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22 Aug 2012, 5:00 am
Such are cases commenced by attachment against the property of debtors, or instituted to partition real estate, foreclose a mortgage, or enforce a lien. [read post]
22 Aug 2012, 4:26 am
The value of the ‘secured asset’ mortgaged with the Bank is much more than the outstanding loan. [read post]
21 Aug 2012, 5:15 pm
According to MATA, once a customer’s bonds were sent to the Treasury Department and accepted, the customer was “bonded,” and, with MATA’s help, could draw down that bond to pay “public” debt, including mortgage debt, credit card debt, and tax obligations. [read post]
21 Aug 2012, 8:32 am
For example, if both spouses are listed as debtors on the mortgage payment or car loan, the surviving spouse would still be responsible to pay those debts. [read post]
20 Aug 2012, 12:27 pm
On August 10, the CFPB announced two notices of proposed rulemaking regarding mortgage servicing. [read post]
20 Aug 2012, 8:57 am
Hoff’s information about Moore’s involvement in mortgage fraud was the primary reason for his communication (through Allen) to the University of Minnesota. [read post]
20 Aug 2012, 1:37 am
In writing about the corruption of the Erie Railroad for the Westminster Review in 1870, he described corporate influence growing to the point of being unchecked, "swaying power such as has never in the world's history been trusted in the hands of mere private citizens,...after having created a system of quiet but irresistible corruption-will ultimately succeed in directing government itself. [read post]
19 Aug 2012, 8:15 am
It doesn’t matter that a landlord couldn’t pay its mortgage or had to borrow money. [read post]
17 Aug 2012, 1:56 pm
In direct response to these ill-guided recommendations, customers purchased SIV issued ABCPs. [read post]
16 Aug 2012, 11:30 am
Given statistics that suggest lenders make very few of these higher risk loans in the first instance, the question, at least in my mind, becomes one of why should we impose these new regulations if they have new real value to the vast majority of the mortgage market, especially if lenders are voluntarily moving in this direction themselves? [read post]
16 Aug 2012, 11:06 am
Allen’s direct testimony, the jury also heard circumstantial evidence supporting the jury’s verdict. [read post]
16 Aug 2012, 8:19 am
An example is quite dramatic scaling back of the home mortgage interest deduction and employer-provided health insurance exclusion. [read post]
16 Aug 2012, 7:04 am
From a real estate title perspective, the new law is a step in the right direction, but I was very disappointed that nothing was done to help folks who are still saddled with Ibanez title defects. [read post]
15 Aug 2012, 12:06 pm
Mortgage payments and car payments are the most common examples. [read post]
15 Aug 2012, 11:51 am
Proposed Rule & Exceptions The FHFA Notice of Proposed Rule would direct Fannie and Freddie ”not to purchase any mortgage that is subject to a first-lien PACE obligation or that could become subject to first-lien PACE obligations without the consent of the mortgage holder. [read post]
15 Aug 2012, 9:20 am
The forthcoming CFPB ability to pay rule (Qualified Mortgage) and other mortgage reforms will ensure that lenders cannot market unaffordable, unsustainable, unfair mortgages. 7. [read post]
14 Aug 2012, 1:45 pm
Esso, 684 F.3d 347 (2nd Cir. 2012), the judge in the Southern District of New York, sitting in a mortgage fraud case, received a note from the deliberating jury indicating that it wanted to go home early one day and wanted to take the indictment home to read as a time-saver. [read post]
14 Aug 2012, 1:45 pm
Esso, 684 F.3d 347 (2nd Cir. 2012), the judge in the Southern District of New York, sitting in a mortgage fraud case, received a note from the deliberating jury indicating that it wanted to go home early one day and wanted to take the indictment home to read as a time-saver. [read post]
14 Aug 2012, 11:42 am
I positively wish no encumbrance such as a mortgage or lean (sic) to be placed upon this property * * *. [read post]
14 Aug 2012, 10:41 am
In other words the hierarchical corporate structure would allow us to impute knowledge, direction and control – all things the SEC finds so difficult to prove when attempting to hold individuals accountable. [read post]
