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13 Aug 2013, 3:00 am by propertyprof
Southern's Chris Odinet passes along this news: A group of plaintiffs representing some of the nation's largest bond investors (including Fannie Mae and Freddie Mac) have filed a lawsuit against the City of Richmond, CA and the investment firm Mortgage... [read post]
25 Jul 2008, 11:50 am
[JURIST] House Financial Services Committee [official website] Chairman Barney Frank (D-MA) said during a Committee hearing [materials] Friday that providing inducements to those who hold liens was the only practical legislative solution to the country's so-called "sub-prime mortgage collapse," and that House legislation passed Wednesday will effectively provide those inducements. [read post]
8 Mar 2009, 6:22 pm
 In the first week of March, 2009, the  House of Representatives  passed the long overdue Bankruptcy “Cramdown Bill” (a mortgage modification bill) by a vote of 234 - 191, [...] [read post]
16 Dec 2007, 9:00 am
The Mortgage Tax Relief bill passed by the Senate by unanimous consent on Friday would provide a three-year exclusion from income for debt forgiven as a result of a mortgage foreclosure or renegotiation, as well as a three-year extension of... [read post]
2 Jan 2013, 7:39 am by Rich Vetstein
-Rich Related Posts: Breaking: House Passes Extension of Mortgage Debt Relief Act In Fiscal Cliff Deal Senate Fiscal Cliff Bill Extends Mortgage Debt Relief Act, Awaits House Vote Hanging Off The Fiscal Cliff? [read post]
18 Aug 2007, 3:35 am
And he makes a point that the new bankruptcy reform legislation triggered the current mortgage meltdown. [read post]
15 Apr 2024, 5:45 am by Robert Kraft
Repayment becomes due when you sell the house, move out permanently, or pass away. [read post]
21 Nov 2011, 11:00 am by Morse, Barnes-Brown Pendleton
By: Bob Shea On November 16, 2011, the Massachusetts Legislature passed a bill that will protect transgender people from discrimination in employment, housing, mortgage loans and credit. [read post]
26 Feb 2013, 9:57 am by Mark M. Campanella, Esq.
In the federal government’s haste to purportedly clean-up the mortgage industry, it recently passed legislation that will have a huge impact on countless consumers, homeowners and prospective home buyers. [read post]
1 Aug 2023, 5:45 am
The loan is typically repaid when the homeowner moves out, sells the home, or passes away. [read post]
15 Nov 2007, 11:29 pm
House Passes Bill Imposing Liability on Mortgage-Backed SecuritiesA comprehensive bill to combat abuses in the mortgage lending market and provide basic protections to mortgage consumers and investors has passed the House by a vote of 291-127. [read post]
19 Dec 2007, 5:44 pm
If a bill is passed that allows the primary home loan to be stripped down and stretched out, he argues, lenders will be treated less advantageously for second home loans. [read post]
6 Apr 2016, 6:00 pm by Gerry W. Beyer
Many home buyers don’t often think about what will happen if they die before the mortgage is paid off. [read post]
By a vote of 255 to 174 the House passed the “Portfolio Lending and Mortgage Access Act” (H.R. 1210). [read post]
16 Oct 2010, 4:26 am by shawnwright
After the 30 days has passed, then your mortgage company must send you an “Act 91 Notice”. [read post]
16 Oct 2010, 9:41 am by Shawn Wright
After the 30 days has passed, then your mortgage company must send you an “Act 91 Notice”. [read post]
27 Dec 2007, 1:49 am
Lenders are already passing the new loan-level price adjustments -- which apply to loans with down payments of less than 30 percent -- on to borrowers.Private mortgage insurers PMI Group Inc. and MGIC Investment Corp. have raised or are raising rates for borrowers with lower credit scores and loan-to-value (LTVs) ratios above 95 percent. [read post]
12 Mar 2009, 10:30 am
Georgia was once the state with the most per-capita mortgage fraud, the article said, but similar bill passed in 2005 has substantially decreased mortgage fraud. [read post]