NEW YORK, Feb. 7, 2012 /PRNewswire/ – American Loan Compliance, America’s leading loss mitigation and commercial mortgage loan audit report experts, were recently featured in the press showcasing the advantages to having loans investigated prior to negotiating terms on restructuring real estate loans. The experts interviewed and featured are dedicated to spreading knowledge, educational products, tools and awareness in their field of expertise and making significant contributions to the mortgage loan modification, real estate finance and mortgage violation audit and analysis industry and the marketplace as a whole.
(Logo: http://photos.prnewswire.com/prnh/20120207/LA48812LOGO)
American Loan Compliance (ALC), specializes in strategic mortgage compliance analysis and audit report services and has recently opened its doors to consumers allowing homeowners seeking mortgage assistance and loan modification to obtain these services direct. Viewed as America’s most knowledgeable, proven and experienced mortgage compliance auditing firms to correspondent lending institutions, federal banking associations, law firms, wholesale lenders and direct lending institutions across the country. American Loan Compliance will concentrate their efforts on helping the general population more effectively obtain accurate investigative mortgage audit reports and ensure clarification on enforceable loans. A very effective and experienced management team that is sure to make a huge impact in an industry with an ambiguous reputation in anxious need of assistance leads the dynamic force overseeing operational management at the private held company.
American Loan Compliance has shifted momentum, acting as a national strategic investigative analysis and enforcement management firm which provides professional, advisory, and consulting services to financial institutions, consumer protection, financial and regulatory agencies, including mortgage bankers, real estate attorneys, commercial and retail lending entities, and property owners. American Loan Compliance sets the standard in mortgage compliance in the United States providing a variety of audit reports no other firm has come close to close its competitive advantage in an ambiguous industry in demand for supplemental mortgage loan analysis and homeland assistance. The quality control behind closed doors, displays strategic expertise and addresses all critical areas associated with American mortgage loan compliance regulatory matters, observance and quality control in U.S. residential and commercial real estate mortgage finance. American Loan Compliance can assist clients in meeting the oversight of regulators, fair lending mandates and maintaining internal lending integrity and validation practices through independent quality control audit reports.
American Loan Compliance will provide you with the evidence and support you can trust to help you seek better loan modification terms, restructuring of new terms via loan workouts, principal/rate reductions, or continued discovery. With the greatest potential to alleviate “normal modification” setbacks and re-occurrence of default, qualified and objective evidence helps simplify negotiations and stay using the information and support provided by American Loan Compliance.
A 2009, FDIC Office of Inspector General Report revealed:
83% of the institutions examined were cited for “significant” compliance violations
43% of those institutions were “repeat offenders”
85% of those repeat offenders were highly rated by the FDIC for their in-place compliance process
The other importance of the mortgage loan audit findings is that it may be the grounds to help move a non-judicial foreclosure action (currently in 29 states), if necessary, into jurisdiction, which can stop foreclosure in its tracks. More importantly, borrowers regardless of financial hardship and payment history now have the chance for a better position to negotiate new terms or loan settlement. Violations found in a loan audit can help place the borrower in the offense! We at American Loan Compliance help legal professionals navigate through the process with our learning channels, which we find critical for those legal advisors that are looking to make the audit solution part of their business practice. Information is only as good as the ones that know how best to use it
The driving force behind American Loan Compliance consist of executive and management teams which include best-selling authors and speakers who are regularly sought out by the media to give expert opinions. Many have been featured on NBC, CNBC, CBS, ABC and FOX affiliates as well as seen in USA Today, Newsweek, Forbes, Market watch, Ask The Experts©, Los Angeles Business Journal and the Wall Street Journal. American Loan Compliance mission is homeland assistance from business to consumers, ensuring the most intelligent solutions and accurate analysis obtained via their flagship mortgage compliance analysis reports. Audit Reports allow the ability and vision to direct arbitration on residential and commercial mortgages and through strategic analysis ensure enforcement of mortgage loan modification and payment assistance at the best results attainable.
American Loan Compliance has collaborated with other established agencies and most recently, Homeland Assistance Agency based in Washington D.C. and the Federal Relief Organization based in Los Angeles. This collaboration of powerhouse agencies has vowed to allow consumers a unique option of working with trusted and proven sources as a one stop merger of industry experts to determine and proceed with their ultimate goals related to the property in distress, in need of assistance or available for more lucrative cash flow options.
American Loan Compliance is located in New York City, New York. Their corporate address is 1330 Avenue of the Americas, Floor 23A, New York City, NY 10019. For more information about American Loan Compliance, please visit http://www.AmericanLoanCompliance.com for consumer information. Please visit www.AmericanLoanCompliance.info for general information or call (888) 929-2829.
http://tourism9.com/ http://vkins.com/
2012年2月8日星期三
2012年1月14日星期六
Hometownstations.com-WLIO- Lima, OH News Weather SportsAP source: House Republicans got discounted loans
By LARRY MARGASAK
Associated Press
WASHINGTON (AP) – Two veteran House Republicans received discounted mortgage loans from the now-defunct Countrywide Financial Corp. under a VIP program, a congressional official said Friday.
The discounts went to Reps. Howard McKeon and Elton Gallegly of California, said the official, who was not authorized to speak publicly about the loans and requested anonymity. Their identities were first reported by The Wall Street Journal.
The House Oversight and Government Reform Committee has been investigating whether members of Congress received VIP discounts. The Associated Press reported previously that four House members had received the discounts. One of the four remains unidentified publicly.
Records show that Rep. Edolphus Towns, D-N.Y, also received discounts. Towns told the AP previously that he was not aware of receiving any discounts. McKeon and Gallegly told the Journal that they also were not aware of receiving discounted loans and did not know their mortgages were processed by the VIP unit.
The Journal said the 1998 loan to McKean, who is chairman of the Armed Services Committee, totaled $315,000. Gallegly’s 2005 loan totaled $77,000 in 2005.
Rep. Darrell Issa, R-Calif., chairman of the oversight committee, informed both lawmakers that documents received from Bank of America – it bought Countrywide – showed they went through the special unit.
Issa has sent the information to the House Ethics Committee, which determines whether House members violated standards of conduct. A discounted loan could be considered a gift. Gifts are virtually banned under House rules.
None of the lawmakers has been accused by the ethics panel of any wrongdoing, and may never be if they convince investigators they had no knowledge of the discounts.
Countrywide was the nation’s largest mortgage company and played a major role in the U.S. financial crisis by issuing subprime loans. The company also had its VIP program, with some of the favored customers known as “Friends of Angelo” – a reference to chief executive Angelo Mozilo.
Mozilo in 2010 agreed to more than $67 million in penalties in a settlement with the Securities and Exchange Commission.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Associated Press
WASHINGTON (AP) – Two veteran House Republicans received discounted mortgage loans from the now-defunct Countrywide Financial Corp. under a VIP program, a congressional official said Friday.
The discounts went to Reps. Howard McKeon and Elton Gallegly of California, said the official, who was not authorized to speak publicly about the loans and requested anonymity. Their identities were first reported by The Wall Street Journal.
The House Oversight and Government Reform Committee has been investigating whether members of Congress received VIP discounts. The Associated Press reported previously that four House members had received the discounts. One of the four remains unidentified publicly.
Records show that Rep. Edolphus Towns, D-N.Y, also received discounts. Towns told the AP previously that he was not aware of receiving any discounts. McKeon and Gallegly told the Journal that they also were not aware of receiving discounted loans and did not know their mortgages were processed by the VIP unit.
The Journal said the 1998 loan to McKean, who is chairman of the Armed Services Committee, totaled $315,000. Gallegly’s 2005 loan totaled $77,000 in 2005.
Rep. Darrell Issa, R-Calif., chairman of the oversight committee, informed both lawmakers that documents received from Bank of America – it bought Countrywide – showed they went through the special unit.
Issa has sent the information to the House Ethics Committee, which determines whether House members violated standards of conduct. A discounted loan could be considered a gift. Gifts are virtually banned under House rules.
None of the lawmakers has been accused by the ethics panel of any wrongdoing, and may never be if they convince investigators they had no knowledge of the discounts.
Countrywide was the nation’s largest mortgage company and played a major role in the U.S. financial crisis by issuing subprime loans. The company also had its VIP program, with some of the favored customers known as “Friends of Angelo” – a reference to chief executive Angelo Mozilo.
Mozilo in 2010 agreed to more than $67 million in penalties in a settlement with the Securities and Exchange Commission.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2011年12月30日星期五
Google under fire for travel search placement
Searching for flights on Google.(Credit: Josh Lowensohn/CNET)
The Wall Street Journal today points to a practice begun by the search giant earlier this month, which provides results for travel-related searches–such as domestic flights–from right within Google, as opposed to pointing searchers towards places like Priceline, Expedia, and Orbitz.
The move poses a serious threat, the Journal says, for these competing travel sites, which can depend on Google for 10 percent to 20 percent of their incoming traffic. With the newer technique of putting links to airline sites right up top, there’s a chance visitors won’t scroll down to try their search from one of these other sites, the Journal argues.
Google made serious moves to get into the travel business in the middle of last year, announcing plans to buy travel software company ITA as part of a $700 million deal. ITA’s core business is curating and indexing prices, flight schedules, and open seats, and offering the data to partners. When Google first announced plans to buy the company, it said it intended to use ITA’s technology to let users buy tickets directly from its search pages.
The 500-person company has relationships with airlines and travel agencies and can be found powering sites like Kayak, Hotwire, and Orbitz–many of which opposed the deal.
In April, Google and the Justice Department announced that a deal had been struck, granting Google the right to acquire ITA. But that deal came with strings attached, including that Google continue to license ITA’s technology to competitors for five years, and pass along any complaints from competitors about their listings not receiving fair placement on Google’s results pages.
In October, a federal judge approved the consent decree between Google and the Justice Department.
The Journal points to a statement made by Google vice president, and ITA founder, Jeremy Wertheimer last month, in which he said that airlines refused to give the company data about flights if that information was linked up to travel agencies as opposed to the airliners’ own sales sites. Google declined further elaboration on that point, the Journal said.
Worth pointing out is that Microsoft has a similar practice of putting travel results on the top of its Bing search pages, as it’s done since March of this year. However that technology is a partnership with Kayak, as opposed to Microsoft’s own travel tools. The Journal notes that Bing brings in “less than a quarter of Google’s audience,” giving the practice less of an impact.
This article is from http://tourism9.com/
订阅：
博文 (Atom)