mortgage

• Illinois League Touts New State Foreclosure Law

  By Peter Strozniak  |  February 13, 2013

  New legislation expedites foreclosure process for abandoned residential properties.

• Florida Court: Fraud Allegations Can't Force Re-Opening of Voluntarily Dismissed Foreclosure Cases

  By Julie Beck  |  February 11, 2013

  In robo-signing case, state Supreme Court finds voluntary dismissals can't be reversed unless plaintiff got relief, dismissal kept court from remedying the fraud.

• Minnesota CUSO Touts Record Revenue Growth

  By Michelle A. Samaad  |  November 7, 2012

  CU Companies said Tuesday its revenue increased by more than 120% and its net income grew by more than 600% from 2011.

• Mortgage Execs Urged to Get Involved in Regulatory, Market Issues: Onsite Coverage

  By David Morrison  |  September 26, 2012

  LAS VEGAS — Costs associated with ongoing CFPB regulations remain a concern.

• New Members Flock to CU HARP Mortgages

  By David Morrison  |  September 2, 2012

  Although many credit unions may not have realized it, the second version of the federal government’s Home Affordable Refinance Program is a more workable and beneficial for both borrowers and credit unions than its predecessor, according to housing finance executives at credit unions that have begun making the loans.

• LenderLive Lands Alliant

  By Marc Rapport  |  July 30, 2012

  LenderLive Network Inc. said the $8.4 billion, 274,000-member Alliant Credit Union in Chicago will be using the Denver company’s technology and mortgage services.

• DeMarco: Strategic Defaults Could Quickly Wipe Out Principal Forgiveness Gains

  By Heather Anderson  |  April 12, 2012

  FHFA Director defends principal forgiveness math.

• Sperry Associates FCU Wins Bond Case

  By Michelle A. Samaad  |  March 11, 2012

  In a case that has ties to one of the industry’s largest mortgage scams, Sperry Associates Federal Credit Union received a ruling in its favor over losses the financial institution said it suffered behind the scheme.

• Slowing Foreclosures Still Portend Long Crisis

  By David Morrison  |  August 11, 2011

  Tenth-straight monthly drop due to process hangups, loan modifications, RealtyTrac says.

• Housing Paradox: When Foreclosure Decline is A Bad Sign

  By David Morrison  |  July 28, 2011

  Drop in foreclosures due to backlog not market improvement, RealtyTrac says.