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Leadership Team | LoanCare
Leadership Team LoanCare
ServiceLink Leadership Team | Mortgage Services
ServiceLink Leadership Team Mortgage Services
Parties and Dockets
Parties and Dockets
Parties and Dockets
Parties and Dockets
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loancare consent order : CONSUMER FINANCIAL PROTECTION BUREAU ADMINISTRATIVE PROCEEDING File No. 2015-CFPB-0018 In the Matter of: LOANCARE, LLC. CONSENT ORDER The Consumer Financial Protection Bureau (Bureau) has reviewed certain acts and practices of LoanCare, LLC (Respondent, as defined below), regarding itsBryan O’Shaughnessy is the Senior Vice President of Outsource Services and Executive Business Manager at LoanCare, A ServiceLink Company. LoanCare, headquartered in Virginia Beach, Virginia, subservices over 1,000,000 loans in 50 states, totaling $200-plus billion in loan balances.– The Consumer Financial Protection Bureau (CFPB) took action today against Paymap Inc. and LoanCare, LLC for deceiving consumers with advertisements for a mortgage payment program that promised tens of thousands of dollars in interest savings from more frequent mortgage payments. Under the terms of the orders announced today, Paymap will ...LoanCare will pay $100,000 to the CFPB’s Civil Penalty Fund. Based on language contained in the consent order issued by the CFPB, LoanCare stopped using PayMap as far back as 2012.LoanCare must disclose that the source of any projected interest savings is the higher annual mortgage payment a consumer will make in such a program. Pay a $100,000 civil penalty: LoanCare will pay $100,000 to the CFPB’s Civil Penalty Fund. A copy of the consent order for Paymap filed today is available at:TEXT ORDER Upon letter application dated July 15, 2016, and it appearing that all counsel consent to the request to reschedule the in-person Initial Conference previously set for August 18, 2016, the Court hereby GRANTS the request. The new date and time of the in-person Initial Conference is September 23, 2016 at 10:00 a.m. in Room 2040 - Camden.CFPB took action today against Paymap Inc. and LoanCare, LLC for deceiving consumers with advertisements for a mortgage payment program that promised tens of thousands of dollars in interest savings from more frequent mortgage payments. Related documents. Consent Order. Stipulation. Press releaseMortgage payment company and servicer penalized for deceptive ads ... and LoanCare will pay a $100,000 civil penalty. ... Under the terms of the consent order, Paymap is required to: ...Title Data Portal. Important Information About Procedures for Opening a New Account To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.Miriam Moore is the Division President of Default Services for ServiceLink. In this role, she is responsible for the overall management and performance of the Loss Mitigation Title, Pre-Foreclosure Title, REO Title & Close, ServiceLink Auction, ASAP, Process Solutions and Field Services groups, as well as the expansion of default products and services to meet servicers’ strategic needs.
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