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The causes of the most recent downturn go back a lot further than mortgages made between 2005 and 2007.
October 5
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Electronic communications and records are just as important to retain for your protection as paper ones.
October 5
National Mortgage News -
A California attorney and a telemarketing salesman were indicted for defrauding thousands of homeowners in a loan modification fraud scheme.
October 5
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In a letter, Sens. Mark Warner and Chris Coons raised concerns that requiring a “premium capture cash reserve account” would impede the return of a private securitization market.
October 5 -
The loan value for all commercial mortgage-backed securities was 85.9% in August 2011.
October 5 -
The National Credit Union Administration sued Credit Suisse Group, charging the Zurich-based company with misleading three corporate credit unions about the riskiness of mortgages that backed securities Credit Suisse bundled and sold to them.
October 5 -
Fitch has placed its servicer ratings on Ocwen and Homeward Residential on Ratings Watch Negative status.
October 5 -
Normally, a client can say just about anything to their attorney. That may not be the case if the Consumer Financial Protection Bureau has its way.
October 5
Offit | Kurman -
The Federal Housing Finance Agency is seeking public comments on a new securitization platform for Fannie Mae and Freddie Mac.
October 4 -
Alan David Tikal is facing charges that he bilked more than 1,000 homeowners in a multi-state, multimillion-dollar mortgage scam.
October 4
