Why Now Is the Perfect Time For a Radical Labor Movement – Subprime mortgages, student debt, credit card. rates and cut off capital if public officials don’t institute austerity by cutting pensions, slashing services, and laying off workers. By exposing.
MERS (What's in your mortgage?) – The Florida Foreclosure. – However, if you haven’t yet signed your mortgage, it’s something you need to be aware of, and if you already have a mortgage with MERS in it, you need to know that these issues exist if you ever find yourself facing a foreclosure action. Read the whole "What’s In Your Mortgage" series here.
Calafia Beach Pundit – A few things stand out. For one, more debt does not necessarily lead to higher interest rates. In fact, the relationship appears to be just the opposite: interest rates tend to rise as debt burdens fall, and vice versa. Second, beginning in late 2008 the burden of federal debt has.
Quicken Loans parent company Rock Holdings acquires Canadian fintech company Lendesk Detroit-based Rock Holdings Inc., parent company of Quicken Loans, has signed an agreement to acquire LowerMyBills and ClassesUSA from their parent, Core Digital Media.. Terms of the acquisition were not made public. However, the LowerMyBills and ClassesUSA executive leadership will remain in place and the companies will continue to operate from their Los Angeles headquarters.
Industry Insights – Credit Unions – Although credit card penetration rates held steady at 17.3%, credit card loan balances increased 9.1% annually.. thoughtful tweaks on the credit union’s part can lead to smarter choices from members. 5 Design Elements That Influence Member Behavior.. Check out trends in the mortgage industry, including state leaders.
Todd Mobraten announces resignation from USRES, RES.NET RES.NET Taps David Sadowski As Sales Manager | Business Wire – RES.NET Taps David Sadowski As Sales Manager. our vision for the industry," said Todd Mobraten, COO and president of RES.NET. "The addition of David to our leadership team will be.· The policy change would have affected borrowers whose national credit bureau files have one or more collections or disputed-bill accounts where the aggregate amounts were $1,000 or greater. Some mortgage industry experts estimate that if the now-rescinded rules had gone into effect, as many as one in three fha loan applicants would have had.The recent surge of South florida foreclosure filings is beginning to slow down, according to data from RealtyTrac. While the number of tri-county properties with foreclosure filings rose for the.
States Fight Back Against MERS Mortgage Fraud | Zero Hedge. – States Fight Back Against MERS Mortgage Fraud. For those of you wondering why so many localities are broke, here’s one small factor in the revenue drain. Counties typically charge a small fee for mortgage registration, roughly $30. But with MERS, you don’t need to pay the fee every time there’s an ownership transfer.
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PDF Rules of Mortgage Electronic Registration Systems, Inc – vJune2009 16. proceeding regarding a loan registered on the MERS System that is shown to be registered to the Member, (v) to take such actions as may be necessary to fulfill such Member’s servicing obligations to the beneficial owner of such mortgage loans (including mortgage loans that are removed from the MERS. .