Hawaii | Home Loan | Mortgage | Refinance

Archive for the ‘Mortgage News’ Category

(Reuters) – As the nation’s five largest mortgage lenders edge close to a $25 billion settlement over foreclosure abuses, it’s becoming clear that the deal will have little or no impact on their future bottom lines. After more than a year of negotiations …
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Prashant Gopal has an intriguing story today on the way in which banks are not only doing more short sales than they used to, but are even throwing in cash sweeteners to speed things along. Why would they be doing such a thing? The banks aren’t saying …
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With a Monday deadline at hand, California officials have resumed direct talks with the Obama administration about joining a multibillion-dollar, multi-state mortgage settlement with the nation’s largest banks, a source said Sunday. The …
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The man who compiled a dossier of improprieties on US mortgage giant business Fannie Mae, has spoken out about finally seeing a 2006 report that corroborated many of his findings. Nye Lavalle, from Florida but began analysing mortgage deals after he lost …
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Wifredo A. Ferrer, United States Attorney for the Southern District of Florida; John V. Gillies, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office; and James K. Loftus, Director, Miami-Dade Police Department (MDPD); along …
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Attorney General Eric T. Schneiderman of New York sued three major banks on Friday, accusing them of fraud in their use of an electronic mortgage database that he said resulted in deceptive and illegal practices, including false documents in …
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The Canadian mortgage industry has long been lauded for its stable lending criteria and ability to hold the fort during the worldwide recession. Through the wonderful blue sky of 2.99-per-cent 5-year fixed money, however, is a storm of international and …
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