Freddie Mac and Florida foreclosure law firm part ways A JPMorgan Chase & Co. executive also said she signed thousands of foreclosure documents on the bank’s behalf without personally checking loan records, according to a deposition she made in a court.
Alexandria City Council voted to oppose an amendment to the state’s eminent domain law last week following a discussion of its list of 2012 legislative package proposals with Dels.
The proposal would involve the city using its powers of “eminent domain”. This power is usually employed to take property away from an owner-while paying the fair present market value for the property-in order to use the property for some public good or use, such as the widening of a highway or the establishment of a park.
The LOS and Fintech are at a Crossroads: Are They Parting Ways or Converging? fha preps tax Credit for Down Payment Use FHA Preps Tax Credit for Down Payment Use – HousingWire – Home buyers qualifying for Federal Housing Administration-insured mortgages may soon use the new first-time home buyer ,000 tax credit as a down payment, US Department of Housing and Urban.Mortgage rates plummet to new lows The 10-Year yield is loosely tied to mortgage rates because investors who like the 10-Year also like Mortgage Back Securities. High demand also drives mortgage rates down, which is exactly what happened. As a result, mortgage rates hit all time lows again this week, which naturally fueled strong demand for mortgages.Data Quotes – BrainyQuote – Economics is not an exact science. It’s a combination of an art and elements of science. And that’s almost the first and last lesson to be learned about economics: that in my judgment, we are not converging toward exactitude, but we’re improving our data bases and our ways.
City council to vote on Richmond eminent domain proposal university city The University City City Council on Monday gave an initial review to a bill that would advance a $190 million project in the Olive Boulevard commercial corridor using $70.5 million.. Borrowers usually get only one reverse mortgage in their lifetime, so the loan is not familiar to the average consumer.
Fed minutes: “Housing sector generally remained slow” The pace of activity in the housing sector generally remained slow. Both starts and permits of new single-family homes increased only a little, on balance, in October and November. Starts of multifamily units declined, on net, over the past two months.
Richmond, CA is first municipality to use eminent domain on underwater mortgages. Richmond, California’s leaders approved a controversial plan earlier this month to become the first municipality in the nation to use eminent domain to rid itself of underwater mortgages.The plan was approved by the Richmond city council 4-3 following a long and contentious public meeting that began on a.
Very early Wednesday morning, the city council in Richmond, California, narrowly voted to move forward with a plan to aid underwater homeowners. It’s a plan so controversial that everyone from.
· Now a new plan would only compound the folly, at least in the Bay Area city of Richmond, where officials seeking to boost the local housing market propose to take mortgages from private lenders through eminent domain. Richmond’s scheme, affirmed by a city council vote this week, is the brainchild of Mortgage Resolution Partners, a group of private investors with close ties to the state Democratic.
The argument added another twist as the battle, watched closely by foreclosure-racked cities across the nation, headed for an intense debate Tuesday night at the Richmond City Council meeting..
Former MBA Chairman David Kittle joins ComplianceEase Among current Ambassadors is David Kittle, CMB, senior vice president of industry strategy with Interthinx, based in Louisville, Ky. He is a former MBA chairman (2009) and also served as chairman of the MBA of Louisville (1987) and the MBA of Kentucky (1994-1996).Executive Conversation: Dan Sogorka on TRID solutions Digital Mortgage Platform Features | Cloudvirga – Dan joined Cloudvirga from a company named Fidelity National Financial, where he served as President of EXOS Technologies. Prior to Fidelity National Financial, Dan served as President of the RealEC technologies business unit and was an integral executive member of the Black Knight Financial Services team that took BKI public in May 2015.
A city of 105,000 persons near San Francisco, Calif., has become the first municipality in the nation to approve seizing "underwater" mortgages. The Richmond City Council approved the measure in September on a 4-3 vote. Under eminent domain, a government may seize property for a public purpose.
Ocwen unveils new principal reduction program Blows keep raining down on Ocwen and its affiliates Now in his second year in the organization, Briggs, 23, joined the A’s half-season single-A affiliate, the Vermont Lake Monsters. The grounds crew squeegees water off the tarp as the rain slows.2.5 million homes in foreclosure, shadow inventory rising: John Burns About 2 million properties were in foreclosure in 2008, and he expects this number to climb to 2.5 million this year. The foreclosure floodgates are expected to swing wider in the second half of.This is a list of loan servicers that have agreed to participate in the Florida HHF Principal Reduction (HHF-PR) Program. Please be advised that although your loan servicer may be on this list, acceptance of HHF-PR program funds is at the discretion of the servicer. All.