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News About Bankrupt

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Found 333 items, now showing 21 - 30

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FHA Cuts Waiting Time for Bankrupt, Foreclosed Borrowers - Shorter times apply...
Originations, servicing and FHA approval. FHA Cuts Waiting Time for Bankrupt, Foreclosed Borrowers Shorter times apply with extenuating circumstances Aug. 19, 2013 By MARY ELLEN
U.S. Bankruptcies Plunge - Non-commercial filings down 13% between May and June | ...
May, when 92,413 consumers went bankrupt. The improvement was even more significant compared to June 2012, when a revised 94,485 consumers sought bankruptcy protection. During the
Appraisers Go After Chase for Fees from Failed AMC - ES Appraisal bankrupt | May...
Failed AMC ES Appraisal bankrupt May 24, 2013 By ISAAC PECK Working RE Magazine mobile version of this story In January, Evaluation Solutions/ES Appraisal Services declared
Ally Discloses ResCap Settlement Amount - Over $2 billion to be paid | May 23...
Financial Inc. has unveiled the terms of its proposed settlement with creditors of its bankrupt former subsidiary, Residential Capital LLC . The New York-based company announced
New Kids on the Block - Recent mortgage executive activity | May 16, 2013...
Marano resigned, effective May 3. Currently bankrupt, Residential was the mortgage arm of Ally Financial Inc. A May 6 press release stated Marano agreed to serve as ResCap's
Bankruptcy Judge Approves ResCap Exec Bonuses - Incentive plan was opposed by...
The bankrupt company sought authorization to pay $7.8 million in bonuses to the employees. However, nearly half of the bonuses will be paid to just the eight insider employees,
Massive MSR Sales Prompt Servicer Warnings - Bulletin warns mortgage servicers...
Mae loans from bankrupt Residential Capital LLC and BofA. Concerned about the massive volume of MSRs changing hands, the Consumer Financial Protection Bureau issued a bulletin
MSR Purchases Boost Nationstar's Standing - Servicing acquired on agency loans...
planned acquisition of MSRs from bankrupt Residential Capital LLC. Helping to finance the Nationstar deal was a co-investment in excess mortgage servicing rights on $58 billion in
Walter Now a Player - Completes acquisition of agency MSRs, production platform | ...
Servicing rights on around $44 billion in loans were purchased from bankrupt Residential Capital LLC, while another $88 billion in servicing was acquired from Bank of America.
Ocwen Outlines Origination Expectations - Homeward Residential acquisition...
The portfolio is expected to take another leap with its expected purchase of assets from bankrupt Residential Capital LLC at the end of this month. The Homeward deal also left the
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