by admin | Jan 7, 2015 | Homeownership
By Author: Brian Honea of DS News Just before Christmas, President Barack Obama signed into law H.B. 5771, known as the Tax Increase Prevention Act of 2014, which retroactively extended 55 tax provisions – including one that provides distressed homeowners relief on...
by admin | Nov 20, 2014 | Mortgages
By Levi Shultz Earlier today, the Federal Housing Finance Agency’seighth seminannual report stated that $353 million in criminal fines and restitution orders have been collected due to the OIG’s investigative efforts. Simultaneously, Reuters reported an accumulated...
by admin | Nov 20, 2014 | Latest News/Blog
By Levi Shultz Earlier today, the Federal Housing Finance Agency’seighth seminannual report stated that $353 million in criminal fines and restitution orders have been collected due to the OIG’s investigative efforts. Simultaneously, Reuters reported an...
by admin | Nov 4, 2014 | Latest News/Blog
By James Sterngold of the WSJ Mortgage servicer Ocwen Financial Corp. swung to a loss in the third quarter, after it set aside $100 million as it seeks to settle the latest in a series of charges of weak internal controls by New York’s financial...
by admin | Oct 28, 2014 | Homeownership, Mortgages
By Ben Lane The record-setting settlement between Bank of America(BAC), the U.S. Department of Justice, certain federal agencies and six states to resolve claims over toxic residential mortgage-backed securities is on hold due to political in-fighting at the...