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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Categories
Homes Millbrae Pages
Tag Archives: Mortgage Servicers
Housing Foreclosures Start to ‘Flare-Up’ Again
In California, foreclosures slowed dramatically last year due to a new law designed to protect homeowners, the California Homeowner Bill of Rights, and due to the $25 billion National Mortgage Settlement with mortgage servicers over so-called “robo-signing” foreclosure paperwork fraud. … Continue reading
Posted in Real Estate News
Tagged Bill Of Rights, California Foreclosures, California Real Estate, California Real Estate Market, Cnbc, Decline, Diana Olick, Facebook, Flare, Foreclosure, Foreclosureradar, Fraud, Government Intervention, Home Lenders, homes millbrae, Mortgage Servicers, Motivated Sellers, No Worries, Owned Inventory, Paperwork, Upward Pressure
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Housing Crisis: New Rules Hit Mortgage Servicers
The nation’s five largest banks service about half of all mortgages, but recently they have been selling those servicing rights to so-called “specialty servicers,” like Ocwen and Nationstar, whose stocks have been soaring. These companies specialize in delinquent mortgages. The … Continue reading
Posted in Real Estate News
Tagged Borrowers, Cfpb, Common Sense, Crediting, Delinquencies, Delinquent Mortgages, Department Of Justice, Director Richard, Enforcement Regime, Exponentially, Federal Regulator, Foreclosure, homes millbrae, Mandates, Monthly Statements, Mortgage Servicers, Nationstar, Ocwen, Poor Job, Richard Cordray, State Attorneys
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Changes Ahead for Mortgage Servicing
Page 1 of 2 | Next PageShow Entire Article Diana Olick is off today. This post was written by Stephanie Dhue, CNBC Real Estate Producer. Robo-signing, lost paperwork and wrongful evictions have put mortgage servicers under the gun. Banking Committee … Continue reading
Posted in Real Estate News
Tagged Attorneys Generals, Bank Of America, Bank Regulators, Banking Committee, Cnbc, Crisis Points, Dhue, Diana Olick, Evictions, Fannie Mae, Fannie Mae And Freddie Mac, Freddie Mac, homes millbrae, Jpm, Mid Life Crisis, Mortgage Servicers, Power Shift, Settlement Talks, Tim Johnson, Wells Fargo, Wfc
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Short Sales Surge, But No Thanks to Government Program
Page 1 of 3 | Next PageShow Entire Article Any time I see a 74 percent jump in anything, I hear alarm bells, so when the Treasury Department reported just that big a jump in its Home Affordable Foreclosure Alternatives … Continue reading
Posted in Real Estate News
Tagged Alarm Bells, Andrea, Borrowers, Carstens, Conclusions, Dil, Financial Incentives, Foreclosure, Government Program, Hackers, homes millbrae, Imf, Inflation, Miniscule Number, Mortgage Servicers, Oil Prices, Real Estate Agents, Shortlisted, Treasury Department, Treasury Spokesman, U S Senate
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