Lawyers prey on foreclosure-facing homeowners in San Fernando Valley... Los Angeles Daily News By CJ Lin, Staff Writer Paulette Breen, seen in the living room of her Van Nuys home, is the victim of unscrupulous lawyers feeding off the mortgage crisis in California. (John McCoy/Staff Photographer) Paulette Breen sensed something was wrong when ...
NRMLA Western Conference Recap: HUD, Financial Planners on Reverse Mortgages Reverse Mortgage Daily From Department of Housing and Urban Development officials to financial planners and new industry participants, close to 200 reverse mortgage professionals gathered last week in Irvine, California for the National Reverse Mortgage Lenders Association's ...
Lawyers prey on foreclosure-facing homeowners in San Fernando Valley and beyond Los Angeles Daily News By CJ Lin, Staff Writer Paulette Breen, seen in the living room of her Van Nuys home, is the victim of unscrupulous lawyers feeding off the mortgage crisis in California. (John McCoy/Staff Photographer) Paulette Breen sensed something was wrong when ...
Special programs to reduce principal on mortgages are attracting praise ... Florida Times-Union In addition, Fannie Mae and Freddie Mac, the government-backed mortgage giants that control the majority of mortgages in the state, will now allow loans to be paid down by the California program. Before, when a lender contribution was required, ...
Foreclosure-prevention efforts face obstacles in Sacramento Los Angeles Times Jerry Brown wants to use part of California's share of the national mortgage settlement to trim the state's budget deficit. Gov. Jerry Brown wants to use $410 million of the national mortgage settlement to trim a $16-billion deficit in his proposed ...
"The Keys to Finishing 2012 as Successfully as You Started It" Business Review Canada (press release) Prospect Mortgage, LLC (Unique Identifier #3296) is a Delaware limited liability company licensed by the Department of Corporations under the California Residential Mortgage Lending Act and operates with the following licenses: AK Mortgage...
Federal Attack On Calif. Mortgage Overhaul Spurs Debate Law360 (subscription) By Erin Coe Law360, San Diego (May 18, 2012, 8:23 PM ET) -- A federal home loan regulator's criticism of California's mortgage reform proposals is fueling a debate between opponents who claim the legislation could increase litigation for lenders and ...
Lenders less leery of reducing homeowners' principal The Republic In addition, Fannie Mae and Freddie Mac, the government-backed mortgage giants that control the majority of mortgages in the state, will now allow loans to be paid down by the California program. Before, when a lender contribution was required, ...
FHA's streamlined refinance program can save borrowers thousands San Francisco Chronicle Mortgage broker: David Cary, California Mortgage Advisors, Sausalito, (800) 400-2772, davidcary.com. Property type: An owner-occupied single-family residence in Benicia. Appraised value: No appraisal required. Borrowing amount: $539000.
Foreclosure drop seen nationwide Columbia Daily Tribune National mortgage-foreclosure activity in April decreased 5 percent from March and was down 14 percent from April 2011, according to a report by RealtyTrac released yesterday. One in every 698 US housing units had a foreclosure filing during the month.
Rented home doesn't pay the mortgage ?' now what? NorthJersey.com Q: We own a home in Georgia. Due to a job change, my husband moved out of state and took a large pay cut. I stayed in the home for a year after he moved and we depleted our savings during that time. We were finally able to rent the home out, ...
Savannah newsmakers Savannah Morning News The winners were Lisa Lively, Georgia Bank & Trust, with $19.3 million in closings; Gee Gee Kirkley, Georgia Bank & Trust, $13.1 million; Sonyia Cannady, Georgia Bank & Trust, $12.6 million; Patricia Small, First Bank Mortgage, $12.6 million; ...
Rented home doesn't pay the mortgage -- now what? Chicago Tribune Q: We own a home in Georgia. Due to a job change, my husband moved out of state and took a large pay cut. I stayed in the home for a year after he moved and we depleted our savings during that time. We were finally able to rent the home out, ...
Mortgage settlement money fixes government budgets GovPro Media Money from the National Mortgage Settlement that struggling homeowners were counting on for relief is being channeled to plug state budget deficits instead. According to a report by Enterprise Community Partners (ECP), a group that supports affordable ...
Thousands of Georgia Homeowners May be Eligible for Bank of America Loan ... Public Broadcasting Atlanta By Jonathan Shapiro Thousands of Georgia homeowners who are currently underwater on their mortgages could be eligible for a new principle reduction program. It's part of massive settlement agreement between Bank of America and federal and state ...
MRG Document Technologies Partners with The Stonehill Group to Offer Cost ... Business Review USA (press release) Atlanta, GA, May 17, 2012 --(PR.com)-- The StoneHill Group, a nationwide provider of quality control audits, fulfillment, due diligence and FHA insuring solutions for mortgage originators, announced a strategic alliance with MRG Document Technologies ...
Misused funds WatertownDailyTimes.com Struggling homeowners in several states may see limited help from a highly touted national mortgage settlement as state lawmakers instead divert the money to other purposes. In February, the Obama administration and 49 states made national headlines ...
John J. Stahl III Joins The Coastal Bank as Mortgage Director and Senior Vice ... PR Urgent (press release) In his new position, Stahl oversees mortgage lending activity at The Coastal Bank, manages a team of mortgage experts and ensures that customers enjoy access to a full range of state-of-the-art products and services. An accomplished mortgage industry ...
MRG Document Technologies Partners with The Stonehill Group to Offer Cost ... Exec Digital (press release) Source: The StoneHill Group Atlanta, GA, May 17, 2012 --(PR.com)-- The StoneHill Group, a nationwide provider of quality control audits, fulfillment, due diligence and FHA insuring solutions for mortgage originators, announced a strategic alliance with ...
Harper: Isakson right on mortgage reform Savannah Morning News Fannie Mae, Freddie Mac, FHA and the VA have been essential to the mortgage market for the past four years. Private money has vacated, except for when the government is willing to backstop risk in these uncertain times. Georgia Sen.
Lenders sniffing out dishonest applicants Chicago Tribune There are "more fraud checks than ever, and it's on every loan, not just a sample," says David Kittle, a former lender from Kentucky who chaired the Mortgage Bankers Association in 2009. More important, perhaps, the focus now is on preventing fraud ...
Kentucky court: Copy no good for military power of attorney Clarksville Leaf Chronicle BRETT BARROUQUERE, AP LOUISVILLE, KY. ? Lyndon and Latonya Bartholomew wanted to give Lyndon the legal ability to take care of the family mortgage and other issues while she deployed to Iraq with the US military in 2010, so they brought a photocopy of ...
A copy won't do: Court finds original documents needed to file military power ... The Republic BRETT BARROUQUERE AP LOUISVILLE, Ky. ? Latonya Bartholomew wanted to give her husband, Lyndon, the legal ability to take care of the family mortgage and other issues while she deployed to Iraq with the US military in 2010, so they brought a photocopy ...
Court: Military power of attorney can't be copy NavyTimes.com By Brett Barrouquere - AP LOUISVILLE, Ky. ? Lyndon and Latonya Bartholomew wanted to give Lyndon the legal ability to take care of the family mortgage and other issues while she deployed to Iraq with the military in 2010, so they brought a photocopy of ...
Court: Copy no good for military power of attorney Lexington Herald Leader By BRETT BARROUQUERE ? AP Latonya Bartholomew wanted to give her husband, Lyndon, the legal ability to take care of the family mortgage and other issues while she deployed to Iraq with the US military in 2010, so they brought a photocopy of a notarized ...
I'll Have Another owner J. Paul Reddam is no longer just horsing around Bellingham Herald ... the mortgage refinancing and high-interest personal loan company who critics say has unfairly capitalized upon people's financial woes during the country's economic and employment crisis. But the Sunset Beach resident is also owner of Kentucky...
Lenders are using a variety of tools to prevent mortgage fraud Los Angeles Times There are "more fraud checks than ever, and it's on every loan, not just a sample," said David Kittle, a former lender from Kentucky who chaired the Mortgage Bankers Assn. in 2009. More important, perhaps, the focus now is on preventing fraud rather ...
Protect Yourself from Mortgage Fraud SurfKY News KENTUCKY (5/7/12) ? The distressed condition of the national housing market, paired with high unemployment, has created a fertile environment for unscrupulous fraudsters seeking to take advantage of desperate homeowners. Many homeowners who turn to ...
Weltman, Weinberg & Reis Co., L.P.A. | Amendments to the Kentucky Deed in Lieu ... Linex Legal (press release) (registration) The newly enacted Kentucky House Bill 62, which becomes effective on July 10, 2012, amends the Kentucky statutory provisions on deeds in lieu of foreclosure by: Requiring a mortgage holder (mortgagee) to file a deed in lieu of foreclosure with the ...
Reddam in winner's circle Victoria Times Colonist By Bob Duff, The Windsor Star May 7, 2012 Windsor native Paul Reddam, right, owner of I'll Have Another, congratulates jockey Mario Gutierrez after they won the 138th Kentucky Derby at Churchill Downs in Louisville, Ky., on Saturday.
Arizona, US banks still struggle with TARP, mortgage fund Phoenix Business Journal (blog) It's been more than four years since the US Department of the Treasury invested $204.9 billion into 707 banks of all sizes under the Troubled Asset Relief Program initiative known as the Capital Purchase Program. In return for the investment, ...
Foreclosure drop seen nationwide Columbia Daily Tribune National mortgage-foreclosure activity in April decreased 5 percent from March and was down 14 percent from April 2011, according to a report by RealtyTrac released yesterday. One in every 698 US housing units had a foreclosure filing during the month.
Alleged Mortgage Fraud Ring Leader Sentenced ABC6OnYourSide.com Orms allegedly gained possession of millions of dollars from lenders through fraudulent mortgage applications. Orms recently lived in Arizona. He was not ordered to pay restitution because, a Franklin County prosecutor says, he most likely did not have ...
Foreclosures Hit a Record Low Zacks.com Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...
Foreclosures Hit a Record Low - Analyst Blog NASDAQ Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...
Scottsdale Mortgage Fraud: Real Estate Investor Sentenced to More Than Eight ... JD Supra (press release) ?Today's sentence signifies the continued commitment by the FBI, the Arizona Mortgage Fraud Task Force, and the United States Attorney's Office in targeting mortgage fraud,? said James L. Turgal, Jr., FBI Special Agent in Charge, Phoenix Division.
Foreclosures down, short sales up. Are banks getting smart? AXcess News Homeowners get to shed their mortgage debt faster - and with less damage to their credit rating. Short sales began outpacing foreclosures in some states late last year. Six states saw more preforeclosure sales - typically, short sales - than ...
Mortgage foreclosures dropping nationwide; good news for Maine Bangor Daily News ?Our preliminary first-quarter sales data shows that pre-foreclosure sales ? typically short sales ? are on pace to outnumber sales of bank-owned properties during the quarter in California, Arizona and 10 other states.? After three straight monthly ...
Foreclosures plunge to 5-year low in US recovery Monterey County Herald The "gradually rising foreclosure tide" forecast by RealtyTrac after a February settlement by the nation's biggest mortgage servicers over faulty practices has yet to materialize, limiting the number of properties on the market and propping up prices.
U.S. foreclosures at a 5-year low San Francisco Chronicle The "gradually rising foreclosure tide" forecast by RealtyTrac after a February settlement by the nation's biggest mortgage servicers over faulty practices has yet to materialize, limiting the number of properties on the market and propping up prices.
