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Liberty Reverse Mortgage hit with class-action suit alleging violation of California labor laws

Housing Wire

Liberty Reverse Mortgage , a top 10 reverse mortgage lender owned by Ocwen Financial Corp. and its subsidiary PHH Mortgage Corp., This includes compensation for meal and rest periods that were allegedly unfulfilled, as well as expenses incurred by the class for their job duties and any legal fees that may arise from the case.

Law 330
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DOL accuses PrimeLending of violating whistleblower provisions

Housing Wire

Department of Labor announced on Wednesday that they found that PrimeLending , a Texas-based retail mortgage bank, violated whistleblower provisions in a case involving two employees who raised consumer fraud concerns. mortgage lender in 2023. Investigators at the U.S. The company’s estimated origination volume was $8.24

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Two Southern banks complete mortgage eNote transfer

Housing Wire

An eNote is a digital version of the promissory note which must meet the requirements of electronic transaction laws. eNotes contain the same information as a traditional mortgage note – on paper – but they are created, signed and stored digitally. Going forward, FHLBank Atlanta will accept all eNotes, per bank officials.

Mortgage 238
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First-Time Homebuyers Incentive Changes: What You Need to Know

D Fritz Appraisals

As of May 3rd, 2021, new updates to the Canada Mortgage and Housing Corporation (CMHC)’s First-Time Homebuyers Incentive have come into effect. Victoria is now one of the few cities that has been given enhanced eligibility criteria to help you qualify for a lower monthly mortgage payment. First-time homebuyers, we have great news!

Insurance 142
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Selling Your Home Due to a Divorce

Eppraisal

That person will also have to be approved for a mortgage based on his or her own income, credit and other financial considerations. This will require a very thought-out strategy on how the mortgage payments will be divided, how the utilities and taxes will be paid, and so on. A quit claim deed is simply a transfer of ownership.