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Loan Modification
: Mortgage Lender Implode-o-MeterFCS Lenders to Merge
By Implode-Explode Heavy Industries
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"U.S. AgBank and CoBank, two of the five banks in the Farm Credit System, intend to pursue a merger in 2011."Full post as published by Mortgage Lender Implode-o-Meter on December 16, 2010 (boomark / email).
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Merge to pay $250,000 upon settling derivative lawsuit.
Lenders Fined
Ryland Group Inc. settles $370,000 questionable lending suit.
Loan Backers
Mortgage Lenders Network pays $855,000 bankruptcy settlement for unfunded mortgages.
Merge Healthcare Inc.
$16 million settlement reached in consolidated securities class action lawsuit.
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