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21 Feb 2013, 1:11 pm
As the Supreme Court noted, “The parties did not direct us to any cases holding that trust distributions were not marital property, and we have found none. [read post]
20 Feb 2013, 3:00 am
Upon retirement they paid off their home mortgage and traveled. [read post]
18 Feb 2013, 11:03 pm
Assuming the property were sold for its appraised value, the liquidation of the LLC would result in a net loss of over $1 million due primarily to the mortgage debt of around $4.4 million plus the debt obligation to the plaintiff for his disproportionate contributions. [read post]
18 Feb 2013, 4:00 am
Here are the hard facts: The U.S. government and its agencies still owe $18.8 trillion in interest-bearing debts; The U.S. government has obligations of at least another $150 trillion to present and future recipients of Social Security, Medicare and other benefits; American families still owe $13.1 trillion on their mortgages with a huge chunk of those under water; Other borrowers in the U.S. [read post]
17 Feb 2013, 9:01 pm
Additionally, a lease clause mandating landlord rebuild after a casualty will be problematic if a prospective buyer’s mortgage contains a clause requiring pay off of the loan upon such casualty. [read post]
13 Feb 2013, 8:02 pm
The SDNY case alleged that while participating in the Federal Housing Administration (FHA) Direct Endorsement Lender Program, Wells Fargo falsely certified thousands of loans to be eligible for FHA insurance and that as a result of Wells Fargo’s false certifications, the FHA paid hundreds of millions of dollars in insurance claims on thousands of mortgages that defaulted. [read post]
11 Feb 2013, 3:05 am
Social Security beneficiaries also can change their address and start or change direct deposit information online. [read post]
11 Feb 2013, 12:45 am
” The article cites one specific example in which a 2006 review of mortgages found that over 1,100 mortgages were more than 30 days delinquent, but that the offering document sent to investors showed only 25 loans as delinquent. [read post]
9 Feb 2013, 5:21 pm
And Great American Assurance Company reduced force-placed rates by 28 percent as part of its mortgage protection program. [read post]
8 Feb 2013, 6:06 pm
She noted that most of the regulations required by the Dodd-Frank Act are primarily directed at large systemically important banks. [read post]
7 Feb 2013, 7:00 pm
Here’s the clarification: Sellers don’t decide to go into foreclosure, they are foreclosed upon by a lender who files a lawsuit against them for not paying their mortgage. [read post]
7 Feb 2013, 7:00 pm
Here’s the clarification: Sellers don’t decide to go into foreclosure, they are foreclosed upon by a lender who files a lawsuit against them for not paying their mortgage. [read post]
7 Feb 2013, 9:55 am
Banks and mortgage servicers are notorious here in Florida for filing lawsuits in Florida court clerk’s offices without proper legal standing or support. [read post]
7 Feb 2013, 6:40 am
1314.1.5Does the lender need to be sent the original mortgage deed? [read post]
6 Feb 2013, 1:11 pm
EPTL Section 2-1.8 even allows the Surrogate to direct such persons to pay their share of the tax. [read post]
4 Feb 2013, 11:29 am
# change eventslenderName10HSBC Bank plc9The Royal Bank of Scotland plc8National Westminster Bank plc6Virgin Money plc6The Royal Bank of Scotland plc One Account6Darlington Building Society6The Royal Bank of Scotland plc First Active 6The Royal Bank of Scotland plc Direct Line Mortgages6The Royal Bank of Scotland plc Virgin One 6Santander6The Royal Bank of Scotland plc Natwest One Account6The Royal Bank of Scotland plc Direct Line One6Halifax5Bank of Scotland Beginning A… [read post]
4 Feb 2013, 9:18 am
As a result, FFIEC guidance now extends to any person supervised by the CFPB, including many types of non-bank financial institutions, such as mortgage brokers, payday lenders, consumer reporting agencies and debt collectors. [read post]
3 Feb 2013, 8:04 am
Must a Virginia divorce court judge divide a home worth less than the mortgage balance? [read post]
3 Feb 2013, 8:04 am
Must a Virginia divorce court judge divide a home worth less than the mortgage balance? [read post]
1 Feb 2013, 12:30 am
As you know many landlords are happy to have long term decent tenants but their mortgage lending covenants often deny them this. [read post]
