Monday, January 23, 2017 Wells Fargo accused of falsely overcharging mortgage borrowers With the wound from its massive account scandal last year still fresh, four former Wells Fargo employees in the Los Angeles region say the account scandal was not the only way the bank deceived borrowers.
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Progress Residential prices first REO-to-rental securitization “We call ourselves the first responders,” said Futral. Investors, including Blackstone, Colony and progress residential lp, have bought half the homes on the block. Cartagena is paying $950 a month.
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FreddieMac.com launches online tool for distressed borrowers Established the automation of the FNMA ‘Make Home Affordable’ Program which is a borrower outreach campaign to help save deserving distressed and delinquent borrowers by modifying their.
Monday Morning Cup of Coffee: JPM Chase agrees to massive mortgage settlement – The FHA loans carry low down payments and are easier to qualify. It is subject to the presiding judge’s approval. It is subject to the presiding judge’s approval.
Clayton Consulting Services is a provider of operational risk.US files $25 billion settlement with banks on mortgage abuses – The federal government and 49 state attorneys general Monday asked a federal judge to approve a sweeping $25 billion settlement with mortgage lenders over foreclosure abuses that helped contribute.
Monday Morning Cup of Coffee: Mortgage rates to set more record lows.. mortgage rates increase Brexit didn’t have huge affect on US mortgage Read more. Contents Chair. david silfen Helped drop foreclosures Talks october 25 Corp. jpmorgan chase mortgage Servicing mortgage loans [youtube.
From General Electric (GE), where ex-employees say they were punished for ferreting out mortgage fraud, to JPMorgan Chase (JPM), which recently. In December, the FDIC agreed to a $64.7 million.
Monday Morning Cup of Coffee: JPM Chase agrees to massive mortgage settlement – In one case. google search activity to predict market trends as they are occurring, predicted that existing-home sales are projected to fall between seasonally adjusted annual rates of 5.4 and 5.74.
S&P/Case-Shiller shows new low for home prices in 1Q The recovery has accelerated most recently thanks to tighter inventories of homes for sale and low interest rates. after purchasing houses near the 2006 price peak. The new peak just declared by.
Wells Fargo accused of ripping off mom-and-pop businesses Monday Morning Cup of Coffee takes a look at news coming across Housing. Wire’s weekend desk, with more coverage to come on larger issues. Borrowers and lenders, here is your warning! Reports of mortgage scams and financial hackers keep making it to Housing.