Nomura Holdings and the Royal Bank of Scotland (RBS) have agreed to pay an extra $33 million in addition to the $806 million a judge ordered them to pay for allegedly misrepresenting the quality of mortgage-backed securities sold to Fannie Mae and Freddie Mac in the run-up to the financial crisis.
The post Nomura’s Penalty in Mortgage-Backed Securities Lawsuit Increased to $839 Million appeared first on DSNews.
In addition its lawsuit against JPMorgan, the city of Los Angeles is also pursuing lawsuit for nearly identical discriminatory issues with Bank of America Corp., Wells Fargo & Co, and Citigroup, Inc.
The post Los Angeles Drops Mortgage Discrimination Suit Against JPMorgan Chase appeared first on DSNews.
Freddie Mac has announced that as part of the periodic review, state foreclosure timelines have been extended in 34 of 55 jurisdictions for all foreclosure sales completed on or after August 1, 2015.
The post Freddie Mac Announces Extensions of State Foreclosure Timelines in 34 Jurisdictions appeared first on DSNews.
What is The Short Sale Specialist Network?
We are a nationwide network of Realtors® who are specialists in helping homeowners avoid foreclosure by working a short sale. We have created this site as an outlet for our referral and training programs, as well as to provide a resource for agents around the country to network with each other and discuss tactics and strategies in order to better work short sales.
A site by short sale Realtors®, FOR short sale Realtors®.
At The Short Sale Specialist Network, we also work with thousands of homeowners in financial hardship, educating and guiding them through the short sale process and directing them to a qualified, screened short sale agent in their area.
Basic membership is FREE!
Posted by Celeste O'Dea on August 29, 2015
Posted by Colleen J Couse on August 23, 2015
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