Nov 19, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary

LIVINGLIES-GARFIELD CONTINUUM BLOG

by Brian Davies, Esq.

HERE IS THE MORTGAGE SERVICING NEWS FOR TODAY.

http://www.scribd.com/doc/43335482/Mortgage-Servicing-News-11-19-10-oversight-agenices-investigating-foreclosure-practices-IT-IS-2-YEARS-LATE-THEY-ARE-ALL-WORTHLESS-INBREDS

PAUL NGUYEN WINS TRO IN BK COURT AFTER MOTION FOR RELIEF GRANTED.

http://www.scribd.com/doc/43267693/PAUL-NGUYEN-GETS-TRO-Granted-After-Motion-for-Relif-From-Stay-Granted

All four federal bank regulatory agencies are conducting targeted exams of foreclosure practices and policies involving on-site examinations and the sampling of loan files at depositories that control a large portion of the nation’s $9.9 trillion in housing receivables.

The joint investigations being conducted by the Federal Deposit Insurance Corp., Federal Reserve, the Office of the Comptroller of the Currency, and Office of Thrift Supervision were revealed in prepared testimony from Fed governor Elizabeth Duke, who is scheduled to testify before a House subcommittee late Thursday morning.

Also, the Federal Housing Administration is surveying its largest servicers to obtain detailed information about their foreclosure practices, document handling and title clearance operations. On-site servicer inspections are scheduled for the first two weeks of December, said FHA commissioner David Stevens.