Mortgage lender settles N.C. fraud charges for $4.5M – WRAL

RALEIGH, N.C. — A Texas-based mortgage lender has agreed to replace its namesake chief executive and pay $4.5 million to settle North Carolina allegations the company pushed home buyers into mortgages they couldn’t …
Go to Source

More Mortgage Stuff:

North Carolina Mortgage
Below is a list of online lenders or brokers who offer North Carolina mortgages to their customers: Mortgage-Lenders-Plus.com North Carolina Mortgage — This website offers North Carolina mortgages for homeowners in the state of North Carolina. Their North Carolina mortgage allows homeowners to borrow up to 125% of their home value. Now, North Carolina homeowners can get the money they need for ho…

Non-current mortgages rise in N.C., drop nationally – Birmingham Business Journal
The number of non-current home mortgage loans rose by 1.8 percent in North Carolina over the past six months while nationally, the numbers were moving in the opposite direction, says Florida-based Lender Processing Services . Across the country, the number … Go to Source…

Florida mortgage relief firm paying back $2.4 million to settle charges it misled … – Chicago Tribune
WASHINGTON (AP) — Federal regulators say a Florida company they accused of misleading borrowers who were seeking to avoid foreclosure has agreed to repay the consumers $2.4 million to settle those charges … Go to Source…

New NC regulations tell mortgage companies to stop foreclosure action once help is sought – WTKR
RALEIGH, N.C. (AP) — New rules approved by North Carolina banking regulators could help fight home foreclosures. The rules taking effect Tuesday say that companies that service mortgages must stop foreclosure activity once a homeowner asks for a loan modification. Lenders now go ahead with the … Go to Source…

North Carolina | Man sentenced in mortgage fraud – The Sun News
Two people have been injured after their helicopter crashed in a rugged area of western North Carolina. Black Mountain Fire Department Deputy Chief Craig Bannerman says firefighters responded Monday afternoon to reports of the crash just over the line separating McDowell and Buncombe counties … Go to Source…

Owner of mortgage rescue firms to pay $805,000 to settle fraud case in New Jersey – Washington Examiner
TRENTON, N.J. — State officials say the owner of several loan modification companies in New Jersey has agreed to pay $805,000 to settle charges that he defrauded struggling homeowners. Attorney General Paula Dow says Stephen Pasch also agreed to stay out … Go to Source…

Rep. Brad Miller: Mortgage Crisis Won’t Be Solved Until Banks Are Forced To Help (AUDIO) – Huffingtonpost.com
The financial industry keeps defeating attempts at reform, according to North Carolina Rep. Brad Miller (D – North Carolina). “I have just about pulled my hair out trying,” Rep. Miller said, speaking to MSNBC’s Dylan Ratigan ’s podcast posted today. “But … Go to Source…

Fannie Mae CEO says "new realism" is bolstering mortgage firm – Asbury Park Press
Fannie Mae, the mortgage-finance company operating under federal conservatorship, is regaining strength amid a “new realism” in the U.S. housing market, Chief Executive Officer Michael J. Williams said … Go to Source…

I Am Unable To Refinance My ARM Home Loan-Will My Lender Modify My Loan To Help Me
There are alot of people across America that for a variety of reasons are unable to refinance their ARM home loan. If you are a home owner that is in this situation take a few minutes and read this short but informative article, it may save your home! Why You May Be Unable To Refinance Your ARM Home Loan Many borrowers are finding out that the specialized loan programs they used to buy their house…

I Am Unable To Refinance My ARM Home Loan-Will My Lender Modify My Loan To Help Me
There are alot of people across America that for a variety of reasons are unable to refinance their ARM home loan. If you are a home owner that is in this situation take a few minutes and read this short but informative article, it may save your home! Why You May Be Unable To Refinance Your ARM Home Loan Many borrowers are finding out that the specialized loan programs they used to buy their house…

Comments are closed.