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Categories
Homes Millbrae Pages
Tag Archives: Principal Reduction
Banks Fight Mortgage Principal Reduction
Page 1 of 3 | Next PageShow Entire Article At the end of a day-long negotiation session over the foreclosure paperwork mess at the Department of Justice, Iowa Attorney General Tom Miller and Associate Attorney General Thomas Perrelli came out … Continue reading
Posted in Real Estate News
Tagged Associate Attorney General, Bailout, Bank Executives, Buffett, Cnbc, Department Of Justice, First Meeting, Foreclosure, homes millbrae, Iowa Attorney General, Lubrizol, Negotiation Session, Perrelli, Principal Reduction, Rationale, Sokol, Spokespeople, Sticking Point, Surprise Resignation, Tom Miller, Unanswered Questions
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Mortgage Principal Reduction in Play
Page 1 of 3 | Next PageShow Entire Article This week state attorneys general from Virginia, Texas, Florida and South Carolina sent a letter to their colleague in Iowa, Attorney General Tom Miller. He is leading the 50 state investigation … Continue reading
Posted in Real Estate News
Tagged Ags, Depreciation, Disservice, Economic Downturn, Exact Details, homes millbrae, Iowa Attorney General, Loss Mitigation, Mitigation Requirements, Moral Hazard, Mortgage Securities, Negative Equity, North Sea, Principal Reduction, Slippery Slope, State Attorneys, State Investigation, Texas Florida, Tom Miller, Top Mortgage, Unintended Consequences
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JPMorgan Fights Back on Forced Principal Forgiveness
Page 1 of 2 | Next PageShow Entire Article It’s not like we didn’t already know the banks were opposed to forgiving principal on troubled loans, even though they claim they are doing a little of that now. But today … Continue reading
Posted in Real Estate News
Tagged Brent Crude, Cnbc, Earful, Economic Reports, homes millbrae, Iowa Attorney General, Jpm, Jpmorgan Chase, Mortgage Principal, Paperwork Issues, Principal Reduction, Retail Financial Services, Richard Shelby, Senate Banking Committee, Senate Republicans, Settlement Proposal, Spy Chief, State Attorneys, State Investigation, Tom Miller, Treasurys
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Protesters Ream State AGs over Foreclosure Settlement
Page 1 of 2 | Next PageShow Entire Article There is no official settlement. There is no multi-billion dollar fund or penalty and there is no word from Federal Regulators as to how the banks will ultimately “fix” the foreclosure … Continue reading
Posted in Real Estate News
Tagged Borrowers, Chris Koster, Chump Change, Deputy Attorney General, Dollar Fund, Foreclosure Loan, Hedge Fund, homes millbrae, Iowa Attorney General, Loan Modification, Missouri Attorney General, Mortgage Woes, Oil Prices, Paperwork Issues, Principal Reduction, Protesters, Regulators, Shouts, State Ags, State Attorneys General, Tom Miller
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Will Banks Be Forced to Reduce Loan Principal?
Page 1 of 5 | Next PageShow Entire Article I’m reporting today from a Wells Fargo two-day mortgage modification event in Portland, OR. This is the 20th such event WFC has held since September of 2009, meeting face to face … Continue reading