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October 10, 2015
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Second Mortgage Loans
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Second Mortgage Loans

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Real Estate and Home Loan News

OCC releases promising second quarter mortgage report
12 USC Section 2605 or Section 6 is titled Servicing of mortgage loans and administration of escrow accounts. It pertains to qualified written requests, notices of transfer of servicing and the administration of escrow accounts. An arrangement that ...

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Investment Analysts' Weekly Ratings Updates for Pacific Premier Bancorp (PPBI)
Dakota Financial News
The company originates, purchases, sells, securitizes and services primarily non-conventional mortgage loans principally secured by first and second mortgages on one- to four-family residences. The Company makes Liberator Series loans, which are for ...

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Moody's upgrades $103 million of RMBS backed by second-lien loans (press release) (subscription)
New York, October 07, 2015 -- Moody's Investors Service has upgraded the ratings of 20 tranches from 13 RMBS transactions backed by second lien mortgage loans. Complete rating action is as follows: Issuer: Irwin Whole Loan Home Equity Trust 2005-B.

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News»Top Stories» Fifth Third to pay $85M in mortgage fraud case
WKRC TV Cincinnati
The US attorney in Manhattan said Fifth Third must pay $85 million for failing to report defective mortgage loans to FHA in a timely manner. Officials said the locally-based bank knew more than 1,400 loans it certified did not qualify for federal ...

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Real Estate Weekly

Transactions: Meridian's $5M mortgage for Central Park North property, GCP ...
Real Estate Weekly
A first and second mortgage loan were established totaling $5,500,000 for two adjacent walkup multifamily apartment buildings located Manhattan's Greenwich Village. The term of the loan is five years with a five year option with the interest rate for ...

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