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Florida Mortgage Loan News

My Home is Gone, but I would never dream of asking the Taxpayer to give it back.

Ms. Leah T 17404 Cmto. Siega San Diego, Ca. 92XXX

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Ariz., Mich., Fla., set to join foreclosure deal, leaving a few holdouts ... - Washington Post


Ariz., Mich., Fla., set to join foreclosure deal, leaving a few holdouts ...
Washington Post
It would force the five largest mortgage lenders to reduce loans for about 1 million households. The reduced loans would benefit homeowners who are behind on their payments and owe more than their homes are worth. The lenders would also send checks for ...

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Banks See Paying Bonus to Troubled Homeowners Beats Foreclosure: Mortgages - Bloomberg


Bloomberg

Banks See Paying Bonus to Troubled Homeowners Beats Foreclosure: Mortgages
Bloomberg
Karen Farley hadn't made a mortgage payment in a year when she got what looked like a form letter from her lender. “You could sell your home, owe nothing more on your mortgage and get $30000,” JPMorgan Chase & Co. (JPM) said in the Aug.
Reduce the principal to fix the housing mortgage crisisPocono Record
Delaying the Inevitable: The Effect of Foreclosure Moratoriums, Mediations and ...JD Supra (press release)
Several states hold out, one leaves $25B mortgage settlement talksAGBeat
Business Insider
all 85 news articles »

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Mortgage Accord, UBS, Gupta, Insider 'Criminal Club', Finra: Compliance - Bloomberg


Mortgage Accord, UBS, Gupta, Insider 'Criminal Club', Finra: Compliance
Bloomberg
California, New York, Nevada, Florida and Massachusetts are among states that haven't signed a settlement with banks over foreclosure abuses, according to state officials and two people familiar with the talks. The holdouts include some with the ...
Mortgage Accord, UBS, Gupta, Insider Trading, Finra: ComplianceBusinessWeek

all 3 news articles »

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Closed Alpharetta company, founder indicted in robo-signing case - Atlanta Journal Constitution


Kansas City Star

Closed Alpharetta company, founder indicted in robo-signing case
Atlanta Journal Constitution
DocX was one of the largest companies executing and notarizing mortgage documents for big banks and loan servicers. Florida-based owner Lender Processing Services closed the company in April 2010 and fired Brown in November 2009 after evidence emerged ...
Missouri files charges against mortgage processorCBS News
Lender Processing Unit Docx Indicted in Missouri for ForgeryBusinessWeek
Lender Processing Unit Indicted in Missouri for Forging Mortgage DocumentsBloomberg
Riverfront Times (blog) -Columbia Journalism Review (blog)
all 61 news articles »

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WCS Lending, LLC Continues to Expand its Business Operations In South Florida - MarketWatch (press release)


WCS Lending, LLC Continues to Expand its Business Operations In South Florida
MarketWatch (press release)
At a time when most mortgage lenders are closing their doors or contracting, WCS Lending, LLC continues to grow despite the market conditions. "We're thrilled with our latest expansion and proud to be growing during this economy.

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Family From Miami Charged with Connections with Mortgage Fraud Scheme - LoanSafe


Family From Miami Charged with Connections with Mortgage Fraud Scheme
LoanSafe
American Mortgage Lending (AML), a mortgage brokerage firm owned by defendant Jose Armando Alvarado, prepared and submitted the fraudulent loan documents to the lenders. South Florida Realty, a real estate company owned by defendant Maria C. Alvarado, ...

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