MBA’s Danis Testifies on VA Loan Guarantee Program
WASHINGTON, D.C. - May 20, 2010 - (RealEstateRama) -- James H. Danis II, CMB testified today on behalf of the Mortgage Bankers Association (MBA) before the House Veterans Affairs Subcommittee Economic Opportunity at a hearing on “The Status of the Loan Guarantee Program.”Full article: MBA’s Danis Testifies on VA Loan Guarantee Program ...
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- MCDANIEL JOINS SETTLEMENT OVER MORTGAGE FORECLOSURE ABUSES
LITTLE ROCK, AR - February 10, 2012 - (RealEstateRama) -- Attorney General Dustin McDaniel announced today that Arkansas has joined other states and the federal government in a landmark multibillion dollar settlement with five of the nation's largest banks over allegations of fraud and abuse within the mortgage servicing industry.
- MBA Statement on Mortgage Settlement
WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA), issued the following statement upon news of an agreement between state and federal officials and five large residential mortgage servicers.
- ABA STATEMENT ON MORTGAGE SETTLEMENT
WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- “Today’s agreement marks an important milestone in resolving mortgage concerns, allowing these five institutions – essential providers of mortgage services across the country – to look to the future with clarity and commitment to customers.”
- $1 BILLION TO BE PAID BY THE BANK OF AMERICA TO THE UNITED STATES LARGEST FALSE CLAIMS ACT SETTLEMENT RELATING TO MORTGAGE FRAUD
WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- As part of the global resolution between the United States of America and the five largest mortgage servicing banks in the country, which will bring much needed relief to financially distressed homeowners nationwide, Loretta E. Lynch, United States Attorney for the Eastern District of New York, today announced that the government will also resolve its claims against the Bank of America, Countrywide Financial Corporation and certain Countrywide subsidiaries and affiliates (Countrywide) for underwriting and origination mortgage fraud.
- FEDERAL GOVERNMENT AND STATE ATTORNEYS GENERAL REACH $25 BILLION AGREEMENT WITH FIVE LARGEST MORTGAGE SERVICERS TO ADDRESS MORTGAGE LOAN SERVICING AND FORECLOSURE ABUSES
WASHINGTON, DC - February 10, 2012 - (RealEstateRama) -- U.S. Attorney General Eric Holder, Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Miller and Colorado Attorney General John W. Suthers announced today that the federal government and 49 state attorneys general have reached a landmark $25 billion agreement with the nation's five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses. The agreement provides substantial financial relief to homeowners and establishes significant new homeowner protections for the future.
- GoFightForeclosure.com Says $25 Billion Mortgage Deal Legalizes Wrongful Foreclosures
Atlanta, GA - February 10, 2012 - (RealEstateRama) -- GoFightForeclosure.com the leader in training homeowners how-to challenge foreclosures and win. Today announced that the $25 Billion mortgage deal will only legalize wrong foreclosures. Citing that on the brink of the settlement just this week big banks continued to move forward with Robo signed foreclosures
- Schuette Joins 40 AGs In Foreclosure Settlement To Help Housing Crisis; Banks To Pay About A Half-Billion Dollars To Assist Michigan Citizens
LANSING, MI - February 9, 2012 - (RealEstateRama) -- Michigan Attorney General Bill Schuette today announced Michigan will join at least 40 other states in a multi-billion dollar nationwide settlement with five of the nation's largest banks/mortgage se...
