Archive for February, 2012
Wells Fargo’s Directors Ordered to Face Foreclosure Claims
0Wells Fargo Stagecoach (Photo credit: Noel C. Hankamer)
Feb 14, 2012 1:56 PM ETDirectors of Wells Fargo & Co., the largest U.S. mortgage lender, must face investors’ claims the bank failed to properly disclose details of More >
More Time Allowed for Foreclosure Review Requests
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by Jann Swanson Mortgage Daily Review Feb 15 2012, 10:53AMHomeowners who think they may have been financially injured due to the actions of mortgage servicers during a foreclosure have additional time to request a review of More >
Office of the Comptroller of the Currency Promotes National Consumer Protection Week
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WASHINGTON — The Office of the Comptroller of the Currency (OCC) promoted awareness of consumer protection resources during today’s National Consumer Protection Week (NCPW) event on Capitol Hill.
“Consumers need timely, useful More >
Mortgage Delinquency Spikes in TransUnion Q4 Report
0TransUnion is reporting that serious mortgage delinquencies rose during the fourth quarter of 2011 for only the second time since the end of 2009. The rate increased 13 basis points from 5.88 percent in the More >
Obama Housing Plans vs Reality
0by Cora Currier ProPublica, Feb. 14, 2012, 2:36 p.m.
The Obama administration recently unveiled a string of proposals to help struggling homeowners and get the housing market back on its feet — part of the administration’s “We Can’t Wait” election More >
Senators Slam Freddie on Bets Against Homeowners
0ProPublica, Feb. 9, 2012, 6:17 p.m.
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Sen. Robert Menendez, D-N.J., had sharp words for Freddie Mac‘s investment practices and conflicts of interest at a Senate Banking Committee hearing Thursday.
The senator’s More >
Why Millions Won’t Get Help From Big Mortgage Settlement
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by Cora CurrierProPublica, Feb. 9, 2012, 5:25 p.m.
The Obama administration is billing today’s $25 billion agreement between most states and five banks that engaged in flawed or deceptive practices as a big win for More >
Morgage News Daily – Today’s News
0Mortgage News Daily – Mortgage And Real Estate News
Related articles- U.S. To Charge Four Ex-Traders With Fraud Related To Subprime Morgages (huffingtonpost.com)
- Fannie Mae CEO Steps Down (popiwinters.wordpress.com)
- Market Update January 2012 More >
Michigan AG asked not to sign on to foreclosure fraud deal with feds
0January 31st, 2012 2:48 pm by Todd Heywood
Ingham County Register of Deeds Curtis Hertel, Jr., sent a letter to Michigan Attorney General Bill Schuette on Tuesday asking him not to sign on to a rumored foreclosure fraud deal brokered by the U.S. More >
