Sentences with phrase «of loan modification companies»

In 2010 we have seen a trend of loan modification companies do really well with aged mortgage leads.

Not exact matches

To address some of the issues irking consumers, a shareholder proposal this year requests that the «audit Committee conduct an independent review of the Company's internal controls related to residential mortgage loan modifications, foreclosures and securitizations, and report to shareholders.»

The state of Ohio twice hauled Carrington into court because officials believed the company was not offering good faith loan modifications to borrowers who were eligible.

Some companies that offer foreclosure rescue or loan modifications services have required homeowners seeking assistance to pay large sums of money upfront without delivering on their promises.

This is a follow up post by one of our guest writers about her experiences with dealing with loan modification companies, debt settlement companies and other debt management programs.

Our Housing Counselors work with mortgage companies and servicers on loan modifications, short sales and deed - in - lieu of foreclosure agreements, to name a few of the different available loss mitigation options.

Lead Planet has invested in high - tech outbound dialing systems that produce high converting click to call loan modification leads for many of the most respected law offices and top producing mortgage relief companies from all California to Nevada to Texas to Florida, to North Carolina to Virginia to New York.

There are several advantages of hiring a professional, HOWEVER you must also be very careful if you choose to use a loan modification company that takes a fee up front to negotiate your loan modification for you.

We are one of the most respected and experienced mortgage marketing companies online that offers real - time mortgage leads, live transfer leads, loan modification leads and debt leads for broker, lenders and mortgage bankers.

Bank of America President and Chief Executive Officer Brian Moynihan also announced changes to Bank of America Home Loans and Insurance that will continue the company's strong momentum in extending home mortgage credit while improving its leading mortgage modification programs for distressed homeowners and resolving legacy mortgage issues.

Direct Mail promotions in September and October will provide incentives like free internet mortgage leads and free websites for mortgage and loan modification companies that are not afraid to commit to a lead generation plan of $ 15,000 or more mail pieces.

Pawlenty signed into law a bill designed to crack down on so - called foreclosure consultants and mortgage loan modification companies that consumer advocates say are taking advantage of homeowners struggling to keep their homes.

They got ahead of abusive practices towards distressed homeowners and shady loan modification companies.

«We are hearing from consumers that they are driven into default because private student - loan companies are not providing concrete loan - modification options,» Richard Cordray, the director of the federal government's Consumer Financial Protection Bureau, said.

Mortgage - servicing companies that modify second mortgages will receive an upfront payment of $ 500 and additional payments of $ 250 a year for up to three years for successful modifications of home - equity loans and other second mortgages.

Where the FTC missed the target was when they said the new rules did not apply to secured debt because they felt «There is no evidence in the record of deceptive or abusive practices in the promotion of services for the relief of non-mortgage secured debt» but they appear to have missed the recent influx of auto loan modification companies that are springing up.

That rule prohibits home loan modification companies from making misrepresentations about any product or service, including claims about financial products or services, their government affiliation, or implementation of their data security measures.

In addition to managing bankruptcy and out - of - court proceedings for companies, secured and unsecured creditors, committees, trustees and asset purchasers, Zander also represents lenders in forbearances, loan restructurings, amendments and modifications.

This appeal involved ex-husband successfully challenging a refusal to grant him spousal support modification when his financial situation had changed because he owed repayment of some hefty employer - brokerage company loans.

Harris Bank Wilmette (Wilmette, IL) 1992 — 2000 Assistant Vice President / Senior Personal Banker • Consistently exceeded sales goals through effective networking, cold calling, and other tactics • Developed working knowledge of all bank products to provide best possible customer service • Worked with multiple company departments to create holistic client portfolios • Oversaw loan applications, client account opening, closings, and modifications • Ensured bank compliance with all industry and legal regulations, policies, and procedures • Trained banking staff at multiple locations in industry best practices and software operation

Proceeds of the mezzanine loan are being used to recapitalize the portfolio as part of New York Life Insurance Company, Dekabank Deutsche Girozentrale, Münchener Hypothekenbank EG, Westdeutsche Immobilienbank AG and Wells Fargo's extension and modification of the $ 678.8 million senior financing on the portfolio.

The FTC and CFPB's investigation accused the companies of four types of «egregious» behavior: Illegally collecting advance fees before obtaining a loan modification; inflating their success rates in obtaining loan modifications; duping consumers into thinking they were getting legal representation; and making false promises.

Among them were two Southern California firms, Siringoringo Law Firm and Clausen & Cobb Management Company, whose principals were accused of partnering on schemes to charge illegal fees for loan modifications.

In 2008, the Foreclosure Rescue Fraud Prevention Act become Florida law and it makes it illegal for anyone (either an individual or a company) that sets itself up as in the business of «foreclosure rescue» or «mortgage loan modification» from getting paid until they've done the work shown in their deal with the Florida mortgage holder.

The issuance of the Rule followed numerous FTC and state enforcement actions against companies that claimed to be able to obtain from consumers» mortgage lenders or servicers a loan modification or other relief to avoid foreclosure.