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Loan Modification
: The Truth About Mortgage.comLenders Voluntarily Delaying Majority of Scheduled Foreclosures
By scot184
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Foreclosure sales jumped 31.9 percent last month in the Golden State, following a 35 percent increase a month earlier, but many potential sales are being held back, according to ForeclosureRadar data.
Notices of Default, which are the first step in the foreclosure process, fell 4.2 percent from April, and were down 3.1 percent from a year [...]Full post as published by The Truth About Mortgage.com on June 17, 2009 (boomark / email).
Lawsuits and Settlements
Indymac
Faces Homeowner Class Action over Foreclosures
Lenders Fined
Ryland Group Inc. settles $370,000 questionable lending suit.
Loan Backers
Mortgage Lenders Network pays $855,000 bankruptcy settlement for unfunded mortgages.
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lenders voluntarily delaying majority of scheduled foreclosures
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