Archive for July, 2009
State sues mortgage servicer Carrington
Ohio officials have sued California-based Carrington Mortgage Servicers, alleging that it failed to live up to an agreement to provide reasonable and timely loan modifications to eligible borrowers.
UPDATE: Ohio Sues Mortgage Servicer Over Loan Modifications
The state of Ohio has filed a lawsuit alleging Carrington Mortgage Services LLC breached its agreement to offer “reasonable” loan modifications to eligible borrowers.
Ohio sues mortgage servicer Carrington
Ohio’s top lawyer and the state Department of Commerce have sued subprime mortgage servicer Carrington Mortgage Services LLC, alleging the company fell short of a pact with the state to offer loan modifications to borrowers.
State sues mortgage servicer Carrington
Ohio’s top lawyer and the state Department of Commerce have sued a California subprime mortgage servicer, alleging the company fell short of a pact with the state to offer loan modifications to borrowers.
Federal authorities create mortgage fraud team
Federal authorities are creating a mortgage fraud task force in Connecticut to investigate schemes that contributed to the economic crisis and emerging crime trends associated with the growing tide of foreclosures.
Seminar to offer ways to lower mortgage payment
As more Dane County homeowners struggle to pay their property taxes, a free seminar this weekend could help reduce their mortgage payments.
Mido returns to Egypt on one-year Zamalek loan
Egyptian club Zamalek announced on Friday the signing of a one year loan agreement bringing striker Mido back to his home club from English championship side Middlesbrough.
Federal Home Loan Bank sees higher earnings for 2Q
The Federal Home Loan Bank of Cincinnati boosted its net income and net interest income during its second quarter, despite the weak economy and lower demand from its member banks.
Westpac to raise fixed mortgage rates
Westpac will increase its fixed mortgage rates because it says the cost of funding has risen.
Borrowers rush to take advantage of home loan subsidies before elimination
The value of new retail consumer loan contracts signed by Hungarian banks changed little in June compared to May, but the value of new forint home loan contracts jumped as borrowers rushed to take advantage of state subsidies before they were discontinued at the end of the month, fresh data from the National Bank of Hungary show.
