UBS could be the first of the European banks to pay up for misleading mortgage giants Fannie Mae and Freddie Mac over the quality of packaged mortgage backed securities sold leading up to the housing market crash.
Tag: bank
Technology Leading Homes to Foreclosure
In the business world it is common for products and services to be rolled out in phases. The first phase is generally more manual and labor intensive, as the business is eager to get there service/product to their clients as quickly as possible to maintain their reputation for being on the cutting edge and providing […]
Choose The Right Lender For Your Home
Homebuyers are more aware of not only what is in their reach but more so what they want. Credit can be given to modern era of internet research and media that brings homebuyers to have expectations with their service providers especially with thousands of them in the real estate market alone.
Colony Capital Reaches Deep Into Their Pockets
When Tom Barrack lost the bid for the Los Angeles Dodgers baseball team, he decided to a leap into one of his largest bulk foreclosure purchases. With contacts high above in the real estate industry, Barrack reached out to Fannie Mae and bid on their bulk for a $176,000,000 purchase.
US Bank in Trouble for Foreclosure Maintenance Practices!
US Bancorp.: Degrading Neighborhoods One REO At A Time!
Senate Bill 458, Will it Help or Hurt California Real Estate?
On the surface Senate Bill 458 appears to be a god send to distressed homeowners pursuing short sale, but is it?