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Colorado had the eighth-lowest percentage of mortgage loans in foreclosure or 90 days delinquent in the third quarter, according to a survey by the Mortgage Bankers Association Mortgage Bankers Association Latest from The Business Journals ...

Mortgage bankers: Colorado rates well on delinquent loans

The attorneys general of Nevada and California have agreed to co-operate in an investigation of of mortgage fraud and lender misconduct and not to be part of the ongoing settlement talks between lenders and state attorneys general. Last week the ...

Nevada, California Will Pursue Mortgage Fraud Together (BAC, JPM, WFC, C)

LORAIN — Though The American Eagle Mortgage Co. has expanded nationally the past decade, President John Schrenkel is still happy to call Lorain home. “I’m born and raised in Lorain County,” Schrenkel said. “It’s always near and dear ...

GOLDEN 30: American Eagle Mortgage Co. still at home in Lorain (with video)

National Securities Corporation and Aegis Capital Corp. are serving as co-managers. NYMT expects to use the net proceeds of this offering to acquire certain of the Company's target assets, including multi-family commercial mortgage-backed ...

New York Mortgage Trust Announces Pricing of Public Offering of Common Stock

Units of Ally Financial Inc., the auto and home lender that received a government bailout, were sued by Financial Guaranty Insurance Co. for allegedly misrepresenting the quality of mortgage loans underlying securities that Financial Guaranty insured.

Ally’s GMAC Is Sued by Insurer Over $1.2 Billion in Mortgage Securities

NEW YORK (Reuters)—JPMorgan Chase & Co. has been sued by Stichting Pensioenfonds ABP, a pension fund for public employees in the Netherlands, over residential mortgage-backed securities it purchased. The fund bought the pools of home loans ...

Dutch fund sues JPMorgan over mortgage pools

According to the October 2011 report released today by LPS Applied Analytics, there were 3.9 million loans in the US that were either in foreclosure or were more than 90-days delinquent during October of this year. Delinquencies were down 28 percent from ...

LPS Mortgage Monitor: Colorado 6th-best in the nation for non-current loans

The lawsuit named Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., Citigroup Inc., and GMAC. It was filed in Massachusetts by Attorney General Martha Coakley. "We have two clear goals with this lawsuit - one is to provide for real ...

Banks' mortgage fraud alleged

Bill Gross, who runs the world’s biggest bond mutual fund at Pacific Investment Management Co., increased his holdings of Treasuries and mortgage debt amid a bet U.S. interest rates will stay low for years. Government and Treasury debt as a ...

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