Foreclosure
Latest Posts
Mortgage Bond Investors’ Suit Against Countrywide Goes to State Court
Aug 21, 2009A US district judge this week decided not to take action on a lawsuit filed against Countrywide Financial by investors in mortgage-backed securities. The suit claims Countrywide’s decision to modify mortgage loans up to $8.4bn violates contracts held by investors in the securitizations where some of those loans live. The investors involved in the suit are asking that Countrywide purchase any loan it intends to modify out of the respective securitization and absorb the losses taken on modifications.
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Illinois Realtors See Sales, Prices Improve in July
Aug 21, 2009 -
Price Gains Don’t Signal Bottom: First American
Aug 20, 2009 -
13.16% of Mortgages Delinquent: MBA
Aug 20, 2009 -
SoCal Sales Up, Prices Still Down; MDA DataQuick
Aug 18, 2009 -
PMI Redesigns Borrower Outreach Web Site
Aug 14, 2009 -
Preventing Foreclosure with Apple Cakes
Aug 14, 2009 -
FirstAm Sees One in Three Mortgages Underwater in Q209
Aug 13, 2009 -
Genworth Saves $2.3bn of Mortgages from Foreclosure
Aug 13, 2009 -
Foreclosure Filings Rise 7% in July: RealtyTrac
Aug 13, 2009 -
In This Corner: Fay Financial’s CEO Edward Fay
Aug 12, 2009
