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18 Mar 2023, 8:08 am by Guest Author
As Talia Gillis, Stephanie Bornstein, and Chris Slobogin have each shown in their research on mortgage markets, workplace hiring, and criminal justice, respectively, allowing an algorithm to know the inputs and affirmatively consider protected identities (rejecting with Gillis coined “the input fallacy”) can in fact be the more promising path for combating inequality and bias and, as Bornstein writes, for “developing law… [read post]
14 Mar 2023, 11:00 am by Jehl Law Group, PLLC
Researching the Lending Process and Mortgage Options Before applying for a mortgage, it’s a good idea to understand exactly what you can afford. [read post]
14 Mar 2023, 2:06 am by Barrett Scruggs, SoFi at Work
   Despite the broad availability and benefits of 401(k) investing, only 41% of workers actually contribute to one, either because they don’t understand the value, or they can’t afford to. [read post]
10 Mar 2023, 3:05 pm by Phillips & Associates
When the district moved the other woman to a teaching position, that reassignment triggered a reduction in pay, which in turn meant she could no longer afford the mortgage on her home, which forced her to move to Florida, according to the complaint. [read post]
In such cases we think it is appropriate that a firm considers the borrower’s ability to pay if the effect of the rate switch is material to affordability, for example if the resulting mortgage payment will be materially more expensive. [read post]
10 Mar 2023, 1:39 am by Tessa Shepperson
Furthermore tenants are now taking on second jobs and skipping meals in order to afford their rents. [read post]
9 Mar 2023, 2:46 pm by Aaron S. Marines
If the co-owner cannot afford the house, you should put it up for sale and move on. [read post]
by Pillsbury's Construction & Real Estate Law Team This week’s round-up explores the cooling housing market and plummeting mortgage applications, potential tax-savings as a result of the 2022 Inflation Reduction Act (IRA), and new developments in the multifamily sector. [read post]
6 Mar 2023, 5:30 am by Danielle Lin
A Chapter 13 bankruptcy allows a debtor to cure mortgage arrears, keep all nonexempt property without paying the trustee additional cash, and pay priority tax debt in their Chapter 13 plan. [read post]
3 Mar 2023, 1:49 am by Tessa Shepperson
It will see how builders are delivering the right sort of homes, land management, land banking and how councils see the delivery of affordable housing. [read post]
 First, COPA, as currently drafted, is “very broad” and risks “undermining the goal of supporting more affordable mission driven housing. [read post]
28 Feb 2023, 5:05 am by Bob Kraft
Many partners and children are often forced to move when their loved one passes, as they’re no longer able to afford to pay the rent or mortgage. [read post]
24 Feb 2023, 8:00 am
Depending on the type of bankruptcy filed, a debtor may be able to completely eliminate some or all of their debts, or their debts may be reorganized to ensure that they can make affordable ongoing payments. [read post]
22 Feb 2023, 2:22 pm by Richard J. Andreano, Jr.
HUD recently announced a reduction to the annual mortgage insurance premium charged to borrowers with FHA-insured loans. [read post]
22 Feb 2023, 5:28 am
If you are going to be the one moving out, where will you go - and how will you afford to stay there? [read post]
17 Feb 2023, 4:00 am
If they intend to live where they currently live, the plan needs to ensure that they can afford rent or a mortgage and property taxes, depending on their circumstances. [read post]
17 Feb 2023, 1:25 am by Tessa Shepperson
This is due to much new legislation and soaring mortgage rates. [read post]
15 Feb 2023, 9:05 pm by Bijan Avaz
” Importantly, Kress finds that bank mergers disproportionately harm low-and-moderate-income and minority communities, which only “exacerbates disparities in access to affordable financial services. [read post]
14 Feb 2023, 9:05 am by Kevin Kaufman
Key Findings The federal tax code remains a major source of frustration and controversy for Americans, and a hindrance to economic growth and opportunity. [read post]
10 Feb 2023, 8:58 am
Certain programs, such as the Home Affordable Foreclosure Alternatives (HAFA) program, may be available to help people get into a more affordable housing option while getting the remainder of the balance on the original mortgage forgiven and a small cash payment to assist in relocating to a new home. [read post]