You are about to wire closing funds to the table, into the hands of a lawyer or settlement company employee you have never met before, but no worries because you have a Closing Protection Letter right
Well, it was inevitable. There is no time in American history when a crisis takes places and lawyers don't immediately circle the wagons like vultures seeking new prey.
To hear Congress and our presidential candidates tell the story, the recent collapse of the mortgage industry, which has fueled the largest number of property foreclosures since
At a time and place in the mortgage industry when the bottom line is getting awfully thin, lenders and brokers should remember that there are sources of revenue in the some very
As an attorney specializing in lender loss recovery in instances of mortgage fraud, I was shocked recently to learn that California has long held that title companies, acting as settlement agents,
A lenders worst nightmare is the thought of opening the mail one day
The current explosion in EPDs and repurchase demands has the mortgage industry in crisis mode.
Much has been written over the past few years about the growing threat of mortgage fraud.