NAR: Buyer traffic up 29% from a year ago Permanent hamp mods fall 26% in august september 30, 2017 (e.g., the HAMP, Treasury FHA-HAMP, RD-HAMP or 2MP permanent modifications or extinguishments must have a modification or extinguishment effective date on or before September 30, 2017 or the HAFA short sale or DIL of foreclosure must have a transaction closing date on or before September 30, 2017).We all realize that the best time to sell anything is when demand for that item is high, and the supply of that item is limited. Two major reports released by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house. Let’s look at the data covered in the latest REALTORS Confidence Index and Existing Home Sales Report.Mortgage fraudsters are leaving these 10 markets In a housing market where prices are increasing, the property may only be held for 6 to 9 months before it is sold again for a profit. If the house is a rental and cannot be rented out, there is no cash flow to cover the mortgage payment.
In some cases you may even be able to receive a cash bonus to help you move. Another possibility is a deed in lieu of foreclosure, which is also called a mortgage release. Here you voluntarily transfer ownership of your home to Wells Fargo, avoiding a foreclosure sale and removing the obligation to repay your mortgage.
WINNING QUIET TITLE WRONGFUL FORECLOSURE LAWSUIT AGAINST WELLS FARGO. If you are in facing foreclosure or you already lost your home to a wrongful foreclosure do not give up hope because other people have sued their mortgage lenders and have won; and you can too.
· As the Reuters report notes, Wells Fargo disclosed in the SEC filing that a review of its use of a mortgage modification underwriting tool found a “calculation error” that affected certain.
So this is a third party document processor, designed to give mortgage companies plausible deniability for fabricating mortgage paperwork. And they’re coming to Bill Paatalo, a known expert in fighting foreclosure fraud, to get him to forge a mortgage assignment, so Residential Credit Solutions can get clear title on the mortgage. Why?
JPMorgan breaks new ground with ARM-only jumbo RMBS Here Is the $13 Billion Federal Case Against JPMorgan That Jamie Dimon Doesn’t Want You to See. against JPMorgan Chase-four years later and under a new president-the Department of Justice still took pains to keep Jamie Dimon’s secrets.. a fraudulent and deceptive scheme to package.
· Wells Fargo & Co executives and directors have reached a 0 million settlement with U.S. shareholders over the creation by bank employees of millions of.
Wells Fargo appeal to block FHA mortgage fraud lawsuit denied – A three-judge panel from the United States District Court of Appeals for the District of Columbia denied an appeal from wells fargo. alleged that Wells Fargo concealed the condition of FHA-insured.
· When it comes to mortgage lenders, bigger is not always better. I think a lot of home buyers flock to Wells Fargo and Bank of America, just because they know the names. They’ve seen them on TV, in the newspaper, etc. They feel it’s best to go with a “trusted name.” The big banks might work for some borrowers. But it didn’t work for us.
As the Reuters report notes, Wells Fargo disclosed in the SEC filing that a review of its use of a mortgage modification underwriting tool found a "calculation error" that affected certain.
Last month, Bank of America said it would pay $8.5 billion to settle lawsuits. The Wells Fargo penalties are not part of a broader deal announced in April between federal regulators and mortgage.