Elected official initiates class-action suit to recover mortgage recording fees – Observer-Reporter

Observer-Reporter Elected official initiates class-action suit to recover mortgage recording feesObserver-ReporterThe note contains the terms of the borrower's promise to repay the loan and the mortgage operates as a lien on the real estate giving the lender security for repayment of the note, including the right to foreclose upon and sell the mortgaged property … […]

FHA Loan Difficulties; Monitoring Counterparties, Affiliate Fees;… – Mortgage News Daily

FHA Loan Difficulties; Monitoring Counterparties, Affiliate Fees;…Mortgage News DailyI received this note on counterparty from Willie Newman, the president of Cole Taylor Mortgage. “Rob, as … He's going to use the additional $ 1.5 million dollars he received from the sale of his previous home and PAY CASH for the new home. My company …and more » […]

BlackRock’s profit rises 32% as investor deposits boost fees – Financial Post (blog)

Financial Post (blog) BlackRock's profit rises 32% as investor deposits boost feesFinancial Post (blog)Profit included a pretax gain of $ 39 million related to the initial public offering of PennyMac, a mortgage firm BlackRock backed in 2007. Chief Executive Officer Laurence D. Fink, 60, has said BlackRock has the potential to increase its asset base […]

Structured legal fees, will 2013 tax planning lead to a boom in structured attorney fees?

Structured Attorney fees are the topic of discussion in this video presented by Mark Wahlstrom, President of Wahlstrom & Associates. Taped in late 2012 it lo… Uploads by SettlementChannel

Banks Sued for Allegedly Avoiding Property Recording Fees – LoanSafe

Banks Sued for Allegedly Avoiding Property Recording FeesLoanSafeThrough the system, the banks can avoid publicly recording mortgage transfers, even if those mortgages are transferred multiple times as banks sell the loans among each other. MERS and Merscorp. Inc., also are named as defendants in the case brought by …and more » how to sell mortgage note […]

Texas County’s Lawyers to Ask Permission to File MERS Suit Over Fees – Bloomberg

Texas County's Lawyers to Ask Permission to File MERS Suit Over FeesBloombergMERS says on its website that it aims to place every mortgage in the country on an electronic, rather than a paper, system that allows members to buy and sell mortgages. MERS acts as the lender's nominee and remains the mortgagee of record as […]

Metlife improves structured attorney fees

Mark Wahlstrom, President of Wahlstrom and Associates and the host of The Settlement Channel discusses the recent changes and improvements in the MetLife structured legal fee program. Structured attorney fees are one of the premier options for lawyers to defer income and taxes on their income, all while earning interest and getting a AA+ guarantee. […]

Allstate Financial Structured legal fees for attorneys, a major tax benefit

In this weeks edition of Speaking of Settlements, the host of the Settlement Channel and national annuity expert Mark Wahlstrom, looks at the Allstate Financial structured legal fee program and how it can benefit lawyers in deferring income and saving taxes. Structured legal fees are one of the major benefits for lawyers to spread out […]

CONSUMER FINANCE: Mortgage Fees On The Rise Again – Wall Street Journal

Fox News CONSUMER FINANCE: Mortgage Fees On The Rise AgainWall Street JournalJust a note: The fees don't have an effect on loans insured by the Federal Housing Administration, which appeal to borrowers who need a low down payment …Memo To Banks: You Are ToastThe Business InsiderFrom the People Who Brought You the Destruction of the […]