Errors and slowdowns at mortgage servicers can leave home owners in a lurch (The Journal News)
Story date: 2007-10-06 11:46:15
Added on: 2007-10-07 00:59:37
But as the housing slowdown ravages the mortgage sector, millions of servicing contracts are changing hands as parent companies go bankrupt or pare back their lending activities. Amid the turmoil, even homeowners who pay their mortgages on time face the real possibility of falling behind on insurance or property tax payments because of clerical errors at the servicer.
Read more...
Related Stories:
-
Beware mortgage servicing errors
Buffalo News - The companies are an integral part of the complex mortgage sector with a relatively simple role, like a corporate...
2007-10-07 04:27:00 -
Loan servicers make it harder (Long Island Business News)
As the housing crash ravages the mortgage sector, millions of servicing contracts are changing hands as parent companies go bankrupt or pare...
2007-10-03 06:00:44 -
Fix Those Errors on Your Credit Report (TheStreet.com)
If you've got errors in your credit history, follow these steps to fix them....
2008-05-20 09:18:16 -
Mortgage servicing errors leave home owners hanging (The Arizona Republic)
Even home owners who pay on time face the real possibility of falling behind on insurance or property tax payments.{l} Real estate...
2007-10-02 12:23:45 -
NovaStar to sell mortgage loan servicing rights for $175 million
KSLA - Fort Worth, Texas-based Saxon will take over the responsibility of servicing mortgage loans NovaStar made and sold to investors through...
2007-10-16 03:36:00 -
Countrywide executive admits loan officers made errors - Los Angeles Times
WASHINGTON -- Mortgage lender Countrywide Financial Corp., which is under investigation on allegations that it inflated certain borrowers' fees, acknowledged Tuesday that...
2008-05-06 09:29:00 -
Report errors threaten sale
Detroit Free Press - Dear David: I signed a contract to purchase a home last month and then went shopping for a...
2007-09-29 11:56:00 -
Public sector workers threaten strikes over pay (Christian Today)
Unions representing millions of public sector workers threatened strike action over pay on Monday warning Prime Minister Gordon Brown current policies could...
2008-06-09 09:09:11