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Lend America was an American mortgage lending company based on Melville, New York that operated until it was closed in 2009. The company used cable television infomercials and toll-free numbers to promote its services which include refinancing of mortgages with fixed-rate loans guaranteed by the Federal Housing Administration. [1]
A review of her testimony shows she later clarified that she was not comfortable testifying about the circumstances under which original loan documents would move, or whether and to what extent ...
The Countrywide financial political loan scandal in 2008-2009 involved U.S. politicians who allegedly received favorable mortgage rates.. In June 2008 Conde Nast Portfolio reported that numerous Washington, DC politicians over recent years had received mortgage financing at noncompetitive rates at Countrywide Financial because the corporation placed the officeholders in a program called "FOA's ...
Matthew Bevan "Matt" Cox (born July 2, 1969) is an American former mortgage broker and admitted mortgage fraudster and con man. Cox, also a true crime author, wrote an unpublished manuscript entitled The Associates in which the main character traveled the country to perpetrate a mortgage fraud scheme similar to the one Cox ran.
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On July 18, 2011, the Associated Press and Reuters [18] released two reports that robo-signing continued to be a major problem in U.S. courtrooms across America. The AP defined robo-signing as a "variety of practices. It can mean a qualified executive in the mortgage industry signs a mortgage affidavit document without verifying the information.
A closing disclosure is a set of documents that contains the finalized details of your mortgage. Mortgage lenders are required to furnish the closing disclosure at least three business days before ...
Ellie Mae Inc., originally named Electronic Mortgage Affiliates, [1] is a software company that processes 35% of U.S. mortgage applications. [2] The services are based on a software as a service model (SaaS), [3] and specializes in originating and funding new mortgage loans and facilitating regulatory compliance.