NEW YORK (Source: Associated Press/AP Online By Bernard Condon) – Everyone’s mad at Irving Picard. To be fair, his job is thankless: He’s the court-appointed bloodhound in charge of hunting down money for the victims of Bernard Madoff, a man [...]
(Source: Star Tribune, Minneapolis By Dan Browning) – Three real estate professionals were charged Thursday in an alleged kickback conspiracy involving a condominium project by the bankrupt St. Paul developer Jerry Trooien.
(Source: The Sun News By David Wren) – The trustee in Myrtle Beach lawyer Harry Pavilack’s bankruptcy case has resigned because of potential conflicts of interest, but the move is not expected to delay court hearings that will determine how [...]
INDIANAPOLIS -(Source: The Times By Dan Carden) – Legislation establishing a process intended to keep local governments out of bankruptcy was changed Wednesday by the Indiana House to not allow local governments to file for bankruptcy.
(Source: Detroit Free Press By Tresa Baldas) – It looks like more legal headaches involving overtime for Quicken Loans. A federal judge today denied Quicken Loans’ request to dismiss an overtime lawsuit filed by a former secretary who claims the [...]
(Source: Star Tribune, Minneapolis By Dee DePass) – As Denny Hecker and his bride cool their heels in prison, the bankruptcy trustee in charge of corralling far-flung baubles, gems and other assets, remains on the hunt for cash to pay [...]
(Source: KPHO) – PHOENIX — A Mesa police officer and his wife have been arrested for lying to their mortgage lender after a federal investigation. Blanca and Mark Escarcega purchased a home four years ago in Santa Rita Ranch in [...]
(Source: OC Register) – Smith noticed the caller ID read “US Gov.” The male voice identified himself as an FBI agent and said he was working on an investigation into Hanover’s dealings. But the agent quickly became angry, scaring Smith. [...]
(Source: American Banker By Kate Berry) – One likely result of the consent orders federal regulators recently issued against the largest servicers is that thousands of borrowers will get another shot at a loan modification… Source: American Banker By Kate [...]
LYNN (Source: By Thor Jourgensen / The Daily Item) – Claiming attorney David Zak did little to keep them away from foreclosure and charged them $4,500 for his services, Emilio Jimenez and his wife Dominica Mendez joined other foreclosure protesters [...]
(Source: New York Times By FLOYD NORRIS) – In 2002, when Lee B. Farkas was running a relatively small mortgage company, it got caught selling eight fraudulent mortgages to Fannie Mae. To make things even worse, the mortgages — all [...]
(Source: AZdaily sun) – It might not have been illegal, but it certainly seemed unfair.
(Source: Denver PostCentennial By Howard Pankratz ) – mortgage broker Leo Shifrin and his companies have been ordered to pay more than $900,000 in civil penalties, consumer restitution and disgorgement for engaging in deceptive advertising and fraudulent loan-origination practices, Colorado [...]
(Source: Bloomberg By Jef Feeley) – JPMorgan Chase & Co. (JPM), one of the lenders criticized over improper foreclosures on military families’ homes, agreed to pay $56 million to settle claims it overcharged service members on their mortgages.
(Source: new York Times By MARYANN HAGGERTY) – IF you want to see how quickly you can ruin a great credit score, just skip a mortgage payment.
Source: Mint, New Delhi Publication date: 2011-04-21 –April 21–In a first for the Indian market, the Reserve Bank of India (RBI) in March allowed bond market traders to deal in cash-settled interest rate futures (IRFs).
Source: Irish Times Publication date: 2011-04-22 Arrival time: 2011-04-21 –Citigroup says it had done nothing wrong after Greece launched an investigation into market rumours about an imminent restructuring of the country’s sovereign debt.
(Source: The Eagle By Shauna Lewis) – Diane Carr contacted two lenders before she found a third that could help her buy a home.
MCLEAN, Va., April 21, 2011 (Source: PRNewswire) – Real estate brokers across the Las Vegas metro area will be holding open houses for HomeSteps(R) homes on Saturday, April 30 between 12-4 pm. HomeSteps is the real estate sales unit of [...]
(Source: The Philadelphia Inquirer By Mark Fazlollah and Jennifer Lin) – The fired Philadelphia Housing Authority executive director, Carl R. Greene, has warned in a legal filing that giving federal investigators information about his conversations with lawyers defending PHA in [...]
(Source: United Press International) – Long-term mortgage rates dropped in the week after four consecutive weeks of gains, the U.S. Federal Home Loan Mortgage Corp. said Thursday.
MANATEE -(Source: The Bradenton Herald By Duane Marsteller) – Investors and cash buyers boosted local home sales last month to levels not seen in nearly six years, according to figures released Wednesday.
(Source: The Florida Times-Union By Kevin Turner) – The national mortgage delinquency rate dropped in March, but the national inventory of foreclosed properties rose, according to data from Jacksonville-based Lender Processing Services Inc.
CAMPBELL, Calif. and SEATTLE (Source: PRNewswire) – ListHub operator Move, Inc., (NASDAQ: MOVE) and Zillow, Inc., today announced a long term content syndication agreement for the ListHub publishing network. ListHub is the largest online syndicator of real estate listings to [...]
(Source: Detroit Free Press By Tresa Baldas) – It looks like more legal headaches involving overtime for Quicken Loans.
INDIANAPOLIS -(Source: The Times By Dan Carden) – Legislation establishing a process intended to keep local governments out of bankruptcy was changed Wednesday by the Indiana House to not allow local governments to file for bankruptcy.
(Source: ABC 7 News Marc Stewart) – An Arvada man’s foreclosed home was auctioned off, while he was on the phone with the bank.
WILMINGTON, Del., April 20 (Source: Reuters) – The board of Citigroup Inc (C.N) was sued by an individual shareholder for the damage done to the bank by years of shoddy mortgage and foreclosure practices, which recently led to a costly [...]
(Source: Fox 13 Aaron Vaughn) – Some Utahns rallied at the state capitol this Wednesday evening, urging lawmakers to take action against national banks using aggressive techniques in home foreclosures.
(Source: Wall Street Journal BY PETER J. WALLISON) – As Congress prepares to debate how to replace Fannie Mae and Freddie Mac, those in politics and real estate who support a government-backed housing finance system are predicting calamity. Institutional investors, [...]
Mortgage Calculators, Auto Loan Calculators, Personal Finance Calculators, Student Loan Calculators, Loan Modification, Loan Articles, Loan News