New Recurring Trends in Fraud. One unavoidable consequence of new technologies disrupting the mortgage industry is new opportunities for fraudsters. In this webinar, officials from Freddie Mac’s Fraud Investigation Unit discuss the importance of keeping your team’s underwriting skills sharp as a deterrent to fraud.
Mortgage Origination and Servicing. The CFPB enforces several laws, such as the Truth in Lending Act and the Real Estate settlement procedures act. These laws require lenders to disclose information to homebuyers before buying and over the life of the mortgage. File a complaint with the CFPB if you have a problem with a new or existing mortgage.
Mortgage servicing fraud: lender document experts Are Clueless About The Loans They Are Testifying About Lender document experts are usually clueless about the loans they are testifying about. Judges in Florida are beginning to take a hard look at mortgage servicing fraud.
Mortgage Servicing Fraud: Lender Document Experts Are Clueless About The Loans They Are Testifying About Lender document experts are usually clueless about the loans they are testifying about. Judges in Florida are beginning to take a hard look at mortgage servicing fraud.
Certain measures, such as loan evaluation, lender liability, a review of loan portfolio purchases, and document examination, are each implemented as a means of preventing mortgage fraud. Expert witnesses in this area are often experienced with recognizing fraudulent documents and other methods of fraud detection, as well as good faith.
Ocwen Improperly Foreclosed On Mortgagees, Suit Says – Law360 Intersting Way to avoid florida foreclosure As you can see, you’ll receive several notices from your lender before the foreclosure process starts. Some people choose to avoid letters or calls from their lenders if they’re having trouble making payments.
Mortgage Loan Directory and Information, LLC or Mortgageloan.com does not offer loans or mortgages. Mortgageloan.com is not a lender or a mortgage broker. Mortgageloan.com is a website that provides information about mortgages and loans and does not offer loans or mortgages directly or indirectly through representatives or agents.
Our experts leverage centralized data, automated workflows and digital compliance tools to boost operational efficiency, customer satisfaction, and profitability. Choose the power of single source mortgage solutions. Today’s digitally-savvy borrowers demand quick, convenient and seamless loan processes on a channel of their choice.
Below is a sampling of NCLC class action litigation efforts in the areas of mortgage servicing and loan modifications. information on other NCLC litigation can be found here. HAMP trial period plan (TPP) Contract Claims NCLC, with its co-counsel, has filed five class action suits on behalf of Massachusetts residents to challenge the way the [.]