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Mid America Mortgage is a multi-state mortgage lender helping borrowers refinance and purchase residential real estate in the United States.
A mortgage insured by the Federal Housing administration. fha home loans can help people get into your first home, refinance an existing home loan, or help you into a cash-out refinancing loan for improvements on your existing home even if they’ve had past credit issues.
Seeking Legal Help It is important to note that many people who commit mortgage loan fraud or loan modification fraud do so at the urging of a real estate agent hoping to close a deal. If you have any questions or concerns about mortgage fraud, it is a good idea to consult with an experienced criminal defense attorney or real estate attorney before making a potentially disastrous mistake.
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Introduction to the Mortgage servicing fraud scam. mortgage servicing fraud occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner’s property and equity.
By now many Americans are familiar with the "robo-signing" scandal and the mortgage industry’s mass production of false documents. According to Mains and his compatriots, the reason for this sort of.
"robosigned" documents – things were slowly improving. Now, consumers are concerned again. This time it is not fraud, but basic customer service, and it may be more about the borrowers than the.
The United States subprime mortgage crisis was a nationwide financial crisis, occurring between 2007 and 2010, that contributed to the U.S. recession of December 2007 – June 2009. It was triggered by a large decline in home prices after the collapse of a housing bubble, leading to mortgage delinquencies and foreclosures and the devaluation of housing-related securities.
Below is a sampling of NCLC class action litigation efforts in the areas of mortgage servicing and loan modifications. Information on other NCLC litigation can be found here. HAMP Trial Period Plan (TPP) Contract Claims NCLC, with its co-counsel, has filed five class action suits on behalf of Massachusetts residents to challenge the way the [.]