Sentence examples for pattern of mortgage from inspiring English sources

Mr. Schneiderman's office, people briefed on the matter said, had pushed Wells Fargo to acknowledge a systematic pattern of mortgage servicing errors and to commit to a new agreement codifying changes to the way the bank services mortgages.

In the case of Ms. Wragg, who bought her dream house near Flatbush Avenue, she and her legal services lawyers say that she was ensnared in a scheme of the type that the F.B.I. has described as a common pattern of mortgage fraud -- "property flipping" -- in which properties were bought and resold at high prices, supported by excessive appraisals, and often resulting in foreclosure.

The lawsuits, filed on Dec. 13, accuse the banks of engaging in a "continuous pattern and practice of mortgage discrimination in Miami" since at least 2004 in violation of the U.S. Fair Housing Act of 1968, according to a court filing.

The city of Los Angeles accused banking giants Wells Fargo & Co. and Citigroup Inc. of a "continuous pattern and practice" of mortgage discrimination that led to a wave of foreclosures, reduced property tax revenue and increased costs for city services.

The city alleges that Bank of America "engaged in a continuous pattern and practice of mortgage discrimination in Los Angeles since at least 2004" by demanding different terms or conditions on loans that "vulnerable" borrowers could not afford, according to the complaint filed Friday in federal court.

Yet economists who have looked at the pattern of payments on subprime mortgages point out that even when house prices topped out and then began to fall, not all subprime borrowers defaulted.

The civil lawsuit, according to The Times, cites "a broad pattern of misconduct in the packaging and sale of mortgage securities during the housing boom".

The federal mortgage task force that was formed in January by the Justice Department filed its first complaint against a big bank on Monday, citing a broad pattern of misconduct in the packaging and sale of mortgage securities during the housing boom.

The federal mortgage task force that was formed in January by the justice department filed its first complaint against a big bank Monday, citing a broad pattern of misconduct in the packaging and sale of mortgage securities during the housing boom.

The regulators were concerned not only about individual banks but also about the systemic risks associated with excessive industry-wide concentrations (of commercial real estate or nontraditional mortgages) or an industry-wide pattern of certain practices (for example, in underwriting exotic mortgages).

Among its many fines and violations, Morgan Stanley recently signed a Consent Order with the Federal Reserve regarding its "pattern of misconduct and negligence in residential mortgage loan servicing and foreclosure processing".".