Sentence examples for improper mortgage from inspiring English sources

Now the ethics committee has confirmed his longtime assertion that he did not receive an improper mortgage deal.

WALL STREET JOURNAL | DEALBREAKER Banks Given Chance to Settle Over Mortgages | Prosecutors have offered a number of large American banks a settlement opportunity for their alleged improper mortgage practices, in which a single multibillion-dollar payout would release them to some degree from legal responsibility for their actions.

In April, the bank agreed to pay $56 million to settle claims of improper mortgage practices when dealing with military borrowers.

Improper mortgage practices affecting military borrowers are "perhaps the most egregious cases," wrote five Democratic lawmakers in a joint letter Thursday to bank regulators.

Federal bank supervisors "could not provide a reliable estimate of the number of foreclosures that should not have proceeded," they said in their April report on improper mortgage servicing.

Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported on Tuesday.

Reports of improper procedures at mortgage servicers, like having officials sign thousands of documents a month — so-called robo-signers — also have set off a political furor.

He added that such pressuring is increasing, and in the process it is eroding the independent judgment of the appraisers and contributing to the ability of unscrupulous individuals to engage in improper and unsound mortgage loan practices.

The feds say he omitted income, took improper deductions for mortgage interest, maintenance and security at his residence, and shouldn't have written off a $51,950 loss on the sale of two antique cars.

The meltdown was caused, in large part, by improper rating of mortgage derivative securities ratings issued by the same companies ( Moody's and S&P's) that were saying which muni bonds were worth an AAA.

These "escalated complaints" often include the most serious allegations of misconduct, including improper fees, misapplied mortgage payments and a frustrating cycle of lost paperwork and unreturned calls.