NJ homeowners due $762M in foreclosure settlementNew Jersey homeowners will receive an estimated $762 million in direct relief as part of the $25 billion settlement between five mortgage lenders and 49 states, state officials said Thursday.State Attorney ...
NJ Homeowners Due $762M In ForeclosureNew Jersey homeowners will receive an estimated $762 million in direct relief as part of the $25 billion settlement between five mortgage lenders and 49 states, state officials said Thursday. State Attorney General Jeffrey Chiesa said the settlement provides for loan modifications and other forms of assistance, while also putting new standards in place for mortgage loan servicing.
NJ Has Backlog of Up to 100K ForeclosuresNew Jersey must work through a backlog of 50,000 to 100,000 unprocessed foreclosures because of delays caused by an investigation into how lenders handled the filings, said Richard Constable, acting commissioner of the state Community Affairs Department.
Maverick Funding Corp. Announces Additional Growth for Reverse Mortgage Network SubsidiaryFormer Great Oak Funding CEO Joshua Shein to join Maverick, launch new Maryland branch of RMNParsippany, NJ (PRWEB) February 07, 2012 Maverick Funding Corp. today announced that 27 employees, including 13 reverse mortgage loan officers and former CEO Joshua Shein, from Baltimore-based Great Oak Funding, are joining its subsidiary, Reverse Mortgage Network, headquartered in Parsippany, New Jersey ...