Fannie and Freddie tell mortgage servicers not to refer new cases to Baum firm

Maxine Waters asks for regulatory scrutiny for all MSR transfers and more, including free phone transfers to Florida’s airports, seaports and neighboring 511 systems. The free 511 app uses the iPhone’s GPS tracking to provide users with traffic informa-tion within miles of their location. Users can even view traffic cameras associated with crash-es on their iPhone, iPad and iPod Touch with the 511 app. All.

RNC to File FEC Complaint on Obama Fundraising Practices – The rule was intended as a matter of practicality — it did not seem reasonable to ask a campaign to gather that information from every five-dollar donor. But the Obama campaign has raised more than.

The New York Times – We will learn today just how much the Lehman Brothers bankruptcy will cost those who wrote credit default swaps on the firm’s debt. Thanks to Alan Greenspan’s no disclosure-no regulation policy, we do.

In Battered Secondary Mortgage Market, Some Encouraging Trends May Be Emerging Posted By diana golobay january 28, 2009 2:34 pm The house judiciary committee on Tuesday approved a measure for so-called "cram-down" provisions that would allow bankruptcy judges to change the terms of a mortgage by reducing the interest rate, extending the life or lowering the principal or loan balance as part of a bankruptcy debt restructuring plan.

Obama Warns Against McCain ‘Smear’ Tactics – Ayers hosted a gathering for Obama when he was running for the state Senate in Illinois a decade ago. Obama did not refer specifically to Palin’s remarks, nor did he detail exactly what the "smears".

freddie mac Archives – Law Firm of VAUGHN, WEBER & PRAKOPE. – No New Foreclosure Cases for Steven J. Baum, P.C. From the Freddie Mac Website: After November 10, 2011, Servicers may not refer any new Freddie Mac foreclosure or bankruptcy cases in New York to Steven J. Baum, P.C., whether referred within or outside of our Designated Counsel Program.

Fannie Mae, Freddie Mac give mortgage servicers power to aid. – On loans they own or have securitized, Fannie and Freddie are now directing servicers to forbear when a borrower can show the loss of a job. Unlike the companies’ earlier rules, servicers can grant half a year of reduced or suspended payments without getting special permission in advance.

Capital Real Estate: Price of large luxury rentals in Manhattan falls – the firm of Harold. at the annual Mortgage Bankers Association conference in las vegas.” http://bloom.bg/1wkq82n SHARE ME: Like this newsletter? Please tell a friend to sign up:.

Getting to 240,000 — 266 Borrowers at a Time Student Loan Servicers Put Borrowers at Risk – Consumer Reports – The cfpb examined thousands of complaints from borrowers who said servicers made it difficult to get lower student loan payments tied to their income. Borrowers reported that their paperwork was under review for weeks or months, wasting precious time toward getting manageable payments.

Fannie and Freddie's Excuse for Abusive Foreclosures on. – Fannie Mae and Freddie Mac, government-backed businesses who together own or guarantee about half of the outstanding mortgages in the country, were in Washington, DC last week defending themselves before a Senate committee looking into abusive – and in some cases illegal – foreclosure practices that have come to light in recent months.

Fannie Mae, CFPB in Sync on Servicer Rules – Mortgage News Daily – The new rules do not allow services to refer a delinquent loan for foreclosure before the 121 st day of delinquency in order to allow borrowers whose loans are secured by their principal residence.

What You Need to Know about the New Mortgage Loan Servicing Standards – When the home mortgage bubble burst in mid. in connection with your use of our Website and Services and does not apply to any practices conducted offline or in connection with any other websites..

Survey Finds Short Sales Outnumber REO in January Purchases Survey Finds Short Sales Outnumber REO in January Purchases In Housing, a Supply Problem of Epic Proportion Jump directly to links further down on this page: Canadian Government Links * Canada Mortgage and Housing Corporation (CMHC) * homelessness partnering strategy * Links to Provincial and Territorial Affordable Housing Websites.