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News About Bankrupt

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Found 341 items, now showing 11 - 20

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Mortgage Servicing Rules Amended - Foreclosure protections expanded, successors...
Another change requires servicers to provide bankrupt borrowers with periodic statements tailored ... early intervention notice is provided to bankrupt borrowers to let them know about
Several Correspondent Lenders Settle With ResCap - Breach of contract actions...
Nearly a dozen correspondent mortgage lenders have agreed to a settlement with a unit of bankrupt Residential Capital LLC . ResCap had been a subsidiary of Ally Financial Inc.
California Sues Morgan Stanley Over MBS - Morgan Stanley accused of misleading...
Century, which went bankrupt in 2007. Harris is seeking $700 million in penalties against Morgan Stanley, plus damages of more than $600 million, spokeswoman Rachele Huennekens
Nearly $4 Billion in Agency MSR Offerings - GSE, Ginnie MSRS on the market...
None of the loans are bankrupt or in foreclosure. Nearly a quarter of the loans are secured by California properties, and another 10 percent are secured by Florida properties. The
FHA Business Improves, Delinquency Declines - June endorsements up 25% from...
Delinquency of at least 30 days, including loans in foreclosure and bankrupt borrowers, was 12.00 percent as of mid-2015. The rate retreated 31 basis points from the end of May
Wingspan Bankrupt - Chapter 7 bankruptcy filed | July 15, 2015 | Mortgage Daily
Stories about legal settlements, judgments and mortgage class actions. Wingspan Bankrupt Chapter 7 bankruptcy filed July 15, 2015 By Mortgage Daily staff After a spectacular rise
Servicers Fare Well in Settlement Compliance Report - Report card issued for...
While bankrupt Residential Capital LLC and its affiliates were part of the original settlement, almost all of its servicing assets were sold off to either Ocwen and Walter
BofA Settles Taylor Bean Lawsuits - Cases filed by Deutsche, BNP | April 3, 2015 ...
Bean, which went bankrupt in 2009, was once the country's largest mortgage lender not owned by a bank, and prosecutors have called the Ocala fraud one of the biggest bank frauds
Changes to Servicing Rules Proposed - CFPB seeks comment | Nov. 21, 2014...
Early intervention notices are also being proposed for bankrupt borrowers and borrowers who ... temporary payment. With some exceptions, bankrupt borrowers would need to receive
SunTrust Agrees to Major Settlement - Servicing, foreclosure and FHA lending...
in the way it handles bankrupt accounts. The agreement will be filed as a consent judgment in U.S. District Court for the District of Columbia. "The agreement does not prevent
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