Posts Tagged “Early September”

News Sources wrote an interesting post today on
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There has been some controversy and speculation that banks are holding onto foreclosed properties — rather than releasing them back into the marketplace, and are foreclosing on borrowers who have, or could have, qualified for a loan modification. We’re still receiving comments on the story that we wrote on this exact subject back in early September. Our article titled “ Making Home Affordable’s Impact on Foreclosure Sales ” is concerning an interview CNBC had with a Bank of America (BofA) repr

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News Sources wrote an interesting post today on
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The Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervison’s (OTS) Mortgage Metric Report for the second quarter of 2009 has been released (rather quietly might we add), and while many aspects of the report were widely expected, there was one new inclusion that particularly caught our attention. In early September we warned that the pending resets of interest-only adjustable-rate mortages (ARMs) posed a significant threat to the long-term recovery of the hous

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News Sources wrote an interesting post today on
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That’s what has been put to a New York Times writer Miguel Helft in a fresh blog post. Helft drew attention that the online mortgage loan firm Lending Tree was so much involved in legal proceedings against Mortech – the company which is providing its web technology. A case in a court involves this claim: “Lending Tree recently learned that Google (GOOG) imminently plans to launch a loan aggregation service in late August or early September of this year that would compete with LendingTree. …

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News Sources wrote an interesting post today on
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LendingTree, which allows prospective borrowers to get quick offers from multiple lenders, claims Google is about to get into the same business.A LendingTree lawsuit against a separate technology provider claims that it has learned Google plans to launch such a service later this month or in early September. The lawsuit claims that LendingTree has received screen shots - pictures of a computer screen - showing a trial version of Google’s service that indicate Google will give customers loan offe

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News Sources wrote an interesting post today on
Here’s a quick excerpt
A LendingTree lawsuit was filed against Mortech , a company that provides some of the technology that powers the LendingTree service. LendingTree claims that it has learned Google plans to launch a consumer mortgage quotes and conditional loan offers site later this month or in early September. The complaint that Mortech plans to make its technology available to Google, would be a violation of a contract between LendingTree and Mortech. “LendingTree recently learned that Google imminent

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