Ally Financial Inc.'s mortgage division known as ResCap is seeking Chapter 11 bankruptcy protection.The government-owned lender had been weighing a bankruptcy filing for Residential Capital LLC for some ...
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Residential Mortgage seeking Chapter 11 protection
Posted by mortgage 9 days ago (Editorial)Detroit's Quicken Loans Seeking To Fill 1,400 Jobs
Posted by mortgage 82 days ago (Editorial)
Online retail mortgage lender Quicken Loans is seeking 1,400 people for various jobs in the Detroit-based company.
Realities of Real Estate: Seeking the ?new normal? in residential real estate
Posted by mortgage 221 days ago (Editorial)
&via=&related=wpglamour" We?ve been writing a real estate column for over three years now. Our first piece hit the papers on Sept. 18, 2008. Just three days earlier, the subprime mortgage crisis forced Lehman Brothers to file for Chapter 11. A few days later, on Sept. 29, 2008, the Dow Jones Industrial Average experienced its largest [...] &via=&related=wpglamour"
Bank of America Said to Be Seeking Separate Home Mortgage Foreclosure Deal
Posted by mortgage 294 days ago (Editorial)
Bank of America Corp. (BAC) has held settlement negotiations with some states over home foreclosures separately from talks with a larger group of state and federal officials, two people familiar with the matter said.
H&R Block?s Option One Targeted by Investor Group Seeking Bond Repurchases
Posted by mortgage 369 days ago (Editorial)
A group of mortgage-bond holders is organizing to force repurchases of soured loans by H&R Block Inc. (HRB) ?s Option One Mortgage Corp. unit, according to a Dallas lawyer who is helping coordinate the effort.
St. Louis Customers Seeking Home Payment Relief Offered Local Face-to-Face Help
Posted by mortgage 387 days ago (Editorial)
ST. LOUIS--(BUSINESSWIRE)-- Wells Fargo customers invited to discuss home preservation options on May 11-12 Wells Fargo & Company is hosting a workshop for Wells Fargo Home Mortgage, Wells ...
MortgageOutreach.Org Launches to Educate Borrowers Seeking Help in Saving Their Homes (PR Newswire via Yahoo! Finance)
Posted by mortgage 1015 days ago (Editorial)
Today Sorrento Capital, a private asset management firm, launched MortgageOutreach.org, an easy-to-understand, resource-based Web site designed to educate homeowners on their options and next steps when faced with challenges making their mortgage payments, or when they're in imminent danger of mortgage delinquency, default or foreclosure.
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