Posts tagged Business

Morgage News Daily – Today’s News

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Mortgage News Daily – Mortgage And Real Estate News

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In 2009 Bank Regulators Adopted Guidance on Prudent Commercial Real Estate Loan Workouts

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Posted on December 2, 2009 by Louis F. Strawn Bank Regulators Adopt Guidance on Prudent Commercial Real Estate Loan Workouts

On October 30, 2009, the Federal Financial Institutions Examination Council (FFIEC) issued a policy statement that was More >

False Statements

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False Statements Action Date: June 27, 2011 Location: San Diego, CA

California Bankruptcy Judge Laura Stuart Taylor has joined the ranks of judges who will not tolerate fraudulent documents produced by banks to foreclose. Judge Taylor entered an More >

Audit Finds GSEs’ Regulator Let Complaints Slip Through the Cracks

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By: Carrie Bay, DSNEWS.com

Servicers have been ordered to institute a clear resolution process for consumer complaints as part of the robo-signing settlement with federal regulators. Accountability when it comes to dealing with distressed borrowers More >

Treasury Unveils Do-It-Yourself NPV Assessment

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By: Carrie Bay

The U.S. Treasury on Monday announced the launch of a Web-based tool that allows homeowners themselves to conduct a net present value (NPV) assessment of their mortgage.

As part of a borrower’s evaluation for the Home Affordable More >

Thrivent sues lenders for ‘massive frauds’

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Article by: DAN BROWNING , Star Tribune Updated: April 30, 2011 – 4:58 PM   Countrywide and GMAC both say that Thrivent should have understood the risks of the mortgage-backed securities it bought.

Thrivent Financial for Lutherans has sued More >

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