Wells Fargo recently announced that company veterans Brad Blackwell and Greg Gwizdz will take up new positions for the lending division responsible for non-agency mortgages. Visit site: Wells Fargo Names New Non-Agency Home Loan Positions … [Read more...]
Big Three Banks See Shares, Stock Rise With Dow Jones
February 18, 2012 by
The Dow Jones Industrial Average finished by end of day Friday at a clip just below 13,000 points, lifting stocks and shares for all but one of the four major financial institutions. Taken from: Big Three Banks See Shares, Stock Rise With Dow Jones … [Read more...]
Mark Schulenburg Joins Inlanta Mortgage as Branch Manager
February 15, 2012 by
Inlanta Mortgage has announced the addition of Branch Manager Mark Schulenburg to its Oak Brook, Ill. View article: Mark Schulenburg Joins Inlanta Mortgage as Branch Manager … [Read more...]
West Virginia AG McGraw Begins Foreclosure Relief Workshops With Servicer Settlement Funds
February 14, 2012 by
West Virginia Attorney General Darrell McGraw has announced the launch of “Project: Save Our Homes.” This project will coordinate efforts for the state’s homeowners to receive relief from last week's decision where 49 state attorneys general reached a $25 billion agreement with the nation’s … [Read more...]
Missouri Governor to Divert Mortgage Settlement Funds to Non-Housing Issues
February 13, 2012 by
Missouri Gov. Jay Nixon has submitted an amendment to his recommended budget for Fiscal Year 2013 that restores $40 million in funding for Missouri's public colleges and universities. Missouri is expected to receive a total of more than $140 million in benefits the settlement by states' attorneys … [Read more...]
Landmark $25 Billion Agreement Reached With Top Five Servicers
February 9, 2012 by
U.S. Attorney General Eric Holder, U.S. See the original post: Landmark $25 Billion Agreement Reached With Top Five Servicers … [Read more...]
Wells Fargo Ranks as Top Commercial Servicer in Volume in 2011
February 6, 2012 by
The Mortgage Bankers Association (MBA) has released its year-end ranking of commercial and multifamily mortgage servicers as of Dec. 31, 2011, and at the top of the list of firms is Wells Fargo with $437.7 billion in U.S. Click to continue Link: Wells Fargo Ranks as Top Commercial Servicer in … [Read more...]
New York AG Schneiderman Seeks Legal Action Against MERS and Major Servicers for Deceptive Practices
February 3, 2012 by
New York Attorney General Eric Schneiderman filed suit against several of the nation’s largest banks charging that the creation and use of Mortgage Electronic Registration Systems (MERS) has resulted in a range of deceptive and fraudulent foreclosure filings in New York state and federal courts, … [Read more...]