Tag Archives: Comptroller Of The Currency

Banks Pay Big for Robo-Signing…Again

The settlement is the result of an independent foreclosure review ordered by the Office of the Comptroller of the Currency in 2011. It required banks to hire independent auditors to go back over loans from 2009 and 2010 to look … Continue reading

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Strong Housing Numbers, Still Slow Recovery

The number of home buyers signing contracts to buy existing homes jumped nearly six percent in May to the highest level since April of 2010, according to a new report from the National Association of Realtors. Back then buyers were … Continue reading

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Challenge Your Foreclosure Now

It’s late, and it’s limited, but for borrowers who feel their homes were wrongly or inappropriately foreclosed upon in 2009 and 2010, there is now recourse. As part of a larger enforcement action (so-called “consent orders”) taken last April against … Continue reading

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Federal Regulators Hit Banks on Mortgage Practices

It’s not the big penalty from the fifty state attorneys general, but it will hit big bank bottom lines in a big way. The Office of the Comptroller of the Currency, the Federal Reserve and the Office of Thrift Supervision … Continue reading

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Banks Fight Mortgage Principal Reduction

At the end of a day-long negotiation session over the foreclosure paperwork mess at the Department of Justice, Iowa Attorney General Tom Miller and Associate Attorney General Thomas Perrelli came out for a brief chat with reporters. They essentially said … Continue reading

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