The way that a bank reports a short sale to the credit bureaus has a big influence on the seller's credit scores. The way that a bank reports a short sale to the credit bureaus has a big influence on the seller's credit scores.
After adjusting for MSR fair-value changes, impairments and non-recurring costs, Walter still records a huge bottom-line loss due to lower revenue and higher costs. As readers will recall, I pitched Walter in January as a buying opportunity with a binary outcome – either the stock becomes a multi-bagger or stagnates and heads towards bankruptcy. Foreclosure…
On October 4, the Consumer Financial Protection Bureau announced changes to its mortgage servicing rules. The Bureau issued an interim final rule to provide mortgage servicers more flexibility and certainty around requirements to communicate with borrowers under the CFPB's 2016 mortgage servicing amendments. Foreclosure News
For months leading up to the REALTORS Legislative Meetings & Trade Expo in mid-May, talk about fair housing ramped up in association and business circles in recognition of the 50th anniversary of the federal law's passage. Commemorations of all sorts have served as important reminders about real estate professionals' obligation to uphold equal housing opportunities…
COLETTE MARQUIS, Plaintiff-Appellant, v. DEUTSCHE BANK NATIONAL TRUST COMPANY, As Trustee For Long Beach Mortgage Loan Trust 2006-WL3, SELECT PORTFOLIO SERVICING, CHASE BANK, Defendants-Appellees. Foreclosure News
JPMorgan Chase Bank vs. Shawn and Victoria Hoon, et al., foreclosure sought for property on East North Avenue, East Palestine. Pingora Loan Servicing LLC vs. Jason Allan Jones, et al., property on Roselyn Avenue, Wellsville, sold to the plaintiff for $ 91,200. Foreclosure News
How much would you pay to keep your job, or find a new one? Political analysts forecast that two wealthy contenders for the 2018 Illinois governor spot will spend more than $ 300 million trying to be elected. Fiscal intelligence? What's the environment like out there? Jeff Babcock , who heads up STRATMOR's M&A effort,…
