Search for: "New Line Mortgage"
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1 Nov 2023, 6:23 pm
We are living in strange times and strange is the new normal in a world where this writer borrowed $100,000 at almost 14% to buy a house in 1983 yet saw the new neighbors across the street get a mortgage at three percent 35 years later. [read post]
23 Oct 2012, 5:47 am
In that sense, being first in line can certainly be beneficial! [read post]
6 Aug 2019, 8:14 am
Usually, what the new servicer gets doesn’t include any loan history that you could audit; the new guy just gets a series of single numbers representing, supposedly, the bottom line number in each column. [read post]
2 May 2012, 7:19 pm
The basic idea of a cramdown is that a judge strips the loan into two parts: a secured loan, with a principal equal to the current value of the asset; and the equity line or the second mortgage usually an unsecured loan, with a principal equal to the rest of the original mortgage. [read post]
30 Apr 2008, 1:29 pm
Paul Star Tribune by Kenneth Harney, a nationally syndicated real estate columnist, that discusses the underwriting changes by Fannie Mae and Freddie Mac, and new restrictions being put into place by private mortgage insurers. [read post]
20 Jun 2008, 9:43 pm
The result is that we hear that the price is being driven up because of demand.Bill O'Reilly (Fox News) did a pretty interesting talking point on this subject, where he said:Bottom line: Oil is being artificially marketed, and because we all need oil to live, we must pay what the industry dictates because there is no competition.Add to this the oil speculators. [read post]
21 Jul 2011, 12:47 pm
For attorneys and home owners alike, this is actually good news. [read post]
28 Jan 2010, 1:00 pm
Part of the problem lies with restrictive rules that give holders of second mortgages and equity lines veto power over loan modification efforts. [read post]
29 Aug 2008, 8:01 am
Telling them now to deal with it on their own evokes a line from the now-classic comedy "Animal House": "You f_cked up. [read post]
5 Aug 2010, 1:08 pm
The new HAMP rules that went into effect June 1, 2010 greatly increased the attractiveness of Chapter 13 as a platform to obtain a HAMP mortgage modification. [read post]
23 Mar 2020, 8:15 am
Check on line for the latest from your lender/servicer. [read post]
6 Nov 2009, 4:49 am
But new federal consumer protections will increase the likelihood of finding a fair mortgage that you can afford for many years. [read post]
19 Sep 2013, 7:53 am
The bottom line-- there are many traps for the unwary. [read post]
19 Mar 2010, 11:15 am
Second, if you can qualify for a secured line of credit, start a new account and charge small amounts that you pay off within 30 days. [read post]
16 Jan 2015, 8:56 am
Ania Nowak, 48, Belvidere, New Jersey, a former real estate title agent, admitted carrying out a mortgage fraud scheme in which she obtained seven loans, totaling more than $3.7 million, on two properties located in Wood-Ridge, New Jersey and Belvidere, New Jersey. [read post]
19 Jun 2012, 11:29 am
And, they’ve been in the news so much lately, I’ll bet people are more aware of that fact than ever before. [read post]
11 Nov 2009, 4:18 pm
#5) The new rules ensure that consumers receive “good faith estimates” of the costs of a mortgage earlier in the application process and that the disclosures better explain the costs and terms of a loan. [read post]
14 Dec 2010, 5:57 am
The suspicion should be nothing new, but Consumers Union and the LA Times recently released warnings about reverse mortgages, and it’s worthwhile to repeat them here. [read post]
10 Apr 2008, 9:36 am
HT to the Trib for the photo of our rebooking line. [read post]
30 Dec 2014, 12:03 pm
The trustee hires a mortgage servicer to administer the mortgages. [read post]