Tag Archives: loan servicing

A 2003 Mortgage Warning

In 2003, Nye Lavalle compiled a list of improprieties by Fannie Mae. He warned about a mortgage disaster ahead. Nobody in power listened to him. When I read about the fraudulent fees and fines given to his mortgage, it makes … Continue reading

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Haste Makes Waste With Foreclosures

Federal regulators are examining foreclosure paperwork to see if the banks have been playing by the rules. Flooded by a tidal wave of foreclosures, banks, it appears, have been tempted to cut corners and to skimp on paperwork and attorney … Continue reading

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California Defaults Down

About 94,000 home owners in California defaulted in the past quarter. Sue McAllister writes: The number of Santa Clara County homeowners who fell behind in their mortgage payments in the third quarter rose 70 percent compared to the same period … Continue reading

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Payback Is Key To Refinance

You have to measure what you will save in lower interest rates with the increased fees you’ll pay to refinance. It’s not all about the interest rates. It’s the gestalt! (NAPSI)-Staying up to date with the latest developments in the … Continue reading

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