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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]
18 Feb 2019, 7:32 am by Christopher P. Hahn
Court of Appeals for the Eighth Circuit recently reversed a trial court’s order granting summary judgment in favor of an originator and seller of loans, and held that the mortgage loan purchaser adequately and substantially complied with… Christopher P. [read post]
16 Oct 2009, 9:22 am
A law requiring more and clearer information for people interested in reverse mortgages, a product allowing homeowners to draw out their equity. [read post]
3 Nov 2014, 4:41 am by Heather S. Klein
 The models set a loan revenue target—based on a higher interest rate, discretionary fees, or both—that varies by mortgage loan originator (MLO). [read post]
8 May 2018, 6:47 am by Simon Lovegrove
Also, while many customers are active, there appears to be a number of longstanding borrowers on a reversion rate who could save money from switching but do not or cannot. [read post]
30 Dec 2014, 9:53 am by Sabrina I. Pacifici
Read the expert reports submitted in support of the reverse red-lining allegations made in the case and NCLC’s issue brief detailing key findings by the experts. [read post]
11 Jun 2010, 6:20 pm by Law Lady
Meloy, 436 So. 2d 396 (Fla. 2d DCA 1983) (judgment was affirmed in appeal by mortgagee from order granting summary judgment to appellees, mortgagors, in an action to foreclose on a mortgage. [read post]
23 May 2016, 9:44 pm
" The Associated Press reports that "Appeals court reverses fraud finding against Bank of America. [read post]
11 Aug 2010, 11:08 am by Lynne Butler
Interesting article from Rob Carrick of the Globe and Mail about annuities and reverse mortgages. [read post]
14 Dec 2018, 2:38 am by Simon Lovegrove (UK)
The FCA and PRA are proposing to amend home finance reporting requirements to address gaps and problems they have identified so that: mortgage administrators submit product sales data (PSD) performance reports on mortgages owned by entities which are not authorised home finance lenders; mortgage lenders: (i) submit PSD sales reports on internal product transfers and further advances; (ii) submit PSD sales reports containing information on any other outstanding debt secured… [read post]
20 Apr 2011, 9:30 am
The only requirement is that you own the house or flat in question. 4) Take the reverse mortgage. [read post]
17 Apr 2009, 5:33 am
A common practice in the mortgage industry is to buy and sell mortgages. [read post]
8 Oct 2019, 1:20 pm by Daily Record Staff
Sless Group of Primary Residential Mortgage (PRMI) has added Laura Harris as a loan processor dealing exclusively with reverse mortgages. [read post]
13 Aug 2007, 3:05 am
In an August 11 Wall Street Journal article, Reversal of Fortune No. 1 Company in Mortgages Faces Turbulence, Mr. [read post]
10 Oct 2017, 10:00 am by Kyle Krull
Reference: Reverse Mortgage Daily (September 18, 2017) “How Elder Law Attorneys Can Become Key Reverse Mortgage Partners” [read post]
7 Apr 2011, 12:36 pm by E. Alexandra "Sasha" Golden
A follow-up to my post of March 9, in which I discussed a law suit brought by AARP against the Department of Housing and Urban Development concerning the agency's policies about reverse mortgages. [read post]
5 May 2024, 2:00 am by Ingrid Evans
ATTORNEY NEWSLETTER Three Charged In Murder-For-Hire Scheme 96-Year-Old Victim Predatory Reverse Mortgage On Victim’s Home California has the most expensive real estate in the country. [read post]
19 Dec 2011, 1:26 pm by Sarah Yocum Rider
    In addition to clarifying its position regarding private residential mortgages, the Department’s letter also announced that the Department reversed its original position that installment sales agreements are not a form of selling financing subject to the mortgage licensing requirements. [read post]