Sentences with phrase «residential mortgage loan modifications»

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.»

Not exact matches

Specifically, she is accused of taking $ 13,900 from five different households, agreeing to perform loan modifications for their individual residential mortgages, and then pocketing the money.

Ocwen Financial Corp., a servicer of residential mortgages, launched a new loan modification program to reduce the principal on a mortgage for delinquent borrowers, but the borrowers must agree to let loan investors share in future appreciation of the home's value when the market recovers.

Prior to joining Green Residential, he spent 12 years working at Cadence Bank in the mortgage loan servicing department, where he specialized in loan audits, modifications, and bankruptcy related issues for the mortgage portfolio.

In light of these concerns, the Bureau alternatively proposed to use its exception and modification authority under TILA section 105 (a) and (f), Dodd - Frank Act section 1032 (a), and, for residential mortgage loans, Dodd - Frank Act section 1405 (b) to exempt transactions subject to proposed § 1026.19 (e) and (f) from the requirements of TILA section 128 (a)(19).