H&R Block Inc. has chosen a former executive in General Electric?s subprime mortgage operation to be the tax preparer?s chief financial officer.
Published News » Subprime Mortgage
H&R Block hires one-time subprime mortgage executive as its chief financial officer
Posted by mortgage 5 hours ago (Editorial)Judge dismisses parts of IndyMac fraud case
Posted by mortgage 5 hours ago (Editorial)
The ruling narrows the case against former IndyMac Bancorp Chief Executive Michael W. Perry, who is battling fraud allegations connected to the thrift's failure in 2008. In a setback for federal regulators, a federal judge threw out many of the fraud allegations against former IndyMac Bancorp Chief Executive Michael W. Perry in a case stemming from the collapse of the onetime Pasadena mortgag
React & Act: What is second-mortgage debt?
Posted by mortgage 5 hours ago (Editorial)
To understand Rick Jurgens? article on the second-mortgage debt and one Texas firm?s aggressive collection methods, you must first look at the origins of the mortgage crisis. Here, we provide an explainer, a glossary of terms, a guide to available resources and a recommended reading list. Explainer: The mortgage crisis Five years after the housing bubble burst in 2007, the mortgage crisis ...
Texas firm accuses Calif. homeowners of fraud
Posted by mortgage 5 hours ago (Editorial)
Michael Short/California Watch Oscar Trejo, pictured here at his current home in San Jose, said he had never heard of Heritage Pacific before it asked a judge not to discharge its $88,000 claim against him.
Firm Targets Calif. Homeowners With Foreclosed 2nd Mortgages
Posted by mortgage 5 hours ago (Editorial)
Adding new uncertainty in the state's ongoing mortgage crisis, a Texas company is aggressively pursuing hundreds of Californians to collect second-mortgage debt -- on homes they've already lost through foreclosure.
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