When Jennifer Anderson’s family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners. View full post on msnbc.com: Real estate Share and Enjoy:
Posts Tagged ‘foreclosure’
Regulator balks at California foreclosure fixes
May 15th, 2012 
admin WASHINGTON (Reuters) – The housing regulator for mortgage-giants Fannie Mae and Freddie Mac on Tuesday said laws under consideration in California to halt illegal foreclosures could restrict mortgage credit and hamper necessary home seizures. In a letter to California legislators, the Federal Housing Finance Agency disclosed concerns with a measure to increase civil penalties for [...]
Mortgage Rescission Case Could Fuel Further Foreclosure Delays
May 14th, 2012 admin The Fourth Circuit Court of Appeals sided with the Consumer Financial Protection Bureau’s reasoning in an amicus brief and broke ranks with other courts in ruling on a borrower’s right to rescind and void a mortgage contract. View full post on National Mortgage News Share and Enjoy:
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Tags: Case, could, delays, foreclosure, fuel, Further, Mortgage, Rescission 
No Comments »Mortgage Rescission Case Could Fuel Further Foreclosure Delays
May 14th, 2012 admin The Fourth Circuit Court of Appeals sided with the Consumer Financial Protection Bureau’s reasoning in an amicus brief and broke ranks with other courts in ruling on a borrower’s right to rescind and void a mortgage contract. View full post on National Mortgage News Share and Enjoy:
Posted in Uncategorized Tags: Case, could, delays, foreclosure, fuel, Further, Mortgage, Rescission No Comments »OCC Dismisses Allonhill as Foreclosure Review Consultant
May 11th, 2012 admin The OCC said it has directed Allonhill to cease reviewing loan files related to the independent foreclosure review, which was required under the April 2011 consent orders with the 14 largest mortgage servicers. View full post on National Mortgage News Share and Enjoy:
