Search for: "Reverse Mortgage"
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28 Nov 2016, 8:48 am
The District Court of Appeal of the State of Florida, Fourth District, recently reversed a trial court’s ruling in favor of mortgage loan borrowers based on the mortgagee’s failure to satisfy a condition precedent in paragraph 22 of the mortgage in accepting partial payments after default, holding that the mortgagee substantially complied with the requirements […]Christopher P. [read post]
30 Oct 2013, 9:48 am
Miller, the Sixth Circuit today reversed three of four counts of conviction in a mortgage fraud prosecution. [read post]
7 Mar 2008, 9:53 am
Thus, according to the terms of 1609, a foreign language translation of the reverse mortgage contract must be provided in the language, in which the reverse mortgage is primarily negotiated. [read post]
13 Dec 2017, 7:53 am
Following rulings from other appellate courts in other appellate districts, Florida’s Third District Court of Appeal recently reversed a trial court’s order involuntarily dismissing a mortgagee’s foreclosure against a borrower holding that the mortgagee’s witness from its current mortgage servicer laid a sufficient foundation at trial to admit business records from a prior mortgage servicer Read more → Ernest Wagner [read post]
26 May 2015, 5:43 am
The Florida Third District Court of Appeal recently reversed a trial court’s order dismissing a mortgage foreclosure action with prejudice and cancelling the note and mortgage as a sanction, focusing on the mortgagee’s failure to amend the complaint and withdraw two affidavits filed in support of the allegedly “lost” note claim when it had later […]Ralph T. [read post]
24 Mar 2014, 6:30 am
What if there is still a mortgage or, increasingly common, a reverse mortgage? [read post]
28 Oct 2011, 6:00 am
Candidate, University of Maine School of Law) recently published his article entitled Putting Equity Back in Reverse Mortgages: How State Legislatures Can Bring Fairness to Home Equity Conversion Mortgages, 12 Marq. [read post]
27 Feb 2015, 1:32 pm
We consider the distribution of mortgage credit in terms of access and price, by race, ethnicity, income, and over the lifecycle, with particular attention to the role of recent innovations such as non-prime mortgage securitization and reverse mortgages. [read post]
29 Sep 2011, 10:18 am
Everyone knows it, many people have good ideas about how to reverse it, but nothing seems to happen. [read post]
17 Nov 2015, 9:42 am
In Moronta, the borrower refinanced his original mortgage of $330,600 to consolidate his debt and lower his monthly payments. [read post]
20 Feb 2023, 8:19 am
What you can use the money for In addition to curing defaults on first mortgages that are attributable to the pandemic, grants can now pay down delinquent property taxes, second mortgages, and even reverse mortgages. [read post]
IT’S REALLY SAD, to see The Fonz hawking reverse mortgages on late-night TV. I’m just sayin’ . . . …
13 Sep 2010, 7:59 pm
IT’S REALLY SAD, to see The Fonz hawking reverse mortgages on late-night TV. [read post]
11 Jun 2018, 9:47 am
In 2009, a mortgage loan servicer for Fannie Mae foreclosed on the plaintiff’s home, exercising the power of sale contained in her mortgage. [read post]
7 Sep 2011, 9:32 am
Although foreclosure and delinquency rates declined throughout 2010, the MBA report indicates that the trend may be reversing itself. [read post]
31 Jul 2013, 10:36 am
Attorney General Eric Holder’s also interested in mortgage fraud cases: the Department of Justice’s Financial Fraud Enforcement Task Force also provides lots of information regarding fraudulent mortgage lending issues online, where you can read about things like Reverse Mortgage Scams and Mortgage Loan Modification Scams. [read post]
17 Dec 2019, 7:54 am
Court of Appeals for the Seventh Circuit recently reversed as excessive a jury’s award of $3 million in punitive damages against a mortgage servicer for inadequate recordkeeping, misapplication of payments, and poor customer service. [read post]
3 Oct 2017, 7:51 am
The Supreme Court of New Jersey reversed the decision of the Appellate Court, and held that a settlement that a borrower and a lender reached during mediation pursuant to the Residential Mortgage Foreclosure Mediation Program was enforceable because the borrower fulfilled all contingent terms making the agreement permanent. [read post]
2 Aug 2022, 9:18 am
Not all borrowers on a reversion rate who can switch, would save money by switching (190,000). [read post]
21 Mar 2016, 6:10 am
The Third District Court of Appeal, State of Florida, recently reversed the dismissal of a mortgage foreclosure action based on the mortgagee’s failure to provide the name of the corporate representative who was to testify at trial, holding that dismissal was an overly harsh sanction given that no prejudice was shown. [read post]
25 Jan 2013, 6:18 pm
The guide is designed to help seniors understand the pros and cons of a reverse mortgage. [read post]