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NEW YORK (TheStreet) – The investigation of the nation’s largest banks’ force-placed insurance activities against homeowners – if true – could have easily been avoided if bank executives just.

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McGregor MacMahon: veracity millet. The parent of mortgage lender stearns Lending filed for bankruptcy after agreeing with majority owner Blackstone Group to a debt-restructuring plan that will erase more than $180 million in bond. Paying Off Your Mortgage Years Ahead Of Time Mortgage Masters Group Strategies for paying your mortgage off early.

McGregor MacMahon: veracity millet The bank moved to seize a widow’s home. But it didn’t tell her the loan was insured. As it moved to seize home, bank never told widow her loan was insured | fort worth star-telegram. bank never told widow her loan was insured.

Because average losses on foreclosed home sales were roughly 55%, FHA does not want to take the income hit were it to foreclose on more expensive insured loans.