Bankruptcy
Latest Posts
Schumer Blasts “Vulture Mentality” of Servicers, Suggests BofA Reconsider Countrywide Deal
May 07, 2008A Senate Judiciary subcomittee hearing on Tuesday became the latest example of the scrutiny now being placed on default servicing practices within the mortgage banking industry — with an academic, a U.S. Senator, former owners, and a well-known Chapter 13 Trustee piling it on over alleged abuses of the bankruptcy process by the nation’s largest servicer.
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Senate Panel to Look at Foreclosure Management Practices
Apr 29, 2008 -
ResCap Cut By Moody’s, Borrows $468 Million from GMAC
Apr 24, 2008 -
Freddie Mac: Servicers Need to Diversify Foreclosure, Bankruptcy Referrals
Apr 17, 2008 -
Federal Judge Green-Lights Countrywide Probe
Apr 02, 2008 -
Chase Makes Cuts in Subprime Lending Group
Mar 24, 2008 -
Fremont Sells Servicing Rights Back to Carrington Affiliate
Mar 21, 2008 -
Security Capital Dodges the Dreaded “Going Concern” Opinion
Mar 14, 2008 -
Bear Stearns Drops on Cash Crunch Rumors
Mar 10, 2008 -
When Even Agency-Backed MBS Investments Aren’t Safe: A Look at Carlyle Capital
Mar 10, 2008 -
JP Morgan: “Systemic Credit Crunch” Underway
Mar 10, 2008
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