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22 Apr 2020, 8:52 am by Colleen McDonald
The FHFA announcement also reverses April 10, 2020 servicer guidance and specifies that mortgage loans with COVID-19 payment forbearance shall be treated like a natural disaster event and will remain in the MBS pool for at least the duration of the forbearance plan. [read post]
21 Apr 2020, 2:30 pm by doug
The new law, sometimes tagged with the initials SBRA, creates a streamlined version of Chapter 11 bankruptcy reorganization for small companies and entrepreneurs who want to continue operations, but are facing the shock of a swift reversal of fortune. [read post]
21 Apr 2020, 11:08 am by Amy Starnes
— The Texas Tribune Federal appeals court says Texas can block pill-induced abortions during pandemic — Reversing course, the 5th U.S. [read post]
20 Apr 2020, 3:37 pm by Wiggam & Geer
Jason Wiggam was featured on The Meriwether & Tharp Show to discuss best practices for dealing with the IRS, tax law, and particular situations where you might find yourself in tax court or dealing with the IRS. [read post]
20 Apr 2020, 4:10 am by Peter Mahler
Both the real estate market and the relationship between the two factions soured after 2008, eventually leading to a default under the Deed of Trust securing the mortgage loan. [read post]
10 Apr 2020, 6:00 am by Aaron S. Marines
Department of Agriculture Federal Housing Administration (FHA) (Includes reverse mortgages) U.S. [read post]
6 Apr 2020, 3:43 pm
(And if you yourself are able to make a contribution to NCLC, they would welcome it and put it to good use.)Find it here:  https://library.nclc.org/SD ChaptersGlossaryChapter 1 Six Essential Rules for Surviving DebtChapter 2 Responding to Debt CollectorsChapter 3 What You Need to Know About Your Credit ReportChapter 4 Collection LawsuitsChapter 5 Taking Out New Loans to Pay for Old DebtsChapter 6 Reverse MortgagesChapter 7 Choices to Avoid at All CostsChapter 8 Reducing Your… [read post]
1 Apr 2020, 3:30 am by Ben Vernia
  The HECM program is a reverse mortgage program specifically for senior homeowners who are 62 and older. [read post]
30 Mar 2020, 1:47 pm by Anne B. Sekel
  Summarized below are the primary means by which the act incentivizes employers:   First, the program requires every loan applicant to certify, among other things, that the loan funds provided to it pursuant to the program will be used to retain workers, maintain the borrower’s payroll or make mortgage, lease or utility payments. [read post]
30 Mar 2020, 9:19 am by Steven Boutwell
By Dean Cazenave, Blane Clark and Elisabeth Prescott Keenly aware of the enormous impact COVID-19 is having on small businesses throughout the country, in response, the Congress approved and on March 27, 2020, the President signed the “Coronavirus Aid, Relief, and Economic Security Act” (the “CARES Act”). [read post]
3 Mar 2020, 2:39 pm by Kevin LaCroix
While the foreclosure actions were pending, Sovereign assigned its interests in the disputed mortgages to SR Holdings I, LLC. [read post]
29 Feb 2020, 10:14 am by Georgialee Lang
He then brought an action against Drabinsky and his wife to reverse the transfer of the home. [read post]
12 Feb 2020, 1:31 pm by David M. McLain
We can’t shift Colorado into reverse and undo the great work this General Assembly has done to promote attainable housing. [read post]
11 Feb 2020, 6:16 am by Robert Kraft
Reverse mortgages allow homeowners to borrow against the equity in their homes and stay in place mortgage-free until they pass away, while giving their heirs the option of paying off the loan to keep the properties or sell them. [read post]
30 Jan 2020, 4:13 am by Andrew Lavoott Bluestone
., (Consumer) in the fall of 2010 about obtaining a reverse mortgage, but, upon learning how a reverse mortgage worked, decided he did not wish to obtain such a mortgage. [read post]