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25 Jun 2020, 2:38 pm
The appellate court declined to reverse the sale. [read post]
25 Jun 2020, 9:00 am
A new rural or underserved counties list, utilizing the data points in the Interpretive Rule, has been published on the CFPB’s Mortgage Resources website. [read post]
24 Jun 2020, 11:06 am
The appeals court also identified another reason for reversal. [read post]
22 Jun 2020, 5:00 am
Reverse mortgages have been an appealing option for many aged homeowners, because they provide access to the equity in the home when liquid assets are getting used up. [read post]
19 Jun 2020, 12:36 pm
Here, the court reverses part of its earlier holding, with respect to non-advertising-based state law claims. [read post]
10 Jun 2020, 4:08 pm
Upon appeal to the Ninth Circuit’s Bankruptcy Appellate Pane, the BAP reversed. [read post]
10 Jun 2020, 6:17 am
The final rule would take effect on March 15, 2021, except for the revised change-in-term disclosure requirements for home equity lines of credit (which include reverse mortgages structured as open-end credit) (HELOCs) and credit cards that would apply as of October 21, 2021. [read post]
7 Jun 2020, 11:01 am
Senate Bill 806/House Bill 1182 (Chs. 441 and 442) alter these provisions by establishing that the redemption or extinguishment of the ground rent is effective to conclusively divest the ground lease holder of the reversion, vest the reversion in the leasehold tenant, and eliminate all rights, titles, or interests to the property, as specified, when the leasehold tenant records the certificate of redemption or extinguishment in the land records of the county in which the property… [read post]
7 Jun 2020, 5:00 am
Provident moved to appeal, and SCOV reverses. [read post]
30 May 2020, 11:39 am
Presidential candidate Joe Biden recently came out in support of Senator Elizabeth Warren’s bankruptcy reform plan, which is somewhat embarrassing because she is basically proposing to nullify the Bankruptcy Reform Act of 2005 championed by Biden. [read post]
29 May 2020, 9:42 am
Reverse Mortgage Securitization Ratings. [read post]
24 May 2020, 3:38 pm
You still have a mortgage, rent, credit cards, car payments, etc. [read post]
22 May 2020, 3:00 am
National/Federal Appeals Court Greenlights Emoluments Suit against Trump Politico – Josh Gerstein | Published: 5/14/2020 A lawsuit accusing President Trump of violating the Constitution by accepting foreign government money through his Washington, D.C. hotel can proceed to fact-gathering about Trump’s profits, a federal appeals court ruled. [read post]
19 May 2020, 7:40 am
The reverse mortgage or more properly the Home Equity Conversion Mortgage (HECM) has been around for a while. [read post]
18 May 2020, 10:43 am
A reverse mortgage comes with a good number of advantages and benefits. [read post]
8 May 2020, 6:48 am
” and ultimately net investors substantial gains through a reverse merger IPO. [read post]
8 May 2020, 3:00 am
National/Federal Both Parties Wonder: How much do conventions even matter anymore? [read post]
7 May 2020, 12:57 pm
In a majority opinion authored by Chief Justice Cantil-Sakauye, the Supreme Court reversed the Court of Appeal and held that the UCL and FAL causes of action at issue were equitable in nature and therefore properly tried by the court rather than a jury. [read post]
6 May 2020, 12:57 pm
On April 10, Moody’s published its methodology for Reverse Mortgage Securitizations. [read post]
29 Apr 2020, 9:42 am
Court of Appeals for the 4th Circuit reversed. [read post]