HARRISBURG, Pa. , June 29 /PRNewswire-USNewswire/ — Governor Edward G. Rendell today signed a pair of bills to combat mortgage fraud by strengthening communication between homeowners and their lenders and encouraging employees at mortgage companies …
Federal regulators are considering bringing civil fraud charges against State Street Corp. over investments in risky mortgage-related securities by some of its conservative bond funds. The Boston-based investment giant said in a regulatory filing …
“These bills will provide increased protection for Pennsylvania consumers shopping for a mortgage or refinancing their homes,” said Governor Rendell. “They represent a critical step forward in our strategy to combat mortgage lending fraud and abuse …
MINNEAPOLIS–(BUSINESS WIRE)– To help U.S. mortgage investors and servicers halt a skyrocketing number of foreclosures, Wolters Kluwer Financial Services has launched the company’s Loss Mitigation Resource Center . The comprehensive online portal …
TAMPA – Tampa-based HomeBancorp, Inc. has named Adam Mervine as Mortgage Loan Officer for HomeBanc. He is based in the bank’s Brandon office, located at 659 West Lumsden Road. Mr. Mervine brings to HomeBanc more than 14 years of mortgage banking …
NEW YORK–( BUSINESS WIRE )–Credit Suisse First Boston Mortgage Securities CSMC 2009-5R is rated by Fitch Ratings as follows: Group 1 certificates: –$364,148,000 exchangeable class 1-A-1 ‘AAA’; Outlook Stable; –$299,886,000 class 1-A-3 ‘AAA …
A growing number of American homeowners are falling into financial limbo: They’re badly behind on payments, but their banks have not yet foreclosed. The backlog of seriously delinquent mortgages, which so far affects about 1 million borrowers, is a …
Earlier this month, we reported that President Obama’s “Making Home Affordable” program, a government subsidized mortgage modification plan, was mired in red tape, delays and questionable benefits for homeowners . But that’s not the only area of …
WASHINGTON The housing bubble, lax regulatory oversight and an influx of shady loan professionals have made lawmakers uneasy about the safety and soundness of the popular government-backed reverse-mortgage program. At a field hearing Monday in St …
–$25,411,000 exchangeable class 2-A-1 ‘AAA’; Outlook Stable; –$16,940,000 class 2-A-3 ‘AAA’; Outlook Stable; –$4,235,000 class 2-A-4 ‘AAA’; Outlook Stable; –$4,236,000 class 2-A-5 ‘AAA’; Outlook Stable; –$21,175,000 exchangeable class 2-A-8 ‘AAA …
