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Ditech, Fannie Mae sued over mortgage default inspection fees

Ditech Servicing, Green TreeLLC, Walter Financial Embezels mortgage payments to bail out Walter financial and profit Fannie Mae Rapid City South Dakota Print this Report Email this Report

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The servicer of a first lien mortgage loan must continue property inspections every calendar month until the foreclosure sale, the execution of a Mortgage Release, or the mortgage loan becomes current. Note: Fannie Mae will reimburse the servicer for all property inspections when the mortgage loan is delinquent.

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The lender assigned the mortgage loan to Fannie Mae, and the loan was serviced by Ditech Financial LLC. After the home was foreclosed on, Appellant filed suit. Appellant asserted common-law claims alleging that Fannie Mae was vicariously liable for deceit and negligent misrepresentation committed by Ditech employees.

A $200 fee for review and process is charged to certain mortgage loan customers, as permitted by applicable federal, state and local requirements. Easement Fee The right of use, or to cross over the real property of another.

If you do have a Fannie Mae or Freddie Mac loan, use this form to apply for a loan modification: Mortgage Assistance Application Form (FRM 710). If you do NOT have a Fannie Mae or Freddie Mac loan, use this form to apply for a loan modification: Request Loss Mitigation Application form or LMA.

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Also, the servicing fee generally is not intended to encompass certain additional work that the servicer performs at Fannie Mae’s request, e.g. performing certain property inspections on mortgage loans in default,

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You are leaving the ditech website and linking to the website of Assurant Insurance Agency. This link is provided for your convenience only in connection with your current mortgage loan, and is not intended to be provided in connection with any potential refinance or purchase loan transaction.

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