Tag Archives: mortgage

Bank buys Hampton Inn at foreclosure auction

The bank holding the mortgage on the Hampton Inn Rochester-North will probably market and sell the hotel, according to the attorney who represents U.S. Bank NA, which bought the hotel Thursday at a foreclosure auction. John K. McAndrew, a partner ...

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CFPB, FTC join to target deceptive mortgage ads

Two federal agencies have joined together to beef up investigations and enforcement actions against companies who engage in fraudulent advertising under the Mortgage Acts and Practices Advertising Rule and the Federal Trade Commission Act. Officials from the Consumer Financial Protection ...

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Freddie Mac posts $2.9B net income for Q3

WASHINGTON — Mortgage giant Freddie Mac posted net income of $2.9 billion for the July-September quarter, its second straight profitable quarter. The government-controlled company attributed the gain to rising home prices and fewer mortgage delinquencies. Freddie paid a dividend of ...

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Mortgages filed May 21, 2012

A document for which an owner uses his/her real property title as security for a loan. These documents were recorded by the Monroe County Clerk’s Office and sent to The Daily Record for publication.

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Freddie asks for just $146M in aid after better 4Q

WASHINGTON — Government-controlled mortgage giant Freddie Mac has requested just $146 million in additional aid after posting a smaller loss in the fourth quarter. That’s far less than in the third quarter, when Freddie received $6 billion from the government. ...

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Texas woman admits to Rochester fraud

Mary Ann Fulbright, 60, of Dallas, has pleaded guilty before U.S. District Judge David G. Larimer, to bank fraud. Assistant U.S. Attorney Marisa J. Miller said Fulbright fraudulently obtained a home equity conversion loan, a type of reverse mortgage ...

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Lawyers exempt from HUD mortgage originator rule

The Department of Housing and Urban Development issued new final rules setting standards for compliance with the Secure and Fair Enforcement for Mortgage Licensing Act, including a rule that exempts lawyers from the definition of “mortgage originator” when they are providing legal services to their clients.

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Landis v. Giacinto

Appellate Division, Fourth Department Mortgage Escrow Funds Landis v. Giacinto CA 10-02401 Appealed from Supreme Court, Steuben County Background: The plaintiffs commended an action against the defendant to recover the down payment held in escrow that was paid by the ...

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