18 May 2012 03:23:16
Help For Those Hurt By Foreclosure Errors
Help For Those Hurt By Foreclosure Errors Yumanewsnow To be eligible, the mortgage must have been active in the foreclosure process between January 1, 2009 and December 31, 2010. The property securing the loan must have been your primary residence, and the mortgage must have been serviced by a mortgage ...
17 May 2012 10:20:50
Bank of St. Augustine signs agreement with regulators
Bank of St. Augustine signs agreement with regulators St. Augustine Record The OCC asked that the bank develop a plan to improve its capital position, Bell said. To get to an eight percent leverage ratio, he said, the bank needs to raise about $2 million in new capital, which it will do through the sale of additional stock as ...
15 May 2012 22:23:00
JPMorgan Ignored Risks in Pursuing Fail Whale Trade
JPMorgan Ignored Risks in Pursuing Fail Whale Trade Firedoglake There's a new leader at OCC, Thomas Curry, and in one of the first acts under his leadership, they let go Allonhill, the company that both created and was hired to audit foreclosure operations at Aurora Loan Services as part of the ongoing OCC ...
15 May 2012 06:12:28
OpExNow names Stephen Faulkner as Partner, Managing Director of Strategic ...
OpExNow names Stephen Faulkner as Partner, Managing Director of Strategic ... WebWire (press release) ... Business Process Optimization; Change Management, Operational Risk Management, and Regulatory Compliance and Quality Controls. OpExNow currently works with Servicers nationally to respond to the ongoing releases of government directives including ...
Ïîäðîáíåå: http://webwire.com/ViewPressRel.asp
12 May 2012 03:19:53
OCC Removes Allonhill From Independent Foreclosure Reviews
OCC Removes Allonhill From Independent Foreclosure Reviews BusinessWeek (WFC) (WFC), after a settlement required the mortgage servicers to have their foreclosures reviewed, the OCC said in a statement today. Allonhill self-reported that it had made prior reviews â of loans that are part of the same pool of loansâ in the ... Regulator Halts Work Of Consulting Firm On Foreclosure Review Allonhill dropped as OCC consultant
12 May 2012 03:15:48
OCC Removes Allonhill From Independent Foreclosure Reviews
OCC Removes Allonhill From Independent Foreclosure Reviews Bloomberg (WFC), after a settlement required the mortgage servicers to have their foreclosures reviewed, the OCC said in a statement today. Allonhill self-reported that it had made prior reviews â of loans that are part of the same pool of loansâ in the current ... Allonhill Responds to OCC Letter Regulator Halts Work Of Consulting Firm On Foreclosure Review
08 May 2012 03:23:44
How the Global Foreclosure Settlement Agreement Impacts Servicing Fees
How the Global Foreclosure Settlement Agreement Impacts Servicing Fees JD Supra (press release) The settlement's vendor management-related Servicing Standards are consistent with the overarching risk management principles articulated by the federal banking agencies for depository institutions subject to their jurisdiction (eg, OCC Bulletin 2001 ...
Ïîäðîáíåå: http://jdsupra.com/post/documentViewer.aspx
03 May 2012 01:44:32
OCC getting word out on Independent Foreclosure Review
OCC getting word out on Independent Foreclosure Review Wichita Business Journal The information will complement that on the OCC website. According to the OCC release, to be eligible for foreclosure review, the mortgage must have been active in the foreclosure process between Jan. 1, 2009, and Dec. 31, 2010. The property securing ...
28 Apr 2012 03:19:50
FIDELITY NATIONAL FINANCIAL, INC. - 10-Q - Management's Discussion and ...
FIDELITY NATIONAL FINANCIAL, INC. - 10-Q - Management's Discussion and ... Insurance News Net (press release) During 2010, a number of lenders imposed freezes on foreclosures in some or all states as they reviewed their foreclosure practices. In response to these freezes, the Office of the Comptroller of the Currency (" OCC ") is concurrently reviewing the ...
Ïîäðîáíåå: http://insurancenewsnet.com/article.aspx
24 Apr 2012 03:25:19
US probing money laundering in check processing
US probing money laundering in check processing Reuters While some of that was related to foreclosure issues, the increase primarily was related to anti-money laundering expenses. The US unit in 2010 was told by the OCC to increase monitoring systems to police suspect transactions. The extra costs come as ...