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Tag Archives: mortgage

Banks unlikely to quell doc mess

WASHINGTON, D.C. — Big lenders are trying to move past the foreclosure-document mess, saying they're now confident their paperwork is accurate. Yet they face so much organized resistance that they can't just snap up their briefcases, declare the crisis over and move on.

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Re-defaults on modified mortgage loans falling

BOSTON — Homeowners who had mortgages modified recently are faring better than those who did so earlier in the housing crisis, according to a report released Tuesday, possibly debunking predictions of a huge wave of defaults to come.

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Conference set on Fannie, Freddie

WASHINGTON, D.C. — The Obama administration, which has been under fire for not developing a concrete plan for mortgage giants Fannie Mae and Freddie Mac, says it will hold a conference in next month to discuss their future.

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New GFE questions answered

On April 5, the Department of Housing and Urban Development issued its long-awaited responses to certain questions asked frequently by those in the mortgage industry.

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Homeowner’s mortgage claims preempted

Federal law preempts a lawsuit alleging that a mortgage servicer wrongfully refused to permit early cancellation of a homeowner’s private mortgage insurance, the U.S. District Court for the Southern District of New York has ruled in granting a dismissal.

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