1 Articles match "Cleveland","Foreclose","Originate"

The Latest from RealtyTrac MORE
New York Versus Freddie Mac: Round One
At the heart of the dispute is newly-enacted legislation which says lenders can’t foreclose subprime or high cost borrowers in the state unless a lengthy list of standards has first been met. Most importantly in the eyes of Freddie Mac and other weary mortgage buyers are provisions in the law which say that mortgage investors — not just loan officers or local lenders — are liable for improperly originated loans. New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York.
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
  • The Best from RealtyTrac MORE
  • New York Versus Freddie Mac: Round One
    At the heart of the dispute is newly-enacted legislation which says lenders can’t foreclose subprime or high cost borrowers in the state unless a lengthy list of standards has first been met. Most importantly in the eyes of Freddie Mac and other weary mortgage buyers are provisions in the law which say that mortgage investors — not just loan officers or local lenders — are liable for improperly originated loans. New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE