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Mortgage News
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Texas regulator issues cease and desist order against flat-fee FSBO site Texas Real Estate Commission alleges unlicensed brokerage activities read more New York sues banks over electronic mortgage system (Reuters) Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices. Housing is economy's elephant in the room Commentary: President's real estate proposals 'will be without effect' read more NY's Schneiderman sues banks in foreclosure effort (AP) AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures. Goldman to face mortgage debt class-action lawsuit (Reuters) Reuters - Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender. IRS crackdown on identity theft Real Estate Tax Talk read more New York Real Estate Question & Answer Taking responsibility for a roof leak; a bank loan for capital repairs; lender says no to co-op sublet; next time, don’t forget the key. Mortgages: Mortgages — Shrinking the Escrow Success in challenging property taxes means not having to put as much money aside in the escrow account. In the Region | Long Island: Long Island/In the Region - Homes no Longer Out ... A drop in prices and low interest rates means many buyers on the Island can afford to wait. Analysis: Obstacles high for more mortgage prosecutions (Reuters) Reuters - Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders. Mortgage Loan Counselor.com | Advertising | |
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