Search for: "Mortgage Pass"
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26 May 2018, 7:15 am
Legislation passed by the House of Representatives in 2009 would have overturned the prohibition on modifying home loans and allowed judges to reduce mortgage balances to the present value of the home and alter other terms of the loan if the borrower was willing to file bankruptcy and successfully made the plan payments. [read post]
24 Jan 2014, 6:57 am
The lenders got a pass there. [read post]
20 May 2020, 11:58 am
If passed and signed into law, the bill would suspend mortgage and rent payments for homeowners and renters who have been affected by the coronavirus health crisis. [read post]
22 Jun 2011, 6:25 am
This market is operated by originators of the loan, the lenders, selling their loans into a trust, which in turn pass the benefit of these loans on to investors. [read post]
1 Oct 2008, 9:49 pm
It would enable the government to spend billions of dollars to buy bad mortgage-related securities and other devalued assets held by troubled financial institutions. [read post]
21 Jul 2020, 2:06 pm
Louis, since the TCJA was passed in December 2017, Americans have increased their mortgage debt for one-to-four family residences. [read post]
23 Jul 2018, 6:00 am
To resolve an issue with your mortgage, do not contact the lender owning your mortgage loan. [read post]
30 Apr 2020, 3:35 pm
Fornaro Law has the ability, tenacity, and wherewithal to track down mortgage releases even if your lender has long since shuttered its doors, and even if your mortgage has passed through a succession of defunct banks. [read post]
1 Nov 2022, 12:11 pm
If there is no will, the deceased co-owner’s interest is passed to close relatives. [read post]
20 May 2009, 6:27 am
As Tustin loan modification lawyers, we were disappointed to see that the Senate failed to pass a bill that would have done our clients a whole lot of good. [read post]
5 Jan 2012, 1:26 pm
As described in the July 2011 Construction Law Brief, the Pennsylvania legislature passed amendments to the Mortgage Licensing Act (the “MLA”) which prohibits individuals and entities from engaging in the residential mortgage loan business (except to immediate family members) without being licensed under the MLA. [read post]
29 Jul 2015, 9:25 am
A 2013 Florida case dealt with the issue of whether a mortgage remained enforceable after a the dismissal of a foreclosure case and more than five years has passed from the date of the first default in mortgage payments. [read post]
11 Jun 2011, 8:09 am
A Florida law passed in 2008 made it illegal for companies offering mortgage modification help to charge homeowners upfront. [read post]
17 Aug 2012, 8:28 am
The bill, House Committee Amendment 1 to Senate Bill 3522, passed the House and is pending further action. [read post]
21 Apr 2014, 6:30 am
Reference: The New York Times (March 26, 2014) “Pitfalls of Reverse Mortgages May Pass to Borrower’s Heirs” [read post]
6 Aug 2012, 7:45 pm
Treasury Department's "Home Affordable Modification Program" (HAMP).As most people are aware, Congress did not yet pass the "cram-down" provision for principal residential mortgages. [read post]
30 May 2017, 9:07 am
If no payments are made, the reverse mortgage is still not due until the last surviving borrower passes away or fails to occupy the home as their primary residence. [read post]
10 Jan 2013, 1:00 am
The loans don’t have to be paid back until the person relocates or passes on. [read post]
23 Mar 2018, 12:08 pm
Lots of my clients lately are asking the same question: why has my mortgage payment increased so much? [read post]
21 Jul 2011, 1:15 pm
In 2008, the Pennsylvania legislature passed the Mortgage Licensing Act (the “Act”), which was subsequently amended in 2009 and 2010. [read post]
