Bankers Ignored Signs of Trouble on Foreclosures
Sunday, March 13th, 2011At JPMorgan Chase & Company, they were derided as “Burger King kids” — walk-in hires who were so inexperienced they barely knew what a mortgage was.
Fannie, Freddie want servicers to assume risk-source
Sunday, March 13th, 2011* More borrowers are expected to challenge foreclosures * Title insurers are meeting with Fannie, Freddie (Adds details about efforts to reach deals with banks)
Signs of foreclosure paperwork problems were missed, FDIC chief says
Sunday, March 13th, 2011Chairwoman Sheila Bair says shifts such as a significant drop in mortgage service fees should have raised questions. The admission comes as federal banking agencies conduct an investigation. Reporting from Washington —
BofA Tries to Untangle Files
Sunday, March 13th, 2011Fannie, Freddie want servicers to assume risk-source
Sunday, February 27th, 2011* More borrowers are expected to challenge foreclosures * Title insurers are meeting with Fannie, Freddie (Adds details about efforts to reach deals with banks) NEW YORK, Oct 22 (Reuters) – Fannie Mae and Freddie Mac are in talks with U.S. title insurers to require mortgage servicers to assume insurers’ liabilities if there are legal [...]
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