Who owns this condo? Man pays mortgage, woman is owner of record, experts smell fraud
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Who owns this condo? Man pays mortgage, woman is owner of record, experts smell fraud
Posted by mortgage 297 days ago (Editorial)
JPMorgan pays $153.6 million to settle fraud accusations about mortgage-backed securities
Posted by mortgage 336 days ago (Editorial)
JPMorgan Chase & Co. is paying $153.6 million to settle accusations that it misled investors about mortgage-backed securities it sold just as the financial crisis was beginning. The Securities and Exchange Commission said in a complaint filed in Manhattan federal...
Goldman Sachs Loses Litton but Pays a Price
Posted by mortgage 351 days ago (Editorial)
NEW YORK (TheStreet) -- Goldman Sachs has finally reached an agreement to sell its long-suffering mortgage unit, Litton Loan Servicing in a deal that benefits the bank but does not completely sever its ties to the subprime industry. Goldman announced Monday that it sold Litton to Ocwen Financial for approximately $264 million in cash. Ocwen, which specializes in servicing subprime mortgage loans
Mortgage lender pays $250G to settle discrimination claims
Posted by mortgage 371 days ago (Editorial)
The state's largest locally owned mortgage company has agreed to pay $250,000 to settle claims that it charged...
Job-loss insurance pays your mortgage after layoff
Posted by mortgage 380 days ago (Editorial)
A job loss often happens without warning, leaving you scrambling to find money to pay bills such as your mortgage. Some lenders and home builders now offer job-loss insurance that pays all or part of your monthly mortgage payment for a limited time.
Woman pays off mortgage on Habitat home
Posted by mortgage 386 days ago (Editorial)
ALTON - Tina McCullom-LaRussa long dreamed of being mortgage-free, and with the help of Habitat for Humanity and her own fortune, she is. "Before I met Habitat, nothing was going right in my life. Habitat changed my life. It changed my kids' lives," she says.
Ocala mortgage lender pays $9M to settle inquiry (The Ocala Star-Banner)
Posted by mortgage 1064 days ago (Editorial)
By Fred Hiers Staff writer Ocala-based Taylor, Bean & Whitaker Mortgage Corp. was forced this week by officials in more than a dozen states to pay a $9 million settlement, modify some of its home loans and pay for an independent firm to scour its mortgage records.
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