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These divergent trends are coupled with a quiet revolution in American home financing: Nearly half of mortgages now do not originate from traditional banks. [read post]
6 Jan 2019, 4:45 am by SHG
If my math is correct, she bought a $312,500 home and put down $62,500 with the $250,000 mortgage running around $1817.00. [read post]
4 Jan 2019, 11:40 am by Aurora Barnes
Federal Home Loan Mortgage Corp. 18-670 Disclosure: Goldstein & Russell, P.C., whose attorneys contribute to this blog in various capacities, is among the counsel to the petitioner in this case. [read post]
1 Jan 2019, 5:10 pm by Ben Vernia
On December 21, the Department of Justice announced that during 2018, it had recovered more than $2.8 billion under the False Claims Act. [read post]
29 Nov 2018, 11:58 am by Wolfgang Demino
Unlike with securitized mortgages, there were no homes as secured real assets to foreclose on, leaving collection lawsuits against borrowers and cosigners, followed by execution on nonexempt assets and garnishment, as forcible collection tools. [read post]
30 Oct 2018, 1:14 pm by ccollins
Wendy and Jeffrey then allegedly used the money for the company’s payroll and operating costs, as well as to pay for their own expenses, including home decor, mortgage payments, escrow payments, and farming equipment. [read post]
3 Oct 2018, 8:01 am by Overhauser Law Offices, LLC
SAVAGE 5 SAVAGE 25 PREVENTING LOSS THROUGH EDUCATION AND AWARENESS TSDR 5559178 OLD NATIONAL BANKING WEALTH MANAGEMENT MORTGAGE INVESTMENTS TSDR 5559035 OLD NATIONAL WEALTH MANAGEMENT TSDR 5558932 AMERICA’S ROLE IN THE WORLD TSDR 5558903 RX HELP CENTERS TSDR 5558900 JGFINDS TSDR 5558854 MAD ANTHONY BREWING COMPANY TSDR 5562401 CONNER’S KITCHEN + BAR TSDR 5562313 SILENTMAX CONNECT TSDR 5562102 GRAHAM THE EMPIRE TSDR 5562100 GRAHAM THE EMPIRE TSDR 5562877 EMEDCERT TSDR… [read post]
11 Sep 2018, 4:00 pm by Joe Glantz
For these reasons mortgage and loan companies often charge much higher interest rates on the foreign purchase of real estate than if the purchase was made by someone in America. [read post]
14 Aug 2018, 1:25 pm by Larry Tolchinsky
Bank Fails to Follow Federal Law Covering Home Loans The home loan industry is heavily regulated, and many different federal laws have been passed by Congress not only to help borrowers get home loans but to oversee the actions of mortgage lenders. [read post]
12 Aug 2018, 8:39 am by Christie D. Arkovich, P.A.
During the financial crisis, many banks, especially Bank of America, N.A., received credit under the National Mortgage Settlement Act when they wrote off an underwater second mortgage. [read post]
7 Aug 2018, 6:00 am by Kevin Kaufman
Under the new tax law, new limits apply to some itemized deductions, including deductions for state and local taxes paid and mortgage interest, which broadens the tax base and reduces distortions in the tax code. [read post]
9 Jul 2018, 3:53 pm by Law Lady
Wilcox v. corrections Corp of America Docket:17-11919 Opinion Date: June 25, 2018 Judges: TJOFLAT, ROSENBAUM, and BRANCH Areas of Law: Civil rights, Employment discrimination, Sexual harassment Employer could not be held directly liable for harassing acts of co-employee who was not plaintiff's supervisor where evidence established that company took prompt remedial action against the harassing employee -- District court did not err in granting judgment as matter of law for employer… [read post]
19 Jun 2018, 8:55 am by Sarah Hiatt
Four Bands Community Fund, headquartered in Eagle Butte, S.D., provides financial products to businesses as well as home mortgages in South Dakota and North Dakota. [read post]
18 Jun 2018, 2:02 pm by Paul Rugani
Bank breached certain contractual and common law duties when it agreed to a proposed $94 million settlement of an ongoing RMBS repurchase action in New York state court against Bank of America, N.A. and certain affiliates, as successors to Countrywide Home Loans, Inc. [read post]
20 May 2018, 3:41 am by SHG
So too did the untenable mortgages. [read post]
17 May 2018, 8:36 am
  But I just want you to know: if you are falling behind on your mortgage or getting screwy statements that suggest your mortgage servicer isn't crediting your payments properly, or you have received ANY letters from ANYONE suggesting your home loan could be in default, you need to find a lawyer to help you understand what's going on, and what will happen. [read post]