There is no ruling yet in Ocwen Loan Servicing LLC’s challenge to a loss-mitigation program instituted last year by the U.S. Bankruptcy Court in Providence for lenders and debtors at risk of foreclosure. A hearing on the challenge by Ocwen and PHH Mortgage Corp. was held this month before a U.S. bankruptcy judge. The servicers [...]
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Servicers Fight R.I. Requirement
November 29th, 2010 
davidguide 
Posted in Business Loans 
Tags: bankruptcy, challenge, chapter 7 bankruptcy, chapter 7 bankruptcy cases, Court, fight, loss mitigation, mitigation program, Mortgage, Ocwen, phh mortgage, program, Providence, R.I., requirement, Servicers, U.S., U.S. Bankruptcy 
Comments OffIowa Asks Servicers to Halt Foreclosures
October 8th, 2010 davidguide Iowa’s attorney general has asked the three major mortgage companies to halt pending foreclosures in the state while his office investigates possible improper submission of documents to Iowa courts. The state contacted Ally Financial, Bank of America and JPMorgan Chase to request that they suspend pending foreclosure proceedings, foreclosure evictions and sheriff’s sales in Iowa. [...]
Posted in Business Loans Tags: Asks, Attorney, Foreclosure, foreclosure proceedings, Foreclosures, General, Halt, Iowa, iowa courts, jpmorgan chase, major mortgage, Mortgage, mortgage documents, office, Servicers, State Comments Off
