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17 Aug 2022, 7:02 am
And the simplest way to do that is just to limit the number of mortgages it writes. [read post]
10 Nov 2016, 10:15 am
However, time and time again the Foreclosure Judges in the Jacksonville and surrounding areas ruled that mortgage foreclosure actions were not barred by Florida’s five year statute of limitations as defined by Florida Statute 95.11(2)(c). [read post]
20 Sep 2014, 10:00 am
In the aftermath of the real estate mortgage foreclosure crisis in Florida since 2008, various issues have been presented to the court in Florida regarding the enforceability of mortgages, including statute of limitations arguments.Statute of Limitations CasesWell-Established Florida LawDiaz v. [read post]
5 Dec 2007, 7:00 am
He said that there is a four year statute of limitations on deficiency judgments. [read post]
5 Dec 2022, 8:45 am
Department of Housing and Urban Development (HUD) recently announced the 2023 loan limits for FHA insured forward mortgage loans and FHA insured Home Equity Conversion Mortgages (HECMs). [read post]
7 Jan 2015, 10:17 am
In my opinion, the second mortgage lawsuit is not subject to the deficiency time limit but is limited to a five year statute of limitations for suit on a promissory note. [read post]
19 Dec 2014, 9:38 am
In this case, the Court held that the enforcement of the mortgage note was barred by the statute of limitations but the mortgage lien is not null and void as its validity is governed by the separate statute of repose. [read post]
18 Oct 2013, 12:00 pm
Here are the changes taking effect: First-year limit: During the first year, homeowners may now withdraw... [read post]
24 Feb 2021, 1:39 pm
The New York Court of Appeals, the state’s highest court, recently held that (1) a notice of default sent before a foreclosure did not accelerate the mortgage debt for statute of limitation purposes; and (2) in most circumstances, a lender decelerates mortgage debt when it voluntarily dismisses a foreclosure complaint. [read post]
3 Aug 2016, 7:25 am
If you happened to read our article on individual debt limitations for the home mortgage interest deduction, you may be interested to know that the IRS issued an Acquiescence on Decision last week to the Ninth Circuit’s ruling in Voss v. [read post]
24 Feb 2021, 1:39 pm
The New York Court of Appeals, the state’s highest court, recently held that (1) a notice of default sent before a foreclosure did not accelerate the mortgage debt for statute of limitation purposes; and (2) in most circumstances, a lender decelerates mortgage debt when it voluntarily dismisses a foreclosure complaint. [read post]
2 Mar 2009, 7:14 pm
Attorney Larry Kosto, acreditor attorney in Orlando, sent me a 2005 court decision dealing with the statute of limitations for mortgage deficiency claims. [read post]
24 Jan 2022, 12:58 pm
Outside of filing for bankruptcy, if a homeowner is in default on his/her mortgage, there are limited options.One option according to The Balance is to try to obtain a modification of the loan. [read post]
7 Aug 2017, 8:58 am
This effectively creates a limit on the amount of mortgage interest a taxpayer can deduct. [read post]
15 Oct 2019, 6:31 am
The current $750,000 limitation was introduced as part of the Tax Cuts and Jobs Act (TCJA) and will revert to the old limitation of $1 million after 2025. [read post]
11 May 2023, 10:36 am
A time-barred mortgage loan is one where the statute of limitations has expired. [read post]
6 Feb 2014, 5:36 pm
The Interest Rate Elasticity of Mortgage Demand: Evidence From Bunching at the Conforming Loan Limit, Anthony A. [read post]
19 May 2015, 5:21 am
The New York Court of Appeals, the state’s highest court, recently held that the statute of limitations does not bar an action to cancel a mortgage based upon a forged deed. [read post]
12 Jul 2015, 6:20 pm
After either of these time limitations have passed, the mortgage shall be considered discharged for all purposes against the lender. [read post]
7 Feb 2022, 4:04 am
The mortgage broker only gets paid if you take out a mortgage. [read post]
