Search for: "Reverse Mortgage"
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18 Oct 2011, 4:27 am
Cortese, and reversed as to the credit given to the Husband for mortgage payments made during the pendency of that dissolution of marriage action. [read post]
29 Oct 2018, 2:01 pm
On October 22, the Federal Housing Administration (“FHA“) issued “revised requirements for Home Equity Conversion Mortgage (“HECM“) servicers when they assign FHA-insured reverse mortgages to the agency for claim payment. [read post]
2 Dec 2022, 12:36 pm
Reverse mortgages were excluded. [read post]
2 Apr 2008, 2:51 pm
Well the timing isn't necessarily that great, but Zillow is trying to throw a further wrench into online lead generation for mortgages by launching what is essentially a "reverse auction" for mortgages. [read post]
13 Feb 2009, 6:37 pm
A new and timely article of interest: Ray Brescia, Subprime Communities: Reverse Redlining, the Fair Housing Act and Emerging Issues in Litigation Regarding the Subprime Mortgage Crisis, 2 Albany Gov't L. [read post]
15 Nov 2014, 6:35 pm
The mortgage, which was attached to the complaint, was an adjustable rate home equity conversion mortgage – a type of reverse mortgage insured by the federal government. [read post]
26 Aug 2010, 8:59 am
This is the second consecutive quarter that the national delinquency rate has dropped, reversing a 12 quarter trend where mortgage delinquency rates increased. [read post]
21 May 2016, 12:41 pm
Nationstar Mortgage, LLC is available at: Link […]Christopher P. [read post]
2 Aug 2016, 7:59 am
The District Court of Appeal of the State of Florida, Fourth District, recently reversed the dismissal of a mortgage foreclosure action, holding that the trial court “erred in using the doctrine of unclean hands to dismiss the bank’s foreclosure action. [read post]
16 Jun 2015, 6:00 pm
The new rules will impact the spouses of individuals who had reverse mortgages. [read post]
4 Mar 2013, 10:24 am
McCuskey, entered February 28, 2013, the federal district court reversed the bankruptcy court’s order, ruled in favor of the mortgage lender, and in the process rejected the bankruptcy court’s reasoning on all fronts. [read post]
22 Sep 2013, 5:00 am
Earlier this month, the 10th Circuit (full text of Sept. 5 opinion), citing its Hobby Lobby decision, reversed an earlier district court denial of a preliminary injunction and remanded the case to the district court. [read post]
28 Oct 2009, 2:14 am
Many of my clients who are on fixed incomes and hurting in this down-economy often wonder if a reverse mortage is a viable option for helping them make ends meet. [read post]
3 May 2012, 6:42 pm
Ocwen Federal Bank, the Sixth Circuit reversed a dismissal in a FDCPA case brought by pro se plaintiffs regarding their mortgage. [read post]
28 Feb 2011, 6:00 am
According to the latest statistics from the Mortgage Bankers Association (MBA), the mortgage delinquency rate on single-family homes fell to its lowest rate since the fourth quarter of 2008, falling to 8.22% for the fourth quarter 2010. [read post]
28 Sep 2011, 1:07 am
Fulbright obtained the mortgage in her parent's name, knowing that it was based upon a fraudulent quitclaim deed. [read post]
23 Sep 2019, 6:02 am
CFPB examiners found one or more creditors violated Regulation Z by: Disclosing inaccurate APRs on closed-end reverse mortgages by using a unit-period of one month instead of one year to calculate the APR Disclosing inaccurate APRs on closed-end reverse mortgages with a life expectancy set-aside by using a unit-period of one month instead of six months to calculate the APR Disclosing improperly calculated total annual loan costs by not using a one-year… [read post]
24 Apr 2010, 1:53 pm
Or, in reverse, the property’s value is understated in order to get a lower price on a foreclosed home. [read post]
30 Jun 2023, 9:03 am
These changes mean lenders do not need to undertake an affordability assessment when varying a contract to allow a customer to make reduced capital payments (including to zero, and paying interest only) for up to 6 months, or when reversing a term extension within 6 months of it taking effect. [read post]
8 Mar 2018, 8:35 am
The Massachusetts Supreme Judicial Court recently held that the “statutory power of sale” as defined in M.G.L. ch. 181, § 21 was incorporated by reference in a lender’s form reverse mortgage instrument even though the lender used the term “power of sale” rather than the specific term “statutory power of sale. [read post]
