Wednesday , 21 October 2020

DS News

DS News

DS News Webcast: Friday 04/24/2015

By Francesca Shirk Bank of America has requested an appeals court to dismiss a 1.27 billion dollar court-imposed penalty against the bank over mortgage fraud and has also asked that the judge who imposed the penalty be removed from the case. The Charlotte, North Carolina-based megabank asked the 2nd U.S. Circuit Court of Appeals for the removal of Judge Jed …

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DS News Webcast: Monday 4/27/2015

By Jordan Funderburk Bank of America has requested an appeals court to dismiss a $1.127 billion court-imposed penalty against the bank over mortgage fraud and has also asked that the judge who imposed the penalty be removed from the case. The Charlotte, North Carolina-based megabank asked the 2nd U.S. Circuit Court of Appeals for the removal of Judge Jed Rakoff …

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Investment Advisor Releases White Paper In Ocwen’s Defense

By Brian Honea In response to accusations from institutional investors against Ocwen Financial of “failure to perform,” investment advisor LL Funds has come to the defense of the embattled mortgage servicer in the form of an independent 26-page white paper titled “In Defense of Ocwen Servicing” released Friday. The post Investment Advisor Releases White Paper In Ocwen’s Defense appeared first …

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Enhancements to HUD’s Distressed Asset Program Give Borrowers More Protection

By Brian Honea The U.S. Department of Housing and Urban Development (HUD) on Friday announced significant changes to its Distressed Asset Stabilization (DASP) program meant to offer more protections to borrowers facing foreclosure and increase non-profit participation in purchasing distressed loans. The post Enhancements to HUD’s Distressed Asset Program Give Borrowers More Protection appeared first on DSNews. Via:: Enhancements to …

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Counsel’s Corner: The Fight Over Legality of Super-Priority Liens Is Far From Over

By Brian Honea Counsel’s Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Kristin Schuler-Hintz from the Nevada office of McCarthy Holthus. The post Counsel’s Corner: The Fight Over Legality of Super-Priority Liens Is Far From Over appeared first …

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