The 42-page servicing standards “term sheet” lists various requirements for banks’ documents used in foreclosure and bankruptcy proceedings; documentation of borrowers’ account balances; and ensuring …
Complex formulas spell out exactly how much credit banks will receive for that aid. For example, every $1 of principal write-downs earns $1 of credit …
A 12-page document outlines how banks have to satisfy the $20 billion portion of the deal that requires them to help homeowners. At least half …
What’s Inside the $25 Billion Mortgage Settlement: An Early Look Federal and state officials haven’t made public the $25 billion settlement agreement that they reached …
Explicit Language So Viewer Discretion Advised A small group of millionaires and billionaires got together last week and pledged $100 million to beat Obama. Thanks …
Pimco | $25 Billion Foreclosure Deal to Hit Pensions Harder Than Banks The government’s deal with banks over their foreclosure practices after 16 months of …
Lender Processing Services, Inc. (NYSE: LPS) Long Term Investor Filed Lawsuit over Alleged Wrongdoing by Directors A lawsuit is pending by a current long term …
