Trump’s SEC Nominee Has a Major Conflict of Interest Problem
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CoreLogic Says Delinquency, Transition Rates Continue to Improve
ByadminNational delinquency rates continue at 10-year lows , and both early delinquency and transition rates are stable as well. But CoreLogic, in its July Loan Performance Report, points to what it calls some disturbing trends in localized areas. Foreclosure News
Senate Dem demands Wells Fargo explain error that led to 400 foreclosures
ByadminA Democratic member of the Senate Banking Committee is calling on Wells Fargo to explain a mistake that led to hundreds of customers being denied mortgage adjustments, leading many to lose their homes to foreclosure. On Friday, Wells Fargo disclosed a software mistake that miscalculated eligibility for loan modifications, causing roughly 625 homeowners to be…
J. and T. Doyscher a ” Notice of Mortgage Foreclosure Sale
ByadminMORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware corporation as nominee for Ace Mortgage Funding, LLC, a Indiana limited liability company DATE AND PLACE OF FILING: Recorded on March 19, 2008 as Document Number 2008R-393539 in the Office of the County Recorder of Martin County, Minnesota. ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Bank, N.A….
CFPB Announces Consent Order for Mortgage Servicing Violations
ByadminThe CFPB recently announced that it has entered into a consent order with Fay Servicing, LLC to settle alleged mortgage servicing violations. A copy of the consent order can be found here . Foreclosure News
Owner vows to fight effort to auction off Camden, Portland inns
ByadminA co-owner of high-end inns and restaurants in Camden and Portland said his companies will be forced into bankruptcy to avoid pending foreclosure auctions. Foreclosure auctions are scheduled for March 29 for both the Camden Harbour Inn and Natalie's restaurant on Bay View Street in Camden and the Danforth Inn and Tempo Dulu restaurant on…
Connecticut ranks high among states in foreclosure activity
ByadminThe worst of the residential foreclosure crisis may be in Connecticut's rearview mirror, but a recent report still ranks the state high among all states for homeowners with troubled mortgages. In 2017, one in 128 properties was in a stage of foreclosure in Connecticut, placing it fifth highest behind New Jersey, Delaware, Maryland and Illinois,…