want to apply the
Tags:
