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16 Dec 2020, 2:51 pm
The principal asset of the Trust was the Settlor's residential home in Sacramento (the home), which was transferred to the Trust. [read post]
16 Dec 2020, 2:51 pm
The principal asset of the Trust was the Settlor's residential home in Sacramento (the home), which was transferred to the Trust. [read post]
1 Dec 2020, 9:05 pm
The statute, however, expressly excludes “finance lenders, broker-dealers, residential mortgage lenders, mortgage servicers, mortgage originators,” and check sellers, as well as banks and credit unions chartered federally or by another state. [read post]
27 Nov 2020, 1:01 am
Mortgage deferral just pushes the problem further down the track. [read post]
24 Nov 2020, 6:30 pm
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23 Nov 2020, 7:54 am
He noted that since the asset-backed securities rules were revised in 2014, no SEC-registered offerings of residential mortgage-backed securities (RMBS) have occurred. [read post]
16 Nov 2020, 3:16 pm
The current federal moratorium passed by the Centers for Disease Control specifically limits the relief to residential tenants adversely affected by COVID-19. [read post]
13 Nov 2020, 12:05 pm
Insurance -- Homeowners -- Coverage -- Appraisal -- Waiver -- Trial court erred in compelling appraisal of residential home under policy where there were disputes over coverage and policy specifically precluded appraisal for coverage issues -- Moreover, any right of appraisal was waived where suit was filed and litigated for a year prior to appraisal request. [read post]
12 Nov 2020, 6:12 am
According to these commenters, “if the discharged debt is a secured debt, including but not limited to a residential mortgage, the transfer ban should not impede a creditor’s ability to maintain and exercise its security interest in the collateral that secures the discharged debt. [read post]
10 Nov 2020, 3:23 pm
In addition, a number of residential condominium, multifamily rental and mixed use real estate development projects have experienced delays in financing and construction, or delays of sales or rental of residential units in projects that have been completed. [read post]
9 Nov 2020, 3:54 pm
Instead, each property is required to be bid on separately, unless the deed of trust or mortgage provides otherwise. [read post]
6 Nov 2020, 7:08 am
A transfer of a loan originated by a regulated entity and secured by a mortgage of residential property may require written borrower consent (normally this is provided for in the lender’s standard loan documentation). [read post]
3 Nov 2020, 1:42 pm
When mortgage-related litigation, including residential mortgage-backed securities (RMBS) lawsuits, erupted after the last financial crisis (the Great Recession of 2008), the litigants recognized that some of their disputes presented issues of “first impression. [read post]
3 Nov 2020, 9:10 am
Passive income businesses, such as residential and commercial landlords, are ineligible to apply. [read post]
2 Nov 2020, 7:33 am
The trend will likely be online mortgage application preparation and closing document execution. [read post]
30 Oct 2020, 10:28 am
Background: Mortgages and the Great Recession As any reader/viewer of the Big Short knows, the Great Recession was largely brought on by risky and greedy practices in the residential mortgage market. [read post]
21 Oct 2020, 9:07 am
Mortgage loan rejections are among the most common reasons why real estate deals often fail to close. [read post]
20 Oct 2020, 12:36 pm
Two-thirds of the residential mortgage loans in this country are federally backed mortgages. [read post]
19 Oct 2020, 2:42 pm
Existing residential foreclosure proceedings may resume and new foreclosure actions may be initiated beginning Jan. 4 under an executive order Gov. [read post]
15 Oct 2020, 8:55 pm
During the virtual roundtable the PRA used an internal ratings based model to calculate capital requirements for residential mortgage exposures. [read post]
