Archive for News
Fannie and Freddie Future Plans; NMLS Licensee Stats on the Rise – Mortgage News Daily
Los Angeles Times Fannie and Freddie Future Plans; NMLS Licensee Stats on the RiseMortgage News DailyAnd second, if you own a lot of places, why sell them one at a time when you could sell hundreds at a time? Freddie Mac has begun talks with institutional mortgage-bond investors interested in buying hundreds of distressed single-family [...]
CIT, Wells Fargo Could Be Logical Buyers Of Ally Assets – KBW – Wall Street Journal
TheStreet.com CIT, Wells Fargo Could Be Logical Buyers Of Ally Assets – KBWWall Street JournalThe Detroit-based lender has been exploring options for its Residential Capital mortgage subsidiary, including putting the unit into bankruptcy, selling it or both. But as mortgage woes continue to dog the company, sales of its other businesses could …Wells Fargo, CIT [...]
Massachusetts Home Seizures Threatened in Loan Case: Mortgages – BusinessWeek
Massachusetts Home Seizures Threatened in Loan Case: MortgagesBusinessWeekFederal National Mortgage Association, also known as Fannie Mae, are two documents borrowers sign to get a home loan. The first is the mortgage establishing the right to seize a property. The second is the promissory note that creates an obligation to …and more » how to sell mortgage [...]
Pelosi Calls on Holder to Follow Up on Phil Ting Mortgage Document Fraud Study – Firedoglake
Pelosi Calls on Holder to Follow Up on Phil Ting Mortgage Document Fraud StudyFiredoglakeMany of the irregularities stem from the fact that lenders routinely sell the loans they write to other firms and investors, the report showed. They just don't always fill out the proper paperwork in assigning these loans to the new note holders.and [...]
TREASURIES-Prices drop on Greek hopes, before supply – Reuters
TREASURIES-Prices drop on Greek hopes, before supplyReutersThe US Treasury is scheduled to sell $ 35 billion in two-year notes on Tuesday, $ 35 billion in five-year notes on Wednesday and $ 29 billion in seven-year notes on Thursday. The US bond market will be shut on Monday for the Presidents Day holiday.and more » how to [...]
Toronto building bubble may strain mortgages – Chicago Daily Herald
Toronto building bubble may strain mortgagesChicago Daily HeraldCanadian lenders including Toronto-Dominion Bank last week raised mortgage rates to cool off the housing market. “Condo construction has always been rather prone to boom and bust cycles, and this one seems particularly strong,” said Sheryl King, …and more » how to sell mortgage note – Google News
Californians face particularly challenging tax issues – Los Angeles Times
Los Angeles Times Californians face particularly challenging tax issuesLos Angeles TimesSelling a home can create tax complications, which differ depending on whether the house was sold at a profit or a loss and the size of that gain or loss. (Genaro Molina, Los Angeles Times / November 1, 2011) By Kathy M. Kristof Personal Finance [...]
Courthouse notebook | Mortgage fraud cases may be tougher to prosecute – MyrtleBeachOnline.com
Courthouse notebook | Mortgage fraud cases may be tougher to prosecuteMyrtleBeachOnline.comBank of America, which acquired Countrywide in 2008, is listed by prosecutors as a victim in this mortgage deal. However, Bank of America cannot find the original mortgage note that makes up the biggest part of the case, according to last week's court … how [...]
California foreclosure study is less damning than it appears – Los Angeles Times
Los Angeles Times California foreclosure study is less damning than it appearsLos Angeles TimesMany of the irregularities stem from the fact that lenders routinely sell the loans they write to other firms and investors, the report showed. They just don't always fill out the proper paperwork in assigning these loans to the new note holders.and [...]
Sampling of columns of note from the past week – Sacramento Bee
Sampling of columns of note from the past weekSacramento BeeRoughly a half-century later, Packers president and non-owner Bob Harlan went door-to-door to sell a $ 295 million renovation that would mostly be financed with a sales-tax bump in Brown County. At the time, it was generally conceded that if a stadium …and more » how to [...]
Get A Quote Now
