Tag Archives: Servicing

Mortgage Servicing Litigation Sees Rapid Jump

28. Jun, 2011 0 Comments

Mortgage servicing litigation has skyrocketed 88% in the 2011 first quarter. These figures were released last week in a report by MortgageDaily.com and law firm Patton Boggs LLP. Reasons given include all the robo-signing scandal uncovered last fall

Related posts:

  1. Pressure Mounting for Creation of National Mortgage Servicing Rules
  2. Mortgage Delinquencies Improve for 5th Straight Quarter
  3. Why Do We Care What Mortgage Servicers Want in Settlement Talks?

Short Sale Daily News » Short Sale Daily News amy
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New Servicing Rules Issued by Fannie Mae for Delinquent Mortgages

10. Jun, 2011 0 Comments

Fannie Mae has announced new standards for mortgage servicers regarding default prevention, managing delinquent loans and foreclosure time frames. The new rules are supposed to help with problems in mortgage servicing, including inadequate communi

Related posts:

  1. Fannie & Freddie Issue New Guidelines for Delinquent Mortgages
  2. Pressure Mounting for Creation of National Mortgage Servicing Rules
  3. Fannie Mae to Offer Buyer Assistance on REOs

Short Sale Daily News » Short Sale Daily News amy
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How the Newest Short Sale Servicing Companies are Stealing Money

25. Feb, 2011 0 Comments

On this week’s PFDG “Tip of the Week” we uncover some of the newest Servicing Companies that are breaking into the short sale scene and how they are trying to steal money right out of our seller’s pockets, who CitiMortgage is now outsourci

Related posts:

  1. The Trick to Fighting Bank of Americas Short Sale Values
  2. Why You Should “Never” Submit Multiple Short Sale Offers at a Time
  3. Homeowners BEWARE BPO
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Pressure Mounting for Creation of National Mortgage Servicing Rules

22. Dec, 2010 0 Comments

This story is not going away. Ever since the robo-signing scandal broke around October, a week doesn’t go by that I’m not seeing a story related to the fall-out and the efforts to eliminate such a debacle again. Now, a group of more than 50 in

Related posts:

  1. Will National Foreclosure Standards be the Next Move?
  2. House Committee Hearing on Mortgage Servicing Problems Set for November 18
  3. Many “Foreclosure Experts”
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House Committee Hearing on Mortgage Servicing Problems Set for November 18

28. Oct, 2010 0 Comments

Congresswoman Maxine Waters chairs the House subcommittee and had this criticism of  Bank of America and GMAC Mortgage for already lifting their foreclosure freezes last week.

“I am disappointed by Bank of America’s rush to resume foreclosures after such a short review that calls into question how it could examine more than 100,000 mortgages so quickly. I am also concerned that GMAC is moving ahead with foreclosures despite…

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