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1 Oct 2019, 3:48 am by Andrew Murray
* * * Live Well’s Bond Portfolio and Repurchase Agreements Live Well was a Richmond, Virginia-based company that originated, serviced, and securitized government-guaranteed reverse mortgages known as Home Equity Conversion Mortgages (“HECMs”). [read post]
23 Sep 2019, 6:02 am by Alan S. Kaplinsky
  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]
23 Sep 2019, 3:32 am by Peter Mahler
Profits in 2015 covered mortgage expense previously contributed pro rata by the members and allowed reimbursement of the members’ out-of-pocket expenses. [read post]
22 Sep 2019, 5:50 pm by Daily Record Staff
Sless was named reverse mortgage division manager with Primary Residential Mortgage Inc. [read post]
18 Sep 2019, 3:54 am by Edith Roberts
Supreme Court to give the president more control over the Consumer Financial Protection Bureau, the agency that regulates mortgages and credit cards,” “[a]sking the court to take up a pending appeal” and to rule that “the Constitution requires that the president be allowed to fire the agency’s director for any reason. [read post]
11 Sep 2019, 3:00 pm by Doug Cornelius
a reverse mortgage originator and the owner of an investment portfolio of bonds. [read post]
5 Sep 2019, 9:40 am by Mclarty Wolf
The gift is automatically reversed as soon as a donor who is certain of death makes a recovery. [read post]
5 Sep 2019, 9:40 am by Mclarty Wolf
The gift is automatically reversed as soon as a donor who is certain of death makes a recovery. [read post]
30 Aug 2019, 8:53 am by Pamela Foohey
Ditech, of course, is an originator and servicer of mortgages, including reverse mortgages. [read post]
27 Aug 2019, 7:03 am by Christopher P. Hahn
The Court of Appeal for the Third District of California recently affirmed in part, and reversed in part, an order granting a mortgage servicer’s motion to dismiss several causes of action brought by plaintiff borrowers for denying their requests to modify their mortgage loan. [read post]
23 Aug 2019, 12:28 am by Tessa Shepperson
The report calls for politicians to focus on reversing the erosion of social housing stock, end housing benefit cuts, and improve wage growth for young people. [read post]
15 Aug 2019, 6:29 am by Robert Kraft
The reverse mortgage amount can be picked up either monthly or as a whole amount. [read post]
7 Aug 2019, 2:56 pm by Gregory Forman
Husband filed a rule to show cause due to Wife’s failure to pay the mortgage and failure to get the home mortgage out of his name. [read post]
6 Aug 2019, 8:14 am by Cathy Moran
Procedures:  When you get a written copy of how your payments have been credited to your loan balance, you often see payments posted, then reversed, then reapplied differently. [read post]
4 Aug 2019, 7:18 pm by Yale Hauptman
She can take a reverse mortgage but the fees associated with it are typically higher than a traditional mortgage. [read post]