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1 Jul 2011, 10:16 am by Tomassi Law Associates
The Home Equity Conversion Mortgage (HECM) Saver option is a relatively new program offered through the Federal Housing Administration (FHA). [read post]
9 Aug 2023, 12:11 pm by ESQ.title
When it comes to financing a home purchase, understanding the various types of mortgages available is essential. [read post]
23 Jul 2018, 6:00 am
To resolve an issue with your mortgage, do not contact the lender owning your mortgage loan. [read post]
14 Oct 2009, 7:18 pm
According to an analysis of the data by the Huffington Post Oct. 13, one mortgage servicer, Ocwen Financial, is responsible for about 45% of the loan modifications that have been converted from temporary to permanent under the federal Home Affordable Modification Program. [read post]
16 Oct 2009, 9:22 am
AB 260 also bans negative amortization loans, which are loans with such low minimum payments that the loan balance can actually grow; limits prepayment penalties; and authorizes state officials to enforce federal lending laws. [read post]
29 Jun 2011, 9:44 pm by Tomassi Law Associates
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEToday the National Association of Home Builders released its own study claiming that lowering the loan limits at Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA), will reduce housing demand and place downward pressure on home prices in major housing markets. [read post]
8 Dec 2019, 6:14 pm
The loan holder is the only party that has the authority to foreclose a home. [read post]
15 Dec 2015, 1:36 pm by Larry Tolchinsky
Most homes and condos in South Florida are purchased with the help of a home loan, or mortgage. [read post]
Once reemployed, the borrower would be evaluated for a modification under the federal government's Home Affordable Modification Program (HAMP).Jordan E. [read post]
10 Aug 2010, 2:40 am by atussey@mortgagefraudblog.com
Ramnauth was charged in a Superseding Indictment along with eight other defendants for their participation in a scheme that defrauded banks out of more than $23 million in home mortgage loans. [read post]
10 Jun 2015, 7:47 am by Allison Tussey
”The post 3 Convicted by Federal Jury of Offering Bogus Loan Modifications appeared first on Mortgage Fraud Blog. [read post]
8 Apr 2012, 8:20 am
It is a way for consumers to fight back when your mortgage lender has refused to work with you when you needed a loan modification or when your provider switched you to a more expensive home loan than what you originally signed up for. [read post]
30 Nov 2020, 11:50 am by David Snyder
  Dodd-Frank added appraisal requirements for higher-priced mortgage loans, including a requirement that creditors obtain a written appraisal based on a physical visit to the home’s interior before making a higher-priced mortgage loan. [read post]
1 Apr 2016, 5:40 pm by Scott C. Soady
The Mortgage Still Must Be Paid The terms of a mortgage loan generally do not change due to your death. [read post]
3 Mar 2013, 9:01 pm
As is often the case with mortgages, the lender then sold the mortgage note to an investment pool that contracted with Home EqServicing (“Home Eq”) to “service” the loan (i.e. collect the payments, enforce the mortgage, handle questions, disputes…). [read post]
1 Aug 2012, 4:59 am by Brian Wolfman
The Obama Administration wanted the Federal Housing Finance Agency (FHFA) to offer consumers whose mortgage debt exceeded the value of their homes reductions on mortgage principal. [read post]
2 Nov 2013, 5:12 pm
A recent bulletin by the Federal Housing Administration (FHA) announced a change in policy that will have a beneficial effect for those who have filed for bankruptcy and are looking to purchase a new home. [read post]