Mortgage Fraud Examiners, the company that was warning the public about loan modification services months before the Obama Administration, is now warning of a new “criminal loan modification trap” which the government 'doesn’t'(?) want you to know.
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The Federal Reserve on Friday approved the proposal, released Thursday by the Office of Thrift Supervision and the National Credit Union Administration. The proposal would give reasonable time to make payments and much more.
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Homebuilding and Mortgage Lending Industries Likely To Face Most Trouble As Housing Crisis May Be Lasting Through 2008.
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Continued Market Deterioration Since August Reduces Fair Value of Morgan Stanley's Subprime Exposure by $3.7 Billion – as of October 31, 2007
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IBM (NYSE: IBM) today announced that it will launch a new set of hosted multi-channel Point of Sale (POS) offerings that will enable lenders to better manage their interactions with mortgage brokers and consumers.
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Another sad story about a mortgage company collapse. Lehman Brothers said today that it will shut down BNC Mortgage LLC due to market conditions.
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Capital One not only closed GreenPoint Mortgage but also revised 2007 EPS guidance down by $2.15 per share; expects 2007 EPS of approximately $5.00 per share. GreenPoint Mortgage will not make new loan commitments.
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H&R Block Inc. swung to a fourth-quarter loss Thursday as the continuing struggles of its mortgage lending arm offset higher revenue in its tax and financial services divisions, The Associated Press reported.
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