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Loan Modification
: Loan Modification & Home Loan NewsBondholders Pick a Fight With Banks
By Moe Bedard
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As banks restart foreclosures they had suspended, bondholders are stepping up efforts to recoup losses on soured mortgage portfolios amid concern about sloppy mortgage servicing and underwriting practices. In a letter Monday, a group of institutional bond investors raised objections to the handling of 115 bond deals issued by affiliates of Countrywide Financial Corp., acquired [...]Full post as published by Loan Modification & Home Loan News on October 19, 2010 (boomark / email).
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Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings
Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages
Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages
Hurricane Ike
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