Loan Servicers Prepare for Borrower Backlash. Lawsuits Mounting

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/174726.aspx

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       Loan Servicers Prepare for Borrower Backlash. Lawsuits Mounting Judge says GMAC submitted foreclosure affidavit in bad faith, must cover borrower's attorney fees - MND NewsWire FHA MIP Updates Go Live on Monday; Flood Insurance Officially Extended; Lots of Lender Bulletins SBA securities? You bet! Flood insurance extended; Monday a big day for MI companies; updates from Chase, Citi, Fifth Third, Fannie, Flag, USB - Pipeline Press Mortgage Market Risk Models Built on Flawed Assumptions Over the past twenty years, understanding of and business practice in mortgage markets has been influenced significantly by the application of statistical... - MND NewsWire HomePath Property Buyers Receive... - MND NewsWire Loan Level Reviews Slow the Mortgage Funding Process. Lenders Turn to Technology Household Formation a Function... - MND NewsWire Mortgage Rates End Week Just Above... - Mortgage Rate Watch Homebuilders Lose Funding Sources... - Voice of Housing GSE Loan Limits Extended for Another... - MND NewsWire Savings Rate Moves Higher. Investors... - MBS Commentary Distressed Properties Account for... - MND NewsWire »View more top stories jeffer90576 Profile View Edit Member Toolbox -MBS/Treasury Quotes -Mortgage Rates -Write an Article -Mobile MND -News / Rate Widgets -Manage Email Alerts -Update Profile -Not a Premium Member Yet? Upgrade Here. MBS Quotes FNMA 4.0 102-30 0-05 FNMA 4.5 104-10 0-05 FNMA 5.0 105-10 0-01 FNMA 5.5 106-10 -0-01 FNMA 6.0 107-14 0-00 Updated: 10/1/10 4:30 PM Treasuries 3 MO 0.1501 -0.0099 2 YR 0.4145 -0.0055 5 YR 1.2565 -0.0135 10 YR 2.5133 -0.0167 30 YR 3.7164 0.0264 Updated: 10/1/10 4:52 PM Mortgage Rates 30 Yr FRM 4.33 -0.01 15 Yr FRM 3.70 -0.02 FHA 30 Year 4.35 -0.01 Jumbo 30 Year 5.51 -0.03 5/1 Yr ARM 3.54 -0.01 Updated: 10/1/10 4:17 PM Latest Video       View:All Videos Manufacturing America's Jobs 10/1/2010 Insight on U.S. manufacturing, with Daniel Meckstroth, Manufacturers Alliance, and John Silvia, Wells Fargo. Foreclosure Mistakes May Cloud Home Ownership Titles: Video 10/1/2010 Oct. 1 (Bloomberg) -- U.S. courts are clogged with a record number of foreclosures. Next, they may be jammed with suits contesting property rights as procedural... Personal Income, Spending Tick Up 10/1/2010 Personal income rises more than expected in August; spending is up too, with CNBC's Rick Santelli and Steve Liesman. Around The Web       Private Construction Spending declines in August Batttle Over Home Resale Fees Heads to Congress FDIC Plans to Auction Loans Totaling 174676.12 Billion Foreclosure Errors May Cloud Ownership of U.S. Homes Why Congress Had to Extend Higher Limits for Mortgages Five Ways to Keep Your Job From Killing You Fannie Mae wins dismissal of much of investor suit Appraisals Continue to Be Low and Sink Some Deals RealtyTrac: Chase and GMAC Could Prolong Housing Recovery Serious Delinquencies Fall For Fifth Month in a Row »View All Recent Articles JOIN THE CONVERSATION Recent Comments Marshall Moreland on 10/1/2010 - read this comment Very good discussion folks. I think it's safe to assume that the lenders would NOT be doing these extra steps unless there was a major driving force behind it. Obviously they do not want to buy any... Adam Quinones on 10/1/2010 - read this comment Yes fundamental Keynesian economics are not proving efficient as wages are now losing their downward stickiness. But Ben addresses this and the rest of your point of view in that speech. He makes it clear... Brian Brady on 10/1/2010 - read this comment I read the speech. It was at best, a synopsis of "General Theory of Employment, Interest and Money". At worst, a roadmap for oblivion. The Keynesian Era is dead. Savings will be deployed when... kcrute on 9/30/2010 - read this comment I am a LO for a small Regional Bank, direct FNMA/FHMLC Seller Servicer, this week I am reviewing loans that we closed about 9-10 months ago and have been audited. The agencies are looking for ANY reason... Questions i want to transfer the joint mortgage i have with my ex partner... Based on my tax assessment my mortgage is underwater. Can the... if i do a deed in lieu of foreclosure will i be forced too pay... How can I determine from public records (New Jersey) if a property... Answers What happens to earnest money when seller refuses make repairs... Do tastefully placed family pictures help or hinder when you... Can anyone qualify for a USDA loan or are there criteria you... My son who is disabled wants to refinance his home.His disability... Forum Discussions Investment Condo Interest Rate Selling Two Homes Owned as Tenancy in Common Bank Maintaining Excessive Escrow Balance Sell the First Trust Deed Short Sale - Not Trying to Hide Money Loan Scenarios Post | View All   State Date Amount Loan Type CA 9/29/2010 490,000.00 Refinance (Rate and Term) TX 9/28/2010 280,000.00 Refinance (Rate and Term) NJ 9/28/2010 400,000.00 Cash Out Refinance WI 9/24/2010 575,000.00 Purchase FL 9/24/2010 1,400,000.00 Refinance (Rate and Term) IA 9/23/2010 330,000.00 Refinance (Rate and Term) Mortgage News Daily

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/174726.aspx