Securitization

Foreclosure Settlement Shuts Down Reviews: Banks Will Continue Business As Usual

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By Francine • Jan 13th, 2013 • Category: Pure Content, Regulators, Laws, Standards,Regulations, The Big 4 And Consulting 

I wrote last week in Forbes about the settlement of the OCC/Fed consent orders that mandated foreclosure reviews by More >

Foreclosure mill head faces Florida Bar discipline

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by Kim Miller

The owner of the Fort Lauderdale-based Law Offices of Marshall C. Watson has agreed to plead guilty to offenses found during a Florida Bar investigation in what is believed to be the first disciplinary action taken by the regulatory More >

Obama Housing Plans vs Reality

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by 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 >

Michigan AG asked not to sign on to foreclosure fraud deal with feds

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January 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 >

Deutsche Analyst Sounded Alarm When Asked to Alter Numbers

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A guard stands outside the New York headquarters of Deutsche Bank in Lower Manhattan on April 8, 2010. (Dan Nguyen/ProPublica) by Carrick Mollenkamp, Special to ProPublica Jan. 19, 2012, 9:04 a.m.  

At a time when mortgage-backed securities were More >

US HUD’s Donovan: ‘Very Close’ To Robo-Signing Settlement

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Written By (Updates with details throughout) Published January 18, 2012 - Dow Jones Newswires

WASHINGTON –U.S. Housing and Urban Development Secretary Shaun Donovan said Wednesday that a pending settlement of an investigation into More >

MERS Settles, Avoiding Class Action Foreclosure Fee Lawsuit

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An 11th-hour settlement is expected to stave off potential class action status in a lawsuit that claims foreclosed borrowers were overcharged for attorneys’ fees that the Mortgage Electronic Registration Systems Inc. did not actually incur.

The More >

OCC Chief Counsel Testifies on Efforts to Correct Foreclosure Deficiencies

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TESTIMONY OF JULIE L. WILLIAMS  FIRST SENIOR DEPUTY COMPTROLLER AND CHIEF COUNSEL OFFICE OF THE COMPTROLLER OF THE CURRENCY Before the SUBCOMMITTEE ON HOUSING, TRANSPORTATION, AND COMMUNITY DEVELOPMENT  Of the  COMMITTEE ON BANKING, HOUSING, AND More >

MBA: Outstanding Commercial Debt at $2.4 Trillion for Q1

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Fri, 2011-06-17 16:06 — NationalMortgageProfessional.com

The level of commercial/multifamily mortgage debt outstanding remained essentially unchanged at $2.4 trillion in the first quarter of 2011, decreasing by 0.1 percent from fourth quarter 2010, More >

Homeowner Groups Sue to Force Foreclosures

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Members of the Vintage East Condominium Association in Miami Beach got tired of waiting for JPMorgan Chase & Co. (JPM) to foreclose on unit 9, so they sued the bank in February to take control of the property.

In June, more than four years after the More >

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