July 14, 2014 Comments Off on Appeals court rules against Maryland homebuyers in finder’s-fee cases
A federal appeals court dealt two blows to Maryland homebuyers with decisions holding that mortgage lenders cannot be held liable under a state law designed to prevent mortgage brokers from charging an undisclosed “finder’s fee” at settlement.
Tagged with: mortgage mortgage lenders
Read More »August 9, 2012 1 Comment
More U.S. homes started on the foreclosure path in July, as lenders tackled a backlog of mortgages gone unpaid even as they pulled back on home repossessions. The number of homes that received an initial notice of default — the ...
Tagged with: Banks borrowers foreclosure Foreclosures homes lenders mortgage lenders mortgages RealtyTrac short sale
Read More »February 22, 2012 Comments Off on Some money from $25B mortgage settlement to be diverted
JEFFERSON CITY, Mo. — The ink wasn’t even dry on a settlement with the nation’s top mortgage lenders when Missouri Gov. Jay Nixon laid claim to a chunk of the money to avert a huge budget cut for public colleges ...
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Read More »February 9, 2012 Comments Off on Maryland banking official helped craft foreclosure settlement
Maryland’s Office of the Commissioner of Financial Regulation was one of only two state banking agencies to be represented on the executive committee that oversaw the investigation that led to the multibillion-dollar nationwide foreclosure settlement with the country’s five largest ...
Tagged with: Banks foreclosure lawsuit maryland mortgage lenders Settlement
Read More »February 9, 2012 Comments Off on Gansler prepares to join other AGs in $25 billion foreclosure settlement
Maryland Attorney General Doug Gansler spoke to The Daily Record on Wednesday prior to an expected announcement Thursday that the state had joined more than 40 other jurisdictions in a pending nationwide settlement with the five largest mortgage lenders over alleged foreclosure abuses.
Tagged with: Foreclosures maryland Maryland Attorney General mortgage mortgage lenders Settlement video
Read More »February 6, 2012 Comments Off on California, New York considering foreclosure-abuse deal
WASHINGTON — California and New York were considering Monday whether to join most other states in backing a long-awaited settlement with banks over foreclosure abuses. The deal would require the five largest mortgage lenders to reduce loans for about 1 ...
Tagged with: ally financial Bank of America california Foreclosures households JPMorgan Chase mortgage mortgage lenders new york wells fargo
Read More »June 9, 2011 Comments Off on Government faults 3 lenders over mortgage-aid efforts
WASHINGTON — The Obama administration is blaming the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention program. It says they’ve done little to help people at risk of losing their homes. The Treasury Department said Thursday that ...
Tagged with: Bank of America Barack Obama foreclosure Government homes JPMorgan Chase & Co. lenders loans mortgage mortgage lenders Real Estate treasury department wells fargo
Read More »April 13, 2011 Comments Off on Gov’t orders 15 lenders to reimburse homeowners
WASHINGTON — The federal government ordered 17 mortgage lenders and servicers on Wednesday to reimburse homeowners who were incorrectly foreclosed upon. The Federal Reserve, Office of Thrift Supervision and Office of the Comptroller of the Currency also told the lenders ...
Tagged with: comptroller federal government federal reserve Government homeowners mortgage mortgage lenders
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