Guaranteed Rate ordered to pay $25M in alleged loan diversion. – Chicago-based Guaranteed Rate was ordered to pay more than $25 million in damages for an alleged corporate espionage scheme that seems straight out of the play "Glengarry Glen Ross," with an employee diverting hundreds of loan applications from a rival mortgage company.
Mortgage delinquency risk hits all-time high. – The mortgage delinquency rate declined for the eighth. Fewer people filing for unemployment Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft Servicers Make 116,000 HAMP trials permanent common Mortgage Servicer Violations in Loan Modifications.. Sometimes servicers make a mistake when calculating the NPV.
Sen. Warren sounds the alarm on irresponsible housing reform (CNSNews.com) – Why didn’t the bush administration sound the alarm on the unstable housing market that began to unravel on his watch? Fox News’s Bill O’Reilly asked former White House adviser Karl Rove that question on Wednesday’s "O’Reilly Factor." "You left the Bush administration 15 months before the president did," O’Reilly said to Rove. "While you were there at the.
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Debating Same-Sex Marriage – This week on the JOURNAL, Bill Moyers spoke with prominent lawyers Ted Olson and David Boies about their legal challenge to California’s ban on same-sex marriages. Olson, a conservative, and Boies, a.
Excess and Surplus Lines Laws in the United States – The Nonadmitted and Reinsurance Reform Act (“NRRA”) came into effect on July 21, 2011 as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The purpose of the NRRA was to create a.
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Missed payments on mortgages jump to 6.4 million in April Monday Morning Cup of Coffee: Mortgage payments set to jump. – Monday Morning Cup of Coffee takes a look at news coming across HousingWire’s weekend desk, with more coverage to come on larger issues. Rising rates could cause mortgage payments to increase up.
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